Finding a picture…
Not listedEstimate $1.13m – $1.50m
5
19 Winter Street, Mangapapa
2 title boundaries · 2,032 m² · LINZ
Unclaimed
178 Ormond Road
Also 178 Ormond RoadMangapapa, Gisborne · Gisborne District
Last sold Sept 2018
OwnBetter estimate
$1.19m
Medium confidence
We estimate it would sell for $1,190,000 as at 5 October 2026, in a range of $1,070,000 to $1,350,000.
Typical home in Mangapapa
$599k
The median of our estimates of its 1,535 homes
$1.07mLow
$1.16mCouncil value
$1.19mEstimate
$1.35mHigh
How we worked this out
| Council valuation, Aug 2023 | $1,160,000 |
|---|---|
| Market movement in Gisborne District since the council valuation | +4.8% |
| Apartments and houses in Gisborne District | −0.1% |
| How Mangapapa sells against council values | −0.1% |
| Homes of this age in Mangapapa | +0.2% |
| Homes in this price range | −0.9% |
| Land as a share of the value | −1.2% |
| Nearby recent sales (15) | −0.8% |
| Its own sale in 2018 | +0.9% |
| Our estimate | $1,190,000 |
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.
My notes
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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 178 Ormond Road
Estimated repayments
$2,223
$952,000 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 $230 less a fortnight — about $5,974 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$2,223/fn
ICBC4.65%s$2,265/fn
Bank of China4.68%s$2,272/fn
AIA New Zealand4.99%$2,355/fn
ANZ Bank New Zealand4.99%s$2,355/fn
ASB Bank4.99%$2,355/fn
Bank of Baroda4.99%$2,355/fn
Police Credit Union4.99%$2,355/fn
Unity Credit Union4.99%s$2,355/fn
Kiwibank5.15%s$2,398/fn
Bank of New Zealand5.19%$2,409/fn
SBS Bank5.19%s$2,409/fn
The Co-operative Bank5.19%s$2,409/fn
TSB Bank5.19%s$2,409/fn
Westpac New Zealand5.19%s$2,409/fn
First Credit Union5.29%s$2,436/fn- Kookmin Bank Auckland Branch5.35%$2,452/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 178 Ormond Road. 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.
Investor insights
178 Ormond Road as a rental
Rent estimate$830/wk$720–$950 · Little evidence
Gross yield3.6%$43,160 a year on $1.19m
Net yield3.0%After $7,636 of costs
Cash flow−$123/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $43,160 |
|---|---|
| Empty between tenants 2 weeks | −$1,660 |
| Property management 9.2% incl. GST | −$3,818 |
| Maintenance 5% of rent | −$2,158 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $35,524 |
| Interest $833,000 at 5.03%, interest only | −$41,900 |
| Cash flow before tax | −$6,376 |
The rent covers the interest at rates up to 4.26%. That is -1.8% a year on a $357k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area350 m²
- Decade built1950s
- Bedrooms5
- Bathrooms3
- Parking2 car spaces
- Property categoryUse not published
- CouncilGisborne District
- Valuation #8470-16700
- Valuation date1 Aug 2023
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 numbersGS111/231, GS2D/1099
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 1 Deposited Plan 1180, 1,012 m2
- Land area2,023 m²
- Title issued6 Apr 1955
- Land districtGisborne
- Addresses on this property4
Instruments on these titles1 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
Real-estate 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 · 12 land use or subdivision consents within 250 m.
Within 250 m
- 7 May 2025Subdivision
Two-lot subdivision of a residential property at 147 Stout Street, Gisborne.
112927* · Gisborne District192 mGranted - 22 Oct 2024Land use
to upgrade an existing telecommunications facility located in the road reserve of Sheridan Street, adjoining 129 Ormond Road.
