36A Avalon Crescent, Fernhill
Also 36B Avalon CrescentQueenstown · Queenstown-Lakes District
Last sold Jun 2017
What is rental yield?
Gross rental yield is a year’s rent as a share of what the property is worth: $735 × 52 weeks = $38,220, against the council valuation of $940,000. 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 | $737 | 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.
Sign in to rate this property, keep private notes on it and record what you think it is worth. Only you see them.
Home 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.
What it would cost to buy 36A Avalon Crescent
CCB · special
KookminThe lowest rather than the highest is $181 less a fortnight — about $4,719 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$1,756/fn
ICBC4.65%s$1,789/fn
Bank of China4.68%s$1,795/fn
AIA New Zealand4.99%$1,860/fn
ANZ Bank New Zealand4.99%s$1,860/fn
ASB Bank4.99%$1,860/fn
Bank of Baroda4.99%$1,860/fn
Police Credit Union4.99%$1,860/fn
TSB Bank4.99%s$1,860/fn
Unity Credit Union4.99%s$1,860/fn
Kiwibank5.15%s$1,894/fn
Bank of New Zealand5.19%$1,903/fn
SBS Bank5.19%s$1,903/fn
The Co-operative Bank5.19%s$1,903/fn
Westpac New Zealand5.19%s$1,903/fn
First Credit Union5.29%s$1,924/fn- Kookmin Bank Auckland Branch5.35%$1,937/fn
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
36A Avalon Crescent as a rental
| Line | ||
|---|---|---|
| Price Council valuation | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $735 | ||
| Property manager | ||
| Rent, 52 weeks | $38,220 | |
| 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 | $31,458 | |
| Interest $658,000 at 5.02%, interest only | −$33,032 | |
| Cash flow before tax | −$1,574 | |
| Cash flow a week | −$30 | |
| Gross / net yield on the price | 4.1% / 3.3% | |
| Return on equity cash flow on the deposit, before tax | −0.6% | |
| Loses money above this interest rate, before tax | 4.78% | |
The rent covers the interest at rates up to 4.78%. That is -0.6% a year on a $282k 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 area128 m²
- Decade built2000s
- Bedrooms3
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29109-34100-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 number135434
- Title typeUnit TitleGuaranteedStandard registered title
- Estate descriptionStratum in Freehold, 1/1, Unit A and Accessory Unit A1 Deposited Plan 333052
- Legal descriptionUnit A and Accessory Unit A1 Deposited Plan 333052
- Title issued15 Jul 2004
- Land districtOtago
- Addresses on this property2
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
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.
- Date not publishedNew$245,000 declared
Erect Two New Dwellings
Consent BC030731 · Queenstown-Lakes District
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
- 18 Mar 2019Land use
TO UNDERTAKE VA ACTIVITIES WITHIN AN EXISTING RESIDENTIAL UNIT FOR 6 GUESTS UP TO 365 DAYS A YEAR AT 36A AVALON CRESCENT, QUEENSTOWN
RM190231 · Queenstown-Lakes DistrictGranted
Within 250 m
- 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 District126 mGranted - 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 District126 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 District242 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 District176 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 District54 mGranted - 17 May 2023Land use
MOVENZ.COM LIMITED - VARIATION TO RM176022 TO AMEND ALLOTMENT LAYOUT SIZES AND ALLOW FOR REVERSE MANOEUVRING ONTO WYNYARD CRESCENT AT 46 WYNYARD CRESCENT, FERNHILL, QUEENSTOWN
RM230312 · Queenstown-Lakes District181 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
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.
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.
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
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.
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.
Claim it, then find everything else you own.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.