Title boundary · 514 m² · LINZ
Unclaimed

5 Fallow Street, Jacks Point

Also 21 Corriedale Road

Queenstown · Queenstown-Lakes District

Last sold Aug 2018

OwnBetter estimate
$1.53m
Medium confidence

We estimate it would sell for $1,530,000 as at 5 October 2026, in a range of $1,310,000 to $1,740,000.

Typical home in Jacks Point
$1.61m
The median of our estimates of its 2,655 homes
How we worked this out
Council valuation, Sept 2024$1,420,000
Market movement in Queenstown-Lakes District since the council valuation+6.4%
Apartments and houses in Queenstown-Lakes District+0.6%
How Jacks Point sells against council values+1.0%
Homes of this age in Jacks Point−1.0%
Homes in this price range+0.9%
Land as a share of the value+0.3%
Nearby recent sales (15)−0.5%
Our estimate$1,530,000

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
$6,195a 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 5 Fallow Street

Every rate from 36 lenders →
Estimated repayments
$2,858
$1,224,000 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 $295 less a fortnight — about $7,681 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$2,858/fn
  • ICBC4.65%s$2,912/fn
  • Bank of China4.68%s$2,922/fn
  • AIA New Zealand4.99%$3,028/fn
  • ANZ Bank New Zealand4.99%s$3,028/fn
  • ASB Bank4.99%$3,028/fn
  • Bank of Baroda4.99%$3,028/fn
  • Police Credit Union4.99%$3,028/fn
  • Unity Credit Union4.99%s$3,028/fn
  • Kiwibank5.15%s$3,083/fn
  • Bank of New Zealand5.19%$3,097/fn
  • SBS Bank5.19%s$3,097/fn
  • The Co-operative Bank5.19%s$3,097/fn
  • TSB Bank5.19%s$3,097/fn
  • Westpac New Zealand5.19%s$3,097/fn
  • First Credit Union5.29%s$3,132/fn
  • Kookmin Bank Auckland Branch5.35%$3,153/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 5 Fallow Street. 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

5 Fallow Street as a rental

Rent estimate$940/wk$820–$1,080 · Little evidence
Gross yield3.2%$48,880 a year on $1.53m
Net yield2.6%After $8,648 of costs
Cash flow−$262/wk30% deposit, interest only at 5.03%
Rent, 52 weeks$48,880
Empty between tenants 2 weeks−$1,880
Property management 9.2% incl. GST−$4,324
Maintenance 5% of rent−$2,444
Council rates this yearNot known
Landlord insurance the buildingNot known
Net income before interest$40,232
Interest $1,071,000 at 5.03%, interest only−$53,871
Cash flow before tax−$13,639

The rent covers the interest at rates up to 3.76%. That is -3.0% a year on a $459k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area202 m²
  • Decade built2020s
  • Bedrooms4
  • Bathrooms2
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilQueenstown-Lakes District
  • Valuation #29132-994
  • 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 number915484
  • Title typeFreehold
  • Estate descriptionFee Simple, 1/1, Lot 6083 Deposited Plan 542111, 512 m2
  • Legal descriptionLot 6083 Deposited Plan 542111
  • Land area514 m²
  • Title issued20 Dec 2019
  • Land districtOtago
  • Addresses on this property2
Instruments on this title19 registered instrumentsEasement Instrument ×6 · Land Covenant under s116(1)(a) or (b) Land Transfer Act 2017 ×5 · Compensation Certificate · Consent Notice under s221(4)(a) Resource Management Act 1991 · Court Order · Mortgage · Partial Surrender of Easement · Transfer · Transfer and Grant of Easement · Variation of Easement 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 · 22 land use or subdivision consents within 250 m.

Within 250 m

  1. 2 Oct 2024
    Land use

    CHUDLEY INVESTMENTS LIMITED - CONSTRUCT RETAINING WALLS WHICH BREACH BOUNDARY SETBACK REQUIREMENTS AT 10 CORRIEDALE ROAD, JACKS POINT, QUEENSTOWN

    RM240770 · Queenstown-Lakes District
    112 mGranted
  2. 25 May 2023
    Land 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 District
    74 mGranted
  3. 19 Jan 2023
    Land use

    M DAVY - TO CONSTRUCT A RETAINING WALL CLOSE TO THE BOUNDARY AT 18 COOPWORTH ROAD, JACKS POINT, QUEENSTOWN

    RM230019 · Queenstown-Lakes District
    138 mGranted
  4. 2 Aug 2022
    Land use

    T & E IMPEY - CONSTRUCTION OF RETAINING WALLS WITHIN INTERNAL BOUNDARY SETBACKS, AND A WINDOW SILL HEIGHT INFRINGEMENT, AND VARIATION OF CONSENT NOTICE 11625874.3 IN RESPECT OF RECESSION PLANE BREACHES AND WINDOW SILL HEIGHT AT 19 MUSTER ROAD, JACKS POINT

    RM220606 · Queenstown-Lakes District
    210 mGranted
  5. 1 Jun 2022
    Land 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 District
    246 mGranted
  6. 16 Nov 2021
    Land use

    MIKE GREER HOMES CENTRAL OTAGO LIMITED - LAND USE CONSENT FOR THE CONSTRUCTION OF A RESIDENTIAL UNIT, TO BE USED TEMPORARILY FOR NON-RESIDENTIAL PURPOSES, AS A SHOW HOME AND OFFICE FACILITY, WITH ASSOCIATED EARTHWORKS AND TRANSPORT BREACHES AT 22 MUSTER ROAD, JACKS POINT, QUEENSTOWN

    RM211070 · Queenstown-Lakes District
    198 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 Jacks Point

Queenstown-Lakes District
2,947
Properties on the rating roll
1 Sep 2024
Last council revaluation
Buyer demand

7 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.

Who sold the most in Jacks Point →

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

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