Estimate $2.02m – $2.57m
6
12 Humphrey Street, Frankton
Title boundary · 798 m² · LINZ
Unclaimed
33 Remarkables Crescent, Frankton
Queenstown · Queenstown-Lakes District
Last sold Dec 2015
OwnBetter estimate
$2.25m
Medium confidence
We estimate it would sell for $2,250,000 as at 5 October 2026, in a range of $1,920,000 to $2,560,000.
Typical home in Frankton
$1.26m
The median of our estimates of its 1,390 homes
$1.92mLow
$2.11mCouncil value
$2.25mEstimate
$2.56mHigh
How we worked this out
| Council valuation, Sept 2024 | $2,110,000 |
|---|---|
| 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 | −0.9% |
| Homes in this price range | −0.2% |
| Land as a share of the value | +0.3% |
| Nearby recent sales (15) | +1.2% |
| Our estimate | $2,250,000 |
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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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 33 Remarkables Crescent
Estimated repayments
$4,202
$1,800,000 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 $434 less a fortnight — about $11,295 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$4,202/fn
ICBC4.65%s$4,282/fn
Bank of China4.68%s$4,297/fn
AIA New Zealand4.99%$4,453/fn
ANZ Bank New Zealand4.99%s$4,453/fn
ASB Bank4.99%$4,453/fn
Bank of Baroda4.99%$4,453/fn
Police Credit Union4.99%$4,453/fn
Unity Credit Union4.99%s$4,453/fn
Kiwibank5.15%s$4,534/fn
Bank of New Zealand5.19%$4,555/fn
SBS Bank5.19%s$4,555/fn
The Co-operative Bank5.19%s$4,555/fn
TSB Bank5.19%s$4,555/fn
Westpac New Zealand5.19%s$4,555/fn
First Credit Union5.29%s$4,606/fn- Kookmin Bank Auckland Branch5.35%$4,637/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 33 Remarkables 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
33 Remarkables Crescent as a rental
Rent estimate$1,115/wk$970–$1,280 · Little evidence
Gross yield2.6%$57,980 a year on $2.25m
Net yield2.1%After $10,258 of costs
Cash flow−$606/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 $1,115 | ||
| Property manager | ||
| Rent, 52 weeks | $57,980 | |
| 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 | $47,722 | |
| Interest $1,575,000 at 5.03%, interest only | −$79,223 | |
| Cash flow before tax | −$31,501 | |
| Cash flow a week | −$606 | |
| Gross / net yield on the price | 2.6% / 2.1% | |
| Return on equity cash flow on the deposit, before tax | −4.7% | |
| Loses money above this interest rate, before tax | 3.03% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 3.03%. That is -4.7% a year on a $675k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area315 m²
- Decade built2020s
- Bedrooms5
- Bathrooms3
- Parking2 car spaces
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29101-40100
- 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 numberOT11A/106
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 17 Deposited Plan 19737, 796 m2
- Legal descriptionLot 17 Deposited Plan 19737
- Land area798 m²
- Title issued30 Jul 1986
- Land districtOtago
Registered instruments3 registered instruments on this titleDeed · Easement Certificate · Mortgage 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
Building work the council has consented on this property, newest first. 2 consents on record.
- 16 Jul 2019New$912,000 declared
New dwg
Consent BC190251 · Queenstown-Lakes District - Date not publishedNew$1,900 declared
Erect Accessory Building
Consent BC930271 · Queenstown-Lakes District
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 9 land use or subdivision consents within 250 m.
Within 250 m
- 27 Feb 2024Land use
PETMAR (NSW) PTY LIMITED - CONSENT TO UNDERTAKE 180 NIGHTS RVA IN AN EXISTING RESIDENTIAL UNIT WITH 6 GUESTS WITH AN ASSOCIATED TRANSPORT BREACH AT 9 RIVERSIDE ROAD, FRANKTON, QUEENSTOWN
RM240119 · Queenstown-Lakes District223 mGranted - 11 Nov 2021Land use
BDL LIMITED - TO UNDERTAKE ADDITIONS AND ALTERATIONS TO AN EXISTING RESIDENTIAL UNIT AT 8 REMARKABLES CRESCENT, FRANKTON
RM210909 · Queenstown-Lakes District172 mGranted - 5 May 2021Land use
QUEENSTOWN LAKES DISTRICT COUNCIL - EARTHWORKS (TRENCHING) FOR THE PURPOSES OF INSTALLING A BELOW GROUND STORMWATER PIPELINE AT 32 LUCAS PLACE, 50 DOUGLAS STREET, 40 LUCAS PLACE, 17 MAGNOLIA PLACE, 52 & 54 DOUGLAS STREET, FRANKTON, QUEENSTOWN
RM210363 · Queenstown-Lakes District221 mGranted - 29 Jan 2020Land use
APPLICATION UNDER S88 OF THE RMA FOR THE CONVERSION OF AN EXISTING GARAGE INTO A RESIDENTIAL UNIT WITH ASSOCIATED CAR PARKING. APPLICATION UNDER S221 OF THE RMA TO VARY CONDITION 2 OF CONSENT NOTICE 877440.2 TO ALLOW FOR THE SECOND RESIDENTIAL UNIT AT 35 RIVERSI
RM200078 · Queenstown-Lakes District215 mGranted - 18 Nov 2019Land use
RESIDENTIAL FLAT AND QUEUING LENGTH AT 19 RIVERSIDE ROAD, FRANKTON
RM191251 · Queenstown-Lakes District179 mGranted - 5 Mar 2018Land use
LAND USE CONSENT TO UNDERTAKE VISITOR ACCOMMODATION FROM AN EXISTING RESIDENTIAL UNIT FOR A MAXIMUM OF EIGHT PERSONS, 365 DAYS PER YEAR 18 RIVERSIDE ROAD, FRANKTON
RM180272 · Queenstown-Lakes District152 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 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 Frankton
Queenstown-Lakes District
2,446
Properties on the rating roll
1 Sep 2024
Last council revaluation
Buyer demand
9 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
Independent
Sharee AitkenSalesperson
Michael AllenSalesperson
John ArchibaldSalesperson
Liam BeattieSalesperson
Independent
Nicole BellSalesperson
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Peter BennettsSalesperson
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Warren BermanAgent
Independent
Scott BramwellAgent
Tinkerbell Brinsley-TurnerSalesperson
Hemi BrownSalesperson
Julian BrownSalesperson
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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