Estimate $1.39m – $1.85m
4
41B Cranmere Drive, Tamahere
Title boundary · 7,950 m² · LINZ
Unclaimed
7 Cranmere Drive, Tamahere
Also 229 Tauwhare Road and 235A Tauwhare RoadHamilton · Waikato District
Last sold Jan 2003
Rent estimate · 18 Oct 2026
$820 – $1,090/week
Most likely about $950 a week · Little evidence: a rough guide
Estimated rental yield
3.2%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $950 × 52 weeks = $49,400, against the council valuation of $1,550,000. 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 | $1,080 | 1% |
| From its value what rentals in the area typically yield | $947 | 99% |
We read this property as a house with 4 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 | $1,080 | Oct 2026 | 7.2 km |
These are computer-generated guides only, not a rental appraisal.
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 7 Cranmere Drive
Estimated repayments
$2,895
$1,240,000 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 $299 less a fortnight — about $7,781 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$2,895/fn
ICBC4.65%s$2,950/fn
Bank of China4.68%s$2,960/fn
AIA New Zealand4.99%$3,067/fn
ANZ Bank New Zealand4.99%s$3,067/fn
ASB Bank4.99%$3,067/fn
Bank of Baroda4.99%$3,067/fn
Police Credit Union4.99%$3,067/fn
Unity Credit Union4.99%s$3,067/fn
Kiwibank5.15%s$3,123/fn
Bank of New Zealand5.19%$3,138/fn
SBS Bank5.19%s$3,138/fn
The Co-operative Bank5.19%s$3,138/fn
TSB Bank5.19%s$3,138/fn
Westpac New Zealand5.19%s$3,138/fn
First Credit Union5.29%s$3,173/fn- Kookmin Bank Auckland Branch5.35%$3,194/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 7 Cranmere 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
7 Cranmere Drive as a rental
Rent estimate$950/wk$820–$1,090 · Little evidence
Gross yield3.2%$49,400 a year on $1.55m
Net yield2.6%After $8,740 of costs
Cash flow−$268/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 $950 | ||
| Property manager | ||
| Rent, 52 weeks | $49,400 | |
| 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 | $40,660 | |
| Interest $1,085,000 at 5.03%, interest only | −$54,576 | |
| Cash flow before tax | −$13,916 | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 3.75%. That is -3.0% a year on a $465k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area221 m²
- Decade built2000s
- Bedrooms4
- Bathrooms2
- Parking4 car spaces
- Property categoryUse not published
- CouncilWaikato District
- Valuation #4443-22701
- 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 number68147
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 1 Deposited Plan 317378, 7,947 m2
- Legal descriptionLot 1 Deposited Plan 317378
- Land area7,950 m²
- Title issued7 Oct 2003
- Land districtSouth Auckland
- Addresses on this property3
Instruments on this title4 registered instrumentsTransfer ×2 · Easement Instrument · Mortgage 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 Mar 2024Land use
Operative District Plan: To construct a Second Dwelling that does not comply with the permitted number of dwellings and permitted Impervious Surfaces within a Record of Title at a site in the Country Living Zone. Proposed District Plan - Appeals Version: To construct a Minor Residential Unit that does not comply with the permitted maximum gross floor area (70m2) within a Record of Title at a site in the Rural Lifestyle Zone.
LUC0297/24 · Waikato District182 mGranted - 23 May 2023Land use
Operative District Plan: To construct a second dwelling in the Country Living Zone, with non-compliances relating to impervious surfaces and building boundary setback. Proposed District Plan - Appeals Version: To construct a Minor Residential Unit (MRU) in the Rural Lifestyle Zone, with non-compliances relating to earthworks, building setback and MRU’s separation to principal residential unit.
LUC0529/23 · Waikato District125 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. 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 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
Rachel HookerSalesperson
Charlotte LewisSalesperson
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Neve McGregorSalesperson
Anthony MillsSalesperson
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