Deadline Sale
3 1 2
Deadline sale Thu, 12 Nov
1970s Cool With a Fresh Feel
30 Kennedy Avenue, Feilding
Tremains
1 / 22
Unclaimed
34 Norrie Street, Feilding
Manawatu District
Asking Price $549,000
- 4
- 1
- 2
- 180m²
- 647 m²
- House
Room to Grow on Norrie Street
Offering 180m² of well-planned living, this split-level home is ideal for families looking for space, practicality and a great outdoor area. Step inside a welcoming entrance with plenty of storage. To the left, the open-plan kitchen/dining area provides a practical hub for everyday family life, complete with a new dishwasher and rangehood. The dining area opens via sliding doors to the patio, while a single door provides easy access through to the separate spacious lounge. Also located on this level are a separate laundry, separate toilet and family bathroom, complete with vanity, bath and shower.
Upstairs, you'll find 4 bedrooms — 3 generous doubles, each with built-in wardrobes, plus a single bedroom featuring a handy storage cupboard accessing the roof space. The double garage is conveniently positioned below the bedroom level, providing secure parking and additional storage.
The 647m2 fully fenced section is well suited to family life, with plenty of room for children to play, vegetable gardens, lemon tree, garden shed and driveway gates, adding to its practicality and appeal. Situated in a family-friendly area of Feilding and within walking distance to schooling & "take-away shop", we look forward to seeing you at the open home!
Open homes 1
Sun, 15 Nov12:45 pm – 1:15 pm
Added to OwnBetter 25 Oct 2026
OwnBetter estimate
$551k
Medium confidence
We estimate it would sell for $551,000 as at 5 October 2026, in a range of $471,000 to $627,000.
Typical home in Feilding
$575k
The median of our estimates of its 5,997 homes
$471kLow
$550kCouncil value
$551kEstimate
$627kHigh
How we worked this out
| Council valuation, Jul 2025 | $550,000 |
|---|---|
| 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 | −0.1% |
| Nearby recent sales (15) | +0.6% |
| Our estimate | $551,000 |
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 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.
Investor insights
34 Norrie Street as a rental
Rent estimate$565/wk$490–$650 · Little evidence
Gross yield5.3%$29,380 a year on $551k
Net yield4.4%After $5,198 of costs
Cash flow+$20/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $565 | ||
| Property manager | ||
| Rent, 52 weeks | $29,380 | |
| 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 | $24,182 | |
| Interest $385,700 at 6.00%, interest only | −$23,142 | |
| Cash flow before tax | +$1,040 | |
| Cash flow a week | +$20 | |
| Gross / net yield on the price | 5.3% / 4.4% | |
| Return on equity cash flow on the deposit, before tax | 0.6% | |
| Loses money above this interest rate, before tax | 6.27% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 6.27%. That is 0.6% a year on a $165k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area180 m²
- Land area647 m²
- Decade built1970s
- Bedrooms4
- Bathrooms1
- Parking2 car spaces
- Property categoryUse not published
- CouncilManawatu District
- Valuation #14071-16100
- 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 numberWN11C/1309
- Title typeFreehold
- Legal descriptionLot 5 Deposited Plan 35007
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.
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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.
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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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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