Estimate $821k – $1.09m
3
6B Dart Place, Fernhill
Shared parcel · 578 m² · LINZ
Unclaimed
35A Watts Road, Fernhill
Queenstown · Queenstown-Lakes District
Last sold Sept 2018
OwnBetter estimate
$1.01m
Medium confidence
We estimate it would sell for $1,010,000 as at 5 October 2026, in a range of $904,000 to $1,150,000.
Typical home in Fernhill
$1.32m
The median of our estimates of its 782 homes
$860kCouncil value
$904kLow
$1.01mEstimate
$1.15mHigh
How we worked this out
| Council valuation, Sept 2024 | $860,000 |
|---|---|
| Market movement in Queenstown-Lakes District since the council valuation | +6.4% |
| How Fernhill sells against council values | +1.3% |
| Homes of this age in Fernhill | +1.1% |
| Homes in this price range | −0.8% |
| Land as a share of the value | −0.1% |
| Nearby recent sales (15) | +3.2% |
| Its own sale in 2018 | +4.9% |
| Our estimate | $1,010,000 |
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 35A Watts Road
Estimated repayments
$1,886
$808,000 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 $195 less a fortnight — about $5,070 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$1,886/fn
ICBC4.65%s$1,922/fn
Bank of China4.68%s$1,929/fn
AIA New Zealand4.99%$1,999/fn
ANZ Bank New Zealand4.99%s$1,999/fn
ASB Bank4.99%$1,999/fn
Bank of Baroda4.99%$1,999/fn
Police Credit Union4.99%$1,999/fn
Unity Credit Union4.99%s$1,999/fn
Kiwibank5.15%s$2,035/fn
Bank of New Zealand5.19%$2,044/fn
SBS Bank5.19%s$2,044/fn
The Co-operative Bank5.19%s$2,044/fn
TSB Bank5.19%s$2,044/fn
Westpac New Zealand5.19%s$2,044/fn
First Credit Union5.29%s$2,068/fn- Kookmin Bank Auckland Branch5.35%$2,081/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 35A Watts 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
35A Watts Road as a rental
Rent estimate$765/wk$660–$880 · Little evidence
Gross yield3.9%$39,780 a year on $1.01m
Net yield3.2%After $7,038 of costs
Cash flow−$54/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $39,780 |
|---|---|
| Empty between tenants 2 weeks | −$1,530 |
| Property management 9.2% incl. GST | −$3,519 |
| Maintenance 5% of rent | −$1,989 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $32,742 |
| Interest $707,000 at 5.03%, interest only | −$35,562 |
| Cash flow before tax | −$2,820 |
The rent covers the interest at rates up to 4.63%. That is -0.9% a year on a $303k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area110 m²
- Decade built1990s
- Bedrooms3
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29108-40000-A
- 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 numberOT16A/592
- Title typeUnit Title
- Estate descriptionStratum in Freehold, 1/1, Unit A and Accessory Unit A1 and A2 Deposited Plan 24004
- Title issued24 Aug 1994
- Land districtOtago
Instruments on this title2 registered instrumentsEasement 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
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 · 25 land use or subdivision consents within 250 m.
Within 250 m
- 13 Nov 2024Land use
A KULKARNI - RESIDENTIAL VISITOR ACCOMMODATION AT THE SITE FOR UP TO 365 DAYS PER YEAR AT 15A MACKINNON TERRACE, SUNSHINE BAY, QUEENSTOWN
RM240950 · Queenstown-Lakes District209 mGranted - 25 Aug 2022Land use
M RIGBY & J LYNDON - RESIDENTIAL VISITOR ACCOMMODATION FOR UP TO 180 NIGHTS PER YEAR, FOR UP TO 8 GUESTS AT 31 DART PLACE, QUEENSTOWN
RM220687 · Queenstown-Lakes District184 mGranted - 16 Jun 2022Land use
T HALL - APPLICATION UNDER SECTION 88 OF THE RESOURCE MANAGEMENT ACT 1991 (RMA) TO UNDERTAKE RESIDENTIAL VISITOR ACCOMMODATION (RVA) FOR A MAXIMUM OF SIX PEOPLE FOR UP TO 180 NIGHTS PER YEAR FROM AN EXISTING RESIDENTIAL UNIT AT 18 WILLIAMS STREET, SUNSHINE BAY, QUEENSTOWN
RM220495 · Queenstown-Lakes District220 mGranted - 1 Sep 2021Land use
A BOLT & K SMITH - TO UNDERTAKE VISITOR ACCOMMODATION (ODP) / RESIDENTIAL VISITOR ACCOMMODATION (PDP) ACTIVITY FROM AN EXISTING RESIDENTIAL UNIT AND ASSOCIATED RESIDENTIAL FLAT, FOR A MAXIMUM OF EIGHT (8) GUESTS FOR UP TO 180 NIGHTS PER YEAR, AND TO BREACH TRANSPORT STANDARDS IN REGARD TO MOBILITY P
RM191147 · Queenstown-Lakes District77 mGranted - 11 Jan 2021Land use
K GUDA - USE OF TWO RESIDENTIAL UNITS FOR VISITOR ACCOMMODATION FOR UP TO TEN GUESTS FOR UP TO 180 DAYS PER YEAR AT 21A AND 21B WATTS ROAD, FERNHILL
RM201075 · Queenstown-Lakes District162 mGranted - 16 Jul 2020Land use
S LYNDON, M BETTY & P LYNDON - LAND USE CONSENT FOR THE CONSTRUCTION OF A RETAINING WALL AT 57A DART PLACE, QUEENSTOWN
RM200529 · Queenstown-Lakes District192 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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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 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
1,002
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.
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Agents active in Fernhill
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.
Tabaruk LivaSalesperson
Independent
Brehan CairnsSalesperson
Independent
Kate FairmaidBranch Manager
Independent
Michelle McCormackSalesperson
Independent
Matthew SampsonSalesperson
Ray White
William ChengSalesperson
Ray White
Elliot FellSalesperson
Ray White
Ashley FogelSalesperson
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Michael FreemanSalesperson
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Stephen HanrahanSalesperson
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Sarah MitchellSalesperson
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John MurphyAgent
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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