Estimate $515k – $653k
3
16 Waipuna Street, Mayfield
Title boundary · 844 m² · LINZ
Unclaimed
4 Mill Stream Lane, Mayfield
Blenheim · Marlborough District
Last sold Sept 2018
OwnBetter estimate
$581k
Medium confidence
We estimate it would sell for $581,000 as at 5 October 2026, in a range of $521,000 to $661,000.
Typical home in Mayfield
$527k
The median of our estimates of its 661 homes
$521kLow
$570kCouncil value
$581kEstimate
$661kHigh
How we worked this out
| Council valuation, Jul 2023 | $570,000 |
|---|---|
| Market movement in Marlborough District since the council valuation | +0.7% |
| How Mayfield sells against council values | −1.1% |
| Homes of this age in Mayfield | +0.3% |
| Homes in this price range | +0.8% |
| Nearby recent sales (15) | +0.5% |
| Its own sale in 2018 | +0.7% |
| Our estimate | $581,000 |
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 4 Mill Stream Lane
Estimated repayments
$1,083
$464,000 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 $112 less a fortnight — about $2,912 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$1,083/fn
ICBC4.65%s$1,104/fn
Bank of China4.68%s$1,108/fn
AIA New Zealand4.99%$1,148/fn
ANZ Bank New Zealand4.99%s$1,148/fn
ASB Bank4.99%$1,148/fn
Bank of Baroda4.99%$1,148/fn
Police Credit Union4.99%$1,148/fn
Unity Credit Union4.99%s$1,148/fn
Kiwibank5.15%s$1,169/fn
Bank of New Zealand5.19%$1,174/fn
SBS Bank5.19%s$1,174/fn
The Co-operative Bank5.19%s$1,174/fn
TSB Bank5.19%s$1,174/fn
Westpac New Zealand5.19%s$1,174/fn
First Credit Union5.29%s$1,187/fn- Kookmin Bank Auckland Branch5.35%$1,195/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 4 Mill Stream Lane. 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
4 Mill Stream Lane as a rental
Rent estimate$580/wk$500–$670 · Little evidence
Gross yield5.2%$30,160 a year on $581k
Net yield4.3%After $5,336 of costs
Cash flow+$84/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $30,160 |
|---|---|
| Empty between tenants 2 weeks | −$1,160 |
| Property management 9.2% incl. GST | −$2,668 |
| Maintenance 5% of rent | −$1,508 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $24,824 |
| Interest $406,700 at 5.03%, interest only | −$20,457 |
| Cash flow before tax | +$4,367 |
The rent covers the interest at rates up to 6.10%. That is 2.5% a year on a $174k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area151 m²
- Decade built1960s
- Bedrooms3
- Bathrooms1
- Parking5 car spaces
- Property categoryUse not published
- CouncilMarlborough District
- Valuation #20520-54504
- 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 numberMB1B/460
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 3 Deposited Plan 2870, 845 m2
- Land area844 m²
- Title issued8 May 1964
- Land districtMarlborough
Instruments on this title3 registered instrumentsEasement Certificate · Grant of Easement Without Transfer · 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 · 14 land use or subdivision consents within 250 m.
Within 250 m
- 27 Sep 2024Subdivision
To subdivide Lot 4 DP 1477 and Lot 23 DP 3414 to create four allotments and road to vest
240966.01 · Marlborough District249 mGranted - 11 Apr 2024Land use
Retrospective consent to use a converted shed for the purpose of a second dwellinghouse where the dwelling wall is closer than 1 metre from the boundary on Lot 2 DP 3292.
240361.02 · Marlborough District98 mGranted - 11 Apr 2024Land use
Retrospective consent to use a dwelling house for visitor accommodation for a maximum of five (5) visitors on Lot 2 DP 3292.
240361.01 · Marlborough District103 mGranted - 7 Feb 2024Subdivision
To update a cross lease title with the addition of a lean-to porch/garage to the lease area of Flat 1 on Lot 1 DP 4636
240095.01 · Marlborough District248 mGranted - 25 Jan 2023Subdivision
To subdivide the five dwellings on Lot 1 DP 5940 (authorised under the Land Use consent) into separate allotments.
230040.02 · Marlborough District245 mGranted - 25 Jan 2023Land use
To construct a complex of five dwellings on Lot 1 DP 5940 each with a net site area below 290m² with reduced outdoor amenity area for dwelling 4, and to authorise recession plane encroachments on the northern and southern boundaries of Lot 1 DP 5940 and for the new internal boundaries between proposed Lots 2, 3 and 4, and to erect a fence on the western boundary at 2.1m high
230040.01 · Marlborough District250 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 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 Mayfield
Marlborough District
824
Properties on the rating roll
1 Jul 2023
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 Mayfield
People whose office is within 5 km of Mayfield, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
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Michael LavenSalesperson
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Andrew PoswilloSalesperson
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Grant ThorpeAgent
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Zak ThorpeAgent
Jacqueline BullSalesperson
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Martyn BirchSalesperson
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Graham BodenSalesperson
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Michelle CaldwellSalesperson
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Mark DavisAgent
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Amy EylesSalesperson
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Jack FeaversSalesperson
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Katie GibbonsSalesperson
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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