Estimate $1.99m – $2.52m
4
59 McCallum Drive, Sandspit
Title boundary · 8,138 m² · LINZ
Unclaimed
58 McCallum Drive, Sandspit
Warkworth · Auckland
Last sold Oct 2016
OwnBetter estimate
$2.28m
Medium confidence
We estimate it would sell for $2,280,000 as at 5 October 2026, in a range of $2,050,000 to $2,590,000.
Typical home in Sandspit
$1.65m
The median of our estimates of its 241 homes
$2.05mLow
$2.28mEstimate
$2.48mCouncil value
$2.59mHigh
How we worked this out
| Council valuation, May 2024 | $2,475,000 |
|---|---|
| Market movement in Auckland since the council valuation | −4.8% |
| Apartments and houses in Auckland | +0.1% |
| How Sandspit sells against council values | +1.0% |
| Homes of this age in Sandspit | −0.8% |
| Homes in this price range | −1.3% |
| Land as a share of the value | −0.7% |
| Nearby recent sales (15) | −0.1% |
| Its own sale in 2016 | −1.4% |
| Our estimate | $2,280,000 |
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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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
Every rate from 36 lenders →What it would cost to buy 58 McCallum Drive
Estimated repayments
$4,258
$1,824,000 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
CCB · specialAverage5.02%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $440 less a fortnight — about $11,446 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$4,258/fn
ICBC4.65%s$4,339/fn
Bank of China4.68%s$4,354/fn
AIA New Zealand4.99%$4,512/fn
ANZ Bank New Zealand4.99%s$4,512/fn
ASB Bank4.99%$4,512/fn
Bank of Baroda4.99%$4,512/fn
Police Credit Union4.99%$4,512/fn
TSB Bank4.99%s$4,512/fn
Unity Credit Union4.99%s$4,512/fn
Kiwibank5.15%s$4,594/fn
Bank of New Zealand5.19%$4,615/fn
SBS Bank5.19%s$4,615/fn
The Co-operative Bank5.19%s$4,615/fn
Westpac New Zealand5.19%s$4,615/fn
First Credit Union5.29%s$4,667/fn- Kookmin Bank Auckland Branch5.35%$4,699/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 58 McCallum Drive. 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
58 McCallum Drive as a rental
Rent estimate$1,115/wk$970–$1,280 · Little evidence
Gross yield2.5%$57,980 a year on $2.28m
Net yield2.1%After $10,258 of costs
Cash flow−$623/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 $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 | $47,722 | |
| Interest $1,596,000 at 5.02%, interest only | −$80,119 | |
| Cash flow before tax | −$32,397 | |
| Cash flow a week | −$623 | |
| Gross / net yield on the price | 2.5% / 2.1% | |
| Return on equity cash flow on the deposit, before tax | −4.7% | |
| Loses money above this interest rate, before tax | 2.99% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 2.99%. That is -4.7% a year on a $684k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area309 m²
- Decade built2000s
- Bedrooms3
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilAuckland
- Valuation #00905-00000035006
- Valuation date1 May 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 number97122
- Title typeFreehold
- Legal descriptionLot 1 Deposited Plan 324035
- Land area8,137 m²
Registered instruments0 registered instruments on this title 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
Bus stop
Governor Grey Road
20 min walk · 1191 m · 10 a day
996MEX
Stops: Auckland TransportWalk times estimated, not routed
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 · 2 land use or subdivision consents within 250 m.
On this property
- 17 Aug 2021Deemed permitted boundary activity
Proposed 3.6m x 6m Garden shed which will encroach the 6m side yard control by 4.9m at the eastern boundary. - Open BCO10331052
BPA70019490 · AucklandIssued - 9 Jun 2020Land use
Consent to construct a bore to enable water take for domestic use and stock drinking purposes
LUC60358412 · AucklandGranted - 5 Jul 2018Deemed permitted boundary activity
Consent to make additions to an existing dwelling
BPA70013794 · AucklandIssued
Within 250 m
- 13 Dec 2020Land use
To construct internal alterations to the existing double garage into a bedroom and ensuite bathroom within the subject site of 20 McCallum Drive, Sandspit.
LUC60369352 · Auckland202 mGranted - 28 Apr 2016Land use
To construct a 96m2 shed and establish a building platform in the south of the site at 54 McCallum Drive, Sandspit. A volume of earthworks, including 625m3 of cut and 550m3 of fill over an area of 380m2 is required to establish the proposed building platform. 75m3 of excess material will be removed from the site and deposited in a clean fill. The colours proposed for the shed include Karaka Green for the roof and Mist Green for the walls.
LAN-67311 · Auckland86 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.
The hazard maps could not be read just now.
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 Sandspit
Auckland
261
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. 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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Agents active in Sandspit
People whose office is within 5 km of Sandspit, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Ray White
Carol ChristySalesperson
Ray White
Michael FayAgent
Independent
Rodney CheesemanSalesperson
Independent
Anna HislopSalesperson
Tania BennettSalesperson
Thomas DonaldsonSalesperson
Sylvia GravesSalesperson
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Simranjeet SinghSalesperson
Belinda SweetmanSalesperson
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Terrence BanksAgent
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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