Finding a picture…
Estimate $1.42m – $2.19m
19 Brassknocker Road, Springvale
Title boundary · 52,224 m² · LINZ
Unclaimed
199-209 Springvale Road, Springvale
Alexandra · Central Otago District
Last sold Sept 2020
Rent estimate · 17 Oct 2026
$910 – $1,210/week
Most likely about $1,050 a week · Little evidence: a rough guide
Estimated rental yield
2.9%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $1,050 × 52 weeks = $54,600, against the council valuation of $1,900,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.
How we worked this out
| Evidence | Points to | Counted |
|---|---|---|
| 1 rental advertised nearby each adjusted to this property’s bedrooms and value | $1,365 | 0% |
| From its value what rentals in the area typically yield | $1,048 | 100% |
We read this property as a house with 5 bedrooms. Rentals advertised nearby count most when they are close, recent and alike; the more of them there are, the less the area’s bond figures count. Bond figures are rents agreed in new tenancies, from Tenancy Services, placed within the area by how this property’s council valuation compares with similar homes there.
Rentals it leaned on
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 6 Kenmare Streetrealestate.co.nz ↗ | 3 | $650 | $1,365 | Oct 2026 | 6.3 km |
These are computer-generated guides only, not a rental appraisal.
My notes
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Thinking of buying?Free pre-purchase running cost report Mortgage repayments, this year’s council rates, and estimates for insurance, electricity, gas and internet at this address — saved to your watchlist.
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 199-209 Springvale Road
Estimated repayments
$3,549
$1,520,000 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 $367 less a fortnight — about $9,538 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$3,549/fn
ICBC4.65%s$3,616/fn
Bank of China4.68%s$3,628/fn
AIA New Zealand4.99%$3,760/fn
ANZ Bank New Zealand4.99%s$3,760/fn
ASB Bank4.99%$3,760/fn
Bank of Baroda4.99%$3,760/fn
Police Credit Union4.99%$3,760/fn
Unity Credit Union4.99%s$3,760/fn
Kiwibank5.15%s$3,829/fn
Bank of New Zealand5.19%$3,846/fn
SBS Bank5.19%s$3,846/fn
The Co-operative Bank5.19%s$3,846/fn
TSB Bank5.19%s$3,846/fn
Westpac New Zealand5.19%s$3,846/fn
First Credit Union5.29%s$3,889/fn- Kookmin Bank Auckland Branch5.35%$3,916/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 199-209 Springvale Road. 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
199-209 Springvale Road as a rental
Rent estimate$1,050/wk$910–$1,210 · Little evidence
Gross yield2.9%$54,600 a year on $1.9m
Net yield2.4%After $9,660 of costs
Cash flow−$422/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $54,600 |
|---|---|
| Empty between tenants 2 weeks | −$2,100 |
| Property management 9.2% incl. GST | −$4,830 |
| Maintenance 5% of rent | −$2,730 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $44,940 |
| Interest $1,330,000 at 5.03%, interest only | −$66,899 |
| Cash flow before tax | −$21,959 |
The rent covers the interest at rates up to 3.38%. That is -3.9% a year on a $570k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area377 m²
- Decade built2020s
- Bedrooms5
- Bathrooms3
- Parking2 car spaces
- Property categoryUse not published
- CouncilCentral Otago District
- Valuation #28462-34300
- 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 and land
Order a title record- Title numberOT6A/57
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 7 Deposited Plan 15278, 53,650 m2
- Legal descriptionLot 7 Deposited Plan 15278
- Land area52,224 m²
- Title issued26 Sep 1974
- Land districtOtago
- Addresses on this property2
Instruments on this title3 registered instrumentsTransfer and Grant of Easement ×3 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. 2 on this property · 5 land use or subdivision consents within 250 m.
On this property
- 3 Aug 2018Land use
Land use consent to establish an additional residential activity on an existing title in rural resource area
180325 · Central Otago DistrictGranted - 23 Jul 2018Granted
Within 250 m
- 30 Apr 2025Land use
Land use consent to construct additions to the existing residential dwelling, including an extension and non-compliant paint colour, in the rural residential resource area
250104 · Central Otago District170 mGranted - 15 May 2023Land use
Land use consent to establish a dwelling in the rural resource area.
230138 · Central Otago District238 mGranted - 17 Dec 2021Land use
Land use consent to erect an accessory building which results in a breach of the front yard setbacks in the Rural Resource Area
210492 · Central Otago District222 mGranted - 26 Oct 2021238 mGranted
- 11 Sep 2020170 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 Central Otago 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.
Otago Regional Council will say more about a listed site on request; quote its HAIL number.
Ask Otago Regional CouncilWhat 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 Springvale
Central Otago District
392
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. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.
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Agents active in Springvale
People whose office is within 5 km of Springvale, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Matthew ChisholmSalesperson
Michael DireenBranch Manager
Independent
Helen FlintoffSalesperson
Geoffrey BeckleySalesperson
Isobel MarshallSalesperson
Carol StaffordSalesperson
Justine WaldronSalesperson
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Wayne GrahamAgent
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