Estimate $1.97m – $2.49m
4
70 Wynyard Crescent, Fernhill
Title boundary · 830 m² · LINZ
Unclaimed
9 Matakauri Place, Fernhill
Queenstown · Queenstown-Lakes District
Last sold Feb 2024
OwnBetter estimate
$2.52m
Medium confidence
We estimate it would sell for $2,520,000 as at 5 October 2026, in a range of $2,260,000 to $2,860,000.
Typical home in Fernhill
$1.32m
The median of our estimates of its 782 homes
$2.26mLow
$2.35mCouncil value
$2.52mEstimate
$2.86mHigh
How we worked this out
| Council valuation, Sept 2024 | $2,350,000 |
|---|---|
| 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 | −0.5% |
| Homes in this price range | −0.2% |
| Land as a share of the value | +0.3% |
| Nearby recent sales (15) | −2.2% |
| Its own sale in 2024 | +1.9% |
| Our estimate | $2,520,000 |
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 9 Matakauri Place
Estimated repayments
$4,707
$2,016,000 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 $487 less a fortnight — about $12,651 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$4,707/fn
ICBC4.65%s$4,796/fn
Bank of China4.68%s$4,812/fn
AIA New Zealand4.99%$4,987/fn
ANZ Bank New Zealand4.99%s$4,987/fn
ASB Bank4.99%$4,987/fn
Bank of Baroda4.99%$4,987/fn
Police Credit Union4.99%$4,987/fn
Unity Credit Union4.99%s$4,987/fn
Kiwibank5.15%s$5,078/fn
Bank of New Zealand5.19%$5,101/fn
SBS Bank5.19%s$5,101/fn
The Co-operative Bank5.19%s$5,101/fn
TSB Bank5.19%s$5,101/fn
Westpac New Zealand5.19%s$5,101/fn
First Credit Union5.29%s$5,159/fn- Kookmin Bank Auckland Branch5.35%$5,193/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 9 Matakauri Place. 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
9 Matakauri Place as a rental
Rent estimate$1,115/wk$970–$1,280 · Little evidence
Gross yield2.3%$57,980 a year on $2.52m
Net yield1.9%After $10,258 of costs
Cash flow−$789/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $57,980 |
|---|---|
| Empty between tenants 2 weeks | −$2,230 |
| Property management 9.2% incl. GST | −$5,129 |
| Maintenance 5% of rent | −$2,899 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $47,722 |
| Interest $1,764,000 at 5.03%, interest only | −$88,729 |
| Cash flow before tax | −$41,007 |
The rent covers the interest at rates up to 2.71%. That is -5.4% a year on a $756k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area247 m²
- Decade built2010s
- Bedrooms3
- Bathrooms2
- Parking4 car spaces
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29109-5800
- 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 numberOT15B/1128
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 12 Deposited Plan 23538, 828 m2
- Legal descriptionLot 12 Deposited Plan 23538
- Land area830 m²
- Title issued24 Dec 1993
- Land districtOtago
Instruments on this title3 registered instrumentsDeed · Easement Certificate · Transfer 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
- 5 Nov 2024Land use
BEYOND HOMES LIMITED - LAND USE CONSENT TO CONSTRUCT TWO ADDITIONAL RESIDENTIAL UNITS WITH ASSOCIATED BREACHES OF DENSITY, FAÇADE LENGTH, BUILDING HEIGHT, EARTHWORKS AND CONSTRUCTION NOISE AT 14 SAINSBURY ROAD, FERNHILL, QUEENSTOWN
RM230898 · Queenstown-Lakes District239 mGranted - 23 Jul 2024Land use
COHERENT HOTEL LIMITED - VARIATION TO RM210350 (AS VARIED BY RM220039) TO CHANGE CONDITION 1 TO AMEND FLOOR LEVELS AND ROOF LINES, VARY THE CONSENTED LANDSCAPING, TERRACE LAYOUTS, CARPARKING, FIRE EGRESS AND STORMWATER SYSTEM, CLADDING AND MATERIALS, AND LAND USE CONSENT TO ADD A CHIMNEY FLUE, CHANG
RM240415 · Queenstown-Lakes District162 mGranted - 27 Mar 2024Land use
MARANELLO TRUST - UNDERTAKE RESIDENTIAL VISITOR ACCOMMODATION FOR UP TO 365 NIGHTS PER ANNUM, WITH ASSOCIATED TRANSPORT NON-COMPLIANCES AT 9 MATAKAURI PLACE, FERNHILL, QUEENSTOWN
RM240187 · Queenstown-Lakes District9 mGranted - 21 Nov 2023Land use
R WALSH - S88 FOR RESIDENTIAL VISITOR ACCOMMODATION FOR 180 NIGHTS IN EXISTING RESIDENTIAL UNIT AT 10 MATAKAURI PLACE, FERNHILL, QUEENSTOWN
RM230834 · Queenstown-Lakes District54 mGranted - 2 Feb 2023Land use
S & E THOMPSON - APPLICATION FOR 365 DAY VISITOR ACCOMMODATION AT 10A ASPEN GROVE, FERNHILL, QUEENSTOWN
RM221116 · Queenstown-Lakes District90 mGranted - 10 Oct 2022Land use
V CLARKE - LAND USE CONSENT TO UNDERTAKE 180 NIGHTS OF RESIDENTIAL VISITOR ACCOMMODATION FOR A MAXIMUM OF SIX (6) GUESTS PER YEAR, FROM AN EXISTING RESIDENTIAL UNIT AT 134B FERNHILL ROAD, QUEENSTOWN
RM220836 · Queenstown-Lakes District181 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
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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
Buyer demand
5 people looked at properties in Fernhill this week.
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
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Matthew SampsonSalesperson
Ray White
William ChengSalesperson
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Ashley FogelSalesperson
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Michael FreemanSalesperson
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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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