Finding a picture…
Estimate $691k – $876k
2
24 Galway Avenue, Hamilton East
Shared parcel · 1,078 m² · LINZ
Unclaimed
59 Plunket Terrace, Hamilton East
Also 59A Plunket TerraceHamilton · Hamilton City
Last sold Mar 2021
What you’ll love about this place
- About 40 m from a river
From LINZ's topographic maps: how near the land comes to the water's edge.
Rent estimate · 18 Oct 2026
$570 – $750/week
Most likely about $655 a week · Little evidence: a rough guide
Estimated rental yield
4.6%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $655 × 52 weeks = $34,060, against the council valuation of $740,000. 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 |
|---|---|---|
| 1 rental advertised nearby each adjusted to this property’s bedrooms and value | $643 | 9% |
| From its value what rentals in the area typically yield | $654 | 91% |
We read this property as a townhouse with 3 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.
Rentals it leaned on
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 49 Fitzroy Avenuerealestate.co.nz ↗ | 3 | $610 | $643 | Oct 2026 | 1.5 km |
These are computer-generated guides only, not a rental appraisal.
My notes
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
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 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 59 Plunket Terrace
Estimated repayments
$1,382
$592,000 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 $143 less a fortnight — about $3,715 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$1,382/fn
ICBC4.65%s$1,408/fn
Bank of China4.68%s$1,413/fn
AIA New Zealand4.99%$1,464/fn
ANZ Bank New Zealand4.99%s$1,464/fn
ASB Bank4.99%$1,464/fn
Bank of Baroda4.99%$1,464/fn
Police Credit Union4.99%$1,464/fn
Unity Credit Union4.99%s$1,464/fn
Kiwibank5.15%s$1,491/fn
Bank of New Zealand5.19%$1,498/fn
SBS Bank5.19%s$1,498/fn
The Co-operative Bank5.19%s$1,498/fn
TSB Bank5.19%s$1,498/fn
Westpac New Zealand5.19%s$1,498/fn
First Credit Union5.29%s$1,515/fn- Kookmin Bank Auckland Branch5.35%$1,525/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 59 Plunket Terrace. 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. How much could you borrow? · Mortgage calculator
Investor insights
59 Plunket Terrace as a rental
Rent estimate$655/wk$570–$750 · Little evidence
Gross yield4.6%$34,060 a year on $740k
Net yield3.8%After $6,026 of costs
Cash flow+$38/wk30% deposit, interest only at 5.03%
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.03% is today’s 1-year average | ||
| Rent a week our estimate $655 | ||
| Property manager | ||
| Rent, 52 weeks | $34,060 | |
| 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 | $28,034 | |
| Interest $518,000 at 5.03%, interest only | −$26,055 | |
| Cash flow before tax | +$1,979 | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 5.41%. That is 0.9% a year on a $222k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area90 m²
- Decade built1940s
- Bedrooms3
- Bathrooms1
- Parking2 car spaces
- Property categoryUse not published
- CouncilHamilton City
- Valuation #4120-21400-A
- 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 numberSA38D/36
- Title typeCross lease
- Estate descriptionFee Simple, 1/2, Lot 225 Deposited Plan South Auckland 927, 1,077 m2; Leasehold, 1/1, Flat 1 Deposited Plan South Auckland 45066 and Garage 1 Deposited Plan South Auckland 45066
- Legal descriptionFlat 1 Deposited Plan South Auckland 45066 and Garage 1 Deposited Plan South Auckland 45066; Lot 225 Deposited Plan South Auckland 927
- Land area1,078 m²
- Title issued7 Jul 1987
- Land districtSouth Auckland
- Addresses on this property2
Instruments on this title5 registered instrumentsLease ×2 · Housing Corporation Easement Certificate · Mortgage · Notice 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
Building work the council has consented on this property, newest first. 1 consent on record.
- 1 Oct 2019Adds/Alts$5,593 declared
Install insert metro solid fuel heater
Consent 19/039913 · Hamilton City
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 9 land use or subdivision consents within 250 m.
Within 250 m
- 11 Oct 2023184 mGranted
- 26 Jul 2023227 mGranted
- 29 Jul 2021Land use
Additions and Alterations to Special Heritage - Hayes Paddock Site. Building setback infringement.
010.2021.00011748.001 · Hamilton City212 mGranted - 11 Aug 2020Land use
Additions and Alterations Change to side windows and entry which are forward of rear building line in Hayes Paddock Special Heritage Zone.
010.2020.00011078.001 · Hamilton City151 mGranted - 2 Jul 2020Land use
Additions and Alterations Alterations including removal of side window and door for dwelling in Hayes Paddock Area
010.2020.00011022.001 · Hamilton City201 mGranted - 11 Nov 2019Land use
Fence 1.5 m boundary fences front and side forward of front building line - Special Residential Zone
010.2019.00010712.001 · Hamilton City163 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 Hamilton City 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.
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
Hamilton City
5,638
Properties on the rating roll
1 Sep 2024
Last council revaluation
Buyer demand
20 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.
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Pyper AdlerSalesperson
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Marcel BormansSalesperson
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Stephanie BormansSalesperson
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Liam BourtonSalesperson
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Robert BrawleySalesperson
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Shaun CosgraveSalesperson
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Trent FinlayAgent
Free for property owners
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