Title boundary · 671 m² · LINZ
Unclaimed

48 Endcliffe Road, Kaiti

Gisborne · Gisborne District

Last sold Oct 1989

OwnBetter estimate
$406k
Medium confidence

We estimate it would sell for $406,000 as at 5 October 2026, in a range of $347,000 to $462,000.

Typical home in Kaiti
$486k
The median of our estimates of its 998 homes
How we worked this out
Council valuation, Aug 2023$364,000
Market movement in Gisborne District since the council valuation+4.8%
How Kaiti sells against council values+1.2%
Homes of this age in Kaiti+0.7%
Homes in this price range+1.2%
Land as a share of the value+0.9%
Nearby recent sales (15)+2.2%
Our estimate$406,000

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

48 Endcliffe Road as a rental

Rent estimate$485/wk$420–$560 · Little evidence
Gross yield6.2%$25,220 a year on $406k
Net yield5.1%After $4,462 of costs
Cash flow+$71/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $485
Property manager
Rent, 52 weeks$25,220
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$20,758
Interest $284,200 at 6.00%, interest only−$17,052
Cash flow before tax+$3,706
Cash flow a week+$71
Gross / net yield on the price6.2% / 5.1%
Return on equity cash flow on the deposit, before tax3.0%
Loses money above this interest rate, before tax7.30%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 7.30%. That is 3.0% a year on a $122k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area100 m²
  • Decade built1950s
  • Bedrooms3
  • Bathrooms1
  • Parking1 car space
  • Property categoryUse not published
  • CouncilGisborne District
  • Valuation #8411-55800
  • Valuation date1 Aug 2023

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 numberGS107/75
  • Title typeFreeholdGuaranteed
  • Estate descriptionFee Simple, 1/1, Lot 3 Deposited Plan 3898, 668 m2
  • Legal descriptionLot 3 Deposited Plan 3898
  • Land area671 m²
  • Title issued4 Dec 1952
  • Land districtGisborne
Registered instruments1 registered instrument on this titleTransfer 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 · 2 land use or subdivision consents within 250 m.

Within 250 m

  1. 24 Feb 2025
    Subdivision

    to subdivide the site into two allotments so that the two existing dwellings are located within individual lots.

    112801* · Gisborne District
    44 mGranted
  2. 12 Mar 2019
    Land use

    CONSTRUCTION OF A SMALL DWELLING ON A SUBSTANDARD SIZED SITE

    108801* · Gisborne District
    249 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 Gisborne 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 Kaiti

Gisborne District
1,170
Properties on the rating roll
1 Aug 2023
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.

Agents active in Kaiti

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

Who sold the most in Kaiti →

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

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