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Unclaimed

45 Worcester Street, Ashhurst

Palmerston North City

Negotiation

  • 3
  • 1
  • 2
  • 118m²
  • 1,333 m²
  • House

START MAKING MEMORIES HERE!

If your family is looking for space to play they will love you for making this home. Set on 1333m2 (more or less) this property is superbly fenced for privacy and security - you can rest assured that the children and pets will be safe and secure while they are enjoying playing in all this outdoor space. Plenty of room for a trampoline and pool here! Established fruit trees - apple, feijoa, lemon, lime and orange. You'll appreciate the convenience of two entranceways, lots of parking for additional vehicles. This home is well positioned for sun - its beautifully sunny and bright with lots of windows to let the natural light in. The lounge is spacious with a woodburner and plenty of space for a family sized lounge suite and furniture. Great flow into the dining room and kitchen, perfect for entertaining! The bathroom is light and modern with a separate shower and a bath. This family love the size of the bedrooms - three large double rooms including a supersized master bedroom. Lovely outdoor undercover deck that allows you to relax with a cuppa and watch the children play. The single garage has an attached rumpus room and space for storage, plus a large carport for extra parking. Set on a quiet street within easy walking distance to Ashhurst School, bus stops, cafe and the library - this solid home is seriously for sale - phone now to arrange your time to view!

OwnBetter estimate
$632k
Medium confidence

We estimate it would sell for $632,000 as at 5 October 2026, in a range of $567,000 to $719,000.

Typical home in Ashhurst
$620k
The median of our estimates of its 1,526 homes
How we worked this out
Council valuation, Sept 2024$650,000
Market movement in Palmerston North City since the council valuation−2.3%
How Ashhurst sells against council values−0.1%
Homes of this age in Ashhurst−0.5%
Land as a share of the value+0.2%
Nearby recent sales (15)−0.2%
Its own sale in 2022+0.2%
Our estimate$632,000

We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales and its own last sale have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.

My notes
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What it costs to live here

Home expense estimates

—a month, all in

Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.

Investor insights

45 Worcester Street as a rental

Rent estimate$605/wk$520–$700 · Little evidence
Gross yield5.0%$31,460 a year on $632k
Net yield4.1%After $5,566 of costs
Cash flow−$13/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $605
Property manager
Rent, 52 weeks$31,460
Empty between tenants 2 weeks
Property management 9.2% incl. GST
Maintenance 5% of rent
Council rates this year
Landlord insurance the building
Net income before interest$25,894
Interest $442,400 at 6.00%, interest only−$26,544
Cash flow before tax−$650
Cash flow a week−$13
Gross / net yield on the price5.0% / 4.1%
Return on equity cash flow on the deposit, before tax−0.3%
Loses money above this interest rate, before tax5.85%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.85%. That is -0.3% a year on a $190k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area118 m²
  • Land area1,333 m²
  • Decade built1970s
  • Bedrooms3
  • Bathrooms1
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilPalmerston North City
  • Valuation #14030-20300
  • Valuation date1 Sep 2024

From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.

Title and land

Order a title record
  • Title numberWN16A/221
  • Title typeFreehold
  • Legal descriptionPart Lot 7 Deposited Plan 31599
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

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Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

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Zoning and hazards

What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.

Reading the council's maps…

What could you build here?

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About Ashhurst

Palmerston North City
1,834
Properties on the rating roll
10 Jun 2026
Last council revaluation

Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.

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