Finding a picture…
Estimate $982k – $1.52m
4
519 Springvale Road, Springvale
Title boundary · 34,342 m² · LINZ
Unclaimed
661 Springvale Road, Springvale
Alexandra · Central Otago District
Rent estimate · 14 Oct 2026
$740 – $980/week
Most likely about $855 a week · Little evidence: a rough guide
Estimated rental yield
3.5%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $855 × 52 weeks = $44,460, against our estimate of $1,260,000. 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 | $1,111 | 0% |
| From its value what rentals in the area typically yield | $854 | 100% |
We read this property as a house with 6 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 | $1,111 | Oct 2026 | 6.0 km |
These are computer-generated guides only, not a rental appraisal.
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
661 Springvale Road as a rental
Rent estimate$855/wk$740–$980 · Little evidence
Gross yield3.7%$44,460 a year on $1.19m
Net yield3.1%After $7,866 of costs
Cash flow−$257/wk30% deposit, interest only at 6.00%
| Rent, 52 weeks | $44,460 |
|---|---|
| Empty between tenants 2 weeks | −$1,710 |
| Property management 9.2% incl. GST | −$3,933 |
| Maintenance 5% of rent | −$2,223 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $36,594 |
| Interest $833,000 at 6.00%, interest only | −$49,980 |
| Cash flow before tax | −$13,386 |
The rent covers the interest at rates up to 4.39%. That is -3.7% a year on a $357k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area252 m²
- Decade built2000s
- Bedrooms6
- Bathrooms2
- Parking7 car spaces
- Property categoryUse not published
- CouncilCentral Otago District
- Valuation #28462-6002
- 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 number172192
- Title typeFreehold
- Land area34,300 m²
Instruments on this title0 registered instruments 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. None on this property · 2 land use or subdivision consents within 250 m.
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
Nobody is tracking this property yet
If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.
Free. Takes about a minute.
We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
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
388
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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Free for property owners
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