Title boundary · 615 m² · LINZ
Unclaimed

21 McKerrow Place, Sunshine Bay

Queenstown · Queenstown-Lakes District

Last sold Nov 2001

OwnBetter estimate
$1.22m
Medium confidence

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.

Typical home in Sunshine Bay
$1.26m
The median of our estimates of its 218 homes
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.

My notes
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What it costs to live here

Home expense estimates

Mortgage: open the section
$4,939a 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 21 McKerrow Place

Every rate from 36 lenders →
Estimated repayments
$2,279
$976,000 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
Average5.02%
Highest5.35%Kookmin

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/fn
  • Kiwibank5.15%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/fn
  • Kookmin Bank Auckland Branch5.35%$2,514/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 21 McKerrow Place. 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

21 McKerrow Place as a rental

Rent estimate$840/wk$730–$970 · Little evidence
Gross yield3.6%$43,680 a year on $1.22m
Net yield2.9%After $7,728 of costs
Cash flow−$133/wk30% deposit, interest only at 5.02%
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 price3.6% / 2.9%
Return on equity cash flow on the deposit, before tax−1.9%
Loses money above this interest rate, before tax4.21%
Type over any figure, add your own lines, or add a scenario to compare.

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 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
Registered instruments2 registered instruments on this titleEasement Certificate ×2 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. 4 consents on record.

  1. Date not published
    New$170,000 declared

    Erect Dwelling

    Consent BC960240 · Queenstown-Lakes District
  2. Date not published
    New$2,000 declared

    Erect Carport

    Consent BC960481 · Queenstown-Lakes District
  3. Date not published
    New$6,000 declared

    New Garage

    Consent BC000104 · Queenstown-Lakes District
  4. Date not published
    New$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

  1. 13 Nov 2024
    Land 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 District
    209 mGranted
  2. 31 Jan 2024
    Subdivision

    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 District
    186 mGranted
  3. 27 Apr 2023
    Land 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 District
    44 mGranted
  4. 8 Nov 2022
    Land 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 District
    44 mGranted
  5. 28 Jun 2022
    Land 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 District
    243 mGranted
  6. 21 Jun 2022
    Land 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 District
    212 mGranted

Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents

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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 Sunshine Bay

Queenstown-Lakes District
277
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.

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.

Who sold the most in Sunshine Bay →

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

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