Estimate $823k – $1.10m
4
106 Oakley Avenue, Springlands
Title boundary · 701 m² · LINZ
Unclaimed
3 Albert Grove, Springlands
Blenheim · Marlborough District
Last sold Aug 2020
What you’ll love about this place
- Waterfront: the land runs down to the coast
From LINZ's topographic maps: how near the land comes to the water's edge.
OwnBetter estimate
$960k
Medium confidence
We estimate it would sell for $960,000 as at 5 October 2026, in a range of $821,000 to $1,090,000.
Typical home in Springlands
$750k
The median of our estimates of its 1,901 homes
$821kLow
$930kCouncil value
$960kEstimate
$1.09mHigh
How we worked this out
| Council valuation, Jul 2023 | $930,000 |
|---|---|
| Market movement in Marlborough District since the council valuation | +0.7% |
| How Springlands sells against council values | +0.1% |
| Homes of this age in Springlands | +1.0% |
| Homes in this price range | −1.7% |
| Nearby recent sales (15) | +3.1% |
| Our estimate | $960,000 |
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 3 Albert Grove
Estimated repayments
$1,793
$768,000 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 $185 less a fortnight — about $4,819 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$1,793/fn
ICBC4.65%s$1,827/fn
Bank of China4.68%s$1,833/fn
AIA New Zealand4.99%$1,900/fn
ANZ Bank New Zealand4.99%s$1,900/fn
ASB Bank4.99%$1,900/fn
Bank of Baroda4.99%$1,900/fn
Police Credit Union4.99%$1,900/fn
Unity Credit Union4.99%s$1,900/fn
Kiwibank5.15%s$1,935/fn
Bank of New Zealand5.19%$1,943/fn
SBS Bank5.19%s$1,943/fn
The Co-operative Bank5.19%s$1,943/fn
TSB Bank5.19%s$1,943/fn
Westpac New Zealand5.19%s$1,943/fn
First Credit Union5.29%s$1,965/fn- Kookmin Bank Auckland Branch5.35%$1,978/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 3 Albert Grove. 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
3 Albert Grove as a rental
Rent estimate$745/wk$650–$860 · Little evidence
Gross yield4.0%$38,740 a year on $960k
Net yield3.3%After $6,854 of costs
Cash flow−$37/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $38,740 |
|---|---|
| Empty between tenants 2 weeks | −$1,490 |
| Property management 9.2% incl. GST | −$3,427 |
| Maintenance 5% of rent | −$1,937 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $31,886 |
| Interest $672,000 at 5.03%, interest only | −$33,802 |
| Cash flow before tax | −$1,916 |
The rent covers the interest at rates up to 4.74%. That is -0.7% a year on a $288k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area203 m²
- Decade built2020s
- Bedrooms4
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilMarlborough District
- Valuation #20261-52642
- 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 number929200
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 39 Deposited Plan 546194, 701 m2
- Land area701 m²
- Title issued18 Sep 2020
- Land districtMarlborough
Instruments on this title5 registered instrumentsLand Covenant under s116(1)(a) or (b) Land Transfer Act 2017 ×2 · Consent Notice under s221(4)(a) Resource Management Act 1991 · Easement Instrument · 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
Building work the council has consented on this property, newest first. 1 consent on record.
- 1 May 2021New$480,018 declared
Dwg
Consent BC210443 · Marlborough District
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 25 land use or subdivision consents within 250 m.
Within 250 m
- 7 Oct 2022Subdivision
To change conditions 1 & 2 of U210083.03 and change condition 1 of U210083.04 to alter the stage boundary between Stage 9A and 9B.
210083.127.02.01 · Marlborough District227 mGranted - 23 Jun 2022Subdivision
To subdivide Lots 110 & 111 DP 570928 into two new lots as a boundary adjustment
220479.01 · Marlborough District109 mGranted - 22 Jun 2022Land use
To undertake earthworks on Lot 500 (Created on subdivision U210083.04) associated with construction of the subdivision, including, but not limited to, construction of roads, trenching for services, localised filling on allotments and berms as required, and sampling and remediation works associated with contaminated soils.
220482.06 · Marlborough District197 mGranted - 22 Jun 2022Land use
To authorise the vehicle crossing for Lots 170, 171 & 181 to be located within 20m from an intersection.
220482.07 · Marlborough District168 mGranted - 22 Jun 2022Subdivision
Stage 10C - To subdivide Lot 500 (created on Stage 10B) to create 9 residential allotments, a balance lot (Lot 500), and road to vest in the Marlborough District Council.
220482.03 · Marlborough District197 mGranted - 22 Jun 2022Subdivision
Stage 11A - To subdivide Lot 500 (created on Stage 10C) to create 12 residential allotments, a balance land (Lots 198 & 500 to be held together), and road to vest in the Marlborough District Council.
220482.04 · Marlborough District161 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
Nobody is tracking this property yet
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.
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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 Springlands
Marlborough District
2,114
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 Springlands
People whose office is within 5 km of Springlands, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Norman BlakistonBranch Manager
Stephen CrockettSalesperson
McGregor LyonsSalesperson
Kenneth McLeodSalesperson
Naomi AllcuttSalesperson
Julie AmbroseSalesperson
Jake ArnesenSalesperson
Alan AtkinsAgent
Michael BuysSalesperson
Tracey CharlettBranch Manager
Wade CorneliusBranch Manager
Arron CoxSalesperson
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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