Finding a picture…
Estimate $1.11m – $1.41m
3
58A Dart Place, Fernhill
Shared parcel · 966 m² · LINZ
Unclaimed
34A Avalon Crescent, Fernhill
Also 34B Avalon CrescentQueenstown · Queenstown-Lakes District
Last sold May 2015
Rent estimate · 23 Oct 2026
$760 – $1,000/week
Most likely about $870 a week · Little evidence: a rough guide
Estimated rental yield
3.5%
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $870 × 52 weeks = $45,240, against the council valuation of $1,310,000. 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 | $870 | 100% |
We read this property as an apartment with 3 bedrooms. 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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Thinking of buying?Free pre-purchase running cost report Mortgage repayments, this year’s council rates, and estimates for insurance, electricity, gas and internet at this address — saved to your watchlist.
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 34A Avalon Crescent
Estimated repayments
$2,447
$1,048,000 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 $253 less a fortnight — about $6,576 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$2,447/fn
ICBC4.65%s$2,493/fn
Bank of China4.68%s$2,502/fn
AIA New Zealand4.99%$2,592/fn
ANZ Bank New Zealand4.99%s$2,592/fn
ASB Bank4.99%$2,592/fn
Bank of Baroda4.99%$2,592/fn
Police Credit Union4.99%$2,592/fn
TSB Bank4.99%s$2,592/fn
Unity Credit Union4.99%s$2,592/fn
Kiwibank5.15%s$2,640/fn
Bank of New Zealand5.19%$2,652/fn
SBS Bank5.19%s$2,652/fn
The Co-operative Bank5.19%s$2,652/fn
Westpac New Zealand5.19%s$2,652/fn
First Credit Union5.29%s$2,682/fn- Kookmin Bank Auckland Branch5.35%$2,700/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 34A Avalon Crescent. 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
34A Avalon Crescent as a rental
Rent estimate$870/wk$760–$1,000 · Little evidence
Gross yield3.5%$45,240 a year on $1.31m
Net yield2.8%After $8,004 of costs
Cash flow−$169/wk30% deposit, interest only at 5.02%
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $870 | ||
| Property manager | ||
| Rent, 52 weeks | $45,240 | |
| Empty between tenants 2 weeks | ||
| Property management 9.2% incl. GST | ||
| Maintenance 5% of rent | ||
| Council rates this year | ||
| Landlord insurance the building | ||
| Body corporate levy operating levy | ||
| Net income before interest | $37,236 | |
| Interest $917,000 at 5.02%, interest only | −$46,033 | |
| Cash flow before tax | −$8,797 | |
| Cash flow a week | −$169 | |
| Gross / net yield on the price | 3.5% / 2.8% | |
| Return on equity cash flow on the deposit, before tax | −2.2% | |
| Loses money above this interest rate, before tax | 4.06% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 4.06%. That is -2.2% a year on a $393k deposit. We don’t know this unit’s body corporate levy yet: type it in, or ask the agent for the disclosure statement. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area117 m²
- Decade built2010s
- Bedrooms3
- Bathrooms1
- Parking2 car spaces
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29109-34200-B
- 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 and land
Order a title record- Title number626180
- Title typeUnit TitleGuaranteedStandard registered title
- Estate descriptionStratum in Freehold, 1/1, Principal Unit 2 and Accessory Unit 2A, 2B Deposited Plan 467595
- Legal descriptionPrincipal Unit 2 and Accessory Unit 2A, 2B Deposited Plan 467595
- Title issued5 Dec 2013
- Land districtOtago
- Addresses on this property2
Registered instruments1 registered instrument on this title, 2 on the buildingCovenant (All types except Land covenants) · Mortgage · Unit Titles Act 2010 - Assessment of ownership interests - s32(2)(b) & (3)(b) 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
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. 1 on this property · 25 land use or subdivision consents within 250 m.
On this property
- 27 Apr 2017Land use
VISITOR ACCOMMODATION UP TO 365 DAYS PER YEAR AT 34A AVALON CRESCENT, FERNHILL
RM170035 · Queenstown-Lakes DistrictGranted
Within 250 m
- 13 May 2025Land use
P BARTLETT, S SCHWENDEMANN & B MACKAY - OUR (4) LOT SUBDIVISION AND CREATION OF A RIGHT OF WAY; CONSTRUCTION OF FOUR (4) RESIDENTIAL UNITS & FOUR (4) RESIDENTIAL FLATS WITH ASSOCIATED BREACHES TO DENSITY, HEIGHT, COVERAGE, AND EARTHWORK STANDARDS AT 14 & 16 AVALON CRESCENT, QUEENSTOWN
RM240567.1 · Queenstown-Lakes District123 mGranted - 13 May 2025Subdivision
P BARTLETT, S SCHWENDEMANN & B MACKAY - OUR (4) LOT SUBDIVISION AND CREATION OF A RIGHT OF WAY; CONSTRUCTION OF FOUR (4) RESIDENTIAL UNITS & FOUR (4) RESIDENTIAL FLATS WITH ASSOCIATED BREACHES TO DENSITY, HEIGHT, COVERAGE, AND EARTHWORK STANDARDS AT 14 & 16 AVALON CRESCENT, QUEENSTOWN
RM240567.2 · Queenstown-Lakes District123 mGranted - 16 Oct 2024Land use
F COUSINIE - APPLICATION UNDER SECTION 88 OF THE RESOURCE MANAGEMENT ACT 1991 (RMA) FOR THE REVISED RESIDENTIAL UNIT TO ENCROACH INTO THE INTERNAL BOUNDARY SETBACK AND RETAINED EARTHWORKS PROXIMITY TO BOUNDARY BREACH. APPLICATION UNDER SECTION 127 OF THE RESOURCE MANAGEMENT ACT 1991 (RMA) TO CHANGE
RM240844 · Queenstown-Lakes District229 mGranted - 11 Oct 2024Land use
J LEE & Y CHEN - LAND USE CONSENT TO CONSTRUCT AN ACCESSORY BUILDING WITHIN A BOUNDARY SETBACK AT 27 LOCHY ROAD, FERNHILL, QUEENSTOWN
RM240838 · Queenstown-Lakes District249 mGranted - 4 Jun 2024Land use
H & K ROSS & MACKY TRUSTEE COMPANY LIMITED - TO UNDERTAKE RESIDENTIAL VISITOR ACCOMMODATION FOR UP TO 180 NIGHTS PER YEAR FOR 6 GUESTS, WITH A TWO-NIGHT MINIMUM STAY, AND A MOBILITY PARKING SHORTFALL AT 13 CAPLES PLACE, FERNHILL, QUEENSTOWN
RM240300 · Queenstown-Lakes District161 mGranted - 30 Oct 2023Land use
D WALKER - TO UNDERTAKE RESIDENTIAL VISITOR ACCOMMODATION FROM AN EXISTING RESIDENTIAL UNIT FOR A MAXIMUM OF FOUR PEOPLE FOR UP TO 365 NIGHTS PER ANNUM AT 19 AVALON CRESCENT FERNHILL QUEENSTOWN
RM230806 · Queenstown-Lakes District63 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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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.
Ask Otago Regional CouncilWhat 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 Fernhill
Queenstown-Lakes District
1,068
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. 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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People whose office is within 5 km of Fernhill, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
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