Title boundary · 2,020 m² · LINZ
Unclaimed

8 Roma Way

Waitārere Forest, Levin · Horowhenua District

Last sold Oct 2020

OwnBetter estimate
$802k
Medium confidence

We estimate it would sell for $802,000 as at 5 October 2026, in a range of $686,000 to $912,000.

Typical home in Waitārere Forest
$778k
The median of our estimates of its 219 homes
How we worked this out
Council valuation, Aug 2025$830,000
Market movement in Horowhenua District since the council valuation−3.6%
How Waitārere Forest sells against council values+0.1%
Homes of this age in Waitārere Forest−0.2%
Homes in this price range+0.4%
Land as a share of the value+0.4%
Nearby recent sales (15)−0.5%
Our estimate$802,000

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

Mortgage: open the section
$3,239a 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.

Home loan

What it would cost to buy 8 Roma Way

Every rate from 36 lenders →
Estimated repayments
$1,494
$640,000 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
Average5.03%
Highest5.35%Kookmin

The lowest rather than the highest is $154 less a fortnight — about $4,016 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$1,494/fn
  • ICBC4.65%s$1,522/fn
  • Bank of China4.68%s$1,528/fn
  • AIA New Zealand4.99%$1,583/fn
  • ANZ Bank New Zealand4.99%s$1,583/fn
  • ASB Bank4.99%$1,583/fn
  • Bank of Baroda4.99%$1,583/fn
  • Police Credit Union4.99%$1,583/fn
  • Unity Credit Union4.99%s$1,583/fn
  • Kiwibank5.15%s$1,612/fn
  • Bank of New Zealand5.19%$1,619/fn
  • SBS Bank5.19%s$1,619/fn
  • The Co-operative Bank5.19%s$1,619/fn
  • TSB Bank5.19%s$1,619/fn
  • Westpac New Zealand5.19%s$1,619/fn
  • First Credit Union5.29%s$1,638/fn
  • Kookmin Bank Auckland Branch5.35%$1,649/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 8 Roma Way. 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.

Investor insights

8 Roma Way as a rental

Rent estimate$680/wk$590–$780 · Little evidence
Gross yield4.4%$35,360 a year on $802k
Net yield3.6%After $6,256 of costs
Cash flow+$17/wk30% deposit, interest only at 5.03%
Rent, 52 weeks$35,360
Empty between tenants 2 weeks−$1,360
Property management 9.2% incl. GST−$3,128
Maintenance 5% of rent−$1,768
Council rates this yearNot known
Landlord insurance the buildingNot known
Net income before interest$29,104
Interest $561,400 at 5.03%, interest only−$28,238
Cash flow before tax+$866

The rent covers the interest at rates up to 5.18%. That is 0.4% a year on a $241k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area190 m²
  • Decade built2020s
  • Bedrooms4
  • Bathrooms2
  • Parking4 car spaces
  • Property categoryUse not published
  • CouncilHorowhenua District
  • Valuation #14780-1416
  • 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 number930374
  • Title typeFreehold
  • Estate descriptionFee Simple, 1/1, Lot 13 Deposited Plan 546456, 2,016 m2
  • Land area2,020 m²
  • Title issued26 May 2021
  • Land districtWellington
Instruments on this title3 registered instrumentsConsent Notice under s221(4)(a) Resource Management Act 1991 ×2 · 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

Real-estate 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 · 5 land use or subdivision consents within 250 m.

Within 250 m

  1. 8 Jan 2025
    Land use

    Building Size/Frontage Construction of a pole shed that exceeds accesory building size

    501/2025/1 · Horowhenua District
    171 mGranted
  2. 30 Sep 2024
    Land use

    Accessory buildings Accessory building exceeds shed size for property

    501/2024/41 · Horowhenua District
    81 mGranted
  3. 4 Sep 2024
    Land use

    Undertake 5174m2 of Land Disturbance, Recontour, Cut, Fill and Compact 5174m2 of Land for Proposed Subdivision Road Construction at 8 Pioneer Road, Waitarere Beach, Levin.

    ATH-2024207292.00 · Horizons Regional
    240 mGranted
  4. 6 Aug 2024
    Subdivision

    Subdivision - Other Change conditions 1 and 33 of SUB 502/2021/535

    502/2021/535/2 · Horowhenua District
    240 mGranted
  5. 1 Sep 2022
    Land use

    Undertake Land Disturbance, Drill, Construct and Maintain a 5m Deep, 25mm Diameter Well for Domestic Water Supply and Residential Garden Irrigation purposes at Mowhia Grove, Waitarere Beach.

    ATH-2022205494.00 · Horizons Regional
    143 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 Council

What could you build here?

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About Waitārere Forest

Horowhenua District
249
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.

Agents active in Waitārere Forest

People whose office is within 5 km of Waitārere Forest, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.

Who sold the most in Waitārere Forest →

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

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