52B Fifth Avenue, Enderley
Hamilton · Hamilton City
Last sold May 2023
We estimate it would sell for $620,000 as at 5 October 2026, in a range of $556,000 to $705,000.
How we worked this out
| Council valuation, Sept 2024 | $620,000 |
|---|---|
| Market movement in Hamilton City since the council valuation | +1.4% |
| How Enderley sells against council values | −0.7% |
| Homes in this price range | +0.4% |
| Land as a share of the value | −0.7% |
| Nearby recent sales (15) | −1.6% |
| Its own sale in 2023 | +1.3% |
| Our estimate | $620,000 |
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.
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.
52B Fifth Avenue as a rental
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $600 | ||
| Property manager | ||
| Rent, 52 weeks | $31,200 | |
| Empty between tenants 2 weeks | ||
| Property management 9.2% incl. GST | ||
| Maintenance 5% of rent | ||
| Council rates this year | ||
| Landlord insurance the building | ||
| Body corporate levy operating levy | ||
| Net income before interest | $25,680 | |
| Interest $434,000 at 6.00%, interest only | −$26,040 | |
| Cash flow before tax | −$360 | |
| Cash flow a week | −$7 | |
| Gross / net yield on the price | 5.0% / 4.1% | |
| Return on equity cash flow on the deposit, before tax | −0.2% | |
| Loses money above this interest rate, before tax | 5.92% | |
The rent covers the interest at rates up to 5.92%. That is -0.2% a year on a $186k deposit. We don’t know this unit’s body corporate levy yet: type it in, or ask the agent for the disclosure statement. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area130 m²
- Decade built2000s
- Bedrooms3
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilHamilton City
- Valuation #4090-57000-B
- Valuation date1 Sep 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 number57821
- Title typeUnit Title
- Estate descriptionStratum in Freehold, 1/1, Unit 2 Deposited Plan 314604 and Accessory Unit 2 Deposited Plan 314604
- Legal descriptionUnit 2 Deposited Plan 314604 and Accessory Unit 2 Deposited Plan 314604
- Title issued4 Dec 2002
- Land districtSouth Auckland
- Worth asking aboutCourt applicationon the buildingAn application has been made to the High Court about the unit plan, such as to settle a redevelopment. Ask the body corporate what it covers and where it is up to.
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.
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 Enderley
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.
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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.