48 Marlborough Crescent, Richmond
Tasman District
Offers Over $839,000
- 3
- 1
- 2
- 230m²
- 683 m²
- House
- 2 Garage
Location, Space & Stunning Views!
There's plenty to love about this three-bedroom home in the Richmond Hills, where stunning views, modern touches and impressive garaging come together to create something special.
Enjoy an ever-changing outlook across the Waimea Inlet, out to Tasman Bay and towards the Arthur Ranges. It's a fantastic backdrop to everyday life and a view you'll never tire of coming home to.
Inside, the home feels fresh and inviting, with modern touches adding to its appeal. Three well-proportioned bedrooms provide plenty of room for family or guests, while excellent storage throughout makes everyday living that much easier.
If garaging and parking are high on your wish list, you'll love what's on offer here! With generous garaging and excellent off-street parking, there's room for the vehicles, the toys and everything in between. A separate toilet in the garage area is another handy addition, adding extra convenience when you're working outside, entertaining or spending time in the garage.
The location is another real highlight, with the Richmond Hills walking trails and Easby Park within walking distance. Whether it's a morning walk, an afternoon exploring the hills or simply getting outdoors with the family, you'll love having these fantastic recreational areas so close to home.
With its elevated outlook, fresh presentation, excellent parking and easy access to the outdoors, this is a home that offers a great lifestyle in a sought-after Richmond location. Contact Scott or Nathan today!
We estimate it would sell for $829,000 as at 5 October 2026, in a range of $744,000 to $943,000.
How we worked this out
| Council valuation, Sept 2023 | $830,000 |
|---|---|
| Market movement in Tasman District since the council valuation | +2.0% |
| Homes of this age in Richmond | −0.2% |
| Homes in this price range | −0.2% |
| Land as a share of the value | −0.3% |
| Nearby recent sales (15) | −1.7% |
| Its own sale in 2018 | +0.2% |
| Our estimate | $829,000 |
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 and its own last sale 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.
48 Marlborough Crescent as a rental
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $695 | ||
| Property manager | ||
| Rent, 52 weeks | $36,140 | |
| 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 | $29,746 | |
| Interest $580,300 at 6.00%, interest only | −$34,818 | |
| Cash flow before tax | −$5,072 | |
| Cash flow a week | −$98 | |
| Gross / net yield on the price | 4.4% / 3.6% | |
| Return on equity cash flow on the deposit, before tax | −2.0% | |
| Loses money above this interest rate, before tax | 5.13% | |
The rent covers the interest at rates up to 5.13%. That is -2.0% a year on a $249k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area230 m²
- Land area683 m²
- Decade built1970s
- Bedrooms4
- Bathrooms2
- Parking2 car spaces
- Property categoryUse not published
- CouncilTasman District
- Valuation #19610-54500
- Council Property ReportView the council’s report
- Valuation date1 Sep 2023
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 numberNL3B/348
- Title typeFreehold
- Legal descriptionLot 55 Deposited Plan 7551
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
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.
Reading the council's maps…
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 Richmond
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.
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.