Title boundary · 14,044 m² · LINZ
UnclaimedRuralMulti-use within lifestyle

32 Diamond Lane, Riverhead

Also 32A Diamond Lane

Auckland

Last sold Aug 2020

Rent estimate · 29 Oct 2026
$970 – $1,280/week
Most likely about $1,115 a week · Little evidence: a rough guide
Estimated rental yield
1.8%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $1,115 × 52 weeks = $57,980, against our estimate of $3,200,000. 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$1,114100%

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

Mortgage: open the section
$13,664a 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 32 Diamond Lane

Every rate from 36 lenders →
Estimated repayments
$6,304
$2,700,000 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
Average5.02%
Highest5.35%Kookmin

The lowest rather than the highest is $652 less a fortnight — about $16,943 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$6,304/fn
  • ICBC4.65%s$6,423/fn
  • Bank of China4.68%s$6,445/fn
  • AIA New Zealand4.99%$6,679/fn
  • ANZ Bank New Zealand4.99%s$6,679/fn
  • ASB Bank4.99%$6,679/fn
  • Bank of Baroda4.99%$6,679/fn
  • Police Credit Union4.99%$6,679/fn
  • TSB Bank4.99%s$6,679/fn
  • Unity Credit Union4.99%s$6,679/fn
  • Kiwibank5.15%s$6,801/fn
  • Bank of New Zealand5.19%$6,832/fn
  • SBS Bank5.19%s$6,832/fn
  • The Co-operative Bank5.19%s$6,832/fn
  • Westpac New Zealand5.19%s$6,832/fn
  • First Credit Union5.29%s$6,909/fn
  • Kookmin Bank Auckland Branch5.35%$6,955/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 32 Diamond Lane. 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

32 Diamond Lane as a rental

Rent estimate$1,115/wk$970–$1,280 · Little evidence
Gross yield1.7%$57,980 a year on $3.38m
Net yield1.2%After $19,021 of costs
Cash flow−$1,532/wk30% deposit, interest only at 5.02%
Line
Price Council valuation
Deposit
Interest rate 5.02% is today’s 1-year average
Rent a week our estimate $1,115
Property manager
Rent, 52 weeks$57,980
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$38,959
Interest $2,362,500 at 5.02%, interest only−$118,597
Cash flow before tax−$79,639
Cash flow a week−$1,532
Gross / net yield on the price1.7% / 1.2%
Return on equity cash flow on the deposit, before tax−7.9%
Loses money above this interest rate, before tax1.65%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 1.65%. That is -7.9% a year on a $1.01m deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area427 m²
  • Land area14,044 m²
  • Decade built2010s
  • Bedrooms4
  • Bathrooms3
  • Parking5 car spaces
  • ImprovementsBarn, 2 dwelling, freestanding garage, other improvements
  • Property categoryMulti-use within lifestyle
  • CouncilAuckland
  • Valuation #30904-00012657024
  • Valuation date1 May 2024
  • Rates this year, 2026/2027$8,763.31

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 number962447
  • Title typeFreeholdGuaranteedStandard registered title
  • Estate descriptionFee Simple, 1/1, Lot 1 Deposited Plan 554003, 14,044 m2
  • Legal descriptionLot 1 Deposited Plan 554003
  • Land area14,044 m²
  • Title issued8 Dec 2020
  • Land districtNorth Auckland
  • Addresses on this property2
Registered instruments3 registered instruments on this titleConsent Notice under s221(4)(a) Resource Management Act 1991 ×2 · Easement Instrument 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. 3 on this property · 5 land use or subdivision consents within 250 m.

On this property

  1. 2 Jul 2021
    Land use

    Proposed new minor dwelling

    LUC60381127 · Auckland
    Granted
  2. 16 Mar 2021
    Land use

    Consent to drill and construct a new bore into the Kumeu East Waitemata Aquifer for the take and use of groundwater for use in domestic purposes. The bore will have a depth of 200m, a diameter of 104mm, a PVC casing depth of 90m and grouting will be installed to a depth of 90m.

    LUC60374147 · Auckland
    Granted
  3. 31 Mar 2020
    Subdivision

    Consent to undertake a two (2) lot subdivision utilizing a Transferrable Rural Site Subdivision title from the amalgamation of two lots located on elite soils at 312 Urquhart Road, Papakura. The receiver site will be subdivided where Lot 1 will be 13461m2 (net) and Lot 2 will be 9037m2 (net). The donor sites to be amalgamated are 2.165 hectares for Lot 701 and 1.173 hectares for Lot 9, creating a new lot, that is 3.338 hectares

    SUB60360307 · Auckland
    Granted

Within 250 m

  1. 12 Feb 2024
    Land use

    The applicant proposes to construct a single storey principal dwelling and separate minor dwelling.

    LUC60428809 · Auckland
    242 mGranted
  2. 13 Mar 2023
    Land use

    The construction of a new water bore.

