$1,400,000 CV
4
2 Stewart Street, Raglan
Shared parcel · 2,669 m² · LINZ
Unclaimed
5/2 Stewart Street, Raglan
Also 10/2 Stewart StreetWaikato District
Last sold Mar 2025
What you’ll love about this place
- Waterfront: the land comes within 20 m of the coast
From LINZ's topographic maps: how near the land comes to the water's edge.
OwnBetter estimate
$1.56m
Medium confidence
We estimate it would sell for $1,560,000 as at 5 October 2026, in a range of $1,340,000 to $1,780,000.
Typical home in Raglan
$1.05m
The median of our estimates of its 2,796 homes
$1.34mLow
$1.5mCouncil value
$1.56mEstimate
$1.78mHigh
How we worked this out
| Council valuation, Oct 2023 | $1,500,000 |
|---|---|
| Market movement in Waikato District since the council valuation | +1.8% |
| Apartments and houses in Waikato District | +0.1% |
| How Raglan sells against council values | +2.4% |
| Homes of this age in Raglan | +0.5% |
| Homes in this price range | −1.0% |
| Land as a share of the value | +1.1% |
| Nearby recent sales (15) | −0.8% |
| Our estimate | $1,560,000 |
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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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 5/2 Stewart Street
Estimated repayments
$2,914
$1,248,000 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 · specialAverage5.02%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $301 less a fortnight — about $7,831 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$2,914/fn
ICBC4.65%s$2,969/fn
Bank of China4.68%s$2,979/fn
AIA New Zealand4.99%$3,087/fn
ANZ Bank New Zealand4.99%s$3,087/fn
ASB Bank4.99%$3,087/fn
Bank of Baroda4.99%$3,087/fn
Police Credit Union4.99%$3,087/fn
TSB Bank4.99%s$3,087/fn
Unity Credit Union4.99%s$3,087/fn
Kiwibank5.15%s$3,144/fn
Bank of New Zealand5.19%$3,158/fn
SBS Bank5.19%s$3,158/fn
The Co-operative Bank5.19%s$3,158/fn
Westpac New Zealand5.19%s$3,158/fn
First Credit Union5.29%s$3,193/fn- Kookmin Bank Auckland Branch5.35%$3,215/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 5/2 Stewart Street. 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
5/2 Stewart Street as a rental
Rent estimate$950/wk$830–$1,090 · Little evidence
Gross yield3.2%$49,400 a year on $1.56m
Net yield2.6%After $8,740 of costs
Cash flow−$272/wk30% deposit, interest only at 5.02%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $950 | ||
| Property manager | ||
| Rent, 52 weeks | $49,400 | |
| Empty between tenants 2 weeks | ||
| Property management 9.2% incl. GST | ||
| Maintenance 5% of rent | ||
| Council rates this year | ||
| Landlord insurance the building | ||
| Body corporate levy operating levy | ||
| Net income before interest | $40,660 | |
| Interest $1,092,000 at 5.02%, interest only | −$54,818 | |
| Cash flow before tax | −$14,158 | |
| Cash flow a week | −$272 | |
| Gross / net yield on the price | 3.2% / 2.6% | |
| Return on equity cash flow on the deposit, before tax | −3.0% | |
| Loses money above this interest rate, before tax | 3.72% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 3.72%. That is -3.0% a year on a $468k deposit. We don’t know this unit’s body corporate levy yet: type it in, or ask the agent for the disclosure statement. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area169 m²
- Decade built2020s
- Bedrooms3
- Parking2 car spaces
- Property categoryUse not published
- CouncilWaikato District
- Valuation #6412-21100-L
- Valuation date1 Oct 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 and land
Order a title record- Title number1048080
- Title typeUnit TitleGuaranteed
- Estate descriptionStratum in Freehold, 1/1, Principal Unit 5A Deposited Plan 565297
- Legal descriptionPrincipal Unit 5A Deposited Plan 565297
- Title issued4 Sep 2024
- Land districtSouth Auckland
- Addresses on this property8
Registered instruments1 registered instrument on this title, 4 on the buildingEasement Instrument ×2 · Application for Deposit of Unit Title Plan · Consent Notice under s221(4)(a) Resource Management Act 1991 · Unit Titles Act 2010 - Reassessment of Ownership Interests - s67(1)(b) & 69(3) Only routine instruments registered 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 · 11 land use or subdivision consents within 250 m.
