Estimate $1.48m – $1.87m
3
1E/11 George Street, Newmarket
Shared parcel · 1,381 m² · LINZ
Unclaimed
2E/11 George Street, Newmarket
Auckland · Auckland
Last sold Dec 2020
OwnBetter estimate
$1.64m
Medium confidence
We estimate it would sell for $1,640,000 as at 5 October 2026, in a range of $1,400,000 to $1,870,000.
Typical home in Newmarket
$544k
The median of our estimates of its 1,038 homes
$1.4mLow
$1.64mEstimate
$1.8mCouncil value
$1.87mHigh
How we worked this out
| Council valuation, May 2024 | $1,800,000 |
|---|---|
| Market movement in Auckland since the council valuation | −4.8% |
| Apartments and houses in Auckland | +0.1% |
| How Newmarket sells against council values | −1.6% |
| Homes of this age in Newmarket | −1.1% |
| Homes in this price range | −0.3% |
| Land as a share of the value | −0.7% |
| Nearby recent sales (15) | −0.6% |
| Our estimate | $1,640,000 |
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
Sign in to keep private notes on this property and record what you think it is worth.
Thinking of buying?Free pre-purchase running cost report Mortgage repayments, this year’s council rates, and estimates for insurance, electricity, gas and internet at this address — saved to your watchlist.
Sign in for the free reportHome 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.
Home loan
Every rate from 36 lenders →What it would cost to buy 2E/11 George Street
Estimated repayments
$3,063
$1,312,000 at 4.49% 1 year fixed with China Construction Bank, over 30 years Loan length
1 year fixed today · 17 lenders
Lowest4.49%
CCB · special
CCB · specialAverage5.03%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $317 less a fortnight — about $8,233 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$3,063/fn
ICBC4.65%s$3,121/fn
Bank of China4.68%s$3,132/fn
AIA New Zealand4.99%$3,245/fn
ANZ Bank New Zealand4.99%s$3,245/fn
ASB Bank4.99%$3,245/fn
Bank of Baroda4.99%$3,245/fn
Police Credit Union4.99%$3,245/fn
Unity Credit Union4.99%s$3,245/fn
Kiwibank5.15%s$3,305/fn
Bank of New Zealand5.19%$3,320/fn
SBS Bank5.19%s$3,320/fn
The Co-operative Bank5.19%s$3,320/fn
TSB Bank5.19%s$3,320/fn
Westpac New Zealand5.19%s$3,320/fn
First Credit Union5.29%s$3,357/fn- Kookmin Bank Auckland Branch5.35%$3,380/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 2E/11 George Street. Free for you — lenders pay brokers — and nobody sees your name until you choose one.
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
Investor insights
2E/11 George Street as a rental
Rent estimate$975/wk$850–$1,120 · Little evidence
Gross yield3.1%$50,700 a year on $1.64m
Net yield2.5%After $8,970 of costs
Cash flow−$308/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $50,700 |
|---|---|
| Empty between tenants 2 weeks | −$1,950 |
| Property management 9.2% incl. GST | −$4,485 |
| Maintenance 5% of rent | −$2,535 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $41,730 |
| Interest $1,148,000 at 5.03%, interest only | −$57,744 |
| Cash flow before tax | −$16,014 |
The rent covers the interest at rates up to 3.64%. That is -3.3% a year on a $492k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area140 m²
- Decade built2000s
- Bedrooms3
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilAuckland
- Valuation #01910-00000018614
- 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 number183529
- Title typeUnit Title
- Estate descriptionStratum in Freehold, 1/1, Unit 2E and Accessory Unit 18 Deposited Plan 344700
- Legal descriptionUnit 2E and Accessory Unit 18 Deposited Plan 344700
- Title issued27 May 2005
- Land districtNorth Auckland
Instruments on this title1 registered instrumentMortgage 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
Grafton Train Station
9 min walk · 535 m · about every 10 min
O-WS-C
Bus stop
Melrose Street
6 min walk · 306 m · about every 5 min
30647075866INN
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 · 19 land use or subdivision consents within 250 m.
