Title boundary · 669 m² · LINZ
Unclaimed

66 Aronui Road, Bridge Hill

Alexandra · Central Otago District

Last sold Sept 2026

OwnBetter estimate
$819k
Medium confidence

We estimate it would sell for $819,000 as at 5 October 2026, in a range of $701,000 to $932,000.

Typical home in Bridge Hill
$884k
The median of our estimates of its 466 homes
How we worked this out
Council valuation, Sept 2025$770,000
Market movement in Central Otago District since the council valuation+6.0%
Apartments and houses in Central Otago District+0.2%
How Bridge Hill sells against council values+0.4%
Homes of this age in Bridge Hill−0.3%
Land as a share of the value−0.2%
Nearby recent sales (15)+0.3%
Our estimate$819,000

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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What it costs to live here

Home expense estimates

—a month, all in

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

66 Aronui Road as a rental

Rent estimate$685/wk$600–$790 · Little evidence
Gross yield4.3%$35,620 a year on $819k
Net yield3.6%After $6,302 of costs
Cash flow−$98/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $685
Property manager
Rent, 52 weeks$35,620
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$29,318
Interest $573,300 at 6.00%, interest only−$34,398
Cash flow before tax−$5,080
Cash flow a week−$98
Gross / net yield on the price4.3% / 3.6%
Return on equity cash flow on the deposit, before tax−2.1%
Loses money above this interest rate, before tax5.11%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.11%. That is -2.1% a year on a $246k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area210 m²
  • Decade built1980s
  • Bedrooms3
  • Bathrooms1
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilCentral Otago District
  • Valuation #28541-23900
  • Valuation date1 Sep 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 numberOT6D/838
  • Title typeFreehold
  • Estate descriptionFee Simple, 1/1, Lot 12 Deposited Plan 15849, 667 m2
  • Legal descriptionLot 12 Deposited Plan 15849
  • Land area669 m²
  • Title issued7 Oct 1976
  • Land districtOtago
Registered instruments2 registered instruments on this titleTransfer · Transfer and Grant of Easement Only routine instruments registered 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

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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 · 9 land use or subdivision consents within 250 m.

Within 250 m

  1. 30 Oct 2024
    Land use

    Land Use Consent - Breaches of 4.5m front yard boundary, 1.8m internal yard setback and height to boundary in Low Density Residential Zone.

    240264 · Central Otago District
    241 mGranted
  2. 16 Jul 2024
    Land use

    Variation of consent to extend lapse date on RC200050 by five years ending 20 March 2030.

    200050V3 · Central Otago District
    179 mGranted
  3. 13 Mar 2024
    Land use

    Land Use Consent for Alterations and Additions to Existing Dwelling. New Garage is within the Building offset and Earthworks more than 1.0m deep in a Residential Resource Area (Sloping Site).

    240051 · Central Otago District
    122 mGranted
  4. 11 May 2023
    Subdivision

    Subdivision consent for two lot subdivision from one record of title in a residential resource area

    230132 · Central Otago District
    133 mGranted
  5. 5 Jan 2022
    Land use

    Change to Condition 1 of RC200050 for residential activity in the Residential Resource Area that breaches yard standards for a site adjacent to a lake

    200050V1 · Central Otago District
    179 mGranted
  6. 14 May 2020
    Land use

    Change to Condition (3) of RC200033

    200149 · Central Otago District
    174 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 Bridge Hill

Central Otago District
511
Properties on the rating roll
1 Sep 2025
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.

The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.

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