196 Sandringham Road, Sandringham
Also 1/196 Sandringham RoadAuckland · Auckland
Last sold Oct 1995
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $980 × 52 weeks = $50,960, against the council valuation of $1,675,000. 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 |
|---|---|---|
| 1 rental advertised nearby each adjusted to this property’s bedrooms and value | $659 | 1% |
| From its value what rentals in the area typically yield | $984 | 99% |
We read this property as a townhouse with 1 bedroom. 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 |
|---|---|---|---|---|---|
| 9A/8 Bankside Streetrealestate.co.nz ↗ | 1 | $400 | $659 | Oct 2026 | 4.4 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 196 Sandringham Road
CCB · special
KookminThe lowest rather than the highest is $323 less a fortnight — about $8,409 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$3,128/fn
ICBC4.65%s$3,187/fn
Bank of China4.68%s$3,199/fn
AIA New Zealand4.99%$3,315/fn
ANZ Bank New Zealand4.99%s$3,315/fn
ASB Bank4.99%$3,315/fn
Bank of Baroda4.99%$3,315/fn
Police Credit Union4.99%$3,315/fn
TSB Bank4.99%s$3,315/fn
Unity Credit Union4.99%s$3,315/fn
Kiwibank5.15%s$3,375/fn
Bank of New Zealand5.19%$3,391/fn
SBS Bank5.19%s$3,391/fn
The Co-operative Bank5.19%s$3,391/fn
Westpac New Zealand5.19%s$3,391/fn
First Credit Union5.29%s$3,429/fn- Kookmin Bank Auckland Branch5.35%$3,452/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
196 Sandringham Road as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $980 | ||
| Property manager | ||
| Rent, 52 weeks | $50,960 | |
| 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 | $34,376 | |
| Interest $1,172,500 at 5.02%, interest only | −$58,859 | |
| Cash flow before tax | −$24,484 | |
| Cash flow a week | −$471 | |
| Gross / net yield on the price | 3.0% / 2.1% | |
| Return on equity cash flow on the deposit, before tax | −4.9% | |
| Loses money above this interest rate, before tax | 2.93% | |
The rent covers the interest at rates up to 2.93%. That is -4.9% a year on a $503k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area155 m²
- Land area658 m²
- Decade built1910s
- Bedrooms1
- Bathrooms1
- Improvements3 flats, &, garage
- Property categoryMulti-unit
- CouncilAuckland
- Valuation #02140-00000043700
- Valuation date1 May 2024
- Rates this year, 2026/2027$7,568.40
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 numberNA47A/835
- Title typeFreehold
- Legal descriptionLot 2 Deposited Plan 3671
- Land area658 m²
- 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 · 25 land use or subdivision consents within 250 m.
Within 250 m
- 8 May 2025Land use
Installation of new solar panels on East and West plane of existing villa roof in a Special Character Area.
LUC60449522 · Auckland199 mGranted - 31 Mar 2025Subdivision
Cross Lease update due to new house being built in accordance with approved Building Consent
SUB60446415 · Auckland128 mGranted - 24 Jan 2025Land use
Proposed extension to existing dwelling with new slatted timber deck and swimming pool addition at rear. New pergola roof over deck. New standalone open carport. Minor internal alterations to existin
LUC60443150 · Auckland125 mGranted - 10 Dec 2024Land use
Changes to condition 1 (plan references) to provide for changes to additions previously approved by LUC60431076.
LUC60431076-A · Auckland231 mGranted - 10 Oct 2024157 mGranted
- 26 Aug 2024Land use
To construct a new 27m2 pool with associated decking and pool fencing and extend the existing family room to the rear of the existing dwelling.
LUC60436650 · Auckland216 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 Sandringham
29 people looked at properties in Sandringham 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 Sandringham
People whose office is within 5 km of Sandringham, 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.