Asking Price $549,000
4 1 2
Room to Grow on Norrie Street
34 Norrie Street, Feilding
Professionals
1 / 16
Unclaimed
25 Homelands Avenue, Feilding
Manawatu District
Offers Over $499,000
- 3
- 1
- 2
- 170m²
- 895 m²
- House
Potential in popular cul-de-sac
Elevated to capture lovely views across Feilding, this much-loved family home has been cherished by the same family since it was built in 1973. Now, a rare opportunity awaits for a new owner to make their mark and unlock the potential this property has to offer.
Enjoy sunshine from multiple angles throughout the home, with the spacious living area providing a welcoming place to relax, complete with a powerful heatpump for year-round comfort. Around the corner, the tidy open-plan kitchen and dining area enjoy a peaceful rural outlook across the neighbouring farmland.
Three bedrooms, the family bathroom and separate toilet flow off the hallway, with linen storage conveniently located nearby to add to the home's practical appeal.
Outside, the backyard offers plenty of space to enjoy, while the oversized double garage beneath the home provides excellent storage and parking options. Adding to the appeal, a nearby pathway offers easy access through to Mount Taylor, perfect for getting out and enjoying the surrounds.
Brimming with potential and offering a fantastic opportunity to secure a home in an elevated setting, this is a property you’ll have to view to appreciate.
Be quick to view – opportunities like this don't come along every day!
Open homes 1
Sun, 8 Nov10:15 am – 10:45 am
OwnBetter estimate
$579k
Medium confidence
We estimate it would sell for $579,000 as at 5 October 2026, in a range of $495,000 to $659,000.
Typical home in Feilding
$575k
The median of our estimates of its 5,997 homes
$495kLow
$575kCouncil value
$579kEstimate
$659kHigh
How we worked this out
| Council valuation, Jul 2025 | $575,000 |
|---|---|
| Market movement in Manawatu District since the council valuation | ±0.0% |
| How Feilding sells against council values | −0.1% |
| Homes of this age in Feilding | −0.3% |
| Homes in this price range | +0.1% |
| Land as a share of the value | −0.1% |
| Nearby recent sales (15) | +1.2% |
| Our estimate | $579,000 |
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
25 Homelands Avenue as a rental
Rent estimate$580/wk$500–$670 · Little evidence
Gross yield5.2%$30,160 a year on $579k
Net yield4.3%After $5,336 of costs
Cash flow+$10/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $580 | ||
| Property manager | ||
| Rent, 52 weeks | $30,160 | |
| 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 | $24,824 | |
| Interest $405,300 at 6.00%, interest only | −$24,318 | |
| Cash flow before tax | +$506 | |
| Cash flow a week | +$10 | |
| Gross / net yield on the price | 5.2% / 4.3% | |
| Return on equity cash flow on the deposit, before tax | 0.3% | |
| Loses money above this interest rate, before tax | 6.12% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 6.12%. That is 0.3% a year on a $174k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area170 m²
- Land area895 m²
- Decade built1970s
- Bedrooms3
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilManawatu District
- Valuation #14061-17400
- Valuation date1 Jul 2025
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 numberWND1/268
- Title typeFreehold
- Legal descriptionLot 10 Deposited Plan 26044
Registered instrumentsChecking the register… See the title summary →
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
Getting around
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
Unclaimed
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What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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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.
Reading the council's maps…
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 Feilding
Manawatu District
7,002
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand
6 people looked at properties in Feilding 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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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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