Finding a picture…
Estimate $162k – $240k
, Ōkārito
Title boundary · 541 m² · LINZ
Unclaimed
41 The Strand, Ōkārito
Whataroa · Westland District
Last sold Jun 2025
OwnBetter estimate
$136k
Medium confidence
We estimate it would sell for $136,000 as at 5 October 2026, in a range of $119,000 to $164,000.
Typical home in Ōkārito
$395k
The median of our estimates of its 95 homes
$119kLow
$120kCouncil value
$136kEstimate
$164kHigh
How we worked this out
| Council valuation, Sept 2023 | $120,000 |
|---|---|
| Market movement in Westland District since the council valuation | +22.6% |
| Apartments and houses in Westland District | +0.3% |
| How Ōkārito sells against council values | +2.0% |
| Homes of this age in Ōkārito | −0.6% |
| Homes in this price range | +4.5% |
| Land as a share of the value | +0.9% |
| Nearby recent sales (3) | +0.1% |
| Its own sale in 2025 | −13.7% |
| Our estimate | $136,000 |
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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Sign in for the free reportHome 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.
Home loan
Every rate from 36 lenders →What it would cost to buy 41 The Strand
Estimated repayments
$252
$108,000 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 · specialAverage5.03%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $26 less a fortnight — about $678 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$252/fn
ICBC4.65%s$257/fn
Bank of China4.68%s$258/fn
AIA New Zealand4.99%$267/fn
ANZ Bank New Zealand4.99%s$267/fn
ASB Bank4.99%$267/fn
Bank of Baroda4.99%$267/fn
Police Credit Union4.99%$267/fn
Unity Credit Union4.99%s$267/fn
Kiwibank5.15%s$272/fn
Bank of New Zealand5.19%$273/fn
SBS Bank5.19%s$273/fn
The Co-operative Bank5.19%s$273/fn
TSB Bank5.19%s$273/fn
Westpac New Zealand5.19%s$273/fn
First Credit Union5.29%s$276/fn- Kookmin Bank Auckland Branch5.35%$278/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 41 The Strand. 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
41 The Strand as a rental
Rent estimate$410/wk$350–$470 · Little evidence
Gross yield15.7%$21,320 a year on $136k
Net yield12.9%After $3,772 of costs
Cash flow+$245/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $21,320 |
|---|---|
| Empty between tenants 2 weeks | −$820 |
| Property management 9.2% incl. GST | −$1,886 |
| Maintenance 5% of rent | −$1,066 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $17,548 |
| Interest $95,200 at 5.03%, interest only | −$4,789 |
| Cash flow before tax | +$12,759 |
The rent covers the interest at rates up to 18.43%. That is 31.3% a year on a $41k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area43 m²
- Decade built1910s
- Bedrooms1
- Bathrooms1
- Parking2 car spaces
- Property categoryUse not published
- CouncilWestland District
- Valuation #25800-40401
- Valuation date1 Sep 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 numberWS8C/146
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 1 Deposited Plan 3490, 540 m2
- Land area541 m²
- Title issued5 Jun 1997
- Land districtWestland
Instruments on this title0 registered instruments 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 · 4 land use or subdivision consents within 250 m.
Within 250 m
- 8 Jul 2021Land use
To retrospectively formalise the construction of a Non-Complying oversized accessory building within the Coastal Settlement Zone on land legally described as Section 372 Town of Okarito, 11 The Parade.
210062 · Westland District188 mGranted - 7 Apr 2021Land use
To undertake a variation of Resource Consent 140027 to use land, described as RS 3710, 6690 and Section 383 Town of Okarito, to extend a dwelling within three metre of the road boundary, and to operate 7 commercial accommodation units, along with a communal building, at 2 The Strand, Okarito as submitted in plans received March 6, 2014.
210025 · Westland District241 mGranted - 20 Jun 2019Land use
to construct an accessory building within the front yard setback on land legally described as Section 380-381 Town of Okarito, 8 Russell street, Okarito
190029 · Westland District129 mGranted - 12 Apr 2016Land use
to use land described as Lot 1 and Lot 2 DP 404913 at 15 and 17 Victoria Street, Okarito, for residential purposes including a dwelling and accessory buildings on both allotments. This consent includes setback reductions for all yard on both of the allotments as well as modification within 25 metres of a schedule 2 wetland as submitted in an application and plans received 11th April 2016.
160028 · Westland District171 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
Nobody is tracking this property yet
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What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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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.
We do not hold flood maps for Westland 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.
West Coast Regional Council does not publish its register. Ask it, quoting the address, and check the district council's property file.
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 Ōkārito
Westland District
115
Properties on the rating roll
1 Sep 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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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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