Estimate $1.56m – $1.98m
3
22 Rainbow Drive, Rainbow Point
Title boundary · 820 m² · LINZ
Unclaimed
44 Rainbow Drive, Rainbow Point
Taupō · Taupo District
Last sold Mar 2016
What you’ll love about this place
- About 90 m from Lake Taupō / Taupōmoana
From LINZ's topographic maps: how near the land comes to the water's edge.
OwnBetter estimate
$1.64m
Medium confidence
We estimate it would sell for $1,640,000 as at 5 October 2026, in a range of $1,400,000 to $1,860,000.
Typical home in Rainbow Point
$1.53m
The median of our estimates of its 278 homes
$1.4mLow
$1.6mCouncil value
$1.64mEstimate
$1.86mHigh
How we worked this out
| Council valuation, Sept 2025 | $1,600,000 |
|---|---|
| Market movement in Taupo District since the council valuation | +0.7% |
| Apartments and houses in Taupo District | +0.2% |
| How Rainbow Point sells against council values | +0.3% |
| Homes of this age in Rainbow Point | +0.4% |
| Homes in this price range | +0.9% |
| Land as a share of the value | −0.2% |
| Nearby recent sales (15) | +0.2% |
| Our estimate | $1,640,000 |
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 44 Rainbow Drive
Estimated repayments
$3,063
$1,312,000 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 $317 less a fortnight — about $8,233 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$3,063/fn
ICBC4.65%s$3,121/fn
Bank of China4.68%s$3,132/fn
AIA New Zealand4.99%$3,245/fn
ANZ Bank New Zealand4.99%s$3,245/fn
ASB Bank4.99%$3,245/fn
Bank of Baroda4.99%$3,245/fn
Police Credit Union4.99%$3,245/fn
Unity Credit Union4.99%s$3,245/fn
Kiwibank5.15%s$3,305/fn
Bank of New Zealand5.19%$3,320/fn
SBS Bank5.19%s$3,320/fn
The Co-operative Bank5.19%s$3,320/fn
TSB Bank5.19%s$3,320/fn
Westpac New Zealand5.19%s$3,320/fn
First Credit Union5.29%s$3,357/fn- Kookmin Bank Auckland Branch5.35%$3,380/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 44 Rainbow 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
44 Rainbow Drive as a rental
Rent estimate$975/wk$850–$1,120 · Little evidence
Gross yield3.1%$50,700 a year on $1.64m
Net yield2.5%After $8,970 of costs
Cash flow−$308/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $50,700 |
|---|---|
| Empty between tenants 2 weeks | −$1,950 |
| Property management 9.2% incl. GST | −$4,485 |
| Maintenance 5% of rent | −$2,535 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $41,730 |
| Interest $1,148,000 at 5.03%, interest only | −$57,744 |
| Cash flow before tax | −$16,014 |
The rent covers the interest at rates up to 3.64%. That is -3.3% a year on a $492k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area148 m²
- Decade built1970s
- Bedrooms2
- Bathrooms2
- Property categoryUse not published
- CouncilTaupo District
- Valuation #7341-17600
- Valuation date1 Sep 2025
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 numberSA1720/40
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 48 Deposited Plan South Auckland 6280, 819 m2
- Land area820 m²
- Title issued14 Mar 1960
- Land districtSouth Auckland
Instruments on this title0 registered instruments 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. 3 consents on record.
- 1 Aug 2024Adds/Alts$2,000 declared
**fast-tracked** new roof beams to support existing roof
Consent 240304A · Taupo District - 1 Jun 2024Adds/Alts$350,000 declared
Convert gge into habitable area with bdrm & second
Consent 24/0304 · Taupo District - 1 Jan 2021Adds/Alts$40,000 declared
6 x 8 kiwispan gge
Consent 20/1084 · Taupo District
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 10 land use or subdivision consents within 250 m.
Within 250 m
- 17 Mar 2025Land use
To demolish the existing dated residential dwelling and build a new residential dwelling in a similar location
250071 · Taupo District96 mGranted - 22 Nov 2024Land use
To undertake earthworks on a residential site that will exceed maximum fill inside and outside the building setback and will have a retaining wall greater than 2m inside the minimum building setback that will be deemed a building and overall requires a discretionary land use consent
240391 · Taupo District96 mGranted - 16 Oct 2023Land use
This application is for proposed dwelling additions/alterations on the site area of 873m² Lot 41 DPS 6280 which fails the following Development Control: RESIDENTIAL ENVIRONMENT PERFORMANCE STANDARDS - For Each Residential Area 4a.1.2(i) Maximum Plot Ratio = 40% Infringes the permitted 40% `Plot Ratio` by up to 22.5m² or 2.6%, 4a.1.8(i) Height to Boundary Infringes the permitted by 0.772m and 1.312m for a distance of 7.796m along the southeast boundary.
230309 · Taupo District106 mGranted - 4 Oct 2023Land use
Proposed Pergola encroaches the front yard 5m setback restriction by 1.3m.
230295 · Taupo District107 mGranted - 28 Mar 2018Land use
Extend existing dwelling resulting in earthworks cut of up to 4.3m being up to 2.8m more than permitted.
180074 · Taupo District153 mGranted - 27 Jul 2017Land use
To undertake additions to the existing dwelling that will increase building coverage from 42.7% to 51.7%,, plot ratio from 81.3% to 90%, total coverage from 46% to 55h% and that will be 3.8m from the front boundary, within the side setback and within the height to boundary recession plane by up to 0.9m.
170200 · Taupo District190 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 Taupo 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.
We show the district plan's known contaminated sites. The full register is Waikato Regional Council's (or Bay of Plenty's, east of the district), and is not published.
Ask Taupō District 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 Rainbow Point
Taupo District
291
Properties on the rating roll
10 Jun 2026
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 Rainbow Point
People whose office is within 5 km of Rainbow Point, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.
Independent
Kimberly ColebrookBranch Manager
Independent
Abbie TreloarAgent
Independent
Anthony TreloarAgent
Nicola AllardiceSalesperson
Lucy BaxterSalesperson
Clare BayleySalesperson
Grant BayleySalesperson
Lisa ChristensenSalesperson
Matthew Davis-GoffSalesperson
Jaydah DempseySalesperson
Melissa DrysdaleSalesperson
Christopher DykzeulSalesperson
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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