33 Corriedale Road, Jacks Point
Queenstown · Queenstown-Lakes District
Last sold Jul 2024
We estimate it would sell for $1,740,000 as at 5 October 2026, in a range of $1,560,000 to $1,980,000.
How we worked this out
| Council valuation, Sept 2024 | $1,650,000 |
|---|---|
| Market movement in Queenstown-Lakes District since the council valuation | +6.4% |
| How Jacks Point sells against council values | +1.0% |
| Homes of this age in Jacks Point | −1.0% |
| Homes in this price range | −1.5% |
| Land as a share of the value | +0.3% |
| Nearby recent sales (15) | −2.4% |
| Its own sale in 2024 | +2.7% |
| Our estimate | $1,740,000 |
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.
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.
33 Corriedale Road as a rental
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $1,005 | ||
| Property manager | ||
| Rent, 52 weeks | $52,260 | |
| 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 | $43,014 | |
| Interest $1,218,000 at 6.00%, interest only | −$73,080 | |
| Cash flow before tax | −$30,066 | |
| Cash flow a week | −$578 | |
| Gross / net yield on the price | 3.0% / 2.5% | |
| Return on equity cash flow on the deposit, before tax | −5.8% | |
| Loses money above this interest rate, before tax | 3.53% | |
The rent covers the interest at rates up to 3.53%. That is -5.8% a year on a $522k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area231 m²
- Decade built2020s
- Bedrooms2
- Bathrooms1
- Parking1 car space
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29132-941
- 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 number909817
- Title typeFreeholdGuaranteedStandard registered title
- Estate descriptionFee Simple, 1/1, Lot 6068 Deposited Plan 541369, 531 m2
- Legal descriptionLot 6068 Deposited Plan 541369
- Land area532 m²
- Title issued14 Nov 2019
- Land districtOtago
- Worth asking aboutCourt orderon this titleA court order affects this title. Ask your lawyer what it covers.
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.
- 11 Feb 2020New$530,000 declared
Construction of single level multi-unit dwelling with attached double garage
Consent BC191500 · Queenstown-Lakes District
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
- 2 Oct 2024Land use
CHUDLEY INVESTMENTS LIMITED - CONSTRUCT RETAINING WALLS WHICH BREACH BOUNDARY SETBACK REQUIREMENTS AT 10 CORRIEDALE ROAD, JACKS POINT, QUEENSTOWN
RM240770 · Queenstown-Lakes District183 mGranted - 9 Apr 2024Land use
J BUSTIN, M BARLTROP & BARLTROP TRUSTEES LIMITED - TO ERECT RETAINING WALLS IN PROXIMITY OF THE BOUNDARY UP TO 1M IN HEIGHT ALONG THE WEST AND NORTHERN BOUNDARIES AT 87 JACK HANLEY DRIVE, JACKS POINT, QUEENSTOWN
RM240232 · Queenstown-Lakes District222 mGranted - 25 May 2023Land use
N & S GOULD - TO UNDERTAKE EARTHWORKS SUPPORTED BY A RETAINING WALL WITHIN THE REQUIRED SETBACK DISTANCE FROM THE EASTERN BOUNDARY; TO CHANGE CONDITION 2 OF CONSENT NOTICE 11625874.3 TO PROVIDE FOR A RESIDENTIAL UNIT THAT BREACHES THE RECESSION PLANE STANDARD AT 16 CORRIEDALE ROAD, JACKS POINT, QUEE
RM230283 · Queenstown-Lakes District143 mGranted - 19 Jan 2023Land use
M DAVY - TO CONSTRUCT A RETAINING WALL CLOSE TO THE BOUNDARY AT 18 COOPWORTH ROAD, JACKS POINT, QUEENSTOWN
RM230019 · Queenstown-Lakes District207 mGranted - 1 Jun 2022Land use
A HARI - TRANSPORT - MAXIMUM GRADIENT OF VEHICLE ACCESS EXCEED ALLOWABLE 1 IN 6 (29.5.17 (A)) AT 49 HOWDEN DRIVE, HANLEYS FARM, JACKS POINT, QUEENSTOWN
RM220437 · Queenstown-Lakes District175 mGranted - 16 Nov 2021Land use
E HANLEY & D AMOTT - TO UNDERTAKE EARTHWORKS FOR THE CONSTRUCTION OF A RESIDENTIAL UNIT AT 7 LEICESTER STREET, JACKS POINT, QUEENSTOWN
RM211026 · Queenstown-Lakes District213 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 Jacks Point
9 people looked at properties in Jacks Point 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.
Agents active in Jacks Point
People whose office is within 5 km of Jacks Point, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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.