Title boundary · 847 m² · LINZ
Unclaimed

24 Sargood Drive, Wānaka

Queenstown-Lakes District

Last sold Apr 2017

OwnBetter estimate
$1.97m
Medium confidence

We estimate it would sell for $1,970,000 as at 5 October 2026, in a range of $1,760,000 to $2,240,000.

Typical home in Wānaka
$1.71m
The median of our estimates of its 6,809 homes
How we worked this out
Council valuation, Sept 2024$1,840,000
Market movement in Queenstown-Lakes District since the council valuation+6.4%
How Wānaka sells against council values−2.6%
Homes of this age in Wānaka+0.3%
Homes in this price range−1.5%
Land as a share of the value+0.8%
Nearby recent sales (15)−0.5%
Its own sale in 2017+4.1%
Our estimate$1,970,000

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
$7,976a 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 24 Sargood Drive

Every rate from 36 lenders →
Estimated repayments
$3,679
$1,576,000 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 $380 less a fortnight — about $9,890 over the 1 year.

All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s$3,679/fn
  • ICBC4.65%s$3,749/fn
  • Bank of China4.68%s$3,762/fn
  • AIA New Zealand4.99%$3,898/fn
  • ANZ Bank New Zealand4.99%s$3,898/fn
  • ASB Bank4.99%$3,898/fn
  • Bank of Baroda4.99%$3,898/fn
  • Police Credit Union4.99%$3,898/fn
  • TSB Bank4.99%s$3,898/fn
  • Unity Credit Union4.99%s$3,898/fn
  • Kiwibank5.15%s$3,970/fn
  • Bank of New Zealand5.19%$3,988/fn
  • SBS Bank5.19%s$3,988/fn
  • The Co-operative Bank5.19%s$3,988/fn
  • Westpac New Zealand5.19%s$3,988/fn
  • First Credit Union5.29%s$4,033/fn
  • Kookmin Bank Auckland Branch5.35%$4,060/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 24 Sargood 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

24 Sargood Drive as a rental

Rent estimate$1,075/wk$930–$1,240 · Little evidence
Gross yield2.8%$55,900 a year on $1.97m
Net yield2.3%After $9,890 of costs
Cash flow−$446/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 $1,075
Property manager
Rent, 52 weeks$55,900
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$46,010
Interest $1,379,000 at 5.02%, interest only−$69,226
Cash flow before tax−$23,216
Cash flow a week−$446
Gross / net yield on the price2.8% / 2.3%
Return on equity cash flow on the deposit, before tax−3.9%
Loses money above this interest rate, before tax3.34%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 3.34%. That is -3.9% a year on a $591k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area218 m²
  • Decade built1980s
  • Bedrooms4
  • Bathrooms3
  • Parking2 car spaces
  • Property categoryUse not published
  • CouncilQueenstown-Lakes District
  • Valuation #29054-5100
  • 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 numberOT7C/973
  • Title typeFreeholdGuaranteedStandard registered title
  • Estate descriptionFee Simple, 1/1, Lot 31 Deposited Plan 16440, 845 m2
  • Legal descriptionLot 31 Deposited Plan 16440
  • Land area847 m²
  • Title issued7 Nov 1978
  • Land districtOtago
Registered instruments2 registered instruments on this titleDeed · Transfer and Grant of Easement 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. 2 consents on record.

  1. Date not published
    Adds/Alts$19,000 declared

    Addition To Existing Dwelling - Ensuite/Walkin Wardrobe

    Consent BC060301 · Queenstown-Lakes District
  2. Date not published
    New$3,400 declared

    Erect Garage - Building Code Clause B2.3.1 Applies From 5

    Consent BC960174 · Queenstown-Lakes District

Resource consents

What the council has been asked to allow under the Resource Management Act. None on this property · 17 land use or subdivision consents within 250 m.

Within 250 m

  1. 30 Oct 2024
    Land use

    D & G GRAY - TO UNDERTAKE EARTHWORKS AND BREACH SITE ACCESS STANDARDS, AND TO CHANGE CONDITION 1 OF RM220871 IN RESPECT TO THE DESIGN OF THE RESIDENTIAL UNIT AND THE LOCATION OF INTERNAL BOUNDARIES AT 9 BILLS WAY, WANAKA

    RM240878 · Queenstown-Lakes District
    132 mGranted
  2. 9 Jul 2024
    Land use

    FALMOUTH INVESTMENTS LIMITED - NEW RESIDENTIAL UNIT AND ASSOCIATED EARTHWORKS AT 26 NORMAN TERRACE, WANAKA

    RM240489 · Queenstown-Lakes District
    158 mGranted
  3. 21 Mar 2023
    Land use

    N & V INGALL - ALTERATIONS TO EXISTING DWELLING BREACHING WESTERN RECESSION PLANE AND INTERNAL SETBACK AT 6 HEUCHAN LANE, WANAKA

    RM230164 · Queenstown-Lakes District
    180 mGranted
  4. 5 Oct 2022
    Subdivision

    D & G GRAY - APPLICATION TO UNDERTAKE A 2 LOT RESIDENTIAL SUBDIVISION WITH ASSOCIATED EARTHWORKS AND LANDUSE BREACHING INTERNAL BOUNDARY SETBACKS AND DENSITY AT 9 BILLS WAY, WANAKA

    RM220871.2 · Queenstown-Lakes District
    132 mGranted
  5. 5 Oct 2022
    Land use

    D & G GRAY - APPLICATION TO UNDERTAKE A 2 LOT RESIDENTIAL SUBDIVISION WITH ASSOCIATED EARTHWORKS AND LANDUSE BREACHING INTERNAL BOUNDARY SETBACKS AND DENSITY AT 9 BILLS WAY, WANAKA

    RM220871.1 · Queenstown-Lakes District
    132 mGranted
  6. 15 Oct 2021
    Land use

    M CROSS - APPLICATION TO UNDERTAKE 180 DAYS OF RESIDENTIAL VISITOR ACCOMMODATION FROM AN EXISTING RESIDENTIAL UNIT AT 15 MORROWS MEAD, WANAKA

    RM210869 · Queenstown-Lakes District
    248 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 Wānaka

Queenstown-Lakes District
8,643
Properties on the rating roll
1 Jun 2025
Last council revaluation
Buyer demand

13 people looked at properties in Wānaka this week.

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 Wānaka

People whose office is within 5 km of Wānaka, nearest first. Taken from the REA public register -- not ranked by sales, and nobody pays to appear here.

Ray White
Amy AllanSalesperson
Ray White WanakaOffice in this suburbView profile →
Guy AltySalesperson
New Zealand Sotheby's International Realty WanakaOffice in this suburbView profile →
Sheryl AltySalesperson
New Zealand Sotheby's International Realty WanakaOffice in this suburbView profile →
Janet AndersonSalesperson
Bayleys WanakaOffice in this suburbView profile →
Robert AndersonAgent
Bayleys WanakaOffice in this suburbView profile →
Mathew AndrewsAgent
Bayleys WanakaOffice in this suburbView profile →
James AskhamAgent
Bayleys WanakaOffice in this suburbView profile →
Independent
Graeme BarbaraSalesperson
Harcourts WanakaOffice in this suburbView profile →
Independent
Graham BerrySalesperson
Berry Real Estate LimitedOffice in this suburbView profile →
Louis BoshoffBranch Manager
Bayleys WanakaOffice in this suburbView profile →
Independent
Melanie CarterSalesperson
Harcourts WanakaOffice in this suburbView profile →
Lucille ClarkeSalesperson
LJ Hooker WanakaOffice in this suburbView profile →
Who sold the most in Wānaka →

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

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