Enquiries Over $828,000
4 2 2
Family Home, Family Sized Section
30 Te Ara Crescent, Diamond Harbour
Harcourts Marlborough
Aerial · LINZ aerial
- 3
- 2
- 1
- 567 m²
- House
Invest, nest or rest
Deadline sale (will not be sold prior) 12pm, Wed 4 Nov 2026
Please copy and paste this website address into your internet browser to download the property file https://www.propertyfiles.co.nz/property/5531617
This delightful cottage has just been extensively renovated to a high standard and is ready for its next chapter.
North-facing, private, quiet and sheltered, with beautiful wide harbour views, this one is full of character and charm. The recent improvements include a new kitchen, new bathroom, partial double glazing, fresh interior and exterior paintwork, some new cladding, and an impressive multi-level kwila deck that creates the perfect place to sit and enjoy those excellent harbour views. Steps from the deck lead down to an enchanting, easy-care garden with established plantings and a variety of fruit trees.
Inside, you'll find two double bedrooms and a light-filled open-plan living space that flows seamlessly onto the deck and into a sunny conservatory, both enjoying superb water views. The home is bright, airy and presented in immaculate condition.
Adjacent to the house is another gem, a separate semi-self-contained studio. Complete with a bedsit, French doors opening to the garden, kitchenette, bathroom and single garage, it offers excellent flexibility. There is potential to convert the garage into additional living space if desired.
There is good under-house storage and easy access beneath the home. There's also a sheltered and partially covered BBQ area, which would also be an ideal place to have a spa.
Tucked away in a quiet no-exit street, this property is conveniently located close to the ferry and cafes. So many options here, with the rental potential of the studio, easy care as a holiday home, or a really nice place to call home and to enjoy all that this friendly and welcoming community has to offer. Vacant with immediate possession, you can be in by Christmas with a beautiful place to enjoy the summer holidays.
Nestled on the picturesque southern shores of Whakaraupō / Lyttelton Harbour, Diamond Harbour is just a 40-minute drive to Christchurch or a quick ferry ride to Lyttelton, and is within the zone for Cashmere High School with a free bus service for students. This charming coastal community is renowned for its breathtaking views, peaceful environment, and vibrant local culture, creating a tranquil and scenic lifestyle that is hard to beat. The community is well-served with local amenities, including its own kindy, school and medical centre. The area boasts an impressive selection of clubs and groups, ensuring there's something for everyone.
Rent estimate · 24 Oct 2026
$570 – $750/week
Most likely about $655 a week · Little evidence: a rough guide
Estimated rental yield
4.6%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $655 × 52 weeks = $34,060, against the council valuation of $740,000. 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 |
|---|---|---|
| From its value what rentals in the area typically yield | $654 | 100% |
We read this property as a house. 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.
These are computer-generated guides only, not a rental appraisal.
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.
Investor insights
31 Whero Avenue as a rental
Rent estimate$655/wk$570–$750 · Little evidence
Gross yield4.6%$34,060 a year on $740k
Net yield3.8%After $6,026 of costs
Cash flow−$59/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $655 | ||
| Property manager | ||
| Rent, 52 weeks | $34,060 | |
| 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 | $28,034 | |
| Interest $518,000 at 6.00%, interest only | −$31,080 | |
| Cash flow before tax | −$3,046 | |
| Cash flow a week | −$59 | |
| Gross / net yield on the price | 4.6% / 3.8% | |
| Return on equity cash flow on the deposit, before tax | −1.4% | |
| Loses money above this interest rate, before tax | 5.41% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 5.41%. That is -1.4% a year on a $222k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area130 m²
- Land area567 m²
- Property categoryRD196B
- Zoning (valuer’s record)9R
- CouncilChristchurch City
- Valuation #23804-18200
- Valuation date1 Aug 2025
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 numberCB494/80
- Title typeFreehold
- Legal descriptionLot 26 Deposited Plan 9607
Registered instrumentsChecking the register… See the title summary →
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
Getting around
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
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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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.
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.
Zoning (rating roll)9R
Reading the council's maps…
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 Diamond Harbour
Christchurch City
886
Properties on the rating roll
1 Aug 2025
Last council revaluation
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.
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