Estimate $480k – $638k
3
37A Lee Street, Blenheim
Title boundary · 415 m² · LINZ
Unclaimed
79A Stephenson Street, Blenheim
Marlborough District
Last sold Feb 2026
OwnBetter estimate
$507k
Medium confidence
We estimate it would sell for $507,000 as at 5 October 2026, in a range of $455,000 to $577,000.
Typical home in Blenheim
$581k
The median of our estimates of its 2,447 homes
$455kLow
$500kCouncil value
$507kEstimate
$577kHigh
How we worked this out
| Council valuation, Jul 2023 | $500,000 |
|---|---|
| Market movement in Marlborough District since the council valuation | +0.7% |
| How Blenheim sells against council values | −0.3% |
| Homes of this age in Blenheim | +1.0% |
| Homes in this price range | +1.7% |
| Land as a share of the value | +0.3% |
| Nearby recent sales (15) | −0.6% |
| Its own sale in 2026 | −1.2% |
| Our estimate | $507,000 |
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.
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 79A Stephenson Street
Estimated repayments
$943
$404,000 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 · specialAverage5.02%
Highest5.35%
Kookmin
KookminThe lowest rather than the highest is $98 less a fortnight — about $2,535 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$943/fn
ICBC4.65%s$961/fn
Bank of China4.68%s$964/fn
AIA New Zealand4.99%$999/fn
ANZ Bank New Zealand4.99%s$999/fn
ASB Bank4.99%$999/fn
Bank of Baroda4.99%$999/fn
Police Credit Union4.99%$999/fn
TSB Bank4.99%s$999/fn
Unity Credit Union4.99%s$999/fn
Kiwibank5.15%s$1,018/fn
Bank of New Zealand5.19%$1,022/fn
SBS Bank5.19%s$1,022/fn
The Co-operative Bank5.19%s$1,022/fn
Westpac New Zealand5.19%s$1,022/fn
First Credit Union5.29%s$1,034/fn- Kookmin Bank Auckland Branch5.35%$1,041/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 79A Stephenson 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
79A Stephenson Street as a rental
Rent estimate$540/wk$470–$620 · Little evidence
Gross yield5.5%$28,080 a year on $507k
Net yield4.6%After $4,968 of costs
Cash flow+$102/wk30% deposit, interest only at 5.02%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $540 | ||
| Property manager | ||
| Rent, 52 weeks | $28,080 | |
| 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 | $23,112 | |
| Interest $354,900 at 5.02%, interest only | −$17,816 | |
| Cash flow before tax | +$5,296 | |
| Cash flow a week | +$102 | |
| Gross / net yield on the price | 5.5% / 4.6% | |
| Return on equity cash flow on the deposit, before tax | 3.5% | |
| Loses money above this interest rate, before tax | 6.51% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 6.51%. That is 3.5% a year on a $152k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area90 m²
- Decade built2010s
- Bedrooms3
- Bathrooms1
- Property categoryUse not published
- CouncilMarlborough District
- Valuation #20510-37101
- Valuation date1 Jul 2023
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 number711389
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 2 Deposited Plan 491250, 415 m2
- Land area415 m²
- Title issued30 Oct 2015
- Land districtMarlborough
Registered instruments2 registered instruments on this titleEasement Instrument · Mortgage Only routine instruments registered 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
Building work the council has consented on this property, newest first. 3 consents on record.
- Date not publishedAdds/Alts
Drainage Work
Consent BC150739 · Marlborough District - Date not publishedAdds/Alts
Internal drainage work for stormwater system
Consent BC950874 · Marlborough District - Date not publishedAdds/Alts
Convert Garage To Dwelling /Additions/Alterations
Consent COA120014 · Marlborough District
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 17 land use or subdivision consents within 250 m.
Within 250 m
- 2 Feb 202541 mGranted
- 2 Feb 2025Subdivision
To subdivide Lot 9 DP 2379 into three allotments (Stage 1).
250125.03 · Marlborough District52 mGranted - 2 Feb 2025Subdivision
To subdivide Lot 3 (created on Stage 1) into three allotments (Stage 2).
250125.04 · Marlborough District43 mGranted - 2 Feb 2025Land use
To carry out earthworks associated with residential development on Lot 9 DP 2379.
250125.02 · Marlborough District43 mGranted - 31 Jan 2025Land use
To authorise the existing dwelling on Lot 1 of subdivision U240670.01 (formerly Lot 3 DP 1963) to breach the recession plane associated with the southern boundary.
250142.01 · Marlborough District109 mGranted - 8 Jul 2024112 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 Marlborough 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.
Marlborough District Council does not publish its register. Its property file and the LIM hold HAIL records; ask its HAIL enquiry team.
What 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 Blenheim
Marlborough District
3,289
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 Blenheim
People whose office is within 5 km of Blenheim, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Naomi AllcuttSalesperson
Julie AmbroseSalesperson
Jake ArnesenSalesperson
Alan AtkinsAgent
Ray White
Vicki BakerSalesperson
Independent
Andre BezarSalesperson
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Martyn BirchSalesperson
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Jacqueline BristoweBranch Manager
Jacqueline BullSalesperson
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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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