Title boundary · 1,226 m² · LINZ
Unclaimed

393D State Highway 33, Mourea

Rotorua · Rotorua District

Last sold Aug 2017

What you’ll love about this place

  • Waterfront: the land runs down to a river

From LINZ's topographic maps: how near the land comes to the water's edge.

OwnBetter estimate
$688k
Low confidence

We estimate it would sell for $688,000 as at 5 October 2026, in a range of $566,000 to $839,000.

Typical home in Mourea
$596k
The median of our estimates of its 141 homes
How we worked this out
Council valuation, Jul 2023$670,000
Market movement in Rotorua District since the council valuation+6.2%
Apartments and houses in Rotorua District−0.1%
How Mourea sells against council values−1.9%
Homes of this age in Mourea−0.2%
Homes in this price range−0.9%
Land as a share of the value+0.4%
Nearby recent sales (6)−0.6%
Our estimate$688,000

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
$2,794a 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 393D State Highway 33

Every rate from 36 lenders →
Estimated repayments
$1,289
$552,000 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 $133 less a fortnight — about $3,464 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$1,289/fn
  • ICBC4.65%s$1,313/fn
  • Bank of China4.68%s$1,318/fn
  • AIA New Zealand4.99%$1,365/fn
  • ANZ Bank New Zealand4.99%s$1,365/fn
  • ASB Bank4.99%$1,365/fn
  • Bank of Baroda4.99%$1,365/fn
  • Police Credit Union4.99%$1,365/fn
  • TSB Bank4.99%s$1,365/fn
  • Unity Credit Union4.99%s$1,365/fn
  • Kiwibank5.15%s$1,390/fn
  • Bank of New Zealand5.19%$1,397/fn
  • SBS Bank5.19%s$1,397/fn
  • The Co-operative Bank5.19%s$1,397/fn
  • Westpac New Zealand5.19%s$1,397/fn
  • First Credit Union5.29%s$1,412/fn
  • Kookmin Bank Auckland Branch5.35%$1,422/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 393D State Highway 33. 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

393D State Highway 33 as a rental

Rent estimate$630/wk$550–$730 · Little evidence
Gross yield4.8%$32,760 a year on $688k
Net yield3.9%After $5,796 of costs
Cash flow+$54/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 $630
Property manager
Rent, 52 weeks$32,760
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$26,964
Interest $481,600 at 5.02%, interest only−$24,176
Cash flow before tax+$2,788
Cash flow a week+$54
Gross / net yield on the price4.8% / 3.9%
Return on equity cash flow on the deposit, before tax1.4%
Loses money above this interest rate, before tax5.60%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.60%. That is 1.4% a year on a $206k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area119 m²
  • Decade built1950s
  • Bedrooms3
  • Bathrooms1
  • Parking4 car spaces
  • Property categoryUse not published
  • CouncilRotorua District
  • Valuation #6961-11300
  • Valuation date1 Jul 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 numberSA54C/390
  • Title typeFreeholdGuaranteedStandard registered title
  • Estate descriptionFee Simple, 1/1, Mourea Papakainga 3E14A2A5 Block Maori Land Plan 21241, 1,239 m2
  • Legal descriptionMourea Papakainga 3E14A2A5 Block Maori Land Plan 21241
  • Land area1,226 m²
  • Title issued20 May 1994
  • Land districtSouth Auckland
Registered instruments1 registered instrument on this titleMortgage 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 · 5 land use or subdivision consents within 250 m.

Within 250 m

  1. 7 Aug 2020
    Land use

    Construct a garage 1100mm from two adjoining rear site boundaries.

    17149* · Rotorua Lakes District
    157 mGranted
  2. 10 Oct 2018
    Land use

    To change the location of the food cart because of traffic flow and onsite parking.

    15584*02 · Rotorua Lakes District
    173 mGranted
  3. 31 Jul 2018
    Land use

    installing a cold water bore, well testing and the discharge of drilling fluid to land

    RM18-0451-LC.01 · Bay of Plenty Regional
    181 mGranted
  4. 22 Nov 2017
    Land use

    Variation to combine a food truck with a convenience retail shop

    15584*01 · Rotorua Lakes District
    173 mGranted
  5. 12 Jul 2016
    Land use

    Establish a convenience retail shop (dairy).

    15584* · Rotorua Lakes District
    173 mGranted

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

Unclaimed
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1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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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 Rotorua 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.

Bay of Plenty Regional Council will send what it holds on a listed site on request.

Ask Bay of Plenty 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 Mourea

Rotorua District
262
Properties on the rating roll
1 Jul 2023
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.

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