
Set-price new builds in the fastest-growing coastal towns north of Auckland, with a rental yield calculator to run the numbers yourself.
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A new investment property starts in a different position from an older rental already on the market: compliant before a tenant moves in, backed by a 10-year guarantee, and priced before you sign rather than negotiated after a building report turns something up.
We'd rather hand you two honestly labelled numbers than a made-up yield. Mangawhai's median sale price over the last twelve months is about $971,500, and median advertised rent sits around $650 a week across all property types and sizes. Those are two different measures from two different sources, sales data and rental listings, so they won't line up exactly and neither is a promise about any specific home.
A brand-new four bedroom home usually rents above that all-types median, because the average includes older, smaller and lower-spec stock. Talk to a local property manager for a rent appraisal on the actual address before you rely on any number, including ours.
Indicative only, not financial or tax advice. Price defaults to the Mahurangi 220 package in Mangawhai ($1,263,000); rent defaults to Mangawhai's median advertised rent ($650/wk, all property types, last 12 months). A new build usually rents above the all-types median, ask a local property manager for a rent appraisal on the specific home.
Indicative only, not lending advice, your bank sets the real rate and terms.



NZ's fastest-growing coastal community, 90 minutes from Auckland. The 130-hectare Mangawhai Central masterplan sits between the village and the surf beach: New World and Bunnings two minutes away, the school five, the beach ten, with parks, cycleways and an estuary pontoon threaded through.
MEDIAN AND RENT: REINZ AND LISTING DATA VIA REALESTATE.CO.NZ, ROLLING 12 MONTHS · VALUE GROWTH: ONEROOF-VALOCITY INDEX, JAN 2021 TO JAN 2026 · RENT IS ALL PROPERTY TYPES · READ JULY 2026
A new build gives a property manager less to explain to a tenant and less to fix before the first inspection. Healthy Homes compliance is already done, the extraction fans and heating work, and the finishes haven't been through a decade of tenancies. Most of our investor owners hand the keys straight to a local property manager and let them run the first appraisal and find a tenant from there.
Ask about a rent-ready handover →“We are thrilled with our new home built by Stroud Homes. The house is a beautiful Hamptons-style home that exudes charm and elegance. The quality of the build is excellent, and the finishes are top-notch, showcasing their attention to detail. Our neighborhood in Snells Beach is stunning and peaceful, making it the perfect place to call home.”
“As first home builders in our 70’s we had a very positive experience with our building contractors Stroud Homes Auckland North. Michael Rabey was our project Manager throughout and dealt with any enquiries promptly and effectively. Attention to detail was excellent and subcontractors were very efficient. We are very happy with our lovely new home and have no hesitation in recommending Stroud Homes Auckland North”
“Stroud Auckland North have been wonderful throughout the build process of my house. I found them honest and transparent, and very accommodating with my changing needs and some tricky situations. They even pre-empted an oversight by the council, so that it didn’t adversely affect me down the line.”
“What stands out in particular for us, is their honesty and ethical professional behaviour at all times. We have never felt pushed or pressured and would highly recommend them if you are considering building.”
“They really took the time to listen and understand what we wanted, and it shows in how much they care about how your family will actually live in the home. They are honest, considerate, and never pushy. I highly recommend them to anyone looking for a builder you can truly trust.”
“Brilliant show home! I built with Stroud and the attention to design and detail is equally represented here in the decor. I would recommend them to anyone considering a new build.”
It depends on the price you pay and the rent it achieves, so we won't guess a number for you. Use the rental yield calculator below, it starts from a real package price and the local median advertised rent where available, and you can change every number to your own.
Yes. A new build meets the Healthy Homes standards for insulation, heating, ventilation, moisture and drainage, and draught stopping from the day it's handed over, no retrofitting required.
Chattels depreciation can apply to a new build, covering items like carpet, appliances and window coverings separately from the building itself. This isn't tax advice, so talk to your accountant about what it means for your situation.
Yes, most of our Mangawhai owners live in Auckland already. We manage the build locally and keep you updated as it goes up, and a local property manager can take over the tenancy from handover so you're not driving north to deal with it.
Book a free site evaluation or call the local team. We'll talk through live packages in Mangawhai, Mangawhai Heads and Warkworth and what an investor typically needs to know before signing.
Leave your details and we'll call you back within one business hour, weekdays, no obligation.
Within one business hour on weekdays. A local from the Warkworth office, not a call centre.
Your section, your budget and the plans that fit. Straight answers, no sales script.
A written summary you can take to the bank. No obligation and no chasing afterwards.
“What stands out in particular for us, is their honesty and ethical professional behaviour at all times. We have never felt pushed or pressured and would highly recommend them if you are considering building.”
WE CALL BACK WITHIN ONE BUSINESS HOUR · NO OBLIGATION
“Tilda, Mike and the Stroud team have been amazing to work with over the years. They are loyal, hard working, smart and sell quality houses.”
“Really great experience to have connected with Stroud Homes Auckland North. From design to your dream home just come to Stroud Homes!”
“Called into the Warkworth show home and was absolutely amazed. What a stunning home. The barn door dividing the kitchen to entry is a wonderful feature.”
