Finding a picture…
Estimate $2.10m – $2.80m
4
9 Kirriemuir Close, Tamahere
Title boundary · 5,005 m² · LINZ
Unclaimed
25 Hodge Drive, Tamahere
Hamilton · Waikato District
Last sold Dec 2022
OwnBetter estimate
$2.41m
Medium confidence
We estimate it would sell for $2,410,000 as at 5 October 2026, in a range of $2,170,000 to $2,740,000.
Typical home in Tamahere
$1.88m
The median of our estimates of its 1,701 homes
$2.17mLow
$2.37mCouncil value
$2.41mEstimate
$2.74mHigh
How we worked this out
| Council valuation, Oct 2023 | $2,370,000 |
|---|---|
| Market movement in Waikato District since the council valuation | +1.8% |
| How Tamahere sells against council values | −1.8% |
| Homes of this age in Tamahere | +2.3% |
| Homes in this price range | −0.7% |
| Land as a share of the value | −0.3% |
| Nearby recent sales (15) | +1.0% |
| Its own sale in 2022 | −0.5% |
| Our estimate | $2,410,000 |
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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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 25 Hodge Drive
Estimated repayments
$4,501
$1,928,000 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 · specialAverage5.02%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $465 less a fortnight — about $12,099 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$4,501/fn
ICBC4.65%s$4,586/fn
Bank of China4.68%s$4,602/fn
AIA New Zealand4.99%$4,769/fn
ANZ Bank New Zealand4.99%s$4,769/fn
ASB Bank4.99%$4,769/fn
Bank of Baroda4.99%$4,769/fn
Police Credit Union4.99%$4,769/fn
TSB Bank4.99%s$4,769/fn
Unity Credit Union4.99%s$4,769/fn
Kiwibank5.15%s$4,856/fn
Bank of New Zealand5.19%$4,878/fn
SBS Bank5.19%s$4,878/fn
The Co-operative Bank5.19%s$4,878/fn
Westpac New Zealand5.19%s$4,878/fn
First Credit Union5.29%s$4,933/fn- Kookmin Bank Auckland Branch5.35%$4,967/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 25 Hodge Drive. 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
25 Hodge Drive as a rental
Rent estimate$1,115/wk$970–$1,280 · Little evidence
Gross yield2.4%$57,980 a year on $2.41m
Net yield2.0%After $10,258 of costs
Cash flow−$711/wk30% deposit, interest only at 5.02%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $1,115 | ||
| Property manager | ||
| Rent, 52 weeks | $57,980 | |
| 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 | $47,722 | |
| Interest $1,687,000 at 5.02%, interest only | −$84,687 | |
| Cash flow before tax | −$36,965 | |
| Cash flow a week | −$711 | |
| Gross / net yield on the price | 2.4% / 2.0% | |
| Return on equity cash flow on the deposit, before tax | −5.1% | |
| Loses money above this interest rate, before tax | 2.83% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 2.83%. That is -5.1% a year on a $723k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area256 m²
- Decade built2010s
- Bedrooms4
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilWaikato District
- Valuation #4443-19757
- 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 and land
Order a title record- Title number716255
- Title typeFreeholdGuaranteed
- Estate descriptionFee Simple, 1/1, Lot 1 Deposited Plan 492538, 5,003 m2
- Legal descriptionLot 1 Deposited Plan 492538
- Land area5,005 m²
- Title issued22 Jul 2016
- Land districtSouth Auckland
Registered instruments8 registered instruments on this titleTransfer ×4 · Consent Notice under s221(4)(a) Resource Management Act 1991 ×2 · Mortgage · Variation of Land Covenant under s116(3) Land Transfer Act 2017 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
Building work the council has consented on this property, newest first. 1 consent on record.
- 1 Sep 2024Adds/Alts$60,000 declared
Swimming pool
Consent BLD0121/25 · Waikato District
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 7 land use or subdivision consents within 250 m.
Within 250 m
- 10 Jul 2023242 mGranted
- 26 Apr 2022Land use
Operative District Plan: Dwelling extension and construction of a tennis court that result in earthworks, impervious surfaces, building coverage and building near a gully non-compliances within the Country Living Zone in Tamahere. Proposed District Plan: Decisions Version: Dwelling extension and construction of a tennis court that exceeds the permitted earthworks volume of 50m2 for purposes other than creating a building platform for residential purposes and earthworks including the importation of cleanfill to a site non-compliance.
LUC0494/22 · Waikato District242 mGranted - 15 Dec 2017Land use
Construct a new dwelling where the associated stormwater and wastewater disposal is within 25m of the top contour of the gully in the Country Living Zone.
LUC0295/18 · Waikato District200 mGranted - 20 May 2016Land use
To construct a new dwelling with a number of rule non-compliances including impervious surface coverage exceedance, building within the permitted setback from a gully and river, having a wastewater treatment field located within the permitted setback from a gully and earthworks exceeding the permitted volume.
LUC0495/16 · Waikato District143 mGranted - 20 May 2016Land use
To carry out earthworks to prepare a building platform for a new dwelling in the Country Living Zone, where the earthworks exceeds the maximum permitted volume.
LUC0426/16 · Waikato District76 mGranted - 31 Mar 2016Land use
Construction of a residential dwelling in the Country Living Zone which fails earthworks provisions.
LUC0390/16 · Waikato District150 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
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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 Waikato District 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 Tamahere
Waikato District
1,909
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.
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Agents active in Tamahere
People whose office is within 5 km of Tamahere, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Aimee BeltonSalesperson
Independent
Brenda DonaldsonAgent
Abbey GouldSalesperson
Kristen GouldSalesperson
Catherine HaywardSalesperson
Gemma HerringtonSalesperson
Summer HieattSalesperson
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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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