Property flipping 'pushing up prices': Valuer

This Clendon Park home increased nearly $300,000 in price in four months. (Image: Supplied)

Wed, 07 May 2025

A property valuer fears rampant flipping is pushing up prices in low-income suburbs of South Auckland.The valuer had previously operated in other parts of the city and was shocked when they started working in South Auckland last year to find modest homes changing hands multiple times within a few weeks at erratic price increments.A certain group of people conducted the lion’s share of these deals, and the valuer, who did not want to be identified for fear of repercussions, would see about two a week.Key figures in that group were Hills Re...

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