Title boundary · 854 m² · LINZ
Unclaimed

6 Pluto Place, Milson

Palmerston North · Palmerston North City

Rent estimate · 12 Oct 2026
$520 – $690/week
Most likely about $600 a week · Little evidence: a rough guide
Estimated rental yield
5.0%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $600 × 52 weeks = $31,200, against our estimate of $625,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.

How we worked this out
EvidencePoints toCounted
From its value what rentals in the area typically yield$601100%

We read this property as a house with 4 bedrooms. 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
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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

6 Pluto Place as a rental

Rent estimate$600/wk$520–$690 · Little evidence
Gross yield4.9%$31,200 a year on $640k
Net yield4.0%After $5,520 of costs
Cash flow−$23/wk30% deposit, interest only at 6.00%
Rent, 52 weeks$31,200
Empty between tenants 2 weeks−$1,200
Property management 9.2% incl. GST−$2,760
Maintenance 5% of rent−$1,560
Council rates this yearNot known
Landlord insurance the buildingNot known
Net income before interest$25,680
Interest $448,000 at 6.00%, interest only−$26,880
Cash flow before tax−$1,200

The rent covers the interest at rates up to 5.73%. That is -0.6% a year on a $192k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area112 m²
  • Decade built1980s
  • Bedrooms4
  • Bathrooms1
  • Parking5 car spaces
  • Property categoryUse not published
  • CouncilPalmerston North City
  • Valuation #14510-63400
  • 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 numberWN17C/1014
  • Title typeFreehold
  • Estate descriptionFee Simple, 1/1, Lot 209 Deposited Plan 46875, 852 m2
  • Land area854 m²
  • Title issued30 May 1977
  • Land districtWellington
Instruments on this title1 registered instrumentMortgage 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

Building work the council has consented on this property, newest first. 1 consent on record.

  1. 1 Nov 2019
    Adds/Alts$25,000 declared

    To construct new bathrm inside existing gge

    Consent 191123 · Palmerston North City
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 Palmerston North 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.

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?

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 Milson

Palmerston North City
2,482
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. 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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