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Unclaimed

11 Cedar Crescent, Matamata

Matamata-Piako District

Offers Over $790,000

  • 3
  • 2
  • 2
  • 190m²
  • 681 m²
  • House

A Fantastic Location, Lovingly Maintained

If location, space and a home that has been genuinely cared for are high on your wish list, then 11 Cedar Crescent deserves your attention. Tucked away in a lovely, peaceful cul-de-sac, this appealing three bedroom, two bathroom home enjoys a location that is hard to beat. With the local hospital, town centre and the popular Tom Grant Walk all within walking distance, convenience is right on your doorstep. Built by a respected local builder who is still actively building today, this home has been owned and lovingly maintained by its current owners for the past 13 years. The pride of ownership is evident, with careful attention given to the property's upkeep, from the exterior of the home and roof through to the beautifully presented gardens and established plantings. It is clear that this is a property that has been looked after and maintained with care over the years. Step inside and you'll discover a generous living area offering plenty of room for relaxing with family or entertaining friends. Three good sized bedrooms provide comfortable accommodation, while the wide hallway creates a lovely sense of space and flow throughout the home. The master bedroom is a real bonus, featuring its own ensuite and doors opening directly onto the garden, a lovely spot to enjoy the outdoors and the established surroundings. A large family bathroom caters to the rest of the household, while two heat pumps provide year round comfort. Practicality hasn't been overlooked either, with a double garage and heaps of additional off-street parking, giving you plenty of room for extra vehicles, visitors or additional storage. Outside, the gardens provide a beautiful setting, adding to the appeal of this well established property. Combined with the peaceful cul-de-sac setting and the convenience of nearby amenities, this is a home that offers an appealing balance of comfort, space and location. Whether you're looking for a home to settle into, wanting to downsize without sacrificing space, or searching for a property close to town and essential amenities, 11 Cedar Crescent is well worth a look.

Open homes 1

Sun, 8 Nov12:15 pm – 12:45 pm
.ics
OwnBetter estimate
$790k
Medium confidence

We estimate it would sell for $790,000 as at 5 October 2026, in a range of $675,000 to $898,000.

Typical home in Matamata
$722k
The median of our estimates of its 3,941 homes
How we worked this out
Council valuation, Jul 2024$770,000
Market movement in Matamata-Piako District since the council valuation+2.9%
How Matamata sells against council values+0.1%
Homes of this age in Matamata+0.2%
Homes in this price range−0.6%
Land as a share of the value+0.2%
Nearby recent sales (15)−0.2%
Our estimate$790,000

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

—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

11 Cedar Crescent as a rental

Rent estimate$675/wk$590–$780 · Little evidence
Gross yield4.4%$35,100 a year on $790k
Net yield3.7%After $6,210 of costs
Cash flow−$83/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $675
Property manager
Rent, 52 weeks$35,100
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$28,890
Interest $553,000 at 6.00%, interest only−$33,180
Cash flow before tax−$4,290
Cash flow a week−$83
Gross / net yield on the price4.4% / 3.7%
Return on equity cash flow on the deposit, before tax−1.8%
Loses money above this interest rate, before tax5.22%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.22%. That is -1.8% a year on a $237k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area190 m²
  • Land area681 m²
  • Decade built2000s
  • Bedrooms3
  • Bathrooms2
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilMatamata-Piako District
  • Valuation #5319-37401
  • Valuation date1 Jul 2024

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 numberSA53B/229
  • Title typeFreehold
  • Legal descriptionLot 10 Deposited Plan South Auckland 66303
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 Matamata

Matamata-Piako District
5,200
Properties on the rating roll
1 Jul 2024
Last council revaluation
Buyer demand

11 people looked at properties in Matamata this week.

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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