49 Glendene Court, Rolleston
Also 26 Glendene CourtSelwyn District
Last sold Jun 2025
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $585 × 52 weeks = $30,420, against the council valuation of $590,000. 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 |
|---|---|---|
| 2 rentals advertised nearby each adjusted to this property’s bedrooms and value | $506 | 1% |
| From its value what rentals in the area typically yield | $584 | 99% |
We read this property as an apartment with 2 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 |
|---|---|---|---|---|---|
| 3 Harness Wayrealestate.co.nz ↗ | 3 | $670 | $506 | Oct 2026 | 2.7 km |
| 30A Finn Avenuerealestate.co.nz ↗ | 4 | $620 | $319 | Oct 2026 | 2.5 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.
What it would cost to buy 49 Glendene Court
CCB · special
KookminThe lowest rather than the highest is $114 less a fortnight — about $2,962 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$1,102/fn
ICBC4.65%s$1,123/fn
Bank of China4.68%s$1,127/fn
AIA New Zealand4.99%$1,168/fn
ANZ Bank New Zealand4.99%s$1,168/fn
ASB Bank4.99%$1,168/fn
Bank of Baroda4.99%$1,168/fn
Police Credit Union4.99%$1,168/fn
TSB Bank4.99%s$1,168/fn
Unity Credit Union4.99%s$1,168/fn
Kiwibank5.15%s$1,189/fn
Bank of New Zealand5.19%$1,194/fn
SBS Bank5.19%s$1,194/fn
The Co-operative Bank5.19%s$1,194/fn
Westpac New Zealand5.19%s$1,194/fn
First Credit Union5.29%s$1,208/fn- Kookmin Bank Auckland Branch5.35%$1,216/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
49 Glendene Court as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $585 | ||
| Property manager | ||
| Rent, 52 weeks | $30,420 | |
| Empty between tenants 2 weeks | ||
| Property management 9.2% incl. GST | ||
| Maintenance 5% of rent | ||
| Council rates this year | ||
| Landlord insurance the building | ||
| Body corporate levy operating levy | ||
| Net income before interest | $25,038 | |
| Interest $413,000 at 5.02%, interest only | −$20,733 | |
| Cash flow before tax | +$4,305 | |
| Cash flow a week | +$83 | |
| Gross / net yield on the price | 5.2% / 4.2% | |
| Return on equity cash flow on the deposit, before tax | 2.4% | |
| Loses money above this interest rate, before tax | 6.06% | |
The rent covers the interest at rates up to 6.06%. That is 2.4% a year on a $177k deposit. We don’t know this unit’s body corporate levy yet: type it in, or ask the agent for the disclosure statement. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area115 m²
- Decade built2010s
- Bedrooms2
- Bathrooms1
- Property categoryRF201B
- Zoning (valuer’s record)9A
- CouncilSelwyn District
- Valuation #24055-10301-Y
- 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 number802298
- Title typeUnit TitleGuaranteedStandard registered title
- Estate descriptionStratum in Freehold, 1/1, Principal Unit 25 Deposited Plan 515632
- Legal descriptionPrincipal Unit 25 Deposited Plan 515632
- Title issued5 Mar 2019
- Land districtCanterbury
- Addresses on this property2
- Worth asking aboutCourt order ×3on the buildingA court order affects this title. Ask your lawyer what it covers.
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. 6 on this property · 2 land use or subdivision consents within 250 m.
On this property
- 13 May 2019Land use
VARIATION - To change condition 1 of resource consent RC165115 (21 and 23 Lowes Road)
195531 · Selwyn DistrictGranted - 13 May 2019Subdivision
VARIATION - To change condition 1 of resource consent RC165114 (21 & 23 Lowes Road)
195241 · Selwyn DistrictGranted - 13 May 2019Land use
VARIATION - To change condition 1 of resource consent RC145666 (21 and 23 Lowes Road)
195242 · Selwyn DistrictGranted - 3 Mar 2016Subdivision
To create 48 principal units and common property, and to establish the villas with non-complying site coverage, recession planes, sitting and outdoor living space. See L/U 165115
165114 · Selwyn DistrictGranted - 3 Mar 2016Land use
Technical infringements associated with the creation of unit titles. See RC165114
165115 · Selwyn DistrictGranted - 1 Mar 2016Granted
Within 250 m
- 21 Dec 2021Land use
To erect a dwelling exceeding site coverage and construct a vehicle crossing in a non-complying position in relation to an existing vehicle crossing
215993 · Selwyn District201 mGranted - 29 Jul 2021Land use
To erect a dwelling with an attached garage and an attached oversized family flat with an attached garage which does not comply with the site coverage requirements
215581 · Selwyn District184 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 Selwyn 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.
Environment Canterbury's Listed Land Use Register can be searched property by property on its own site, but is not published as data.
See the Listed Land Use RegisterWhat 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 Rolleston
58 people looked at properties in Rolleston 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 Rolleston
People whose office is within 5 km of Rolleston, 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.