112645* · Gisborne District91 mGranted - 9 May 2024Land use
**BUNDLED** to demolish the existing dwellings and accessory shed/garage located at Lots 1 and 2 Deposited Plan 541983, subdivide the two sites into 5 new lots, and construct a dwelling (attached to one side) within Lots 1, 2, 3, and 4 (4 new dwellings in total). Lot 5 will be a jointly owned access lot (JOAL). The proposed Lots 1, 2, 3, and 4 do not meet the Tairawhiti Resource Management Plan's minimum net site area requirements of the General Residential Zone. The consent includes some minor height recession plane (on the proposed dwellings within all the lots), and yards (on the proposed dwellings within Lots 1 and 4) infringements. Consent is also granted to carry out soil disturbance where contaminants for lead and asbestos exceed the 'Residential 10% Produce' land use scenario standards and does not comply with the permitted activity requirements under Regulation 8 of the National Environmental Standard for Assessing and Managing Contaminants in Soil to Protect Human Health 2011 (NES-CS).
112687* · Gisborne District244 mGranted - 9 May 2024Subdivision
**BUNDLED** to demolish the existing dwellings and accessory shed/garage located at Lots 1 and 2 Deposited Plan 541983, subdivide the two sites into 5 new lots, and construct a dwelling (attached to one side) within Lots 1, 2, 3, and 4 (4 new dwellings in total). Lot 5 will be a jointly owned access lot (JOAL). The proposed Lots 1, 2, 3, and 4 do not meet the Tairawhiti Resource Management Plan's minimum net site area requirements of the General Residential Zone. The consent includes some minor height recession plane (on the proposed dwellings within all the lots), and yards (on the proposed dwellings within Lots 1 and 4) infringements. Consent is also granted to carry out soil disturbance where contaminants for lead and asbestos exceed the 'Residential 10% Produce' land use scenario standards and does not comply with the permitted activity requirements under Regulation 8 of the National Environmental Standard for Assessing and Managing Contaminants in Soil to Protect Human Health 2011 (NES-CS).
112354* · Gisborne District244 mGranted - 9 May 2024Land use
**BUNDLED** to demolish the existing dwellings and accessory shed/garage located at Lots 1 and 2 Deposited Plan 541983, subdivide the two sites into 5 new lots, and construct a dwelling (attached to one side) within Lots 1, 2, 3, and 4 (4 new dwellings in total). Lot 5 will be a jointly owned access lot (JOAL). The proposed Lots 1, 2, 3, and 4 do not meet the Tairawhiti Resource Management Plan's minimum net site area requirements of the General Residential Zone. The consent includes some minor height recession plane (on the proposed dwellings within all the lots), and yards (on the proposed dwellings within Lots 1 and 4) infringements. Consent is also granted to carry out soil disturbance where contaminants for lead and asbestos exceed the 'Residential 10% Produce' land use scenario standards and does not comply with the permitted activity requirements under Regulation 8 of the National Environmental Standard for Assessing and Managing Contaminants in Soil to Protect Human Health 2011 (NES-CS).
112353* · Gisborne District244 mGranted - 15 Nov 2022Land use
to establish and operate a health and medical centre, being a Podiatry Clinic, at the 184 Ormond Road. The activity will be operated by a maximum of 3 practitioners and 1 administrator and will operate between the hours of 8am to 6pm, Monday to Friday. The application includes 3 on-site parks and signage associated with the proposed activity.
111551* · Gisborne District62 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
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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.
We do not hold flood maps for Gisborne District yet.
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.
We show the sites the district plan schedules as contaminated. Gisborne does not publish a wider register; ask the council or check the LIM.
Ask Gisborne District 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 Mangapapa
Gisborne District
1,642
Properties on the rating roll
1 Aug 2023
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 Mangapapa
People whose office is within 5 km of Mangapapa, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
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Roderick SheridanSalesperson
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Shannon SheridanAgent
Ray White
Kelly BryantSalesperson
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Shelley DonaldsonBranch Manager
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Scott HannahSalesperson
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Thomas HarbottBranch Manager
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Monica LunnySalesperson
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Dean MacFarlaneSalesperson
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Jayden McKaySalesperson
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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