Finding a picture…
Estimate $469k – $624k
3
43 Manson Avenue, Stoke
Shared parcel · 1,095 m² · LINZ
Unclaimed
32 Polstead Road, Stoke
Also 32C Polstead Road and 32D Polstead RoadNelson · Nelson City
Last sold Oct 2015
Rent estimate · 16 Oct 2026
$480 – $640/week
Most likely about $555 a week · Little evidence: a rough guide
Estimated rental yield
5.4%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $555 × 52 weeks = $28,860, against the council valuation of $530,000. 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 |
|---|---|---|
| 1 rental advertised nearby each adjusted to this property’s bedrooms and value | $576 | 1% |
| From its value what rentals in the area typically yield | $554 | 99% |
We read this property as a townhouse 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.
Rentals it leaned on
| Address | Beds | Asked | As this one | When | Away |
|---|---|---|---|---|---|
| 5A Rainier Streetrealestate.co.nz ↗ | 1 | $500 | $576 | Oct 2026 | 2.5 km |
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 32 Polstead Road
Estimated repayments
$990
$424,000 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 · specialAverage5.03%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $102 less a fortnight — about $2,661 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$990/fn
ICBC4.65%s$1,009/fn
Bank of China4.68%s$1,012/fn
AIA New Zealand4.99%$1,049/fn
ANZ Bank New Zealand4.99%s$1,049/fn
ASB Bank4.99%$1,049/fn
Bank of Baroda4.99%$1,049/fn
Police Credit Union4.99%$1,049/fn
Unity Credit Union4.99%s$1,049/fn
Kiwibank5.15%s$1,068/fn
Bank of New Zealand5.19%$1,073/fn
SBS Bank5.19%s$1,073/fn
The Co-operative Bank5.19%s$1,073/fn
TSB Bank5.19%s$1,073/fn
Westpac New Zealand5.19%s$1,073/fn
First Credit Union5.29%s$1,085/fn- Kookmin Bank Auckland Branch5.35%$1,092/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 32 Polstead 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. How much could you borrow? · Mortgage calculator
Investor insights
32 Polstead Road as a rental
Rent estimate$555/wk$480–$640 · Little evidence
Gross yield5.4%$28,860 a year on $530k
Net yield4.5%After $5,106 of costs
Cash flow+$98/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $28,860 |
|---|---|
| Empty between tenants 2 weeks | −$1,110 |
| Property management 9.2% incl. GST | −$2,553 |
| Maintenance 5% of rent | −$1,443 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $23,754 |
| Interest $371,000 at 5.03%, interest only | −$18,661 |
| Cash flow before tax | +$5,093 |
The rent covers the interest at rates up to 6.40%. That is 3.2% a year on a $159k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area101 m²
- Decade built1950s
- Bedrooms3
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilNelson City
- Valuation #19630-83800-A
- 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 numberNL10C/80
- Title typeCross lease
- Estate descriptionFee Simple, 1/3, Lot 1 Deposited Plan 9971, 1,096 m2; Leasehold, 1/1, Flat 1 Deposited Plan 16200, Verandah Deposited Plan 16200 and Carport Deposited Plan 16200
- Legal descriptionFlat 1 Deposited Plan 16200, Verandah Deposited Plan 16200 and Carport Deposited Plan 16200; Lot 1 Deposited Plan 9971
- Land area1,095 m²
- Title issued27 Apr 1993
- Land districtNelson
- Addresses on this property3
Instruments on this title9 registered instrumentsLease ×3 · Transfer and Grant of Easement ×3 · Document · Easement Certificate · Mortgage 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 · 6 land use or subdivision consents within 250 m.
Within 250 m
- 19 Mar 2025Land use
Land use Consent for internal alterations to an existing IHC residential dwelling, to create a second residential unit within the dwelling which breaches minimum site size requirements.
255052 · Nelson City198 mGranted - 10 Feb 2025Land use
Land use consent for Soil disturbance requiring consent under the National Environmental Standards for Assessing and Managing Contaminants in Soil to Protect Human Health (the NESCS) NOTE: To be read in conjunction with RM255001 and RM255002.
255014 · Nelson City232 mGranted - 28 Jan 2025Land use
Comprehensive housing development associated with a subdivision of a site in the flood path overlay (Read with RM255001 & RM255014).
255002 · Nelson City232 mGranted - 28 Jan 2025Subdivision
Subdivision of Lot 43 DP 6790 into eight residential lots around a comprehensive housing development, in the flood path overlay (Read with RM255002 & RM255014).
255001 · Nelson City232 mGranted - 24 May 201860 mGranted
- 2 Mar 2016Land use
Retrospective consent for remedial/preventative trimming of a Heritage Oak Tree, Polstead Road
165059 · Nelson City156 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
Nobody is tracking this property yet
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What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
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3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.
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 Nelson 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.
Nelson City Council records these on the LIM; it will say more about a listed site on request.
Ask Nelson City 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 Stoke
Nelson City
6,538
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand
7 people looked at properties in Stoke 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.
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Agents active in Stoke
People whose office is within 5 km of Stoke, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Bruce BattySalesperson
Tracy BeerSalesperson
Independent
Jacquelyn BestSalesperson
Christine FergusonSalesperson
Michael FoxSalesperson
Callum GilchristBranch Manager
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Cleo HodgsonSalesperson
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Allister NalderAgent
Paul NicollSalesperson
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Nicola RyanAgent
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