Title boundary · 844 m² · LINZ
Unclaimed

2 Chew Place, Rānui

Porirua · Porirua City

Last sold Jul 2022

OwnBetter estimate
$572k
Medium confidence

We estimate it would sell for $572,000 as at 5 October 2026, in a range of $489,000 to $650,000.

Typical home in Rānui
$571k
The median of our estimates of its 1,014 homes
How we worked this out
Council valuation, Sept 2025$620,000
Market movement in Porirua City since the council valuation−3.7%
How Rānui sells against council values−1.5%
Homes of this age in Rānui−0.7%
Homes in this price range+0.2%
Land as a share of the value+0.9%
Nearby recent sales (15)−3.1%
Our estimate$572,000

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

Mortgage: open the section
$2,308a 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.

Home loan

What it would cost to buy 2 Chew Place

Every rate from 36 lenders →
Estimated repayments
$1,065
$456,000 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
Average5.03%
Highest5.35%Kookmin

The lowest rather than the highest is $110 less a fortnight — about $2,861 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$1,065/fn
  • ICBC4.65%s$1,085/fn
  • Bank of China4.68%s$1,088/fn
  • AIA New Zealand4.99%$1,128/fn
  • ANZ Bank New Zealand4.99%s$1,128/fn
  • ASB Bank4.99%$1,128/fn
  • Bank of Baroda4.99%$1,128/fn
  • Police Credit Union4.99%$1,128/fn
  • Unity Credit Union4.99%s$1,128/fn
  • Kiwibank5.15%s$1,149/fn
  • Bank of New Zealand5.19%$1,154/fn
  • SBS Bank5.19%s$1,154/fn
  • The Co-operative Bank5.19%s$1,154/fn
  • TSB Bank5.19%s$1,154/fn
  • Westpac New Zealand5.19%s$1,154/fn
  • First Credit Union5.29%s$1,167/fn
  • Kookmin Bank Auckland Branch5.35%$1,175/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 2 Chew Place. 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

2 Chew Place as a rental

Rent estimate$575/wk$500–$660 · Little evidence
Gross yield5.2%$29,900 a year on $572k
Net yield4.3%After $5,290 of costs
Cash flow+$86/wk30% deposit, interest only at 5.03%
Rent, 52 weeks$29,900
Empty between tenants 2 weeks−$1,150
Property management 9.2% incl. GST−$2,645
Maintenance 5% of rent−$1,495
Council rates this yearNot known
Landlord insurance the buildingNot known
Net income before interest$24,610
Interest $400,400 at 5.03%, interest only−$20,140
Cash flow before tax+$4,470

The rent covers the interest at rates up to 6.15%. That is 2.6% a year on a $172k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area103 m²
  • Decade built1950s
  • Bedrooms3
  • Bathrooms1
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilPorirua City
  • Valuation #15551-12600
  • Valuation date1 Sep 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 numberWN28C/337
  • Title typeFreehold
  • Estate descriptionFee Simple, 1/1, Lot 325 Deposited Plan 17336, 844 m2
  • Legal descriptionLot 325 Deposited Plan 17336
  • Land area844 m²
  • Title issued15 Apr 1986
  • Land districtWellington
Instruments on this title1 registered instrumentBuilding Line Restriction 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
Porirua Station
17 min walk · 975 m · about every 15 min
KPL
Bus stop
Mungavin Avenue at Gear Terrace (near 41)
4 min walk · 224 m · about every 35 min
220300421N6
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. 3 consents on record.

  1. 1 Oct 2023
    Adds/Alts$1,000 declared

    Amendment 1 - change to cladding

    Consent BCA230863085-1 · Porirua City
  2. 1 Sep 2023
    Adds/Alts$63,458 declared

    Construct versatile gge

    Consent BCA230863085 · Porirua City
  3. 1 Oct 2022
    Adds/Alts$42,600 declared

    Renovating/upgrading inside of house. Re gibbing,insulation for the wall

    Consent BCA221007111 · Porirua City

Resource consents

What the council has been asked to allow under the Resource Management Act. None on this property · 1 land use or subdivision consent within 250 m.

Within 250 m

  1. 9 Dec 2021
    Land use and subdivision

    Undertake a 2 lot subdivision around existing dwellings

    SL0002/22 RC8572 · Porirua City
    110 mGranted

Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents

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 Porirua 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 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 Rānui

Porirua City
1,210
Properties on the rating roll
1 Sep 2025
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.

Agents active in Rānui

People whose office is within 5 km of Rānui, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.

Who sold the most in Rānui →

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

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