Estimate $2.34m – $3.11m
10 Fairweather Lane, Tamahere
Title boundary · 5,039 m² · LINZ
Unclaimed
56 Redwood Grove, Tamahere
Hamilton · Waikato District
Last sold Oct 2024
OwnBetter estimate
$2.96m
Medium confidence
We estimate it would sell for $2,960,000 as at 5 October 2026, in a range of $2,650,000 to $3,360,000.
Typical home in Tamahere
$1.88m
The median of our estimates of its 1,701 homes
$2.65mLow
$2.65mCouncil value
$2.96mEstimate
$3.36mHigh
How we worked this out
| Council valuation, Oct 2023 | $2,650,000 |
|---|---|
| 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 | +1.1% |
| Nearby recent sales (15) | +0.4% |
| Its own sale in 2024 | +8.1% |
| Our estimate | $2,960,000 |
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 56 Redwood Grove
Estimated repayments
$5,529
$2,368,000 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 $572 less a fortnight — about $14,860 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$5,529/fn
ICBC4.65%s$5,633/fn
Bank of China4.68%s$5,652/fn
AIA New Zealand4.99%$5,858/fn
ANZ Bank New Zealand4.99%s$5,858/fn
ASB Bank4.99%$5,858/fn
Bank of Baroda4.99%$5,858/fn
Police Credit Union4.99%$5,858/fn
Unity Credit Union4.99%s$5,858/fn
Kiwibank5.15%s$5,965/fn
Bank of New Zealand5.19%$5,992/fn
SBS Bank5.19%s$5,992/fn
The Co-operative Bank5.19%s$5,992/fn
TSB Bank5.19%s$5,992/fn
Westpac New Zealand5.19%s$5,992/fn
First Credit Union5.29%s$6,059/fn- Kookmin Bank Auckland Branch5.35%$6,100/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 56 Redwood Grove. 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
56 Redwood Grove as a rental
Rent estimate$1,115/wk$970–$1,280 · Little evidence
Gross yield2.0%$57,980 a year on $2.96m
Net yield1.6%After $10,258 of costs
Cash flow−$1,087/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $57,980 |
|---|---|
| Empty between tenants 2 weeks | −$2,230 |
| Property management 9.2% incl. GST | −$5,129 |
| Maintenance 5% of rent | −$2,899 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $47,722 |
| Interest $2,072,000 at 5.03%, interest only | −$104,222 |
| Cash flow before tax | −$56,500 |
The rent covers the interest at rates up to 2.30%. That is -6.4% a year on a $888k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area406 m²
- Decade built2020s
- Bedrooms5
- Bathrooms3
- Parking4 car spaces
- Property categoryUse not published
- CouncilWaikato District
- Valuation #4443-3033
- 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 number910831
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 3 Deposited Plan 541751, 5,040 m2
- Land area5,039 m²
- Title issued11 Dec 2019
- Land districtSouth Auckland
Instruments on this title5 registered instrumentsEasement Certificate ×2 · Consent Notice under s221(4)(a) Resource Management Act 1991 · Easement Instrument · Land Covenant under s116(1)(a) or (b) Land Transfer Act 2017 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
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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 · 7 land use or subdivision consents within 250 m.
Within 250 m
- 2 Sep 2024Land use
Operative District Plan: Construction of a new dwelling, shed, water tanks and swimming pool infringing building setback, daylight admission, building coverage, impervious surfaces, height, and associated earthworks limits. Proposed District Plan – Appeals Version: Construction of a new dwelling, shed, water tanks and swimming pool infringing building setbacks, building coverage, height and associated earthworks limits.
LUC0078/25 · Waikato District170 mGranted - 25 Aug 2022Land use
Operative District Plan: To construct a dwelling on a site with non-compliances relating to Earthworks (volume) and Impervious Surfaces in the Country Living Zone. Proposed District Plan - Appeals Version: To construct a dwelling on a site with non-compliances relating to Earthworks (volume) and Earthworks (setbacks) in the Rural Lifestyle Zone.
LUC0103/23 · Waikato District170 mGranted - 30 Jun 2022Land use
Operative District Plan: To construct two accessory buildings and swimming pool on an existing site which will result in a building setback infringement of 5.189m from the Eastern Boundary, as well as accessory building coverage, impervious surface and earthwork volume infringements in the Country Living Zone, Proposed District Plan - Appeals Version: To construct an accessory building that will infringe the Eastern Boundary by 5.189m in the Rural Lifestyle Zone.
LUC0624/22 · Waikato District241 mGranted - 21 Jun 2022Land use
Operative District Plan (ODP): To establish a dwelling and future accessory building on a newly created lot that exceeds the permitted earthworks volume & impervious surfaces in Tamahere and building coverage and is located within the permitted setbacks on a site within the Country Living Zone. Proposed District Plan (PDP): To establish a residential unit and a future accessory building on a newly created lot that exceeds the permitted earthworks volume, earthworks are within 1.5m of a boundary and importation of fill on a site within the Rural Lifestyle Zone.
LUC0612/22 · Waikato District170 mGranted - 5 Sep 2019Land use
Construct two additional dwellings (three in total) on a site undergoing subdivision with a combined area of impervious surfaces totally 2353m2 in the Country Living Zone
LUC0098/20 · Waikato District57 mGranted - 3 Aug 2018Land use
Construction of a garage/sleep-out on the application site, which breaches the total impervious surfaces rule.
LUC0054/19 · Waikato District249 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.
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
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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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