Finding a picture…
Estimate $258k – $382k
2
857 Hokio Beach Road, Hokio Beach
Title boundary · 907 m² · LINZ
Unclaimed
3 Procter Street, Hokio Beach
Levin · Horowhenua District
Last sold Aug 2009
OwnBetter estimate
$318k
Low confidence
We estimate it would sell for $318,000 as at 5 October 2026, in a range of $262,000 to $388,000.
Typical home in Hokio Beach
$406k
The median of our estimates of its 303 homes
$262kLow
$318kEstimate
$330kCouncil value
$388kHigh
How we worked this out
| Council valuation, Aug 2025 | $330,000 |
|---|---|
| Market movement in Horowhenua District since the council valuation | −3.6% |
| How Hokio Beach sells against council values | −0.5% |
| Homes of this age in Hokio Beach | +0.1% |
| Homes in this price range | +0.2% |
| Land as a share of the value | −0.2% |
| Nearby recent sales (5) | +0.3% |
| Our estimate | $318,000 |
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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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
3 Procter Street as a rental
Rent estimate$430/wk$370–$500 · Little evidence
Gross yield7.0%$22,360 a year on $318k
Net yield5.8%After $3,956 of costs
Cash flow+$97/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $430 | ||
| Property manager | ||
| Rent, 52 weeks | $22,360 | |
| 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 | $18,404 | |
| Interest $222,600 at 6.00%, interest only | −$13,356 | |
| Cash flow before tax | +$5,048 | |
| Cash flow a week | +$97 | |
| Gross / net yield on the price | 7.0% / 5.8% | |
| Return on equity cash flow on the deposit, before tax | 5.3% | |
| Loses money above this interest rate, before tax | 8.27% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 8.27%. That is 5.3% a year on a $95k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area50 m²
- Decade built1980s
- Bedrooms2
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilHorowhenua District
- Valuation #14820-18300
- Valuation date1 Aug 2025
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 numberWN20C/431
- Title typeFreeholdGuaranteedStandard registered title
- Estate descriptionFee Simple, 1/1, Lot 2 Deposited Plan 50181, 818 m2
- Land area907 m²
- Title issued17 Jul 1980
- Land districtWellington
Registered instruments0 registered instruments on this title 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 · 6 land use or subdivision consents within 250 m.
Within 250 m
- 28 Mar 2024Land use
Accessory building that exceeds the permitted accessory building site coverage
501/2024/12 · Horowhenua District234 mGranted - 17 Jan 2024Land use
To install a sandtrap well at 15 Ewing Street, Hokio Beach.
ATH-2024206597.00 · Horizons Regional146 mGranted - 31 Jul 2023Land use
Flood Hazard Overlay Area Construction of a dwelling in a flood hazard overlay area
501/2023/38 · Horowhenua District135 mGranted - 9 Jul 2021Land use
Building Site Coverage To construct a garage exceeding the size for an accessory building due to existing accessory buildings onsite
501/2021/284 · Horowhenua District135 mGranted - 26 Nov 2019Land use
Relocated Buildings and Flood Hazard Overlay Area Relocation of a second hand 98.29m² residential dwelling unit and the relocation of an associated 54m² non-habitable accessory building to site identified as being located within a Flood Hazard Overlay Area
501/2019/155 · Horowhenua District185 mGranted - 24 May 2017181 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 Horowhenua 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.
Horizons does not publish its register. Its HAIL information request form asks it what it holds on a property.
Ask Horizons 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 Hokio Beach
Horowhenua District
427
Properties on the rating roll
1 Aug 2025
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 Hokio Beach
People whose office is within 5 km of Hokio Beach, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Independent
Andrew MillerSalesperson
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John StewartAgent
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David ThompsonSalesperson
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Bernice CurelSalesperson
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Phoenix CurelSalesperson
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Russell DugganSalesperson
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Donna EvertonSalesperson
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William KaandorpSalesperson
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Marie MitchellSalesperson
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Cameron MorganSalesperson
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Kara TaogagaSalesperson
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Michael WhitsonSalesperson
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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