Finding a picture…
Estimate $1.05m – $1.33m
2
18A Daveys Place, Arrowtown
Shared parcel · 528 m² · LINZ
Unclaimed
89A Devon Street, Arrowtown
Queenstown-Lakes District
Last sold Jan 2000
OwnBetter estimate
$1.19m
Medium confidence
We estimate it would sell for $1,190,000 as at 5 October 2026, in a range of $1,020,000 to $1,360,000.
Typical home in Arrowtown
$2.20m
The median of our estimates of its 1,780 homes
$1.02mLow
$1.1mCouncil value
$1.19mEstimate
$1.36mHigh
How we worked this out
| Council valuation, Sept 2024 | $1,100,000 |
|---|---|
| Market movement in Queenstown-Lakes District since the council valuation | +6.4% |
| How Arrowtown sells against council values | +2.6% |
| Homes of this age in Arrowtown | −1.1% |
| Homes in this price range | +1.0% |
| Land as a share of the value | −0.1% |
| Nearby recent sales (15) | −0.3% |
| Our estimate | $1,190,000 |
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 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.
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 89A Devon Street
Estimated repayments
$2,223
$952,000 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 $230 less a fortnight — about $5,974 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$2,223/fn
ICBC4.65%s$2,265/fn
Bank of China4.68%s$2,272/fn
AIA New Zealand4.99%$2,355/fn
ANZ Bank New Zealand4.99%s$2,355/fn
ASB Bank4.99%$2,355/fn
Bank of Baroda4.99%$2,355/fn
Police Credit Union4.99%$2,355/fn
Unity Credit Union4.99%s$2,355/fn
Kiwibank5.15%s$2,398/fn
Bank of New Zealand5.19%$2,409/fn
SBS Bank5.19%s$2,409/fn
The Co-operative Bank5.19%s$2,409/fn
TSB Bank5.19%s$2,409/fn
Westpac New Zealand5.19%s$2,409/fn
First Credit Union5.29%s$2,436/fn- Kookmin Bank Auckland Branch5.35%$2,452/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 89A Devon Street. 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
89A Devon Street as a rental
Rent estimate$830/wk$720–$950 · Little evidence
Gross yield3.6%$43,160 a year on $1.19m
Net yield3.0%After $7,636 of costs
Cash flow−$123/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $43,160 |
|---|---|
| Empty between tenants 2 weeks | −$1,660 |
| Property management 9.2% incl. GST | −$3,818 |
| Maintenance 5% of rent | −$2,158 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $35,524 |
| Interest $833,000 at 5.03%, interest only | −$41,900 |
| Cash flow before tax | −$6,376 |
The rent covers the interest at rates up to 4.26%. That is -1.8% a year on a $357k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area90 m²
- Decade built1990s
- Bedrooms3
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29184-6600-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 numberOT16B/859
- Title typeUnit Title
- Estate descriptionStratum in Freehold, 1/1, Unit 1 and Accessory Unit 1A Deposited Plan 24380
- Title issued26 Jan 1995
- Land districtOtago
Instruments on this title1 registered instrumentMortgage 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 · 10 land use or subdivision consents within 250 m.
Within 250 m
- 21 Mar 2023Land use
H PENMAN - UNDERTAKE ALTERATIONS AND ADDITIONS TO AN EXISTING RESIDENTIAL UNIT WHICH BREACHES BOUNDARY SETBACKS AND CONSTRUCT A NON-COMPLYING VEHICLE CROSSING AT 9 CORNWALL STREET, ARROWTOWN
RM230006 · Queenstown-Lakes District218 mGranted - 3 Nov 2022Land use
E NUNEZ & C ALLENDE - TO OPERATE A RESIDENTIAL VISITOR ACCOMMODATION ACTIVITY FOR 90 NIGHTS A YEAR AT 84 DEVON STREET, ARROWTOWN
RM220976 · Queenstown-Lakes District79 mGranted - 4 Oct 2022Land use
T RITCHIE, K DAGG & GUEST CARTER TRUSTEES LIMITED - SECTION 88 OF THE RESOURCE MANAGEMENT ACT 1991 (RMA) FOR THE ADDITIONS AND ALTERATIONS TO AN EXISTING RESIDENTIAL UNIT THAT DOES NOT MEET THE RELEVANT COVERAGE AND SETBACK REQUIREMENTS AT 3 CORNWALL ROAD, ARROWTOWN
RM220867 · Queenstown-Lakes District235 mGranted - 19 May 2021Land use
J SPENCE & M RICH - TO CONSTRUCT A GARAGE THAT WILL INTRUDE THE REQUIRED 4.5M SETBACK FROM DEVON STREET, AND UNDERTAKE ASSOCIATED EARTHWORKS AT 71 DEVON STREET, ARROWTOWN
RM210416 · Queenstown-Lakes District158 mGranted - 11 Apr 2018Land use
TO CONSTRUCT A BUILDING WITHIN THE ROAD BOUNDARY SETBACK AND FOR RETAINING UP TO THE EASTERN BOUNDARY; AND TO TO CHANGE CONDITIONS 1 OF RESOURCE CONSENT RM130179 AT 61 CENTENNIAL AVENUE, ARROWTOWN
RM150549 · Queenstown-Lakes District215 mGranted - 22 Mar 2017Land use
LAND USE CONSENT TO ESTABLISH SHORT-TERM VISITOR ACCOMMODATION AT 13 ALEXANDER PLACE, ARROWTOWN
RM170269 · Queenstown-Lakes District127 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.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
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 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 Arrowtown
Queenstown-Lakes District
2,043
Properties on the rating roll
10 Jun 2026
Last council revaluation
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.
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Agents active in Arrowtown
People whose office is within 5 km of Arrowtown, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Independent
Eliott AllemandSalesperson
Vanessa Buckley-SharpSalesperson
Independent
Theresa ChapmanSalesperson
Jason DrewettSalesperson
Independent
Lily DykesSalesperson
Independent
Joanne Eddington-SmithAgent
Felicity HannaSalesperson
Independent
Nicholas HortonAgent
Angela ImlachSalesperson
Nathan ImlachSalesperson
Carl JohnstonSalesperson
Independent
Samuel JonesAgent
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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