Finding a picture…
Estimate $388k – $492k
3
77 Columba Avenue, Calton Hill
Title boundary · 683 m² · LINZ
Unclaimed
56 Riselaw Road, Calton Hill
Dunedin · Dunedin City
Last sold Apr 1998
OwnBetter estimate
$454k
Medium confidence
We estimate it would sell for $454,000 as at 5 October 2026, in a range of $388,000 to $516,000.
Typical home in Calton Hill
$484k
The median of our estimates of its 582 homes
$388kLow
$450kCouncil value
$454kEstimate
$516kHigh
How we worked this out
| Council valuation, Jun 2025 | $450,000 |
|---|---|
| Market movement in Dunedin City since the council valuation | +3.3% |
| How Calton Hill sells against council values | −1.4% |
| Homes of this age in Calton Hill | −0.6% |
| Homes in this price range | −0.5% |
| Land as a share of the value | +0.5% |
| Nearby recent sales (15) | −0.4% |
| Our estimate | $454,000 |
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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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
56 Riselaw Road as a rental
Rent estimate$510/wk$440–$590 · Little evidence
Gross yield5.8%$26,520 a year on $454k
Net yield4.8%After $4,692 of costs
Cash flow+$53/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $510 | ||
| Property manager | ||
| Rent, 52 weeks | $26,520 | |
| 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 | $21,828 | |
| Interest $317,800 at 6.00%, interest only | −$19,068 | |
| Cash flow before tax | +$2,760 | |
| Cash flow a week | +$53 | |
| Gross / net yield on the price | 5.8% / 4.8% | |
| Return on equity cash flow on the deposit, before tax | 2.0% | |
| Loses money above this interest rate, before tax | 6.87% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 6.87%. That is 2.0% a year on a $136k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area81 m²
- Decade built1950s
- Bedrooms3
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilDunedin City
- Valuation #27370-30400
- 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 and land
Order a title record- Title numberOT13A/209
- Title typeFreeholdGuaranteed
- Estate descriptionFee Simple, 1/1, Lot 99 Deposited Plan 6967, 683 m2
- Land area683 m²
- Title issued9 Nov 1989
- Land districtOtago
Registered instruments4 registered instruments on this titleHousing Corporation Easement Certificate · Mortgage · Transfer · Variation of 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 · 5 land use or subdivision consents within 250 m.
Within 250 m
- 2 Sep 2024Land use
to operate a mobile food van trading mainly as a fish and chip fast-food 'take-away', but also offering coffee options
LUC-2024-372 · Dunedin City174 mGranted - 19 Aug 2022Land use
Retrospective earthworks within 1.5m of network utility structures, and retrospective retained earthworks closer to the site boundary than the height of the earthworks.
LUC-2022-344 · Dunedin City216 mGranted - 4 Feb 2019Land use
land use consent for the use and development of a laundromat within a residential zone, the authorisation of an existing dairy previously operating under existing use rights, breach of car parking associated with a residential activity and the signage associated with the dairy and laundromat
LUC-2019-45 · Dunedin City174 mGranted - 20 May 2016Land use
land use consent to authorise the existing bulk and location and on-site manoeuvring breaches in respect of the residential activity on Lot 1 created by subdivision consent SUB-2016-43
LUC-2016-221 · Dunedin City229 mGranted - 20 May 2016229 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.
The hazard maps could not be read just now.
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 Calton Hill
Dunedin City
614
Properties on the rating roll
10 Jun 2026
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.
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Agents active in Calton Hill
People whose office is within 5 km of Calton Hill, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Tyne AitkenSalesperson
Jane BoothSalesperson
Brittany CassinSalesperson
Fraser DarlingSalesperson
Alan EasonBranch Manager
John FaulksSalesperson
Alison KeanSalesperson
Raymond KeanSalesperson
Russell LundyAgent
William McAuley-MillerSalesperson
William MillerSalesperson
Steven NicholSalesperson
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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