
370-378 Littles Road, Dalefield
Queenstown · Queenstown-Lakes District
Last sold Nov 2009
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $1,115 × 52 weeks = $57,980, against the council valuation of $4,500,000. 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 |
|---|---|---|
| From its value what rentals in the area typically yield | $1,114 | 100% |
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.
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.
What it would cost to buy 370-378 Littles Road
The lowest rather than the highest is $869 less a fortnight — about $22,591 over the 1 year.
All 17 lenders at 1 year fixed
China Construction Bank4.49%s$8,405/fn
ICBC4.65%s$8,563/fn
Bank of China4.68%s$8,593/fn
AIA New Zealand4.99%$8,905/fn
ANZ Bank New Zealand4.99%s$8,905/fn
ASB Bank4.99%$8,905/fn
Bank of Baroda4.99%$8,905/fn
Police Credit Union4.99%$8,905/fn
TSB Bank4.99%s$8,905/fn
Unity Credit Union4.99%s$8,905/fnKiwibank5.15%s$9,068/fn
Bank of New Zealand5.19%$9,109/fn
SBS Bank5.19%s$9,109/fn
The Co-operative Bank5.19%s$9,109/fn
Westpac New Zealand5.19%s$9,109/fn
First Credit Union5.29%s$9,212/fnKookmin Bank Auckland Branch5.35%$9,274/fn
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
370-378 Littles Road as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $1,115 | ||
| Property manager | ||
| Rent, 52 weeks | $57,980 | |
| 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 | $47,722 | |
| Interest $3,150,000 at 5.02%, interest only | −$158,130 | |
| Cash flow before tax | −$110,408 | |
| Cash flow a week | −$2,123 | |
| Gross / net yield on the price | 1.3% / 1.1% | |
| Return on equity cash flow on the deposit, before tax | −8.2% | |
| Loses money above this interest rate, before tax | 1.51% | |
The rent covers the interest at rates up to 1.51%. That is -8.2% a year on a $1.35m deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area218 m²
- Decade built1980s
- Bedrooms3
- Bathrooms1
- Parking2 car spaces
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29071-7900
- 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 number32881
- Title typeFreeholdGuaranteed
- Estate descriptionFee Simple, 1/1, Lot 2 Deposited Plan 308521, 34,439 m2
- Legal descriptionLot 2 Deposited Plan 308521
- Land area3.45 ha
- Title issued10 Jul 2002
- Land districtOtago
- Addresses on this property2
- Worth asking aboutCaveaton this titleSomeone has registered a claim to an interest in this land. It can stop the title being transferred until it is withdrawn.
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
Building work the council has consented on this property, newest first. 5 consents on record.
- 6 Aug 2024Adds/Alts$37,500 declared
Alterations to 2-storey dwg - to stairs & bathrm
Consent BC240712 · Queenstown-Lakes District - 28 Jun 2017Adds/Alts$128,000 declared
378 Littles Road, Dalefield. Renovation of existing Barn Building.
Consent BC161845 · Queenstown-Lakes District - Date not publishedAdds/Alts$2,000 declared
Fire Appliance
Consent BC990306 · Queenstown-Lakes District - Date not publishedNew$125,000 declared
Erect Kiwispan Barn
Consent BC088590 · Queenstown-Lakes District - Date not publishedNew$2,500 declared
Erect New Garage And Workshop
Consent BC930263 · Queenstown-Lakes District
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
- 14 Dec 2023Land use
B MORGANS - TO UNDERTAKE ADDITIONS AND ALTERATIONS TO THE EXISTING BUILDINGS OUTSIDE THE BUILDING PLATFORM AND WITHIN THE ROAD BOUNDARY SETBACK; AND TO VARY CONDITION 5 OF CONSENT NOTICE 5280309.4 AND CHANGE CONDITION 1 OF RM020494 AT 386 LITTLES ROAD, QUEENSTOWN
RM230934 · Queenstown-Lakes District118 mGranted - 21 Mar 2017Land use
LAND USE CONSENT FOR ALTERATIONS TO AN EXISTING ACCESSORY BUILDING TO ESTABLISH A RESIDENTIAL FLAT & TO INSTALL TWO WATER TANKS WITHIN SEPARATE INTERNAL BOUNDARIES THAT ARE OUTSIDE AN APPROVED BUILDING PLATFORMAT 378 LITTLES ROAD, WAKATIPU BASIN
RM170262 · Queenstown-Lakes District138 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 Queenstown-Lakes District 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 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 Dalefield
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 Dalefield
People whose office is within 5 km of Dalefield, 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.