Estimate $14.5m – $21.5m
5
103 Speargrass Flat Road, Speargrass Flat
Title boundary · 287,765 m² · LINZ
Unclaimed
413 Speargrass Flat Road, Speargrass Flat
Queenstown · Queenstown-Lakes District
Last sold Nov 2013
OwnBetter estimate
$16.6m
Medium confidence
We estimate it would sell for $16,600,000 as at 5 October 2026, in a range of $14,200,000 to $18,800,000.
Typical home in Speargrass Flat
$5.66m
The median of our estimates of its 250 homes
$14.2mLow
$15.15mCouncil value
$16.6mEstimate
$18.8mHigh
How we worked this out
| Council valuation, Sept 2024 | $15,150,000 |
|---|---|
| Market movement in Queenstown-Lakes District since the council valuation | +6.4% |
| How Speargrass Flat sells against council values | +0.8% |
| Homes of this age in Speargrass Flat | +0.1% |
| Homes in this price range | +1.5% |
| Land as a share of the value | +0.3% |
| Our estimate | $16,600,000 |
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 413 Speargrass Flat Road
Estimated repayments
$31,005
$13,280,000 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 $3,205 less a fortnight — about $83,335 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$31,005/fn
ICBC4.65%s$31,589/fn
Bank of China4.68%s$31,700/fn
AIA New Zealand4.99%$32,850/fn
ANZ Bank New Zealand4.99%s$32,850/fn
ASB Bank4.99%$32,850/fn
Bank of Baroda4.99%$32,850/fn
Police Credit Union4.99%$32,850/fn
Unity Credit Union4.99%s$32,850/fn
Kiwibank5.15%s$33,451/fn
Bank of New Zealand5.19%$33,602/fn
SBS Bank5.19%s$33,602/fn
The Co-operative Bank5.19%s$33,602/fn
TSB Bank5.19%s$33,602/fn
Westpac New Zealand5.19%s$33,602/fn
First Credit Union5.29%s$33,981/fn- Kookmin Bank Auckland Branch5.35%$34,210/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 413 Speargrass Flat Road. 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
Property data
- Floor area577 m²
- Decade built2010s
- Bedrooms5
- Bathrooms3
- Parking3 car spaces
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29071-16611
- 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 number1216946
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 1, 101 Deposited Plan 475822 and Section 1 Survey Office Plan 599466, 287,238 m2
- Land area287,765 m²
- Title issued11 Dec 2024
- Land districtOtago
Instruments on this title12 registered instrumentsEasement Instrument ×6 · Variation of Consent Notice Condition under s221(5) Resource Management Act 1991 ×2 · Consent Notice under s221(4)(a) Resource Management Act 1991 · Land Covenant under s116(1)(a) or (b) Land Transfer Act 2017 · Order for New Certificate of Title · Transfer and Grant 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
Building work the council has consented on this property, newest first. 10 consents on record.
- 23 May 2023Adds/Alts$12,000,000 declared
Alterations and additions to existing two storey dwelling - addition of gym, bedrooms, garage, massage studio and more - 413 Speargrass Flat Road, Queenstown. Including Amendment 01: Punch-through at the existing studio, changes to the gable end balcony, and the garage filtration room (service room) addition + Site clarifications /updates.
Consent BC230144 · Queenstown-Lakes District - 1 Oct 2022Adds/Alts$900,000 declared
Amendment: shotcrete wall waterproofing & drainage system, sub-slab drainage grillage design & site slab with thickenings & pit locations - 413 speargrass flat Rd, Queenstown
Consent AM220206.01 · Queenstown-Lakes District - 25 Mar 2022Adds/Alts$1,200,000 declared
Stage 1 of 2: excavation & piling only - 413 speargrass flat Rd
Consent BC220206 · Queenstown-Lakes District - 19 Apr 2018Adds/Alts$2,000,000 declared
413 Speargrass Flat Road - Stage 2 of 2 - Construction of Main Ground Floor, Mezzanine Levels and Roof Buily
Consent BC151437 · Queenstown-Lakes District - 1 Nov 2017Adds/Alts$1,000,000 declared
413 Speargrass Flat Road - Stage 1 of 2 - New Studio - Basement and First Floor Structure Only
Consent BC151204 · Queenstown-Lakes District - 24 Jan 2017Adds/Alts$600,000 declared
413 Speargrass Flat Road, Queenstown - Erect a greenhouse
Consent BC161739 · Queenstown-Lakes District - 12 Jan 2017Adds/Alts$30,000 declared
413 Speargrass Flat Road - Construct Concrete Pump Shed
Consent BC150824 · Queenstown-Lakes District - 1 Dec 2016New$1,000,000 declared
New Dwelling
Consent BC141086 · Queenstown-Lakes District - 20 Jul 2016Adds/Alts$40,000 declared
413 Speargrass Flat Road - Construction of Pond Weirs
Consent BC160944 · Queenstown-Lakes District - 13 Nov 2015Adds/Alts$35,000 declared
413 Speargrass Flat Road, Queenstown - Addition of Bathroom to Existing Silo and Foundations for Concrete Water Tank with Silo Over
Consent BC151238 · Queenstown-Lakes District
Resource consents
What the council has been asked to allow under the Resource Management Act. 14 on this property · 0 land use or subdivision consents within 250 m.
