54 Odlin Crescent, Nawton
Hamilton · Hamilton City
Last sold Oct 2022
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $580 × 52 weeks = $30,160, against our estimate of $583,000. 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 |
|---|---|---|
| 3 rentals advertised nearby each adjusted to this property’s bedrooms and value | $571 | 3% |
| From its value what rentals in the area typically yield | $581 | 98% |
We read this property as a house with 3 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.
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 49 Fitzroy Avenuerealestate.co.nz ↗ | 3 | $610 | $571 | Oct 2026 | 7.3 km |
| 10 Westminster Placerealestate.co.nz ↗ | 4 | $800 | $539 | Oct 2026 | 6.0 km |
| 9 Santiago Placerealestate.co.nz ↗ | 5 | $900 | $471 | Oct 2026 | 5.3 km |
These are computer-generated guides only, not a rental appraisal.
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
Home 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.
54 Odlin Crescent as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $580 | ||
| Property manager | ||
| Rent, 52 weeks | $30,160 | |
| 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 | $24,824 | |
| Interest $399,000 at 6.00%, interest only | −$23,940 | |
| Cash flow before tax | +$884 | |
| Cash flow a week | +$17 | |
| Gross / net yield on the price | 5.3% / 4.4% | |
| Return on equity cash flow on the deposit, before tax | 0.5% | |
| Loses money above this interest rate, before tax | 6.22% | |
The rent covers the interest at rates up to 6.22%. That is 0.5% a year on a $171k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area90 m²
- Decade built1980s
- Bedrooms3
- Bathrooms1
- Parking2 car spaces
- Property categoryUse not published
- CouncilHamilton City
- Valuation #4184-7300
- Valuation date1 Sep 2024
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 numberSA31C/438
- Title typeFreehold
- Legal descriptionLot 14 Deposited Plan South Auckland 35240
- Land area608 m²
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
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 · 8 land use or subdivision consents within 250 m.
Within 250 m
- 8 Aug 2022Subdivision
unit title simple subdivision of IRD - Conc to land use 010.2022.12368.1
011.2022.00008037.001 · Hamilton City180 mGranted - 30 Jun 2022Land use
IRD - 2 Duplex Dwellings (4 Units) & 8 Apartrment Units also 2 Stage Subdivision (Fee Simple & Unit Title). Part of site in the Low Flood Hazard Layer.
010.2022.00012312.001 · Hamilton City243 mGranted - 30 Jun 2022Subdivision
Subdivision - Fee Simple & Unit Title (2 Stage) based on IRD for 2 Duplex Dwellings (4 Units) and 8 Apartment Units (in 2 buildings). Small portion of Low Flood Hazard Area.
011.2022.00008002.001 · Hamilton City243 mGranted - 22 Jun 2022Subdivision
12 Lot Fee simple subdivision - Replacing 5 Lots over 3832m2. 11 access via a new crossing off Bishops Lane Cul-de-sac head, with one Lot accessed via the existing shared RoW serving 8/10/12/14 Bishops Lane.
011.2022.00007990.001 · Hamilton City237 mGranted - 22 Jun 2022Land use
Integrated Residential Development of 12 Units - Four duplex (eight total units) and four detached units. Replacing 5 Units over 3832m2. 11 Units access via a new crossing off Bishops Lane Cul-de-sac head, with one Lot accessed via the existing shared RoW serving 8/10/12/14 Bishops Lane. Three Units are single story, with the remaining double story.
010.2022.00012296.001 · Hamilton City237 mGranted - 14 Feb 2017Land use
Ancillary Flat - Erect a ancillary residential unit resulting in a permeable surfaces failure - PO 2362154.
010.2017.00009118.001 · Hamilton City199 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.
We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
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 Hamilton City 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 Nawton
10 people looked at properties in Nawton this week.
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.
Agents active in Nawton
People whose office is within 5 km of Nawton, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.