Title boundary · 909 m² · LINZ
Unclaimed

76 Third Street, Kumara

Greymouth · Westland District

Last sold Oct 2013

OwnBetter estimate
$365k
Medium confidence

We estimate it would sell for $365,000 as at 5 October 2026, in a range of $312,000 to $415,000.

Typical home in Kumara
$298k
The median of our estimates of its 310 homes
How we worked this out
Council valuation, Sept 2023$275,000
Market movement in Westland District since the council valuation+22.6%
Apartments and houses in Westland District+0.3%
How Kumara sells against council values+3.5%
Homes of this age in Kumara+1.1%
Homes in this price range+1.7%
Land as a share of the value+1.5%
Nearby recent sales (10)−0.2%
Our estimate$365,000

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
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 report
What it costs to live here

Home expense estimates

—a month, all in

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

76 Third Street as a rental

Rent estimate$460/wk$400–$530 · Little evidence
Gross yield6.6%$23,920 a year on $365k
Net yield5.4%After $4,232 of costs
Cash flow+$84/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $460
Property manager
Rent, 52 weeks$23,920
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$19,688
Interest $255,500 at 6.00%, interest only−$15,330
Cash flow before tax+$4,358
Cash flow a week+$84
Gross / net yield on the price6.6% / 5.4%
Return on equity cash flow on the deposit, before tax4.0%
Loses money above this interest rate, before tax7.71%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 7.71%. That is 4.0% a year on a $110k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area103 m²
  • Decade built1910s
  • Bedrooms3
  • Bathrooms1
  • Parking1 car space
  • Property categoryUse not published
  • CouncilWestland District
  • Valuation #25700-11200
  • Valuation date1 Sep 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 numberWS2B/475
  • Title typeFreeholdBoundaries not fully establishedStandard registered title
  • Estate descriptionFee Simple, 1/1, Section 978 Town of Kumara, 910 m2
  • Legal descriptionSection 978 Town of Kumara
  • Land area909 m²
  • Title issued20 Jul 1966
  • Land districtWestland
Registered instruments1 registered instrument on this title, +1 statutory memorialMortgage 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

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 · 3 land use or subdivision consents within 250 m.

Within 250 m

  1. 12 Jul 2024
    Land use

    To construct accessory buildings that breach height, recession planes and front setback standards on land legally described as Sec 5 SO Plan 11746 within the Small Settlement Zone (ODP) and Settlement Zone (PDP, located at 74 Second Street, Kumara.

    240073 · Westland District
    119 mGranted
  2. 16 Aug 2021
    Land use

    To establish an oversized Non-Complying Activity accessory building within the Small Settlement Zone site legally described as Lot 1 DP 2243, Section 157 and 159, Part Section 160 Town of Kumara, 101 Seddon Street.

    210076 · Westland District
    206 mGranted
  3. 26 Jan 2021
    Land use

    To establish a residential dwelling within the Rural Zone on land legally described as Section 235-239 Town of Kumara, 45 Second Street.

    210007 · Westland District
    248 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.

We do not hold flood maps for Westland 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.

West Coast Regional Council does not publish its register. Ask it, quoting the address, and check the district council's property file.

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 Kumara

Westland District
356
Properties on the rating roll
1 Sep 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.

Like Kumara?

Find your perfect home

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.

Find all my properties