Estimate $2.91m – $3.87m
4
14 Wellswood Way, Lower Shotover
Title boundary · 2,041 m² · LINZ
Unclaimed
20 Sledmere Drive, Lower Shotover
Queenstown · Queenstown-Lakes District
Last sold Dec 2005
OwnBetter estimate
$3.06m
Medium confidence
We estimate it would sell for $3,060,000 as at 5 October 2026, in a range of $2,620,000 to $3,480,000.
Typical home in Lower Shotover
$1.66m
The median of our estimates of its 1,209 homes
$2.62mLow
$2.89mCouncil value
$3.06mEstimate
$3.48mHigh
How we worked this out
| Council valuation, Sept 2024 | $2,890,000 |
|---|---|
| Market movement in Queenstown-Lakes District since the council valuation | +6.4% |
| How Lower Shotover sells against council values | +0.7% |
| Homes of this age in Lower Shotover | +0.4% |
| Homes in this price range | −1.3% |
| Land as a share of the value | +0.3% |
| Nearby recent sales (15) | −0.4% |
| Our estimate | $3,060,000 |
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 20 Sledmere Drive
Estimated repayments
$5,715
$2,448,000 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 $591 less a fortnight — about $15,362 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$5,715/fn
ICBC4.65%s$5,823/fn
Bank of China4.68%s$5,843/fn
AIA New Zealand4.99%$6,055/fn
ANZ Bank New Zealand4.99%s$6,055/fn
ASB Bank4.99%$6,055/fn
Bank of Baroda4.99%$6,055/fn
Police Credit Union4.99%$6,055/fn
Unity Credit Union4.99%s$6,055/fn
Kiwibank5.15%s$6,166/fn
Bank of New Zealand5.19%$6,194/fn
SBS Bank5.19%s$6,194/fn
The Co-operative Bank5.19%s$6,194/fn
TSB Bank5.19%s$6,194/fn
Westpac New Zealand5.19%s$6,194/fn
First Credit Union5.29%s$6,264/fn- Kookmin Bank Auckland Branch5.35%$6,306/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 20 Sledmere Drive. 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
20 Sledmere Drive as a rental
Rent estimate$1,115/wk$970–$1,280 · Little evidence
Gross yield1.9%$57,980 a year on $3.06m
Net yield1.6%After $10,258 of costs
Cash flow−$1,154/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 $2,142,000 at 5.03%, interest only | −$107,743 | |
| Cash flow before tax | −$60,021 | |
| Cash flow a week | −$1,154 | |
| Gross / net yield on the price | 1.9% / 1.6% | |
| Return on equity cash flow on the deposit, before tax | −6.5% | |
| Loses money above this interest rate, before tax | 2.23% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 2.23%. That is -6.5% a year on a $918k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area282 m²
- Decade built2010s
- Bedrooms4
- Bathrooms3
- Parking2 car spaces
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29071-47052
- 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 number253024
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 10 Deposited Plan 362057, 2,037 m2
- Legal descriptionLot 10 Deposited Plan 362057
- Land area2,041 m²
- Title issued4 Apr 2006
- Land districtOtago
Registered instruments11 registered instruments on this titleConsent Notice under s221(4)(a) Resource Management Act 1991 ×4 · Easement Certificate ×3 · Easement Instrument · Encumbrance · Transfer and Grant of Easement · Variation of Consent Notice Condition under s221(5) Resource Management Act 1991 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. 1 consent on record.
- Date not publishedNew$420,000 declared
Erect New Dwelling
Consent BC100171 · 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
- 5 Jul 2024Land use
M & S WILLIAMS - TO CONSTRUCT A RESIDENTIAL UNIT AND FLAT AND SWIMMING POOL, BREACHING SETBACK, EARTHWORKS, EXTERNAL APPEARANCE AND SITE COVERAGE STANDARDS AT 3 EASTWOOD LANE, QUEENSTOWN
RM240436 · Queenstown-Lakes District128 mGranted - 10 May 2024Land use
A RUSKI-JONES & PROPERTY AND BUSINESS TRUSTEES LIMITED - ESTABLISH A NEW CONTROLLED RESIDENTIAL UNIT AND ASSOCIATED SETBACK, EARTHWORKS VOLUME, EARTHWORKS AREA, ROOF PITCH, BUILDING HEIGHT, AND DENSITY BREACHES AT 14 SHERWOOD COURT, QUEENSTOWN
RM240321 · Queenstown-Lakes District209 mGranted - 9 Feb 2024Land use
FULTON HOGAN LIMITED - APPLICATION TO CHANGE CONDITIONS 10 AND 6 OF RM090045 AND CONDITIONS 17 AND 36 OF RM050884 FOR THE STORAGE OF CLEANFILL ON THE SUBJECT SITE AT 7 SHOTOVER DELTA ROAD, QUEENSTOWN
RM230985 · Queenstown-Lakes District219 mGranted - 20 May 2021Land use
L HANSEN, A RIMINTON & GAZOOGLE TRUSTEES LIMITED - CONSENT APPLICATION TO CONSTRUCT RESIDENTIAL UNIT AT QUAIL RISE (C) THAT BREACHES HEIGHT STANDARDS (NC) AT 12 SHERWOOD COURT, QUAIL RISE, QUEENSTOWN
RM210386 · Queenstown-Lakes District189 mGranted - 12 Apr 2021Land use
J COOMBS & Z KERSE - TO UNDERTAKE ALTERATIONS AND ADDITIONS TO AN EXISTING RESIDENTIAL UNIT COMPRISING A NEW VERANDA OVER EXISTING DECK AND A HORIZONTAL LOUVRE SCREEN IN FRONT OF BEDROOM WINDOW, AND TO CHANGE CONDITIONS 7A) AND 7F) OF CONSENT NOTICE 6812508.3 IN ORDER TO LOCATE THE PROPOSED VERANDA
RM210251 · Queenstown-Lakes District93 mGranted - 23 Feb 2021Land use
D HALL & J HALL - ERECTION OF A NEW DWELLING WITH ASSOCIATED EARTHWORKS AT 8 SHERWOOD COURT, LOWER SHOTOVER, QUEENSTOWN
RM210056 · Queenstown-Lakes District217 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 Lower Shotover
Queenstown-Lakes District
1,314
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand
5 people looked at properties in Lower Shotover 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 Lower Shotover
People whose office is within 5 km of Lower Shotover, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Independent
Harry HollyerAgent
Independent
Natalie TothSalesperson
Independent
Bronte AdamsSalesperson
Independent
Peter BennettsSalesperson
Independent
Adam EvansSalesperson
Independent
Claire GreenwoodSalesperson
Independent
Marc HamiltonSalesperson
Independent
Barry LittenAgent
Independent
Caleb RuferSalesperson
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Kirsten SinclairSalesperson
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Emma SmellieSalesperson
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Hamish WalkerAgent
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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