Clutha District
Last sold Jun 2026
Located on a prominent corner site on Lawrence’s main street, the Bank of New Zealand (Former), designed by Dunedin architect John Arthur Burnside, and opened in 1886, has historical, social, and architectural significance.
Read the entry on the Heritage List →Photo: Mattinbgn, 2011, © Mattinbgn - Wikimedia Commons
We estimate it would sell for $548,000 as at 5 October 2026, in a range of $492,000 to $624,000.
| Council valuation, Sept 2023 | $520,000 |
|---|---|
| Market movement in Clutha District since the council valuation | +10.2% |
| Apartments and houses in Clutha District | −0.2% |
| How Lawrence sells against council values | +2.9% |
| Homes of this age in Lawrence | +1.6% |
| Homes in this price range | −0.9% |
| Land as a share of the value | −1.5% |
| Nearby recent sales (15) | +1.0% |
| Its own sale in 2025 | −7.0% |
| Our estimate | $548,000 |
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.
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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.
CCB · special
KookminThe lowest rather than the highest is $106 less a fortnight — about $2,761 over the 1 year.
China Construction Bank4.49%s$1,027/fn
ICBC4.65%s$1,047/fn
Bank of China4.68%s$1,050/fn
AIA New Zealand4.99%$1,088/fn
ANZ Bank New Zealand4.99%s$1,088/fn
ASB Bank4.99%$1,088/fn
Bank of Baroda4.99%$1,088/fn
Police Credit Union4.99%$1,088/fn
Unity Credit Union4.99%s$1,088/fn
Kiwibank5.15%s$1,108/fn
Bank of New Zealand5.19%$1,113/fn
SBS Bank5.19%s$1,113/fn
The Co-operative Bank5.19%s$1,113/fn
TSB Bank5.19%s$1,113/fn
Westpac New Zealand5.19%s$1,113/fn
First Credit Union5.29%s$1,126/fnKookmin Bank Auckland Branch5.35%$1,133/fnPrincipal 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
| Rent, 52 weeks | $29,380 |
|---|---|
| Empty between tenants 2 weeks | −$1,130 |
| Property management 9.2% incl. GST | −$2,599 |
| Maintenance 5% of rent | −$1,469 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $24,182 |
| Interest $383,600 at 5.03%, interest only | −$19,295 |
| Cash flow before tax | +$4,887 |
The rent covers the interest at rates up to 6.30%. That is 3.0% a year on a $164k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
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.
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
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 work the council has consented on this property, newest first. 1 consent on record.
Remove specified systems, install solid fuel heater - athena bay firenzo & change of use to res
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.
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.
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 Clutha District yet.
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 CouncilSee 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.
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.
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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.