Within 250 m
- 1 Mar 2024Land use
The original consent approved six stationary illuminated signs, each measuring 6.8m in length and 1m in height, along the parapets of the building two on the northern front facade, two on the southern rear facade, and one each on the eastern and western facades. Consent is also sought to consolidate the two signs into one plinth sign relocated further eastwards along the site frontage, as described above.
LUC60396194-A · Auckland139 mGranted - 5 Oct 2023Land use
EPA Application– Construction of four residential towers of between 7 and 15 storeys for a total of 263 dwellings. Associated works including earthworks, site infrastructure and landscaping.
LUC60424107 · Auckland201 mGranted - 19 Jan 2023Land use
To operate a rehabilitation and cancer treatment facility, using the existing building and alter the vehicle access arrangements.
LUC60414497 · Auckland139 mGranted - 3 Feb 2022Land use
Proposed alterations and additions to the existing building and comprehensive signage.
LUC60396194 · Auckland139 mGranted - 18 Jan 2022Land use
This resource consent application by Mansons TCLM Limited relates to a proposal to redevelop land at 110-116 Carlton Gore Road in Ne wmarket. Specifically, the proposal involves the demolition of the existing buildings and the construction of a new seven-level com mercial office and retail building, with associated basement parking over two levels. Resource consent is also sought for the propos ed basement construction and the associated earthworks and infrastructure installation.
LUC60344094 · Auckland166 mGranted - 17 Dec 2021Subdivision
Creating a new two bedroom apartment on the ground floor from existing space.
SUB60393646 · Auckland123 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
Nobody is tracking this property yet
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.
Free. Takes about a minute.
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.
What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.
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.
- Nearest 90 m away
Flood plain
Not mapped hereLand the council models as under water in a 1-in-100-year storm, usually with an allowance for climate change.
- 37 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.
- 20 m from the boundary
Historic heritage place
NearbyA scheduled historic place. Work on it, including demolition, needs consent against the heritage schedule.
- Over the whole section
Height variation control
On this propertyAn explicit building height for this land, replacing the one its zone would give.
- Height permitted
- 27m
- Over the whole section
Volcanic viewshaft
On this propertyA protected view of a volcanic cone. Inside it, building height is capped at a fixed level above sea level to keep the cone visible.
- Viewshaft
- Mount Eden
- Control
- Viewshafts
- 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.
- 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 Newmarket
Auckland
2,206
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.
Like Newmarket?
Find your perfect home
Estimate $1.47m – $1.86m
4
2A/11 George Street, Newmarket
Estimate $1.36m – $1.72m
4
3A/11 George Street, Newmarket
Estimate $1.24m – $1.64m
3
3B/11 George Street, Newmarket
Estimate $1.22m – $1.62m
4
1A/11 George Street, Newmarket
Estimate $1.22m – $1.62m
3
2B/11 George Street, Newmarket
Estimate $1.20m – $1.59m
3
GB/11 George Street, Newmarket
Estimate $1.34m – $1.69m
3
1B/11 George Street, Newmarket
Estimate $1.46m – $1.94m
3
31-39 Davis Crescent, Newmarket
Estimate $1.46m – $1.94m
2
31-39 Davis Crescent, Newmarket
Agents active in Newmarket
People whose office is within 5 km of Newmarket, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Independent
Katy AdamsSalesperson
Independent
Taylor AdlamSalesperson
Independent
Vineula 'AhokavaSalesperson
Independent
Scott AlexanderSalesperson
Independent
Timothy AlexanderSalesperson
Independent
Angela AllanSalesperson
Independent
Jasvinder AnandSalesperson
Independent
Garry AndersonSalesperson
Independent
Kelly AndersonSalesperson
Independent
Astrid ArmstrongAgent
Independent
Deepak AroraSalesperson
Independent
Glen AshtonSalesperson
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
Free for property owners
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.