Estimate $732k – $928k
4
6 Elmwood Grove, Tinwald
Title boundary · 1,017 m² · LINZ
Unclaimed
57 Tarbottons Road, Tinwald
Ashburton · Ashburton District
Rent estimate · 20 Oct 2026
$610 – $810/week
Most likely about $700 a week · Little evidence: a rough guide
Estimated rental yield
4.3%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $700 × 52 weeks = $36,400, against our estimate of $851,000. 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 |
|---|---|---|
| From its value what rentals in the area typically yield | $702 | 100% |
We read this property as a house with 4 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.
These are computer-generated guides only, not a rental appraisal.
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
57 Tarbottons Road as a rental
Rent estimate$700/wk$610–$810 · Little evidence
Gross yield4.6%$36,400 a year on $790k
Net yield3.8%After $6,440 of costs
Cash flow−$62/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $700 | ||
| Property manager | ||
| Rent, 52 weeks | $36,400 | |
| 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 | $29,960 | |
| Interest $553,000 at 6.00%, interest only | −$33,180 | |
| Cash flow before tax | −$3,220 | |
| Cash flow a week | −$62 | |
| Gross / net yield on the price | 4.6% / 3.8% | |
| Return on equity cash flow on the deposit, before tax | −1.4% | |
| Loses money above this interest rate, before tax | 5.42% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 5.42%. That is -1.4% a year on a $237k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area230 m²
- Decade built2010s
- Bedrooms4
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilAshburton District
- Valuation #24611-64428
- Valuation date1 Jul 2024
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 number671645
- Title typeFreehold
- Legal descriptionLot 21 Deposited Plan 480523
- Land area1,017 m²
Registered instruments0 registered instruments on this title 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 · 6 land use or subdivision consents within 250 m.
Within 250 m
- 1 Aug 2024Land use
Land use consent at Hinds, Mayfield, Dromore, Rakaia, Tinwald and Chertsey, for non-compliances resulting to upgrades to Water Treatment Plants (WTPs), zoned Rural A, Residential D, Rural B and Open Space A.
LUC24/0071 · Ashburton District43 mGranted - 28 May 2024Subdivision
s127 Change of Condition(s) 10 and 24 of SUB21/0035 at Nixon Street, zoned Residential C.
SUBA24/0005 · Ashburton District217 mGranted - 21 Jul 2021Land use
Land use consent at 6 Roxburgh Place to address the proposed non-compliant recession plane (4.9.4) of proposed dwelling in Residential C zone
LUC21/0077 · Ashburton District223 mGranted - 5 May 2021Subdivision
Resource Consent to subdivide Lot 3 DP 547398 between 29 & 45 Nixon Street to create 6 fee simple lots and an access at Nixon Street, Zoned Residential C
SUB21/0035 · Ashburton District217 mGranted - 7 May 2018Land use
Land use consent at 70B Tarbottons Road for a retrospective consent in accordance with rule 15.7.1 for the relocation of a dwelling, zoned Residential D
LUC18/0044 · Ashburton District210 mGranted - 25 Oct 2016Land use
Land use consent at 8 Whiteoak Grove, Ashburton to erect a commercial show home zoned Residential C
LUC16/0099 · Ashburton District199 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.
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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.
We do not hold flood maps for Ashburton District yet.
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 Tinwald
Ashburton District
2,054
Properties on the rating roll
1 Jul 2024
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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