21 McKerrow Place, Sunshine Bay
Queenstown · Queenstown-Lakes District
Last sold Nov 2001
We estimate it would sell for $1,220,000 as at 5 October 2026, in a range of $1,040,000 to $1,390,000.
How we worked this out
| Council valuation, Sept 2024 | $1,090,000 |
|---|---|
| Market movement in Queenstown-Lakes District since the council valuation | +6.4% |
| How Sunshine Bay sells against council values | +1.3% |
| Homes of this age in Sunshine Bay | +1.1% |
| Homes in this price range | +1.0% |
| Land as a share of the value | −0.1% |
| Nearby recent sales (15) | +1.8% |
| Our estimate | $1,220,000 |
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.
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.
What it would cost to buy 21 McKerrow Place
The lowest rather than the highest is $236 less a fortnight — about $6,125 over the 1 year.
All 17 lenders at 1 year fixed
China Construction Bank4.49%s$2,279/fn
ICBC4.65%s$2,322/fn
Bank of China4.68%s$2,330/fn
AIA New Zealand4.99%$2,414/fn
ANZ Bank New Zealand4.99%s$2,414/fn
ASB Bank4.99%$2,414/fn
Bank of Baroda4.99%$2,414/fn
Police Credit Union4.99%$2,414/fn
TSB Bank4.99%s$2,414/fn
Unity Credit Union4.99%s$2,414/fnKiwibank5.15%s$2,458/fn
Bank of New Zealand5.19%$2,470/fn
SBS Bank5.19%s$2,470/fn
The Co-operative Bank5.19%s$2,470/fn
Westpac New Zealand5.19%s$2,470/fn
First Credit Union5.29%s$2,497/fnKookmin Bank Auckland Branch5.35%$2,514/fn
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
21 McKerrow Place as a rental
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate 5.02% is today’s 1-year average | ||
| Rent a week our estimate $840 | ||
| Property manager | ||
| Rent, 52 weeks | $43,680 | |
| 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 | $35,952 | |
| Interest $854,000 at 5.02%, interest only | −$42,871 | |
| Cash flow before tax | −$6,919 | |
| Cash flow a week | −$133 | |
| Gross / net yield on the price | 3.6% / 2.9% | |
| Return on equity cash flow on the deposit, before tax | −1.9% | |
| Loses money above this interest rate, before tax | 4.21% | |
The rent covers the interest at rates up to 4.21%. That is -1.9% a year on a $366k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area130 m²
- Decade built1990s
- Bedrooms3
- Bathrooms2
- Parking1 car space
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29108-12000
- 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 numberOT7A/1188
- Title typeFreeholdGuaranteedStandard registered title
- Estate descriptionFee Simple, 1/1, Lot 97 Deposited Plan 16290, 613 m2
- Legal descriptionLot 97 Deposited Plan 16290
- Land area615 m²
- Title issued8 Jul 1977
- Land districtOtago
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. 4 consents on record.
- Date not publishedNew$170,000 declared
Erect Dwelling
Consent BC960240 · Queenstown-Lakes District - Date not publishedNew$2,000 declared
Erect Carport
Consent BC960481 · Queenstown-Lakes District - Date not publishedNew$6,000 declared
New Garage
Consent BC000104 · Queenstown-Lakes District - Date not publishedNew$180,000 declared
Erect Dwelling
Consent BC941299 · Queenstown-Lakes District
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 24 land use or subdivision consents within 250 m.
Within 250 m
- 13 Nov 2024Land use
A KULKARNI - RESIDENTIAL VISITOR ACCOMMODATION AT THE SITE FOR UP TO 365 DAYS PER YEAR AT 15A MACKINNON TERRACE, SUNSHINE BAY, QUEENSTOWN
RM240950 · Queenstown-Lakes District209 mGranted - 31 Jan 2024Subdivision
BROADVIEW VILLAS LIMITED - EXTEND THE LAPSE DATE OF RESOURCE CONSENT RM181954 BY FIVE (5) YEARS UNDER SECTION 125 OF THE RESOURCE MANAGEMENT ACT 1991 (RMA) AT BROADVIEW RISE, FERNHILL QUEENSTOWN
ET181954 · Queenstown-Lakes District186 mGranted - 27 Apr 2023Land use
PRICE TRUSTEES LIMITED - APPLICATION TO UNDERTAKE VISITOR ACCOMMODATION ACTIVITIES FOR UP TO 10 GUESTS FROM A RESIDENTIAL UNIT AND RESIDENTIAL FLAT FOR UP TO 365 DAYS A YEAR, WITH ASSOCIATED BREACHES OF INTERNAL SETBACKS AND TRANSPORT MATTERS AT 26 MCKERROW PLACE, SUNSHINE BAY
RM230159 · Queenstown-Lakes District44 mGranted - 8 Nov 2022Land use
PRICE TRUSTEES LIMITED - UNDERTAKE VISITOR ACCOMMODATION ACTIVITIES FOR UP TO 10 GUESTS FROM A RESIDENTIAL UNIT AND RESIDENTIAL FLAT FOR UP TO 365 DAYS A YEAR AT 26 MCKERROW PLACE, QUEENSTOWN
RM220908 · Queenstown-Lakes District44 mGranted - 28 Jun 2022Land use
D MIAO - CONSTRUCT FOUR RESIDENTIAL UNITS TO BE USED FOR RESIDENTIAL VISITOR ACCOMMODATION, UNDERTAKE ASSOCIATED EARTHWORKS AND WIDEN A PRIVATE ACCESS LANE AT 17 CRYSTAL LANE, QUEENSTOWN
RM220501 · Queenstown-Lakes District243 mGranted - 21 Jun 2022Land use
FULTON FORTUNE HOLDINGS LIMITED - APPLICATION UNDER SECTION 88 OF THE RESOURCE MANAGEMENT ACT 1991 (RMA) TO UNDERTAKE RESIDENTIAL VISITOR ACCOMMODATION (RVA) FOR A MAXIMUM OF 10 PEOPLE FOR UP TO 90 NIGHTS PER YEAR FROM AN EXISTING RESIDENTIAL UNIT AND RESIDENTIAL FLAT AND UNDERTAKE VISITOR ACCOMMODA
RM220517 · Queenstown-Lakes District212 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 Sunshine Bay
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 Sunshine Bay
People whose office is within 5 km of Sunshine Bay, 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.