Title boundary · 22,511 m² · LINZ
Unclaimed

28 Kayforce Road

Ocean View, Dunedin · Dunedin City

Last sold Aug 2025

OwnBetter estimate
$1.38m
Medium confidence

We estimate it would sell for $1,380,000 as at 5 October 2026, in a range of $1,240,000 to $1,570,000.

Typical home in Ocean View
$644k
The median of our estimates of its 286 homes
How we worked this out
Council valuation, Jun 2025$1,350,000
Market movement in Dunedin City since the council valuation+3.3%
How Ocean View sells against council values−0.6%
Homes in this price range−0.5%
Land as a share of the value−1.1%
Nearby recent sales (15)+0.1%
Its own sale in 2025+1.2%
Our estimate$1,380,000

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 and its own last sale 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

Mortgage: open the section
$5,587a 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.

Home loan

What it would cost to buy 28 Kayforce Road

Every rate from 36 lenders →
Estimated repayments
$2,578
$1,104,000 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
Average5.03%
Highest5.35%Kookmin

The lowest rather than the highest is $266 less a fortnight — about $6,928 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$2,578/fn
  • ICBC4.65%s$2,626/fn
  • Bank of China4.68%s$2,635/fn
  • AIA New Zealand4.99%$2,731/fn
  • ANZ Bank New Zealand4.99%s$2,731/fn
  • ASB Bank4.99%$2,731/fn
  • Bank of Baroda4.99%$2,731/fn
  • Police Credit Union4.99%$2,731/fn
  • Unity Credit Union4.99%s$2,731/fn
  • Kiwibank5.15%s$2,781/fn
  • Bank of New Zealand5.19%$2,793/fn
  • SBS Bank5.19%s$2,793/fn
  • The Co-operative Bank5.19%s$2,793/fn
  • TSB Bank5.19%s$2,793/fn
  • Westpac New Zealand5.19%s$2,793/fn
  • First Credit Union5.29%s$2,825/fn
  • Kookmin Bank Auckland Branch5.35%$2,844/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 28 Kayforce Road. 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.

Investor insights

28 Kayforce Road as a rental

Rent estimate$895/wk$780–$1,030 · Little evidence
Gross yield3.4%$46,540 a year on $1.38m
Net yield2.8%After $8,234 of costs
Cash flow−$198/wk30% deposit, interest only at 5.03%
Rent, 52 weeks$46,540
Empty between tenants 2 weeks−$1,790
Property management 9.2% incl. GST−$4,117
Maintenance 5% of rent−$2,327
Council rates this yearNot known
Landlord insurance the buildingNot known
Net income before interest$38,306
Interest $966,000 at 5.03%, interest only−$48,590
Cash flow before tax−$10,284

The rent covers the interest at rates up to 3.97%. That is -2.5% a year on a $414k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area258 m²
  • Decade built2010s
  • Bedrooms4
  • Bathrooms3
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilDunedin City
  • Valuation #27901-12637
  • 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 number386608
  • Title typeFreehold
  • Estate descriptionFee Simple, 1/1, Lot 21 Deposited Plan 396964, 22,507 m2
  • Land area22,511 m²
  • Title issued13 Nov 2008
  • Land districtOtago
Instruments on this title12 registered instrumentsEasement Instrument ×8 · Consent Notice under s221(4)(a) Resource Management Act 1991 · Mortgage · Partial Surrender of Easement · Variation of Easement 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

Real-estate Listings

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Building consents

Building work the council has consented on this property, newest first. 1 consent on record.

  1. 1 May 2020
    Adds/Alts$3,000 declared

    Install bosca spirit heater in dwg

    Consent 834/20 · Dunedin City
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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?

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About Ocean View

Dunedin City
311
Properties on the rating roll
1 Jun 2025
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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