Title boundary · 519 m² · LINZ
Unclaimed

28 Kenmure Road, Belleknowes

Dunedin · Dunedin City

Last sold Oct 1991

OwnBetter estimate
$628k
Medium confidence

We estimate it would sell for $628,000 as at 5 October 2026, in a range of $537,000 to $715,000.

Typical home in Belleknowes
$741k
The median of our estimates of its 759 homes
How we worked this out
Council valuation, Jun 2025$610,000
Market movement in Dunedin City since the council valuation+3.3%
How Belleknowes sells against council values−1.2%
Homes of this age in Belleknowes−0.2%
Homes in this price range+0.2%
Land as a share of the value−0.2%
Nearby recent sales (15)+1.2%
Our estimate$628,000

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

28 Kenmure Road as a rental

Rent estimate$600/wk$520–$690 · Little evidence
Gross yield5.0%$31,200 a year on $628k
Net yield4.1%After $5,520 of costs
Cash flow−$13/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $600
Property manager
Rent, 52 weeks$31,200
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$25,680
Interest $439,600 at 6.00%, interest only−$26,376
Cash flow before tax−$696
Cash flow a week−$13
Gross / net yield on the price5.0% / 4.1%
Return on equity cash flow on the deposit, before tax−0.4%
Loses money above this interest rate, before tax5.84%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.84%. That is -0.4% a year on a $188k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area150 m²
  • Decade built1920s
  • Bedrooms3
  • Bathrooms1
  • Parking1 car space
  • Property categoryUse not published
  • CouncilDunedin City
  • Valuation #27050-19200
  • Valuation date1 Jun 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 numberOT250/62
  • Title typeFreeholdBoundaries not fully establishedStandard registered title
  • Estate descriptionFee Simple, 1/1, Allotment 7 Block V Deeds Plan 307, 511 m2
  • Legal descriptionAllotment 7 Block V Deeds Plan 307
  • Land area519 m²
  • Title issued1 Aug 1931
  • Land districtOtago
Registered instruments3 registered instruments on this titleBuilding Line Restriction · Conveyance · Mortgage 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

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 · 20 land use or subdivision consents within 250 m.

Within 250 m

  1. 7 Feb 2024
    Land use

    Maintenance on Scheduled Tree - T662 Red Beech

    LUC-2024-46 · Dunedin City
    18 mGranted
  2. 17 Nov 2023
    Land use

    a dwelling contravening outdoor living space and height in relation to boundary standards, and setback from network utilities standards

    LUC-2023-438 · Dunedin City
    50 mGranted
  3. 10 Aug 2021
    Land use

    under-width legal access and insufficient separating distances for the right of way of SUB-2021-219

    LUC-2021-487 · Dunedin City
    124 mGranted
  4. 10 Aug 2021
    Subdivision

    subdivision to create two lots

    SUB-2021-219 · Dunedin City
    124 mGranted
  5. 14 Jun 2021
    Subdivision

    3 lot subdivision

    SUB-2021-116 · Dunedin City
    66 mGranted
  6. 19 Mar 2020
    Subdivision

    subdivision consent for a unit title subdivision of land

    SUB-2020-40 · Dunedin City
    135 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.

We do not hold flood maps for Dunedin City 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 Council

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 Belleknowes

Dunedin City
835
Properties on the rating roll
1 Jun 2025
Last council revaluation
Buyer demand

6 people looked at properties in Belleknowes this week.

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.

Agents active in Belleknowes

People whose office is within 5 km of Belleknowes, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.

Who sold the most in Belleknowes →

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

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