5 Arrowsmith Drive, Clover Park
Auckland · Auckland
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $795 × 52 weeks = $41,340, against our estimate of $1,080,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.
How we worked this out
| Evidence | Points to | Counted |
|---|---|---|
| 3 rentals advertised nearby each adjusted to this property’s bedrooms and value | $911 | 3% |
| From its value what rentals in the area typically yield | $790 | 97% |
We read this property as a house with 4 bedrooms. Rentals advertised nearby count most when they are close, recent and alike; the more of them there are, the less the area’s bond figures count. Bond figures are rents agreed in new tenancies, from Tenancy Services, placed within the area by how this property’s council valuation compares with similar homes there.
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 16 Maybole Driverealestate.co.nz ↗ | 5 | $1,180 | $911 | Oct 2026 | 4.0 km |
| 20 Kiato Lanerealestate.co.nz ↗ | 2 | $620 | $1,137 | Oct 2026 | 2.4 km |
| 16D Haddon Streetrealestate.co.nz ↗ | 4 | $790 | $908 | Oct 2026 | 7.1 km |
These are computer-generated guides only, not a rental appraisal.
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
Home expense estimates
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.
5 Arrowsmith Drive as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $795 | ||
| Property manager | ||
| Rent, 52 weeks | $41,340 | |
| 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 | $34,026 | |
| Interest $787,500 at 6.00%, interest only | −$47,250 | |
| Cash flow before tax | −$13,224 | |
| Cash flow a week | −$254 | |
| Gross / net yield on the price | 3.7% / 3.0% | |
| Return on equity cash flow on the deposit, before tax | −3.9% | |
| Loses money above this interest rate, before tax | 4.32% | |
The rent covers the interest at rates up to 4.32%. That is -3.9% a year on a $338k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area238 m²
- Decade built2000s
- Bedrooms4
- Bathrooms3
- Parking2 car spaces
- Property categoryUse not published
- CouncilAuckland
- Valuation #34500-00000085444
- Valuation date1 May 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 numberNA120A/287
- Title typeFreeholdGuaranteed
- Estate descriptionFee Simple, 1/1, Lot 40 Deposited Plan 190059, 407 m2
- Land area407 m²
- Title issued10 Jul 1998
- Land districtNorth Auckland
- Worth asking aboutNotice of claimon this titleA claim to an interest in the home has been registered, usually under the Property (Relationship) Act. Ask how it will be withdrawn before settlement.
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
Listings
Selling this property, or the agent for it? Import the listing from your agency's site or a portal and it appears here, free: photos, price, open homes and your details, beside the council record buyers are already reading.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 21 land use or subdivision consents within 250 m.
Within 250 m
- 17 Feb 2022Land use
Additions and alterations to an existing dwelling on a Residential Mixed Housing Suburban Zone site. Existing works to encompass in RC application: Existing Container Pool 6m pool within 1m of boundary; deck extension to pool. New works proposed: Non-compliant extension to Living Room (outlook space and building coverage infringements); New basement rumpus room beneath proposed extension
LUC60382020 · Auckland220 mGranted - 4 Jun 2021Land use
The proposal is for the construction of a two-storey dwelling on a vacant site with infringements to the height in relation to boundary and front yard landscaped area standards.
LUC60379202 · Auckland243 mGranted - 16 Sep 2020196 mGranted
- 7 Jun 2020Land use
The purpose of this application is to obtain a land use consent to construct a new dwelling on the subject site. The subject site is presently is a vacant site and has been zoned as the Mixed housing Suburban under the operative part of the Unitary plan
LUC60358302 · Auckland227 mGranted - 30 Oct 2017Land use
The proposal seeks dispensation for land use infringements i.e. height in relation to boundary, retaining wall and yard, as a result of the proposed house being sited outside of the specified building platform during construction.
LUC60310129 · Auckland131 mGranted - 24 Oct 2017113 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.
We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
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.
The hazard maps could not be read just now.
What could you build here?
See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.
About Clover Park
16 people looked at properties in Clover Park this week.
Counts describe the records we hold for this territorial authority, not a market forecast. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.
Agents active in Clover Park
People whose office is within 5 km of Clover Park, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.