Estimate $1.00m – $1.27m
3
4 Buckingham Court, Wakatu
Title boundary · 547 m² · LINZ
Unclaimed
5 Hazells Way, Wakatu
Nelson · Nelson City
Last sold Jan 2012
OwnBetter estimate
$795k
Medium confidence
We estimate it would sell for $795,000 as at 5 October 2026, in a range of $680,000 to $904,000.
Typical home in Wakatu
$638k
The median of our estimates of its 464 homes
$680kLow
$795kEstimate
$800kCouncil value
$904kHigh
How we worked this out
| Council valuation, Sept 2024 | $800,000 |
|---|---|
| Market movement in Nelson City since the council valuation | −0.9% |
| Apartments and houses in Nelson City | −0.1% |
| How Wakatu sells against council values | +0.4% |
| Homes of this age in Wakatu | −0.2% |
| Homes in this price range | +0.1% |
| Land as a share of the value | +0.2% |
| Nearby recent sales (15) | −0.2% |
| Our estimate | $795,000 |
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
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 5 Hazells Way
Estimated repayments
$1,485
$636,000 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 · specialAverage5.03%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $154 less a fortnight — about $3,991 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$1,485/fn
ICBC4.65%s$1,513/fn
Bank of China4.68%s$1,518/fn
AIA New Zealand4.99%$1,573/fn
ANZ Bank New Zealand4.99%s$1,573/fn
ASB Bank4.99%$1,573/fn
Bank of Baroda4.99%$1,573/fn
Police Credit Union4.99%$1,573/fn
Unity Credit Union4.99%s$1,573/fn
Kiwibank5.15%s$1,602/fn
Bank of New Zealand5.19%$1,609/fn
SBS Bank5.19%s$1,609/fn
The Co-operative Bank5.19%s$1,609/fn
TSB Bank5.19%s$1,609/fn
Westpac New Zealand5.19%s$1,609/fn
First Credit Union5.29%s$1,627/fn- Kookmin Bank Auckland Branch5.35%$1,638/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 5 Hazells 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. How much could you borrow? · Mortgage calculator
Investor insights
5 Hazells Way as a rental
Rent estimate$680/wk$590–$780 · Little evidence
Gross yield4.4%$35,360 a year on $795k
Net yield3.7%After $6,256 of costs
Cash flow+$21/wk30% deposit, interest only at 5.03%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate 5.03% is today’s 1-year average | ||
| Rent a week our estimate $680 | ||
| Property manager | ||
| Rent, 52 weeks | $35,360 | |
| 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 | $29,104 | |
| Interest $556,500 at 5.03%, interest only | −$27,992 | |
| Cash flow before tax | +$1,112 | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 5.23%. That is 0.5% a year on a $239k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area228 m²
- Decade built2010s
- Bedrooms4
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilNelson City
- Valuation #19680-22303
- Valuation date1 Sep 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 number255777
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 3 Deposited Plan 362699, 548 m2
- Land area547 m²
- Title issued16 Jun 2006
- Land districtNelson
Instruments on this title7 registered instrumentsEasement Instrument ×2 · Transfer ×2 · Consent Notice under s221(4)(a) Resource Management Act 1991 · Grant of Easement Without Transfer · Mortgage 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 · 8 land use or subdivision consents within 250 m.
Within 250 m
- 5 Apr 2024Land use
Land use consent for an 8.7m high x 2.3m wide pylon sign advertising 16 tenancies and the Nelson Junction.
245076 · Nelson City175 mGranted - 15 Jan 2024Land use
To establish a supermarket within a previously consented building envelope/car parking footprint, and to erect associated signage, under Schedule N of the Industrial zone. NOTE: To be read in conjunction with land use consent RM085213V7
245003 · Nelson City175 mGranted - 15 Jan 2024Land use
Change of condition 1 of Resource Consent RM085213 as already varied by RM085213V1, V2, V3, V4, V5 & V6. NOTE: To be read in conjunction with land use RM245003
085213V7 · Nelson City175 mGranted - 7 Jun 2023Land use
Change of conditions for resource consent RM085213 (as varied by RM085213V1 V2 V3 V4 & V5) - Large Format Retailing in accordance with Schedule N of the NRMP. NOTE: To be read in conjunction with RM235131 earthworks for amended stage 4 building platform and RM085213X2 to extend lapse date.
085213V6 · Nelson City175 mGranted - 7 Jun 2023Land use
Application under s125 to extend lapse date by another 5 years. NOTE: To be read in conjunction with RM085213V6 change of conditions and RM235131 for earthworks.
085213X2 · Nelson City175 mGranted - 7 Jun 2023Land use
Land use for earthworks exceeding 3.0m as part of retaining the building platform for stage 4. NOTE: To be read in conjunction with RM085213V6 change of conditions and RM085213X2 time extension.
235131 · Nelson City175 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.
Free. Takes about a minute.
We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
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 Nelson 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.
Nelson City Council records these on the LIM; it will say more about a listed site on request.
Ask Nelson City 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 Wakatu
Nelson City
550
Properties on the rating roll
1 Sep 2024
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.
Like Wakatu?
Find your perfect home
Estimate $958k – $1.27m
4
17 Pinnacle Place, Wakatu
Estimate $901k – $1.14m
4
2 Buckingham Court, Wakatu
Estimate $885k – $1.18m
3
6 Buckingham Court, Wakatu
Estimate $1.03m – $1.30m
3
398 Princes Drive, Wakatu
Estimate $978k – $1.30m
4
394 Princes Drive, Wakatu
Estimate $716k – $952k
3
8 Gracefield Street, Wakatu
Estimate $949k – $1.20m
3
33 Highview Drive, Wakatu
Estimate $942k – $1.25m
3
395 Princes Drive, Wakatu
Estimate $942k – $1.25m
4
396 Princes Drive, Wakatu
Agents active in Wakatu
People whose office is within 5 km of Wakatu, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Independent
Janice EmerySalesperson
Independent
Kathleen BradleyAgent
Independent
Carolyn RocheSalesperson
Independent
Revti VermaSalesperson
Independent
Katherine WebsterSalesperson
Bruce BattySalesperson
Tracy BeerSalesperson
Christine FergusonSalesperson
Michael FoxSalesperson
Callum GilchristBranch Manager
Timothy McQuadeBranch Manager
Allister NalderAgent
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
Free for property owners
Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.