
41 Cameron Road, Hamilton East
Also 10/41 Cameron RoadHamilton · Hamilton City
Last sold Jul 2021
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $445 × 52 weeks = $23,140, against the council valuation of $345,000. 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 |
|---|---|---|
| 2 rentals advertised nearby each adjusted to this property’s bedrooms and value | $369 | 1% |
| From its value what rentals in the area typically yield | $447 | 99% |
We read this property as an apartment with 2 bedrooms. 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 |
|---|---|---|---|---|---|
| 49 Fitzroy Avenuerealestate.co.nz ↗ | 3 | $610 | $369 | Oct 2026 | 3.3 km |
| 10 Westminster Placerealestate.co.nz ↗ | 4 | $800 | $351 | Oct 2026 | 7.7 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.
41 Cameron Road as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $445 | ||
| Property manager | ||
| Rent, 52 weeks | $23,140 | |
| 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 | $19,046 | |
| Interest $241,500 at 6.00%, interest only | −$14,490 | |
| Cash flow before tax | +$4,556 | |
| Cash flow a week | +$88 | |
| Gross / net yield on the price | 6.7% / 5.5% | |
| Return on equity cash flow on the deposit, before tax | 4.4% | |
| Loses money above this interest rate, before tax | 7.89% | |
The rent covers the interest at rates up to 7.89%. That is 4.4% a year on a $104k 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 area71 m²
- Decade built1970s
- Bedrooms2
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilHamilton City
- Valuation #4231-31600-D
- 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 numberSA22B/1407
- Title typeUnit TitleGuaranteed
- Estate descriptionStratum in Freehold, 1/1, Unit GD and Accessory Unit GD1, GD2 and GD3 Deposited Plan South Auckland 24388
- Legal descriptionUnit GD and Accessory Unit GD1, GD2 and GD3 Deposited Plan South Auckland 24388
- Title issued12 Jul 1977
- Land districtSouth Auckland
- Addresses on this property9
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
- 26 Sep 2024Subdivision
Unit Title Subdivision based on existing consented land use for apartments
011.2024.00008502.001 · Hamilton City189 mGranted - 20 Dec 2023189 mGranted
- 20 Dec 2023189 mGranted
- 5 Jul 202390 mGranted
- 22 Jun 2022Subdivision
Unit Title Subdivision creating 5 principal & 4 accessory lots around existing apartment building in the low flood hazard area
011.2022.00007989.001 · Hamilton City27 mGranted - 8 Apr 2022Land use
Apartment Units - Concurrent resource consent to establish an apartment building containing five residential units and subsequent unit title subdivision -Building line restriction removal application
010.2022.00012185.001 · Hamilton City196 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.
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.
Waikato Regional Council does not publish its register. Ask it for a HAIL search on the property; some district councils sell their own report.
Ask Waikato Regional 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 Hamilton East
21 people looked at properties in Hamilton East 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.
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Agents active in Hamilton East
People whose office is within 5 km of Hamilton East, 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.