Title boundary · 10,021 m² · LINZ
Unclaimed

386 Littles Road, Dalefield

Queenstown · Queenstown-Lakes District

Last sold Jan 2023

OwnBetter estimate
$5.26m
Medium confidence

We estimate it would sell for $5,260,000 as at 5 October 2026, in a range of $4,720,000 to $5,990,000.

Typical home in Dalefield
$4.46m
The median of our estimates of its 236 homes
How we worked this out
Council valuation, Sept 2024$4,480,000
Market movement in Queenstown-Lakes District since the council valuation+6.4%
How Dalefield sells against council values+1.0%
Homes of this age in Dalefield−0.4%
Land as a share of the value−0.1%
Nearby recent sales (10)+0.1%
Its own sale in 2023+9.7%
Our estimate$5,260,000

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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What it costs to live here

Home expense estimates

Mortgage: open the section
$21,296a month, all in

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

What it would cost to buy 386 Littles Road

Every rate from 36 lenders →
Estimated repayments
$9,824
$4,208,000 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
Average5.03%
Highest5.35%Kookmin

The lowest rather than the highest is $1,016 less a fortnight — about $26,406 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$9,824/fn
  • ICBC4.65%s$10,010/fn
  • Bank of China4.68%s$10,045/fn
  • AIA New Zealand4.99%$10,409/fn
  • ANZ Bank New Zealand4.99%s$10,409/fn
  • ASB Bank4.99%$10,409/fn
  • Bank of Baroda4.99%$10,409/fn
  • Police Credit Union4.99%$10,409/fn
  • Unity Credit Union4.99%s$10,409/fn
  • Kiwibank5.15%s$10,600/fn
  • Bank of New Zealand5.19%$10,647/fn
  • SBS Bank5.19%s$10,647/fn
  • The Co-operative Bank5.19%s$10,647/fn
  • TSB Bank5.19%s$10,647/fn
  • Westpac New Zealand5.19%s$10,647/fn
  • First Credit Union5.29%s$10,768/fn
  • Kookmin Bank Auckland Branch5.35%$10,840/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 386 Littles Road. 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

386 Littles Road as a rental

Rent estimate$1,115/wk$970–$1,280 · Little evidence
Gross yield1.1%$57,980 a year on $5.26m
Net yield0.9%After $10,258 of costs
Cash flow−$2,644/wk30% deposit, interest only at 5.03%
Line
Price Our estimate
Deposit
Interest rate 5.03% is today’s 1-year average
Rent a week our estimate $1,115
Property manager
Rent, 52 weeks$57,980
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$47,722
Interest $3,682,000 at 5.03%, interest only−$185,205
Cash flow before tax−$137,483
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 1.30%. That is -8.7% a year on a $1.58m deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area315 m²
  • Decade built2000s
  • Bedrooms4
  • Bathrooms3
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilQueenstown-Lakes District
  • Valuation #29071-7901
  • 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 number32880
  • Title typeFreehold
  • Estate descriptionFee Simple, 1/1, Lot 1 Deposited Plan 308521, 10,000 m2
  • Legal descriptionLot 1 Deposited Plan 308521
  • Land area10,021 m²
  • Title issued10 Jul 2002
  • Land districtOtago
Instruments on this title4 registered instrumentsConsent Notice under s221(4)(a) Resource Management Act 1991 · Easement Certificate · Grant of Easement Without Transfer · Variation of Consent Notice Condition under s221(5) Resource Management Act 1991 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. 4 consents on record.

  1. 29 Feb 2024
    Adds/Alts$250,000 declared

    Alterations to existing dwelling - create multi-unit dwelling via alterations to garage and connection of garage to main dwelling - 386 Littles Road, Dalefield

    Consent BC240034 · Queenstown-Lakes District
  2. 17 Jun 2021
    Adds/Alts$4,000 declared

    Alt to dwg - install a new woodsman serene woodbox free standing wood burner. 386 littles Rd, Queenstown

    Consent BC210634 · Queenstown-Lakes District
  3. 7 Mar 2017
    Adds/Alts$98,975 declared

    Alterations and Additions to Dwelling - Subject to modification of B2.3.1 which applies from the 31st Dec 2015 onstead pf the date of Code Compliance Certificate Issue.

    Consent BC141410 · Queenstown-Lakes District
  4. Date not published
    New$200,000 declared

    New Dwelling - Subject to modification of B2.3.1 which applies from 2003 instead of date of Code Compliance Certificate issue

    Consent BC020836 · Queenstown-Lakes District

Resource consents

What the council has been asked to allow under the Resource Management Act. None on this property · 3 land use or subdivision consents within 250 m.

Within 250 m

  1. 14 Dec 2023
    Land use

    B MORGANS - TO UNDERTAKE ADDITIONS AND ALTERATIONS TO THE EXISTING BUILDINGS OUTSIDE THE BUILDING PLATFORM AND WITHIN THE ROAD BOUNDARY SETBACK; AND TO VARY CONDITION 5 OF CONSENT NOTICE 5280309.4 AND CHANGE CONDITION 1 OF RM020494 AT 386 LITTLES ROAD, QUEENSTOWN

    RM230934 · Queenstown-Lakes District
    19 mGranted
  2. 21 Mar 2017
    Land use

    LAND USE CONSENT FOR ALTERATIONS TO AN EXISTING ACCESSORY BUILDING TO ESTABLISH A RESIDENTIAL FLAT & TO INSTALL TWO WATER TANKS WITHIN SEPARATE INTERNAL BOUNDARIES THAT ARE OUTSIDE AN APPROVED BUILDING PLATFORMAT 378 LITTLES ROAD, WAKATIPU BASIN

    RM170262 · Queenstown-Lakes District
    180 mGranted
  3. 21 Sep 2015
    Land use

    APPLICATION UNDER SECTION 88 OF THE RESOURCE MANAGEMENT ACT 1991 (RMA) FOR LAND USE CONSENT TO UNDERTAKE EXTENSIONS AND ALTERATIONS TO AN EXISTING DWELLING THAT IS NOT CONTAINED WITHIN A REGISTERED BUILDING PLATFORM AT 389 LITTLES ROAD, WAKATIPU BASIN

    RM150744 · Queenstown-Lakes District
    161 mGranted

Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents

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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.

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What could you build here?

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About Dalefield

Queenstown-Lakes District
256
Properties on the rating roll
1 Sep 2024
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.

Agents active in Dalefield

People whose office is within 5 km of Dalefield, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.

Who sold the most in Dalefield →

The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.

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