For Sale by Deadline Private Treaty (unless sold prior)
3 1 1
Deadline sale Thu, 29 Oct
Light, space and everyday appeal
61-63 Alberton Avenue, Mount Albert
Bayleys Dunedin
Title boundary · 697 m² · LINZ
Unclaimed
40 Harbutt Avenue, Mount Albert
Auckland · Auckland
Last sold Oct 2013
OwnBetter estimate
$1.34m
Medium confidence
We estimate it would sell for $1,340,000 as at 5 October 2026, in a range of $1,140,000 to $1,520,000.
Typical home in Mount Albert
$1.11m
The median of our estimates of its 7,345 homes
$1.14mLow
$1.34mEstimate
$1.35mCouncil value
$1.52mHigh
How we worked this out
| Council valuation, May 2024 | $1,350,000 |
|---|---|
| Market movement in Auckland since the council valuation | −4.8% |
| Apartments and houses in Auckland | +0.1% |
| How Mount Albert sells against council values | +1.2% |
| Homes of this age in Mount Albert | +2.4% |
| Homes in this price range | +0.1% |
| Land as a share of the value | −1.1% |
| Nearby recent sales (15) | +1.3% |
| Our estimate | $1,340,000 |
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 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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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
40 Harbutt Avenue as a rental
Rent estimate$880/wk$760–$1,010 · Little evidence
Gross yield3.4%$45,760 a year on $1.34m
Net yield2.8%After $8,096 of costs
Cash flow−$358/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $880 | ||
| Property manager | ||
| Rent, 52 weeks | $45,760 | |
| 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 | $37,664 | |
| Interest $938,000 at 6.00%, interest only | −$56,280 | |
| Cash flow before tax | −$18,616 | |
| Cash flow a week | −$358 | |
| Gross / net yield on the price | 3.4% / 2.8% | |
| Return on equity cash flow on the deposit, before tax | −4.6% | |
| Loses money above this interest rate, before tax | 4.02% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 4.02%. That is -4.6% a year on a $402k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area148 m²
- Decade built1920s
- Bedrooms4
- Bathrooms2
- Parking4 car spaces
- Property categoryUse not published
- CouncilAuckland
- Valuation #02130-00000014900
- 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 numberNA393/24
- Title typeFreeholdGuaranteedStandard registered title
- Estate descriptionFee Simple, 1/1, Lot 32 Deposited Plan 17247, 696 m2
- Land area697 m²
- Title issued24 May 1924
- Land districtNorth Auckland
Registered instruments5 registered instruments on this titleEncumbrance ×2 · Transfer ×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
Train station
Mt Albert Train Station
14 min walk · 807 m · about every 10 min
E-WO-W
Bus stop
Anderson Park
7 min walk · 400 m · about every 20 min
20922N22R
Stops: Auckland TransportWalk times estimated, not routed
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 · 25 land use or subdivision consents within 250 m.
Within 250 m
- 11 Oct 202499 mGranted
- 17 Jul 2024Subdivision
To subdivide the land into 19 fee simple residential lots and one Jointly Owned Access Lot ('JOAL')
SUB60435002 · Auckland222 mGranted - 16 Nov 2023Subdivision
It is proposed to construct six new dwellings, comprising two three bedroom and two two bedroom dwellings in terrace configuration, and two three bedroom dwellings in duplex configuration, including associated access and parking. The existing dwelling at 24B Newca stle Terrace is proposed to be retained, with a change to the fence line and parking arrangements for this dwelling.
SUB60425892 · Auckland80 mGranted - 16 Nov 2023Land use
It is proposed to construct six new dwellings, comprising two three bedroom and two two bedroom dwellings in terrace configuration, and two three bedroom dwellings in duplex configuration, including associated access and parking. The existing dwelling at 24B Newca stle Terrace is proposed to be retained, with a change to the fence line and parking arrangements for this dwelling.
LUC60425890 · Auckland80 mGranted - 30 Oct 2023Land use
Auckland Council Healthy Waters seeks resource consent to remediate an erosion slip on a bend of Oakley Creek, located in Harbutt Re serve, Mount Albert, Auckland. Specifically, resource consent is sought for a Restricted Discretionary Activity under the Auckland Unitary Plan Operative in part AUP OP .
LUS60425027 · Auckland127 mGranted - 30 Oct 2023Land use
Auckland Council Healthy Waters seeks resource consent to remediate an erosion slip on a bend of Oakley Creek, located in Harbutt Re serve, Mount Albert, Auckland. Specifically, resource consent is sought for a Restricted Discretionary Activity under the Auckland Unitary Plan Operative in part AUP OP .
LUC60425026 · Auckland127 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.
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.
- 12 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.
- 27 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.
- Nearest 91 m away
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.
- Nearest 210 m away
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.
- None within 250 m
Precinct
Not mapped hereLocal rules written for this area alone, which override the underlying zone where they differ.
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 Mount Albert
Auckland
8,015
Properties on the rating roll
1 May 2024
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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Agents active in Mount Albert
People whose office is within 5 km of Mount Albert, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Independent
Ramandeep AgnihotriSalesperson
Ray White
Vincent BarnaoAgent
Independent
Qiang BiSalesperson
Independent
Hyo ByunSalesperson
Maggie ChenSalesperson
Independent
Yu-Yuan ChenSalesperson
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Sarah ColebrookSalesperson
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Helen CollSalesperson
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Hayley ColleySalesperson
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Kirstin CollinsSalesperson
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Julie CurtisSalesperson
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Pernilla Da CostaSalesperson
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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