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Unclaimed

102 Cora Place, Thames

Thames-Coromandel District

$695,000

  • 4
  • 2
  • 2
  • 1,118 m²
  • House

Sun and space in a family-friendly setting.

Looking for a home with room for the family, plenty of sunshine and the opportunity to add your own style? 102 Cora Place is well worth a look.

Spread over two levels, this character-filled home offers four bedrooms, two upstairs and two downstairs, providing flexibility for growing families, teenagers, guests or those needing extra space to work from home.

Upstairs, pitched ceilings with exposed timber beams add a distinctive touch, with the two bedrooms sharing a conveniently arranged bathroom with direct access from each room. Downstairs, open-plan living brings the family together with a functional kitchen and dining area opening through ranch sliders to a sunny patio. The adjoining lounge enjoys its own ranch slider access to a deck, creating easy indoor-outdoor flow and inviting you to make the most of the elevated outlook and north-west orientation.

With sunshine throughout the day and pleasant local views, this is a home with a naturally appealing setting. The sloping, predominantly lawned section offers space for children to play, along with scope to introduce your own landscaping ideas over time.

Practical features include a large family bathroom downstairs, a separate double garage with driveway access, and additional rear access via a shared right of way to a parking platform, ideal for a boat, campervan or extra vehicle.

Recently re-carpeted, the home is ready for its next chapter. While some interior décor shows signs of wear and tear, this presents an opportunity for a new owner to refresh and modernise at their own pace, adding value and personal touches without necessarily taking on a major renovation.

A little different, full of possibilities and ready for its next family, 102 Cora Place could be the opportunity you've been waiting for.

OwnBetter estimate
$663k
Medium confidence

We estimate it would sell for $663,000 as at 5 October 2026, in a range of $596,000 to $755,000.

Typical home in Thames
$651k
The median of our estimates of its 2,896 homes
How we worked this out
Council valuation, Jul 2023$660,000
Market movement in Thames-Coromandel District since the council valuation+0.2%
How Thames sells against council values−1.2%
Homes of this age in Thames−0.8%
Homes in this price range+0.4%
Land as a share of the value+0.3%
Nearby recent sales (15)+0.7%
Its own sale in 2014+1.0%
Our estimate$663,000

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 and its own last sale 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

—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

102 Cora Place as a rental

Rent estimate$595/wk$520–$690 · Little evidence
Gross yield4.7%$30,940 a year on $663k
Net yield3.8%After $5,474 of costs
Cash flow−$46/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $595
Property manager
Rent, 52 weeks$30,940
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$25,466
Interest $464,100 at 6.00%, interest only−$27,846
Cash flow before tax−$2,380
Cash flow a week−$46
Gross / net yield on the price4.7% / 3.8%
Return on equity cash flow on the deposit, before tax−1.2%
Loses money above this interest rate, before tax5.49%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.49%. That is -1.2% a year on a $199k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area154 m²
  • Land area1,118 m²
  • Decade built1990s
  • Bedrooms4
  • Bathrooms2
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilThames-Coromandel District
  • Valuation #4900-31000
  • 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 numberSA38C/447
  • Title typeFreehold
  • Legal descriptionLot 19 Deposited Plan South Auckland 42232
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

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Zoning and hazards

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About Thames

Thames-Coromandel District
3,686
Properties on the rating roll
1 Jul 2023
Last council revaluation
Buyer demand

6 people looked at properties in Thames 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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