
299 Murphys Road, Flat Bush
Also 90 Norwood Drive and 92 Norwood DriveAuckland · Auckland
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $660 × 52 weeks = $34,320, against the council valuation of $745,000. 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 |
|---|---|---|
| 2 rentals advertised nearby each adjusted to this property’s bedrooms and value | $684 | 13% |
| From its value what rentals in the area typically yield | $656 | 87% |
We read this property as a townhouse. 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 |
|---|---|---|---|---|---|
| 20 Kiato Lanerealestate.co.nz ↗ | 2 | $620 | $684 | Oct 2026 | 1.5 km |
| 16 Maybole Driverealestate.co.nz ↗ | 5 | $1,180 | $861 | Oct 2026 | 1.8 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.
What it would cost to buy 299 Murphys Road
The lowest rather than the highest is $144 less a fortnight — about $3,740 over the 1 year.
All 17 lenders at 1 year fixed
China Construction Bank4.49%s$1,391/fn
ICBC4.65%s$1,418/fn
Bank of China4.68%s$1,423/fn
AIA New Zealand4.99%$1,474/fn
ANZ Bank New Zealand4.99%s$1,474/fn
ASB Bank4.99%$1,474/fn
Bank of Baroda4.99%$1,474/fn
Police Credit Union4.99%$1,474/fn
Unity Credit Union4.99%s$1,474/fnKiwibank5.15%s$1,501/fn
Bank of New Zealand5.19%$1,508/fn
SBS Bank5.19%s$1,508/fn
The Co-operative Bank5.19%s$1,508/fn
TSB Bank5.19%s$1,508/fn
Westpac New Zealand5.19%s$1,508/fn
First Credit Union5.29%s$1,525/fnKookmin Bank Auckland Branch5.35%$1,535/fn
Principal and interest at the lowest advertised card rate, held for the whole loan — no New Zealand rate is. A guide, not a lending offer or financial advice. How much could you borrow? · Mortgage calculator
299 Murphys Road as a rental
| Rent, 52 weeks | $34,320 |
|---|---|
| Empty between tenants 2 weeks | −$1,320 |
| Property management 9.2% incl. GST | −$3,036 |
| Maintenance 5% of rent | −$1,716 |
| Council rates this year | −$3,001 |
| Landlord insurance the building | Not known |
| Net income before interest | $25,247 |
| Interest $521,500 at 5.03%, interest only | −$26,231 |
| Cash flow before tax | −$984 |
The rent covers the interest at rates up to 4.84%. That is -0.4% a year on a $224k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Land area59 m²
- ImprovementsOther improvements, town, house
- Property categorySingle units, excluding bach
- CouncilAuckland
- Valuation #36400-00000011116
- Valuation date1 May 2024
- Rates this year, 2026/2027$3,000.97
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 number620741
- Title typeFreehold, with a 1/28 share of common land
- Estate descriptionFee Simple, 1/1, Lot 18 Deposited Plan 465320, 59 m2; Fee Simple, 1/28, Lot 30 Deposited Plan 465320, 823 m2
- Legal descriptionLOT 18 DP 465320
- Land area59 m²
- Shared land1/28 share of 823 m² common lot · held with 27 other places
- Title issued2 Sep 2013
- Land districtNorth Auckland
- Addresses on this property3
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 · 5 land use or subdivision consents within 250 m.
Within 250 m
- 1 Nov 2022Subdivision
To undertake a staged subdivision to create sites around a residential and commercial development approved under land use consent LUC60411035.
SUB60411036 · Auckland182 mGranted - 1 Nov 2022Land use
A land use and subdivision application to construct 109 residential units and commercial area of 730m2, parking and accessways, exte nsion of Argento Avenue and subdivision.
LUC60411035 · Auckland182 mGranted - 7 Jun 2022Land use
Earthworks will be in 2 phases, first phase occurring in the southern gully for removal and remediation of unsuitable fill. Second phase will involve earthworks over the entire site to form the final ground levels. Total earthworks for both phases consist of 44,485m3 over 14,635m2 with part of the earthworks located within 50m of a permanent stream located to the north of the site. The activity will also result in the temporary discharge of treated sediment-laden water and temporary diversion
LUC60403612 · Auckland182 mGranted - 9 Sep 2020Land use
The replacement of an existing telecommunications facility in the road reserve.
LUC60363300 · Auckland219 mGranted - 10 Dec 2015154 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.
A mapped flood area comes close to this property, but not onto it.
- Over the whole section
Unitary Plan Base Zone
On this propertyDistrict plan zones as Auckland publishes them. What a site may be used for, and what may be built on it.
- 4 m from the boundary
Flood plain
NearbyLand the council models as under water in a 1-in-100-year storm, usually with an allowance for climate change.
- 5 m from the boundary
Flood prone area
NearbyA low point where stormwater ponds if its outlet blocks or overflows.
- None within 250 m
Flood sensitive area
Not mapped hereLand beside a flood plain that could flood if the model is out, or the storm is bigger.
- None within 250 m
Coastal inundation
Not mapped hereLand the sea reaches in a 1-in-100-year storm tide once sea level has risen by 1 m.
- None within 250 m
Special character area
Not mapped hereStreets whose built character is protected: demolition and new building are assessed against the area's existing form, whatever the zone allows.
- None within 250 m
Historic heritage place
Not mapped hereA scheduled historic place. Work on it, including demolition, needs consent against the heritage schedule.
- None within 250 m
Height variation control
Not mapped hereAn explicit building height for this land, replacing the one its zone would give.
- None within 250 m
Volcanic viewshaft
Not mapped hereA protected view of a volcanic cone. Inside it, building height is capped at a fixed level above sea level to keep the cone visible.
- None within 250 m
Locally significant viewshaft
Not mapped hereA locally protected view of a cone, with its own height ceiling.
- None within 250 m
Museum viewshaft
Not mapped hereThe protected view of the Auckland War Memorial Museum.
- None within 250 m
Ridgeline protection
Not mapped hereSkyline land where building height is controlled so the ridge stays a ridge.
- None within 250 m
Notable tree
Not mapped hereA scheduled tree. It may not be felled or topped without consent, which makes it a permanent part of the skyline.
- None within 250 m
Notable group of trees
Not mapped hereA scheduled stand of trees, protected as a group.
- Over the whole section
Precinct
On this propertyLocal rules written for this area alone, which override the underlying zone where they differ.
- Precinct
- Flat Bush, Flat Bush sub-precinct A, Flat Bush sub-precinct F
Source: Auckland Council (CC BY 4.0)
Contaminated land
Councils keep registers of land used for activities on the Hazardous Activities and Industries List (HAIL) — service stations, timber treatment, orchards, landfills. A listing records how land was used, not that it is contaminated: most sites have never been tested.
Auckland Council does not publish its contaminated sites records. A site contamination enquiry (a fee applies) or the LIM will say what it holds.
Ask Auckland CouncilWhat 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 Flat Bush
10 people looked at properties in Flat Bush 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.
Like Flat Bush?












Agents active in Flat Bush
People whose office is within 5 km of Flat Bush, 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.