“I’ve had the pleasure of knowing Michael and Tilda Rabey ( owners of Stroud Homes, Warkworth) for over 15 years. I’ve known them both through the community circles for which they are well entrenched, connected, and support. When I was recently asked to landscape their new show home I got to meet the Stroud Warkworth team, and I’d have to say they’re a great team with high expectations in terms of workmanship, and they display strong ethics, and the quality of their houses are nothing but the best! In summary, if you’re looking for a building company to trust, I’d highly recommend Stroud Homes Warkworth.”
“Show home at 75a Woodcocks Road was a delight to look around, we were very impressed with the quality finishes and the friendly family Stroud team. Also the coffee and sausage sizzle was an added bonus! To date we are a few weeks in with our property build and have been impressed with hardworking and courteous work force on site. Many thanks to Mike Tilda Murray and family. Plus Dawn Project Manager and Quantity Surveyor and Team.”
“Nicely prsented”
“Fantastic quality & a great team.”
“Brilliant show home! I built with Stroud and the attention to design and detail is equally represented here in the decor. I would recommend them to anyone considering a new build.”
“I found visiting this home exceptional it was every thing I would love in a home .Beautiful!”
“Wonderful house very stylish”
“Stunning show home. Beautiful quality and lovely helpful staff.”
“Beautifully presented and use of space. Love it !”
“What an awesome property, let’s hope I win lotto tonight. Fab location as well. Karen ASB.”
“I have been in many of Stroud new build homes and really love all the thoughtful details and the planning. Trade quality is top notch too”
“Mike and Tilda at Stroud Homes have been absolutely fantastic to deal with. They really took the time to listen and understand what we wanted, and it shows in how much they care about how your family will actually live in the home. They guided us thoughtfully, always considering practicality and budget without compromising on quality. They’ve been incredibly patient throughout the process, went above and beyond to help us and it’s clear they genuinely care about their clients. Their communication has been excellent. They are honest, considerate, and never pushy. I highly recommend them to anyone looking for a builder you can truly trust. Genuinely good people and knowledgeable.”
“We are thrilled with our new home built by Stroud Homes. The house is a beautiful Hamptons-style home that exudes charm and elegance. The quality of the build is excellent, and the finishes are top-notch, showcasing their attention to detail. We especially love our Smeg appliances, which add a modern touch to the classic design. Our neighborhood in Snells Beach is stunning and peaceful, making it the perfect place to call home. Overall, we’re delighted with the end result and the high-quality craftsmanship from the build team.”
“Amazing to work with and such a high quality finish. Would highly recommend”
“Stroud Auckland North have been wonderful throughout the build process of my house. I found them honest and transparent, and very accommodating with my changing needs and some tricky situations. The only problems I had were related to the inevitable council and weather delays, and they went the extra mile to circumvent these, and make the build process smooth. They even pre-empted an oversight by the council, so that it didn't adversely affect me down the line. They were always available to address any questions or concerns, and I would recommend them unreservedly.”
“The team here led by Michael and Tilda are so professional and always very receptive and proactive.”
“Friendly staff who are big supporters of local business and local contractors!”
“Fantastic group of people and beautiful homes”
“Mike & Tilda of Stroud Homes Auckland North, Warkworth are people you would want to have build your home. I can personally vouch for their commitment and integrity. If you are looking for someone to build your home that has both the expertise and the heart to do so, they are the ones you are looking for. From their own experiences and ups and downs of life, they understand your dreams and will help you to apply these practically to an achieve that dream. You can trust them. Shari”
“Michael, Tilda and the Stroud Homes' team at Warkworth have been exceptionally helpful in working with us to explore the option of building a home. They have gone the extra mile in terms of listening to our wants and needs and finding options to meet these within a fixed budget. They have been patient in finding, providing and interpreting information and drawing draft plans for us. What stands out in particular for us, is their honesty and ethical professional behaviour at all times. We have never felt pushed or pressured and would highly recommend them if you are considering building.”
“Working with Tim and the Stroud Homes Auckland North team, to design our family home has been an absolute pleasure. Tim took the time to listen and truly understand what was important to our family, then presented options and ideas that were on point....and within budget. We are very confident and excited to be partnering with Stroud and look forward to our beautiful home taking shape.”
“We are very pleased with the service and care that Stroud Homes Auckland North provided throughout the process and now we start building our home! Tim has been very supportive of our journey and decision-making. We appreciated the patience and time that the team at Stroud Home have for us. Thank you for your wonderful service and we are looking forward to receiving the key to our dream home.”
“Stroud has absolutely been the best help in planning our new kitchen . We got really great advice and the attention to detail was impressive. Thankyou Stroud for making the whole process so easy and hassle free. I recommend Stroud Homes Auckland North for any building or renovation work needed. Warren & Chrissy Coop Warkworth”
“I have been on numerous home build sites with Michael over the past 10 years. His homes are always built to the highest standards, and I have watched Michael and his team consistently going the extra mile to deliver exceptional build quality and make sure the home owners requirements are met or exceeded. Put him to the test, and you will see he measures up! Steve Reynolds”
“Very impressed with the warm, friendly service. Stroud Homes are truly aware that this is my home not just a house.”