Within 250 m
- 29 Oct 2024Land use
Mixed-use multi story development consisting of residential units together with commercial units and shared access requiring land use and unit title subdivision resource consent. The site is within the Business Zone of the Operative District Plan and the Town Centre Zone of the Waikato District Plan - Operative in Part.
LUC0143/25 · Waikato District167 mGranted - 29 Oct 2024Subdivision
Mixed-use multi story development consisting of residential units together with commercial units and shared access requiring land use and unit title subdivision resource consent. The site is within the Business Zone of the Operative District Plan and the Town Centre Zone of the Waikato District Plan - Operative in Part.
SUB0040/25 · Waikato District167 mGranted - 10 Jun 2024Subdivision
Operative District Plan: Residential subdivision to create three additional unit titles around four existing apartments where the proposal fails to comply with allotment size, allotment boundaries (setbacks, daylight admission, building coverage), road frontage, complaint building platforms, number of vehicles sharing a private access, vehicle access width, sight lines and separation distances. Proposed District Plan – Appeals Version: Residential subdivision to create three additional unit titles around four existing apartments where the proposal fails to comply with building setbacks, allotment size, road frontage, compliant building platforms, and has an accessway which fails to comply with access width, sight lines and separation distances.
SUB0109/24 · Waikato District22 mGranted - 16 Feb 2024Land use
Operative District Plan: Construction/upgrade of a structure (boardwalk) within the dripline of notable trees in the Business Zone. Proposed District Plan – Appeals Version: Earthworks in the Commercial Zone within the extent of the setting of Historic Heritage Item 139; Earthworks within the dripline of Notable Trees; and earthworks in association with infrastructure upgrade (pedestrian walkway and watermain upgrade) not provided for in High Risk Coastal Erosion Area, High Risk Coastal inundation Area and Coastal Sensitivity Area (inundation).
LUC0271/24 · Waikato District85 mGranted - 21 Mar 2023Land use
Operative District Plan: Undertake earthworks exceeding the permitted maximum depth of excavation cut. Proposed District Plan – Appeals Version: Undertake earthworks exceeding the permitted maximum volume and height of cut and construct retaining walls higher than 1.5m within 3m of the road boundaries.
LUC0434/23 · Waikato District170 mGranted - 25 Jul 2018Land use
To construct a two story building within the Business Zone, that fails to comply with the veranda and display window controls, on a site that has been identified as a ‘piece of land’ and therefore requires consent under the Resource Management (National Environmental Standard for Assessing and Managing Contaminants in Soil to Protect Human Health) Regulations 2011 (NES).
LUC0560/18 · Waikato District217 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
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What claiming gets you
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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 Waikato District 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.
Waikato Regional Council does not publish its register. Ask it for a HAIL search on the property; some district councils sell their own report.
Ask Waikato Regional 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 Raglan
Waikato District
3,492
Properties on the rating roll
1 Oct 2023
Last council revaluation
Buyer demand
5 people looked at properties in Raglan 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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Agents active in Raglan
People whose office is within 5 km of Raglan, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Ray White
Henri AnholtsSalesperson
Ray White
Melanie CarrollSalesperson
Ray White
Fraser CoombesAgent
Deborah CrarerSalesperson
Mark CrarerSalesperson
Ray White
Blair HannaSalesperson
Ray White
David HannaAgent
Ray White
Julie HannaAgent
James LambieSalesperson
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Yana PembertonSalesperson
Nick SprySalesperson
Helen WestSalesperson
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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