Shared parcel · 2,001 m² · LINZ
UnclaimedResidentialSingle units, excluding bach

5/46 Packspur Drive, Flat Bush

Auckland · Auckland

Last sold Apr 2016

OwnBetter estimate
$949k
Medium confidence

We estimate it would sell for $949,000 as at 5 October 2026, in a range of $852,000 to $1,080,000.

Typical home in Flat Bush
$1.25m
The median of our estimates of its 12,281 homes
How we worked this out
Council valuation, May 2024$1,020,000
Market movement in Auckland since the council valuation−4.8%
Apartments and houses in Auckland−1.3%
How Flat Bush sells against council values−1.2%
Homes in this price range−0.2%
Land as a share of the value+0.2%
Nearby recent sales (15)+0.1%
Its own sale in 2016+0.2%
Our estimate$949,000

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.

Part of 46 Packspur Drive · Unit Title One of 7 units on Deposited Plan 408932. The boundary on the map is the whole building's — a unit title sits over the parcel the development shares. See the whole building →
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

5/46 Packspur Drive as a rental

Rent estimate$745/wk$640–$860 · Little evidence
Gross yield4.1%$38,740 a year on $949k
Net yield3.0%After $10,559 of costs
Cash flow−$225/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $745
Property manager
Rent, 52 weeks$38,740
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$28,181
Interest $664,300 at 6.00%, interest only−$39,858
Cash flow before tax−$11,677
Cash flow a week−$225
Gross / net yield on the price4.1% / 3.0%
Return on equity cash flow on the deposit, before tax−4.1%
Loses money above this interest rate, before tax4.24%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.24%. That is -4.1% a year on a $285k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area154 m²
  • Decade built2000s
  • Bedrooms3
  • Bathrooms2
  • Parking2 car spaces
  • ImprovementsOther improvements, town, house
  • Property categorySingle units, excluding bach
  • CouncilAuckland
  • Valuation #36400-00000010044-E
  • Valuation date1 May 2024
  • Rates this year, 2026/2027$3,705.42

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 number432776
  • Title typeUnit TitleGuaranteed
  • Estate descriptionStratum in Freehold, 1/1, Unit E Deposited Plan 408932
  • Legal descriptionUnit E Deposited Plan 408932
  • Title issued16 Oct 2008
  • Land districtNorth Auckland
  • Addresses on this property7
Registered instruments1 registered instrument on this title, 5 on the buildingTransfer ×3 · Change of Rules/Address of Body Corporate ×2 · Mortgage Only routine instruments registered See the title summary →

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

Getting around

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 · 4 land use or subdivision consents within 250 m.

Within 250 m

  1. 9 Feb 2021
    Land use

    Construction of a two-bedroom dwelling that is attached to the existing residence on the site.

    LUC60371953 · Auckland
    227 mGranted
  2. 2 Jul 2018
    Land use

    Consent to demolish dwelling and construct a new building containing 3 new dwellings. The application also includes title subdivision of new units.

    LUC60322705 · Auckland
    86 mGranted
  3. 2 Jul 2018
    Subdivision

    Consent to demolish dwelling and construct a new building containing 3 new dwellings. The application also includes title subdivision of new units.

    SUB60322706 · Auckland
    86 mGranted
  4. 1 Nov 2016
    Land use

    LAND USE - NEW TWO STOREY DWELLING

    LUC60291458 · Auckland
    72 mGranted

Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents

Unclaimed
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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.

This property is outside the flood areas the council maps.

  • Unitary Plan Base Zone

    On this property
    Over the whole section

    District plan zones as Auckland publishes them. What a site may be used for, and what may be built on it.

  • Flood plain

    Not mapped here
    Nearest 143 m away

    Land the council models as under water in a 1-in-100-year storm, usually with an allowance for climate change.

  • Flood prone area

    Not mapped here
    Nearest 193 m away

    A low point where stormwater ponds if its outlet blocks or overflows.

  • Flood sensitive area

    Not mapped here
    None within 250 m

    Land beside a flood plain that could flood if the model is out, or the storm is bigger.

  • Coastal inundation

    Not mapped here
    None within 250 m

    Land the sea reaches in a 1-in-100-year storm tide once sea level has risen by 1 m.

  • Special character area

    Not mapped here
    None within 250 m

    Streets whose built character is protected: demolition and new building are assessed against the area's existing form, whatever the zone allows.

  • Historic heritage place

    Not mapped here
    None within 250 m

    A scheduled historic place. Work on it, including demolition, needs consent against the heritage schedule.

  • Height variation control

    Not mapped here
    None within 250 m

    An explicit building height for this land, replacing the one its zone would give.

  • Volcanic viewshaft

    Not mapped here
    None within 250 m

    A protected view of a volcanic cone. Inside it, building height is capped at a fixed level above sea level to keep the cone visible.

  • Locally significant viewshaft

    Not mapped here
    None within 250 m

    A locally protected view of a cone, with its own height ceiling.

  • Museum viewshaft

    Not mapped here
    None within 250 m

    The protected view of the Auckland War Memorial Museum.

  • Ridgeline protection

    Not mapped here
    None within 250 m

    Skyline land where building height is controlled so the ridge stays a ridge.

  • Notable tree

    Not mapped here
    None within 250 m

    A scheduled tree. It may not be felled or topped without consent, which makes it a permanent part of the skyline.

  • Notable group of trees

    Not mapped here
    None within 250 m

    A scheduled stand of trees, protected as a group.

  • Precinct

    On this property
    Over the whole section

    Local rules written for this area alone, which override the underlying zone where they differ.

    Precinct
    Flat Bush, Flat Bush sub-precinct A

Source: Auckland Council (CC BY 4.0)

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 Flat Bush

Auckland
13,111
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand

10 people looked at properties in Flat Bush this week.

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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