Title boundary · 4,563 m² · LINZ
Unclaimed

18 Pisa Road, Luggate

Wānaka · Queenstown-Lakes District

Last sold Oct 2015

OwnBetter estimate
$1.57m
Medium confidence

We estimate it would sell for $1,570,000 as at 5 October 2026, in a range of $1,400,000 to $1,780,000.

Typical home in Luggate
$1.10m
The median of our estimates of its 369 homes
How we worked this out
Council valuation, Sept 2024$1,410,000
Market movement in Queenstown-Lakes District since the council valuation+6.4%
How Luggate sells against council values−1.2%
Homes of this age in Luggate+1.7%
Homes in this price range+0.9%
Land as a share of the value+0.3%
Nearby recent sales (15)+1.5%
Its own sale in 2015+1.1%
Our estimate$1,570,000

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.

My notes
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What it costs to live here

Home expense estimates

Mortgage: open the section
$6,357a 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 18 Pisa Road

Every rate from 36 lenders →
Estimated repayments
$2,932
$1,256,000 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
Average5.03%
Highest5.35%Kookmin

The lowest rather than the highest is $303 less a fortnight — about $7,882 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$2,932/fn
  • ICBC4.65%s$2,988/fn
  • Bank of China4.68%s$2,998/fn
  • AIA New Zealand4.99%$3,107/fn
  • ANZ Bank New Zealand4.99%s$3,107/fn
  • ASB Bank4.99%$3,107/fn
  • Bank of Baroda4.99%$3,107/fn
  • Police Credit Union4.99%$3,107/fn
  • Unity Credit Union4.99%s$3,107/fn
  • Kiwibank5.15%s$3,164/fn
  • Bank of New Zealand5.19%$3,178/fn
  • SBS Bank5.19%s$3,178/fn
  • The Co-operative Bank5.19%s$3,178/fn
  • TSB Bank5.19%s$3,178/fn
  • Westpac New Zealand5.19%s$3,178/fn
  • First Credit Union5.29%s$3,214/fn
  • Kookmin Bank Auckland Branch5.35%$3,236/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 18 Pisa 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

Investor insights

18 Pisa Road as a rental

Rent estimate$955/wk$830–$1,100 · Little evidence
Gross yield3.2%$49,660 a year on $1.57m
Net yield2.6%After $8,786 of costs
Cash flow−$277/wk30% deposit, interest only at 5.03%
Rent, 52 weeks$49,660
Empty between tenants 2 weeks−$1,910
Property management 9.2% incl. GST−$4,393
Maintenance 5% of rent−$2,483
Council rates this yearNot known
Landlord insurance the buildingNot known
Net income before interest$40,874
Interest $1,099,000 at 5.03%, interest only−$55,280
Cash flow before tax−$14,406

The rent covers the interest at rates up to 3.72%. That is -3.1% a year on a $471k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area208 m²
  • Decade built2010s
  • Bedrooms4
  • Bathrooms2
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilQueenstown-Lakes District
  • Valuation #29083-10004
  • 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 number302833
  • Title typeFreehold
  • Estate descriptionFee Simple, 1/1, Lot 84 Deposited Plan 375230, 4,558 m2
  • Land area4,563 m²
  • Title issued23 Apr 2007
  • Land districtOtago
Instruments on this title10 registered instrumentsEasement Instrument ×3 · Encumbrance ×2 · Transfer ×2 · Consent Notice under s221(4)(a) Resource Management Act 1991 · Mortgage · 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

We hold no building consents for this property yet. The council may hold records we have not seen.

Resource consents

What the council has been asked to allow under the Resource Management Act. None on this property · 6 land use or subdivision consents within 250 m.

Within 250 m

  1. 15 Dec 2020
    Land use

    K RAWLINSON - CHANGE CONDITION (E) OF CONSENT NOTICE 11173991.14 TO CONSTRUCT AN ACCESSORY BUILDING OUTSIDE A BUILDING PLATFORM AT 27 COOPER CRESCENT, LUGGATE

    RM201056 · Queenstown-Lakes District
    220 mGranted
  2. 8 Jan 2019
    Land use

    TO LOCATE A VEHICLE CROSSING LESS THAN 25M FROM AN INTERSECTION AND TO BREACH MINIMUM SIGHT DISTANCES & CHANGE CONSENT NOTICE CONDITION AT 1 MCINTOSH WAY, LUGGATE PARK, WANAKA

    RM190006 · Queenstown-Lakes District
    172 mGranted
  3. 23 Oct 2017
    Land use

    LAND USE TO CONSTRUCT NEW DWELLING AND DETACHED GARAGE AT 10 PISA ROAD, LUGGATE

    RM171160 · Queenstown-Lakes District
    53 mGranted
  4. 26 Apr 2017
    Land use

    LAND USE TO CONSTRUCT A DWELLING AT 25 PISA RD, LUGGATE

    RM170362 · Queenstown-Lakes District
    91 mGranted
  5. 30 May 2016
    Land use

    APPLICATION TO CONSTRUCT A SINGLE STOREY DWELLING AND TRIPLE DETACHED GARAGE, AND UNDERTAKE ASSOCIATED EARTHWORKS, LANDSCAPING AND ACCESS AT 9 PISA ROAD, LUGGATE

    RM160472 · Queenstown-Lakes District
    126 mGranted
  6. 10 Jul 2015
    Land use

    TO CONSTRUCT A DWELLING AND ACCESSORY BUILDING WITH ASSOCIATED EARTHWORKS, LANDSCAPING, ACCESS AND SERVICES AT PISA ROAD, LUGGATE

    RM150488 · Queenstown-Lakes District
    165 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 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 Luggate

Queenstown-Lakes District
426
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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