Aerial · LINZ aerial
Title boundary · 422 m² · LINZ
Unclaimed

67 Theodore Drive, Ruakākā

Whangarei District

$799,000

  • 3
  • 2
  • 1
  • 422 m²
  • House

Affordable luxury - Marsden Central gem

Stylish design without blowing the budget.

Low-maintenance living doesn't get much better than this!

An ideal option for active retirees, downsizers, or anyone wanting to enjoy more time at home without the burden of ongoing maintenance. Spend less time on upkeep and more time enjoying your hobbies, getting outdoors and exploring everything this wonderful coastal lifestyle has to offer.

Located within the exciting new development of Marsden Central, this is a great opportunity to be a part of something with a very bright future. With the beautiful Bream Bay lifestyle and an exciting new community taking shape around you, there's plenty to look forward to.

We can't wait to show you through.

For more information on Marsden Central please see the following link https://marsden.co.nz/

OwnBetter estimate
$740k
Low confidence

We estimate it would sell for $740,000 as at 5 October 2026, in a range of $608,000 to $902,000.

Typical home in Ruakākā
$765k
The median of our estimates of its 1,663 homes
How we worked this out
Council valuation, Jul 2024$780,000
Market movement in Whangarei District since the council valuation−4.1%
How Ruakākā sells against council values−0.9%
Homes of this age in Ruakākā+0.7%
Homes in this price range−0.1%
Land as a share of the value−0.8%
Nearby recent sales (4)+0.1%
Our estimate$740,000

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
Thinking of buying?Free pre-purchase running cost report Mortgage repayments, this year’s council rates, and estimates for insurance, electricity, gas and internet at this address — saved to your watchlist.
Sign in for the free report
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

67 Theodore Drive as a rental

Rent estimate$655/wk$570–$750 · Little evidence
Gross yield4.6%$34,060 a year on $740k
Net yield3.8%After $6,026 of costs
Cash flow−$59/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $655
Property manager
Rent, 52 weeks$34,060
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$28,034
Interest $518,000 at 6.00%, interest only−$31,080
Cash flow before tax−$3,046
Cash flow a week−$59
Gross / net yield on the price4.6% / 3.8%
Return on equity cash flow on the deposit, before tax−1.4%
Loses money above this interest rate, before tax5.41%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.41%. That is -1.4% a year on a $222k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area156 m²
  • Land area422 m²
  • Decade built2020s
  • Bedrooms3
  • Parking1 car space
  • Property categoryUse not published
  • CouncilWhangarei District
  • Valuation #290-6883
  • Valuation date1 Jul 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 number1190388
  • Title typeFreehold
  • Legal descriptionLot 41 Deposited Plan 605835
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.

Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

Unclaimed
Nobody is tracking this property yet

If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.

Free. Takes about a minute.

We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.

What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
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.

Reading the council's maps…

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 Ruakākā

Whangarei District
2,181
Properties on the rating roll
1 Jul 2024
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.

Like Ruakākā?

Find your perfect home

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

Free for property owners

Claim it, then find everything else you own.

A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.

Find all my properties