    LUC60416358 · Auckland
    179 mGranted
  3. 26 Nov 2021
    Land use

    New dwelling on vacant site in Riverhead. Infringements: NES FW, Minor Dwelling, EW, EW within 100m wetland, NC activity

    LUC60391516 · Auckland
    197 mGranted
  4. 27 Apr 2021
    Land use

    The applicant proposes to construct a new dwelling on the 9069m2 Rural – Countryside Living zoned site. The dwelling will be a five-bedrooms, a living area, a media room and an alfresco with internal garaging. The proposal requires earthworks totalling 1480m2 in area and 648.10m3 in volume for suitable building platforms outdoor living areas, drainage trenches and vehicle access. The proposed dwelling is located clear of overland flow paths at the rear of the site.

    LUC60376604 · Auckland
    95 mGranted
  5. 16 Feb 2020
    Land use

    To undertake earthworks, groundwater diversion and discharge as well as removal of pine trees to facilitate the construction of a new dwelling with a basement, accessory buildings level and associated access and servicing within the Rural – Countryside Living Zone

    LUC60353137 · Auckland
    179 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.

A mapped flood area comes close to this property, but not onto it.

  • Unitary Plan Base Zone

    On this property
    Over the whole section

    District plan zones as Auckland publishes them. What a site may be used for, and what may be built on it.

  • Flood plain

    Nearby
    22 m from the boundary

    Land the council models as under water in a 1-in-100-year storm, usually with an allowance for climate change.

  • Flood prone area

    Not mapped here
    Nearest 235 m away

    A low point where stormwater ponds if its outlet blocks or overflows.

  • Flood sensitive area

    Not mapped here
    Nearest 219 m away

    Land beside a flood plain that could flood if the model is out, or the storm is bigger.

  • Coastal inundation

    Not mapped here
    None within 250 m

    Land the sea reaches in a 1-in-100-year storm tide once sea level has risen by 1 m.

  • Special character area

    Not mapped here
    None within 250 m

    Streets whose built character is protected: demolition and new building are assessed against the area's existing form, whatever the zone allows.

  • Historic heritage place

    Not mapped here
    None within 250 m

    A scheduled historic place. Work on it, including demolition, needs consent against the heritage schedule.

  • Height variation control

    Not mapped here
    None within 250 m

    An explicit building height for this land, replacing the one its zone would give.

  • Volcanic viewshaft

    Not mapped here
    None within 250 m

    A protected view of a volcanic cone. Inside it, building height is capped at a fixed level above sea level to keep the cone visible.

  • Locally significant viewshaft

    Not mapped here
    None within 250 m

    A locally protected view of a cone, with its own height ceiling.

  • Museum viewshaft

    Not mapped here
    None within 250 m

    The protected view of the Auckland War Memorial Museum.

  • Ridgeline protection

    Not mapped here
    None within 250 m

    Skyline land where building height is controlled so the ridge stays a ridge.

  • Notable tree

    Not mapped here
    None within 250 m

    A scheduled tree. It may not be felled or topped without consent, which makes it a permanent part of the skyline.

  • Notable group of trees

    Not mapped here
    None within 250 m

    A scheduled stand of trees, protected as a group.

  • Precinct

    Not mapped here
    None within 250 m

    Local rules written for this area alone, which override the underlying zone where they differ.

Source: Auckland Council (CC BY 4.0)

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.

Auckland Council does not publish its contaminated sites records. A site contamination enquiry (a fee applies) or the LIM will say what it holds.

Ask Auckland 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 Riverhead

Auckland
1,803
Properties on the rating roll
1 May 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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Agents active in Riverhead

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

Independent
Victor CornagaBranch Manager
New Zealand PropertyOffice in this suburbView profile →
Independent
Jonathan HudsonSalesperson
New Zealand PropertyOffice in this suburbView profile →
Independent
Stephen HudsonBranch Manager
New Zealand PropertyOffice in this suburbView profile →
Independent
Echo McRaeAgent
Office in this suburbView profile →
Independent
Simon OsnerAgent
New Zealand PropertyOffice in this suburbView profile →
Independent
Maria SantayanaAgent
Goodhaus RealtyOffice in this suburbView profile →
Chelsea AllenSalesperson
Bayleys Real Estate CoatesvilleOffice 1.2 km awayView profile →
Paul ArundelSalesperson
Bayleys Real Estate CoatesvilleOffice 1.2 km awayView profile →
Paula BlaxallSalesperson
Bayleys Real Estate CoatesvilleOffice 1.2 km awayView profile →
Debbie ManningSalesperson
Bayleys Real Estate CoatesvilleOffice 1.2 km awayView profile →
Independent
Patricia DrakeSalesperson
Harcourts KumeuOffice 1.8 km awayView profile →
Independent
Mahesh PujalaSalesperson
Harcourts KumeuOffice 1.8 km awayView profile →
Who sold the most in Riverhead →
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