On this property
- 24 Oct 2024Land use
X-RAY TRUST LIMITED - TO CHANGE CONDITION 4 OF RM150051 TO CHANGE THE BUILDING MATERIALS OF A RESIDENTIAL UNIT AT 413 SPEARGRASS FLAT ROAD, QUEENSTOWN
RM240891 · Queenstown-Lakes DistrictGranted - 8 Apr 2024Land use
XRAY TRUST LIMITED - APPLICATION UNDER SECTION 221 OF THE RESOURCE MANAGEMENT ACT 1991 (RMA) TO CHANGE CONDITION 13 OF CONSENT NOTICE 9805352.2 ON LOT 1 AND 101 DP475822, AND CONDITION 13 OF CONSENT NOTICE 9805352.2 ON LOT 2 DP475822 TO ENABLE INSTALLATION OF CONCRETE KERB AND CHANNEL AND A SEALED S
RM240234 · Queenstown-Lakes DistrictGranted - 23 Jan 2023Land use
Retrospective consent to construct a bore for the purpose of accessing groundwater to support an authorised dewatering activity
RM23.038.01 · Otago RegionalGranted - 27 Jun 2022Land use
X-RAY TRUST LIMITED - VARIATION OF CONDITION 1 OF RM200958 TO REFLECT UPDATED EARTHWORKS VOLUMES AT 413 SPEARGRASS FLAT ROAD, QUEENSTOWN
RM220411 · Queenstown-Lakes DistrictGranted - 9 Jul 2021Land use
X-RAY TRUST - VARIATION OF CONDITION 1 OF RM200958 TO REFLECT A GARAGE EXTENSION AND CHANGES TO EARTHWORKS AT 413 SPEARGRASS FLAT ROAD, QUEENSTOWN
RM210593 · Queenstown-Lakes DistrictGranted - 20 Nov 2020Land use
To undertake earthworks for the purpose of residential development
RM20.389.01.V1 · Otago RegionalGranted - 20 Nov 2020Land use
X-RAY TRUST LIMITED - LAND USE CONSENT APPLICATION FOR ADDITIONS TO AN EXISTING RESIDENTIAL UNIT OUTSIDE THE APPROVED BUILDING PLATFORM, AND ASSOCIATED EARTHWORKS; ALSO S127 VARIATION TO PROVIDE FOR DEVELOPMENT OUTSIDE OF THE APPROVED BUILDING PLATFORM AT 413 SPEARGRASS FLAT ROAD, QUEENSTOWN
RM200958 · Queenstown-Lakes DistrictGranted - 11 Dec 2017Land use
CONSTRUCT BUILDINGS OUTSIDE OF AN APPROVED BUILDING PLATFORM AND CHANGE CONDITION 1 OF RM150560 AT 413 SPEARGRASS FLAT ROAD, WAKATIPU BASIN
RM171426 · Queenstown-Lakes DistrictGranted - 15 Sep 2016Land use
CHANGE CONDITION 1 OF RM150051 TO REFLECT CHANGES TO THE APPROVED STUDIO BUILDING AT 413 SPEARGRASS FLAT ROAD, WAKATIPU BASIN
RM160878 · Queenstown-Lakes DistrictGranted - 22 Jul 2016Land use
RAY TRUST LIMITED - CONSENT NOTICE VARIATION FOR FARM POND COMPRISING THE ADDITION OF TWO WEIRS AT 413 SPEARGRASS FLAT ROAD
RM160670 · Queenstown-Lakes DistrictGranted - 7 Dec 2015Discharge permit
To discharge treated domestic waste water to land for the purpose of operating a wastewater treatment system
RM14.335.01.V1 · Otago RegionalGranted - 3 Aug 2015Land use
LAND USE CONSENT TO ERECT STRUCTURES OUTSIDE A BUILDING PLATFORM AND UNDERTAKE EARTHWORKS; AND APPLICATION TO CHANGE CONDITIONS 1, 2, 3, 4, 6, 8, 10, 11, 12, 13, 15, 18, AND TO CANCEL CONDITIONS 5, 7 OF CONSENT NOTICES 9805352.1 (LOT 1) AND 9805352.2 (LOT 2).
RM150560 · Queenstown-Lakes DistrictGranted - 9 Jun 2015Land use
CONSENT TO CONSTRUCT A SECOND MUDROOM SILO WITHIN AN APPROVED BUILDING PLATFORM; AND TO CHANGE CONDITIONS 6 OF CONSENT NOTICE 9805352.1 TO CONSTRUCT A SECOND BUILDING WITH REFLECTIVE MATERIALS; AND TO CHANGE CONDITION 1 OF RESOURCE CONSENTS RM140421 AND RM150051 TO CHANGE THE LOCATION OF THE APPROVED FARM BUILDING AND MUDROOM SILO RESPECTIVELY
RM150364 · Queenstown-Lakes DistrictGranted - Date not publishedLand use
LAND USE CONSENT TO ERECT STRUCTURES OUTSIDE A BUILDING PLATFORM AND UNDERTAKE EARTHWORKS; AND APPLICATION TO CHANGE CONDITIONS 1, 2, 3, 4, 6, 8, 10, 11, 12, 13, 15, 18, AND TO CANCEL CONDITIONS 5, 7 OF CONSENT NOTICES 9805352.1 (LOT 1) AND 9805352.2 (LOT 2).
RM150560.01 · Queenstown-Lakes DistrictReturned incomplete
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.
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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 Speargrass Flat
Queenstown-Lakes District
275
Properties on the rating roll
1 Sep 2024
Last council revaluation
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 Speargrass Flat
People whose office is within 5 km of Speargrass Flat, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Independent
Theresa ChapmanSalesperson
Independent
Lily DykesSalesperson
Independent
Bernard O'MalleyAgent
Independent
Harry HollyerAgent
Independent
Natalie TothSalesperson
Independent
Thomas MacaulaySalesperson
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Bronte AdamsSalesperson
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Peter BennettsSalesperson
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Adam EvansSalesperson
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Claire GreenwoodSalesperson
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Marc HamiltonSalesperson
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Barry LittenAgent
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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