Title boundary · 14,617 m² · LINZ
Unclaimed

73 Webster Road, Matangi

Hamilton · Waikato District

Last sold Oct 2001

OwnBetter estimate
$1.83m
Medium confidence

We estimate it would sell for $1,830,000 as at 5 October 2026, in a range of $1,570,000 to $2,080,000.

Typical home in Matangi
$1.62m
The median of our estimates of its 828 homes
How we worked this out
Council valuation, Oct 2023$1,860,000
Market movement in Waikato District since the council valuation+1.8%
How Matangi sells against council values−2.0%
Homes of this age in Matangi−1.0%
Homes in this price range−0.9%
Land as a share of the value+1.1%
Nearby recent sales (14)−0.6%
Our estimate$1,830,000

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
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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

73 Webster Road as a rental

Rent estimate$1,030/wk$890–$1,180 · Little evidence
Gross yield2.9%$53,560 a year on $1.83m
Net yield2.4%After $9,476 of costs
Cash flow−$630/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $1,030
Property manager
Rent, 52 weeks$53,560
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$44,084
Interest $1,281,000 at 6.00%, interest only−$76,860
Cash flow before tax−$32,776
Cash flow a week−$630
Gross / net yield on the price2.9% / 2.4%
Return on equity cash flow on the deposit, before tax−6.0%
Loses money above this interest rate, before tax3.44%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 3.44%. That is -6.0% a year on a $549k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area331 m²
  • Decade built1980s
  • Bedrooms6
  • Bathrooms3
  • Parking4 car spaces
  • Property categoryUse not published
  • CouncilWaikato District
  • Valuation #4441-9801
  • Valuation date1 Oct 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 number702302
  • Title typeFreeholdGuaranteed
  • Estate descriptionFee Simple, 1/1, Lot 1 Deposited Plan 488940, 14,615 m2
  • Legal descriptionLot 1 Deposited Plan 488940
  • Land area14,617 m²
  • Title issued16 Jul 2018
  • Land districtSouth Auckland
Registered instruments1 registered instrument on this titleTransfer 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 · 2 land use or subdivision consents within 250 m.

Within 250 m

  1. 13 Sep 2021
    Land use

    To construct a new main residential dwelling on property that already contains an existing dwelling that would become a dependent persons dwelling and would exceed the permitted building coverage in the Rural Zone

    LUC0128/22 · Waikato District
    187 mGranted
  2. 11 Sep 2020
    Land use

    to construct, use and maintain a well for household/domestic water supply and pasture or crop irrigation

    AUTH142251.01.01 · Waikato Regional
    179 mGranted

Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents

Unclaimed
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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 Matangi

Waikato District
928
Properties on the rating roll
1 Oct 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.

The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.

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