$355,000 CV
1
37 High Street, Petone
Shared parcel · 798 m² · LINZ
Unclaimed
37 High Street, Petone
Also 8/31 Tennyson StreetLower Hutt · Lower Hutt City
Last sold May 2020
Rent estimate · 20 Oct 2026
$390 – $520/week
Most likely about $455 a week · Little evidence: a rough guide
Estimated rental yield
6.7%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $455 × 52 weeks = $23,660, against the council valuation of $355,000. 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 |
|---|---|---|
| From its value what rentals in the area typically yield | $453 | 100% |
We read this property as a townhouse with 1 bedroom. 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.
These are computer-generated guides only, not a rental appraisal.
My notes
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
Thinking of buying?Free pre-purchase running cost report Mortgage repayments, this year’s council rates, and estimates for insurance, electricity, gas and internet at this address — saved to your watchlist.
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 37 High Street
Estimated repayments
$663
$284,000 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 $69 less a fortnight — about $1,782 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$663/fn
ICBC4.65%s$676/fn
Bank of China4.68%s$678/fn
AIA New Zealand4.99%$703/fn
ANZ Bank New Zealand4.99%s$703/fn
ASB Bank4.99%$703/fn
Bank of Baroda4.99%$703/fn
Police Credit Union4.99%$703/fn
TSB Bank4.99%s$703/fn
Unity Credit Union4.99%s$703/fn
Kiwibank5.15%s$715/fn
Bank of New Zealand5.19%$719/fn
SBS Bank5.19%s$719/fn
The Co-operative Bank5.19%s$719/fn
Westpac New Zealand5.19%s$719/fn
First Credit Union5.29%s$727/fn- Kookmin Bank Auckland Branch5.35%$732/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 37 High Street. 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
37 High Street as a rental
Rent estimate$455/wk$390–$520 · Little evidence
Gross yield6.7%$23,660 a year on $355k
Net yield5.5%After $4,186 of costs
Cash flow+$135/wk30% deposit, interest only at 5.02%
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $455 | ||
| Property manager | ||
| Rent, 52 weeks | $23,660 | |
| 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 | $19,474 | |
| Interest $248,500 at 5.02%, interest only | −$12,475 | |
| Cash flow before tax | +$6,999 | |
| Cash flow a week | +$135 | |
| Gross / net yield on the price | 6.7% / 5.5% | |
| Return on equity cash flow on the deposit, before tax | 6.6% | |
| Loses money above this interest rate, before tax | 7.84% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 7.84%. That is 6.6% a year on a $107k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area50 m²
- Decade built1970s
- Bedrooms1
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilLower Hutt City
- Valuation #16570-57300-H
- 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 numberWN37D/951
- Title typeCross leaseGuaranteed
- Estate descriptionFee Simple, 1/9, Section 2 Block XV Wilford Settlement, 798 m2; Leasehold, 1/1, Flat 8 Deposited Plan 69747
- Legal descriptionFlat 8 Deposited Plan 69747; Section 2 Block XV Wilford Settlement
- Land area798 m²
- Title issued17 Aug 1990
- Land districtWellington
- Addresses on this property2
Registered instruments10 registered instruments on this titleLease ×9 · Mortgage 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
Train station
Ava Station
11 min walk · 633 m · about every 20 min
HVL
Bus stop
Cuba Street at Manchester Street
6 min walk · 313 m · about every 20 min
83110854855N8
Stops: Greater Wellington Regional CouncilWalk times estimated, not routed
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 Dec 2019Adds/Alts$2,000 declared
Res - waterproof shower & bathrm floor, tiling
Consent BC191558 · Lower Hutt City
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 16 land use or subdivision consents within 250 m.
Within 250 m
- 6 May 2024222 mGranted
- 12 Jun 2023171 mGranted
- 23 Mar 2023222 mGranted
- 3 May 2022192 mGranted
- 9 Oct 2020Land use
To construct and maintain a bore (BQ32/0598) for geotechnical investigation purposes.
37222* · Greater Wellington Regional244 mGranted - 26 Mar 2020244 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
Nobody is tracking this property yet
If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.
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What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
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 Lower Hutt City 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.
Greater Wellington will send the file on a listed site on request; quote the site number.
Ask Greater Wellington 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 Petone
Lower Hutt City
3,370
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand
18 people looked at properties in Petone this week.
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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People whose office is within 5 km of Petone, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
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