Aerial · LINZ aerial
Title boundary · 321 m² · LINZ
Unclaimed

79A Iwa Street, Māpua

Tasman District

Deadline Sale

  • 2
  • 1
  • 1
  • 99m²
  • 320 m²
  • House
  • Rumpus room
  • 1 Off-street park
  • Deck / patio
  • Heat pump
Fencing
Fully Fenced
Views
Urban
Aspect
Westerly
Insulation
Ceiling, Walls
Roof
Coloured Steel
Exterior
Masonry Block/Brick
Flooring
Carpet, Tiles, Vinyl
Hot water
Electric
Water supply
Town
Sewage
Mains

Low-maintenance Living in the Heart of Mapua

Two bedroom properties in Mapua are seldom available. Built in 2004 with 99 sqm floor space, this home offers two double bedrooms with built-in wardrobes, an open-plan dining and living area, and a bright kitchen with plenty of cupboard space. A large shower room and separate toilet complete the picture.

Well insulated and maintenance free with brick and coloured steel roofing and a sunny westerly aspect keep it warm and light, with a deck and patio off the living area for easy indoor-outdoor flow.

The fully fenced garden makes the most of its 320 sqm - a generous mix of lawn and planting for a central village location, with off-street parking. Practical features include an office or utility room converted from the original garage.

Positioned in the heart of Mapua Village within a short 5-minute walk to the village shops, restaurants, bars & cafes, niche shops and Mapua school, this is the perfect home for anyone wanting to downsize, first-time buyers, small families looking for a low-maintenance footprint, or investors drawn to Mapua's enduring appeal.

Deadline sale closes: Wed 4 Nov, 4pm (Unless Sold Prior).

OwnBetter estimate
$649k
Medium confidence

We estimate it would sell for $649,000 as at 5 October 2026, in a range of $583,000 to $738,000.

Typical home in Māpua
$1.00m
The median of our estimates of its 809 homes
How we worked this out
Council valuation, Sept 2023$630,000
Market movement in Tasman District since the council valuation+2.0%
How Māpua sells against council values−0.7%
Homes of this age in Māpua+0.1%
Homes in this price range+1.4%
Land as a share of the value−0.3%
Nearby recent sales (15)−1.3%
Its own sale in 2017+1.8%
Our estimate$649,000

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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What it costs to live here

Home expense estimates

—a 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.

Investor insights

79A Iwa Street as a rental

Rent estimate$615/wk$530–$710 · Little evidence
Gross yield4.9%$31,980 a year on $649k
Net yield4.1%After $5,658 of costs
Cash flow−$18/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $615
Property manager
Rent, 52 weeks$31,980
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$26,322
Interest $454,300 at 6.00%, interest only−$27,258
Cash flow before tax−$936
Cash flow a week−$18
Gross / net yield on the price4.9% / 4.1%
Return on equity cash flow on the deposit, before tax−0.5%
Loses money above this interest rate, before tax5.79%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.79%. That is -0.5% a year on a $195k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area99 m²
  • Land area321 m²
  • Decade built2000s
  • Bedrooms2
  • Bathrooms1
  • Parking1 car space
  • Property categoryUse not published
  • CouncilTasman District
  • Valuation #19380-41128
  • Council Property ReportView the council’s report
  • Valuation date1 Sep 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 number668998
  • Title typeFreehold
  • Legal descriptionLot 4 Deposited Plan 479710
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

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Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

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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.

Reading the council's maps…

What could you build here?

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About Māpua

Tasman District
928
Properties on the rating roll
1 Sep 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.

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

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