Finding a picture…
Estimate $564k – $750k
3
39C Windsor Road, Maeroa
Shared parcel · 888 m² · LINZ
Unclaimed
200 Seddon Road, Maeroa
Hamilton · Hamilton City
Last sold Mar 2020
OwnBetter estimate
$648k
Medium confidence
We estimate it would sell for $648,000 as at 5 October 2026, in a range of $582,000 to $738,000.
Typical home in Maeroa
$676k
The median of our estimates of its 859 homes
$582kLow
$630kCouncil value
$648kEstimate
$738kHigh
How we worked this out
| Council valuation, Sept 2024 | $630,000 |
|---|---|
| Market movement in Hamilton City since the council valuation | +1.4% |
| How Maeroa sells against council values | −0.2% |
| Homes of this age in Maeroa | −0.7% |
| Homes in this price range | +0.4% |
| Land as a share of the value | +0.4% |
| Nearby recent sales (15) | +0.3% |
| Its own sale in 2020 | +1.2% |
| Our estimate | $648,000 |
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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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
200 Seddon Road as a rental
Rent estimate$610/wk$530–$700 · Little evidence
Gross yield4.9%$31,720 a year on $648k
Net yield4.0%After $5,612 of costs
Cash flow−$21/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $610 | ||
| Property manager | ||
| Rent, 52 weeks | $31,720 | |
| 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 | $26,108 | |
| Interest $453,600 at 6.00%, interest only | −$27,216 | |
| Cash flow before tax | −$1,108 | |
| Cash flow a week | −$21 | |
| Gross / net yield on the price | 4.9% / 4.0% | |
| Return on equity cash flow on the deposit, before tax | −0.6% | |
| Loses money above this interest rate, before tax | 5.76% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 5.76%. That is -0.6% a year on a $194k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area120 m²
- Decade built1990s
- Bedrooms3
- Bathrooms2
- Property categoryUse not published
- CouncilHamilton City
- Valuation #4031-54100-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 numberSA55C/751
- Title typeCross leaseGuaranteed
- Estate descriptionFee Simple, 1/2, Part Lot 16 Deposited Plan 7223, 890 m2; Leasehold, 1/1, Flat 4 Deposited Plan South Auckland 67605 and Garage 3 Deposited Plan South Auckland 51789
- Legal descriptionFlat 4 Deposited Plan South Auckland 67605 and Garage 3 Deposited Plan South Auckland 51789; Part Lot 16 Deposited Plan 7223
- Land area888 m²
- Title issued23 Feb 1995
- Land districtSouth Auckland
Registered instruments3 registered instruments on this titleLease ×2 · Mortgage 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 · 18 land use or subdivision consents within 250 m.
Within 250 m
- 25 Nov 2024Land use
concurrent - Change of Conditions - Section 127 Amend Finished Floor Level Condition
010.2024.00013074.002 · Hamilton City30 mGranted - 25 Nov 2024Subdivision
CONCURRENT - Change of Conditions - Section 127 Amend Finished Floor Level Conditions
011.2024.00008416.003 · Hamilton City30 mGranted - 27 Jun 2024110 mGranted
- 11 Jun 202430 mGranted
- 11 Jun 2024Subdivision
CONCURRENT - Fee simple residential subdivision around 4 units
011.2024.00008416.001 · Hamilton City30 mGranted - 4 Jun 2024142 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
Nobody is tracking this property yet
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What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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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.
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 Maeroa
Hamilton City
973
Properties on the rating roll
1 Sep 2024
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 Maeroa
People whose office is within 5 km of Maeroa, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
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Melanie AndersonAgent
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Gavin HockingSalesperson
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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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