Estimate $862k – $1.15m
109A Hillhead Road, Corstorphine
Title boundary · 861 m² · LINZ
Unclaimed
14 Westgate, Corstorphine
Also 14A WestgateDunedin · Dunedin City
Last sold Dec 2016
Rent estimate · 19 Oct 2026
$640 – $850/week
Most likely about $735 a week · Little evidence: a rough guide
Estimated rental yield
4.1%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $735 × 52 weeks = $38,220, against the council valuation of $940,000. 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 | $737 | 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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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 14 Westgate
Estimated repayments
$1,756
$752,000 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 · specialAverage5.02%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $181 less a fortnight — about $4,719 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$1,756/fn
ICBC4.65%s$1,789/fn
Bank of China4.68%s$1,795/fn
AIA New Zealand4.99%$1,860/fn
ANZ Bank New Zealand4.99%s$1,860/fn
ASB Bank4.99%$1,860/fn
Bank of Baroda4.99%$1,860/fn
Police Credit Union4.99%$1,860/fn
TSB Bank4.99%s$1,860/fn
Unity Credit Union4.99%s$1,860/fn
Kiwibank5.15%s$1,894/fn
Bank of New Zealand5.19%$1,903/fn
SBS Bank5.19%s$1,903/fn
The Co-operative Bank5.19%s$1,903/fn
Westpac New Zealand5.19%s$1,903/fn
First Credit Union5.29%s$1,924/fn- Kookmin Bank Auckland Branch5.35%$1,937/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 14 Westgate. 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
14 Westgate as a rental
Rent estimate$735/wk$640–$850 · Little evidence
Gross yield4.1%$38,220 a year on $940k
Net yield3.3%After $6,762 of costs
Cash flow−$30/wk30% deposit, interest only at 5.02%
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $735 | ||
| Property manager | ||
| Rent, 52 weeks | $38,220 | |
| 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 | $31,458 | |
| Interest $658,000 at 5.02%, interest only | −$33,032 | |
| Cash flow before tax | −$1,574 | |
| Cash flow a week | −$30 | |
| Gross / net yield on the price | 4.1% / 3.3% | |
| Return on equity cash flow on the deposit, before tax | −0.6% | |
| Loses money above this interest rate, before tax | 4.78% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 4.78%. That is -0.6% a year on a $282k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area218 m²
- Decade built2020s
- Bedrooms4
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilDunedin City
- Valuation #27380-35277
- 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 number726812
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 52 Deposited Plan 495411, 861 m2
- Legal descriptionLot 52 Deposited Plan 495411
- Land area861 m²
- Title issued27 Oct 2016
- Land districtOtago
- Addresses on this property2
Registered instruments6 registered instruments on this titleEasement Instrument ×3 · Consent Notice under s221(4)(a) Resource Management Act 1991 · Transfer · Variation of Covenant 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
Building work the council has consented on this property, newest first. 2 consents on record.
- 1 Nov 2019New$500,000 declared
New dwg with attached gge & attached self-contained studio, erect retaining wall
Consent 1214/19 · Dunedin City - 1 Nov 2019New$500,000 declared
Erect Dwelling with Attached Garage, and Attached Self-contained Studio, Erect Retaining Wall
Consent 2019-1214 · Dunedin City
Resource consents
What the council has been asked to allow under the Resource Management Act. 2 on this property · 18 land use or subdivision consents within 250 m.
On this property
- 11 Sep 2019Land use
land use consent for the use of a dwelling for two visitor accommodation units
LUC-2019-478 · Dunedin CityGranted - 6 Aug 2019Withdrawn
Within 250 m
- 14 Dec 2021Land use
A new double garage and sheds taller than the maximum height standards and built within the rear boundary setback
LUC-2021-722 · Dunedin City211 mGranted - 6 Sep 2021Land use
To disturb an unnamed tributary of Kaikorai Stream for the purpose of constructing a culvert
RM21.469.03 · Otago Regional222 mGranted - 6 Sep 2021Land use
To disturb an unnamed tributary of Kaikorai Stream for the purpose of constructing a culvert
RM21.469.01 · Otago Regional222 mGranted - 6 Sep 2021Land use
To disturb an unnamed tributary of Kaikorai Stream for the purpose of constructing a culvert
RM21.469.02 · Otago Regional222 mGranted - 8 Nov 201940 mGranted
- 6 Jun 2019Land use
land use consent for the construction of retaining walls within the required setbacks
LUC-2019-276 · Dunedin City77 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 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 Corstorphine
Dunedin City
809
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. 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 Corstorphine
People whose office is within 5 km of Corstorphine, 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
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