
107 Coromandel Street, Thames
Thames-Coromandel District
$595,000
- 3
- 1
- 97m²
- 441 m²
- House
- 1 Lounge
- 1 Dining room
- Separate toilet
- Sleep-out
- Boat parking
- Deck / patio
- Outdoor entertaining
- Garden shed
- Heat pump
- Fencing
- Partially Fenced
- Views
- Local
- Aspect
- Northerly, Westerly
- Insulation
- Ceiling, Floor, Walls
- Roof
- Iron
- Exterior
- Weatherboard Timber
- Flooring
- Carpet, Vinyl
- Hot water
- Electric, Wetback
- Water supply
- Town
- Sewage
- Mains
Home with Heart, Charm & Potential
A home with plenty of character and lots of opportunity to make it your own!
From the moment you walk in, there's a really comfortable, easy-going feel here. It's a home you can move into as it is, enjoy from day one, and then take your time making changes as you go.
With three bedrooms and two WCs, the practical side is already taken care of. There's plenty of space for everyday living, whether you're starting, downsizing, or looking for a home that gives you a little room to grow.
The living area is warm and inviting, with both a heat pump and a closed fireplace - perfect for those cooler Thames evenings when you want to put your feet up and enjoy being at home. The modern kitchen flows into the dining area, creating a space that's perfect for gathering.
Outside, a manageable section of approximately 441sqm, giving you some great outdoor space without spending every weekend mowing and maintaining it. There's also plenty of opportunity to add your own touches and create an outdoor space that suits you.
And for the renovators out there, this is where things get exciting. There's plenty of scope to modernise, add your own style and make some changes over time to create a home that really works for you.
The location is another big tick - close to Thames township and everything you need, while still having that Coromandel lifestyle right on your doorstep. Whether it's a quick trip into town or heading out to explore the coast, you're well placed to enjoy the best of both.
So, whether you're looking for your first home, a place to put your own stamp on, or a property with a little project potential, this one could be for you.
Contact Nicola or Tahlia today to arrange a viewing.
We estimate it would sell for $562,000 as at 5 October 2026, in a range of $504,000 to $639,000.
How we worked this out
| Council valuation, Jul 2023 | $540,000 |
|---|---|
| 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 | −0.6% |
| Homes in this price range | +0.6% |
| Land as a share of the value | +0.3% |
| Nearby recent sales (15) | +0.8% |
| Its own sale in 2022 | +3.8% |
| Our estimate | $562,000 |
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.
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
Home 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.
107 Coromandel Street as a rental
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $570 | ||
| Property manager | ||
| Rent, 52 weeks | $29,640 | |
| 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 | $24,396 | |
| Interest $393,400 at 6.00%, interest only | −$23,604 | |
| Cash flow before tax | +$792 | |
| Cash flow a week | +$15 | |
| Gross / net yield on the price | 5.3% / 4.3% | |
| Return on equity cash flow on the deposit, before tax | 0.5% | |
| Loses money above this interest rate, before tax | 6.20% | |
The rent covers the interest at rates up to 6.20%. That is 0.5% a year on a $169k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area97 m²
- Land area441 m²
- Decade built1940s
- Bedrooms3
- Bathrooms1
- Property categoryUse not published
- CouncilThames-Coromandel District
- Valuation #4920-48004
- 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 numberSA51D/833
- Title typeFreehold
- Legal descriptionLot 5 Deposited Plan South Auckland 64408
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
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.
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.
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.
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 Thames
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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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
Claim it, then find everything else you own.
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