Negotiation
3 1 2
Beautifully Renovated Modern Entertainer!
59 Sherwill Street East, Feilding
Ray White Feilding
1 / 16
Unclaimed
32 Hobson Street, Feilding
Manawatu District
Offers Over $510,000
- 3
- 1
- 2
- 99m²
- 676 m²
- House
Great starter - fantastic garage
Located close to numerous schooling options, this tidy, well-maintained family home enjoys open plan kitchen/dining, a separate lounge and great garaging.
Featuring neutral decor throughout, three bedrooms and the family bathroom flow off the hallway with the master bedroom at the end. Two powerful heat pumps are paired with ceiling and underfloor insulation while a heat transfer system feeds through to the rest of the home. Great storage is easily accessible throughout the property while the separate laundry is located off the back porch.
A fabulous double garage with power, provides fantastic workshop space, a pit for car enthusiasts, plus plenty of storage for all of your extra hobbies and toys.
Situated super close to town with lots of off-street parking, this is the perfect spot for children and pets to grow. Call us today for your chance to call this place 'home'.
Added to OwnBetter 26 Oct 2026
OwnBetter estimate
$523k
Medium confidence
We estimate it would sell for $523,000 as at 5 October 2026, in a range of $470,000 to $595,000.
Typical home in Feilding
$575k
The median of our estimates of its 5,997 homes
$470kLow
$520kCouncil value
$523kEstimate
$595kHigh
How we worked this out
| Council valuation, Jul 2025 | $520,000 |
|---|---|
| Market movement in Manawatu District since the council valuation | ±0.0% |
| How Feilding sells against council values | −0.1% |
| Homes of this age in Feilding | −0.3% |
| Homes in this price range | +0.1% |
| Land as a share of the value | +0.6% |
| Nearby recent sales (15) | +0.6% |
| Its own sale in 2023 | −0.1% |
| Our estimate | $523,000 |
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.
Investor insights
32 Hobson Street as a rental
Rent estimate$550/wk$480–$630 · Little evidence
Gross yield5.5%$28,600 a year on $523k
Net yield4.5%After $5,060 of costs
Cash flow+$30/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $550 | ||
| Property manager | ||
| Rent, 52 weeks | $28,600 | |
| 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 | $23,540 | |
| Interest $366,100 at 6.00%, interest only | −$21,966 | |
| Cash flow before tax | +$1,574 | |
| Cash flow a week | +$30 | |
| Gross / net yield on the price | 5.5% / 4.5% | |
| Return on equity cash flow on the deposit, before tax | 1.0% | |
| Loses money above this interest rate, before tax | 6.43% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 6.43%. That is 1.0% a year on a $157k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area99 m²
- Land area676 m²
- Decade built1970s
- Bedrooms3
- Bathrooms1
- Parking2 car spaces
- Property categoryUse not published
- CouncilManawatu District
- Valuation #14081-40200
- Valuation date1 Jul 2025
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 numberWN24C/925
- Title typeFreehold
- Legal descriptionLot 2 Deposited Plan 19700
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
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What claiming gets you
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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.
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 Feilding
Manawatu District
7,002
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand
7 people looked at properties in Feilding 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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