Title boundary · 1,029 m² · LINZ
Unclaimed

2 Boyes Crescent, Frankton

Queenstown · Queenstown-Lakes District

Last sold Aug 2002

OwnBetter estimate
$1.96m
Medium confidence

We estimate it would sell for $1,960,000 as at 5 October 2026, in a range of $1,670,000 to $2,220,000.

Typical home in Frankton
$1.26m
The median of our estimates of its 1,390 homes
How we worked this out
Council valuation, Sept 2024$1,850,000
Market movement in Queenstown-Lakes District since the council valuation+6.4%
How Frankton sells against council values−0.3%
Homes of this age in Frankton+1.0%
Homes in this price range−1.5%
Land as a share of the value+0.4%
Nearby recent sales (15)−0.2%
Our estimate$1,960,000

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 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
$7,936a 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 2 Boyes Crescent

Every rate from 36 lenders →
Estimated repayments
$3,661
$1,568,000 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 $378 less a fortnight — about $9,840 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$3,661/fn
  • ICBC4.65%s$3,730/fn
  • Bank of China4.68%s$3,743/fn
  • AIA New Zealand4.99%$3,879/fn
  • ANZ Bank New Zealand4.99%s$3,879/fn
  • ASB Bank4.99%$3,879/fn
  • Bank of Baroda4.99%$3,879/fn
  • Police Credit Union4.99%$3,879/fn
  • Unity Credit Union4.99%s$3,879/fn
  • Kiwibank5.15%s$3,950/fn
  • Bank of New Zealand5.19%$3,967/fn
  • SBS Bank5.19%s$3,967/fn
  • The Co-operative Bank5.19%s$3,967/fn
  • TSB Bank5.19%s$3,967/fn
  • Westpac New Zealand5.19%s$3,967/fn
  • First Credit Union5.29%s$4,012/fn
  • Kookmin Bank Auckland Branch5.35%$4,039/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 2 Boyes 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

2 Boyes Crescent as a rental

Rent estimate$1,065/wk$930–$1,220 · Little evidence
Gross yield2.8%$55,380 a year on $1.96m
Net yield2.3%After $9,798 of costs
Cash flow−$451/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 $1,065
Property manager
Rent, 52 weeks$55,380
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$45,582
Interest $1,372,000 at 5.03%, interest only−$69,012
Cash flow before tax−$23,430
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 3.32%. That is -4.0% a year on a $588k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area140 m²
  • Decade built1960s
  • Bedrooms3
  • Bathrooms2
  • Parking1 car space
  • Property categoryUse not published
  • CouncilQueenstown-Lakes District
  • Valuation #29101-20700
  • 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 numberOTA2/261
  • Title typeFreehold
  • Estate descriptionFee Simple, 1/1, Section 1 Block VII Town of Frankton, 1,096 m2
  • Land area1,029 m²
  • Title issued14 Sep 1964
  • Land districtOtago
Instruments on this title3 registered instrumentsGazette Notice/Order in Council/Proclamation · Land Covenant under s116(1)(a) or (b) Land Transfer Act 2017 · 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

Building work the council has consented on this property, newest first. 1 consent on record.

  1. Date not published
    Adds/Alts$10,000 declared

    Alteration To Existing Dwelling

    Consent BC940648 · Queenstown-Lakes District

Resource consents

What the council has been asked to allow under the Resource Management Act. None on this property · 10 land use or subdivision consents within 250 m.

Within 250 m

  1. 31 Jul 2020
    Land use

    MINISTRY OF EDUCATION - OUTLINE PLAN TO ESTABLISH A TEMPORARY CLASSROOM FOR FIVE YEARS AT 49-52 LAKE AVENUE, FRANKTON, QUEENSTOWN

    RM200514 · Queenstown-Lakes District
    190 mGranted
  2. 4 Mar 2020
    Land use

    APPLICATION UNDER SECTION 88 OF THE RESOURCE MANAGEMENT ACT 1991 (RMA) FOR LAND USE CONSENT TO OPERATE RESIDENTIAL VISITOR ACCOMMODATION ACTIVITIES FROM TWO RESIDENTIAL UNITS (BOTH FOR A MAXIMUM OF 7 PERSONS AT ANY ONE TIME) AND ONE RESIDENTIAL FLAT (FOR A MAXIMUM OF FOUR PERSONS

    RM200184 · Queenstown-Lakes District
    99 mGranted
  3. 5 Dec 2019
    Land use

    OUTLINE PLAN FOR NEW SCHOOL CLASS ROOM AND LIBRARY TOGETHER WITH 1ST FLOOR STAFF ROOM EXTENSION AT REMARKABLES PRIMARY SCHOOL, 49 LAKE AVENUE, FRANKTON

    RM191298 · Queenstown-Lakes District
    190 mGranted
  4. 27 Nov 2019
    Land use

    ALTERATIONS AND ADDITIONS TO AN EXISTING RESIDENTIAL UNIT RESULTING IN A BREACH OF THE INTERNAL BOUNDARY SETBACK AND EARTHWORKS CUT IN RELATION TO BOUNDARY RULES AT 20 HUMPHREY STREET, FRANKTON

    RM191288 · Queenstown-Lakes District
    238 mGranted
  5. 29 Jul 2019
    Land use

    TO USE AN EXISTING RESIDENTIAL DWELLING FOR SHORT STAY FEE PAYING VISITOR ACCOMMODATION FOR UP TO 90 NIGHTS PER YEAR AT 19 WILMOT AVENUE, FRANKTON

    RM190778 · Queenstown-Lakes District
    171 mGranted
  6. 27 Nov 2018
    Land use

    LAND USE CONSENT TO UNDERTAKE VISITOR ACCOMMODATION FOR A MAXIMUM OF 8 PERSONS FROM AN EXISTING RESIDENTIAL UNIT FOR UP TO 180 DAYS PER CALENDAR YEAR AT 18 BOYES CRESCENT, FRANKTON

    RM181585 · Queenstown-Lakes District
    138 mGranted

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

Unclaimed
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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 Council

What 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 Frankton

Queenstown-Lakes District
2,446
Properties on the rating roll
1 Sep 2024
Last council revaluation
Buyer demand

8 people looked at properties in Frankton 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 Frankton

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

Independent
Bronte AdamsSalesperson
Walker & CoOffice in this suburbView profile →
Independent
Sharee AitkenSalesperson
Office in this suburbView profile →
Michael AllenSalesperson
Bayleys (Queenstown And Southern NZ Realty)Office in this suburbView profile →
John ArchibaldSalesperson
Bayleys (Queenstown And Southern NZ Realty)Office in this suburbView profile →
Liam BeattieSalesperson
Bayleys (Queenstown And Southern NZ Realty)Office in this suburbView profile →
Independent
Nicole BellSalesperson
Office in this suburbView profile →
Independent
Peter BennettsSalesperson
Walker & CoOffice in this suburbView profile →
Independent
Warren BermanAgent
Mackersy PropertyOffice in this suburbView profile →
Independent
Scott BramwellAgent
Office in this suburbView profile →
Tinkerbell Brinsley-TurnerSalesperson
New Zealand Sotheby's International Realty FranktonOffice in this suburbView profile →
Hemi BrownSalesperson
Bayleys (Queenstown And Southern NZ Realty)Office in this suburbView profile →
Julian BrownSalesperson
New Zealand Sotheby's International Realty FranktonOffice in this suburbView profile →
Who sold the most in Frankton →

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

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