Finding a picture…
Estimate $1.95m – $2.47m
4
56 West Meadows Drive, Wānaka
Title boundary · 730 m² · LINZ
Unclaimed
59 Kelliher Drive, Wānaka
Queenstown-Lakes District
Last sold Jul 2022
OwnBetter estimate
$2.26m
Medium confidence
We estimate it would sell for $2,260,000 as at 5 October 2026, in a range of $2,030,000 to $2,570,000.
Typical home in Wānaka
$1.71m
The median of our estimates of its 6,809 homes
$2.03mLow
$2.13mCouncil value
$2.26mEstimate
$2.57mHigh
How we worked this out
| Council valuation, Sept 2024 | $2,130,000 |
|---|---|
| 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 | +1.8% |
| Homes in this price range | −0.2% |
| Land as a share of the value | +0.3% |
| Nearby recent sales (15) | −2.1% |
| Its own sale in 2019 | +2.7% |
| Our estimate | $2,260,000 |
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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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 59 Kelliher Drive
Estimated repayments
$4,221
$1,808,000 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 $436 less a fortnight — about $11,346 over the 1 year.
All 17 lenders at 1 year fixed
- China Construction Bank4.49%s$4,221/fn
ICBC4.65%s$4,301/fn
Bank of China4.68%s$4,316/fn
AIA New Zealand4.99%$4,472/fn
ANZ Bank New Zealand4.99%s$4,472/fn
ASB Bank4.99%$4,472/fn
Bank of Baroda4.99%$4,472/fn
Police Credit Union4.99%$4,472/fn
Unity Credit Union4.99%s$4,472/fn
Kiwibank5.15%s$4,554/fn
Bank of New Zealand5.19%$4,575/fn
SBS Bank5.19%s$4,575/fn
The Co-operative Bank5.19%s$4,575/fn
TSB Bank5.19%s$4,575/fn
Westpac New Zealand5.19%s$4,575/fn
First Credit Union5.29%s$4,626/fn- Kookmin Bank Auckland Branch5.35%$4,657/fn
Brokers can often beat the advertised rate Tell us a few things and mortgage brokers compete to finance 59 Kelliher 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
59 Kelliher Drive as a rental
Rent estimate$1,125/wk$980–$1,290 · Little evidence
Gross yield2.6%$58,500 a year on $2.26m
Net yield2.1%After $10,350 of costs
Cash flow−$604/wk30% deposit, interest only at 5.03%
| Rent, 52 weeks | $58,500 |
|---|---|
| Empty between tenants 2 weeks | −$2,250 |
| Property management 9.2% incl. GST | −$5,175 |
| Maintenance 5% of rent | −$2,925 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $48,150 |
| Interest $1,582,000 at 5.03%, interest only | −$79,575 |
| Cash flow before tax | −$31,425 |
The rent covers the interest at rates up to 3.04%. That is -4.6% a year on a $678k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area236 m²
- Decade built2010s
- Bedrooms4
- Bathrooms2
- Property categoryUse not published
- CouncilQueenstown-Lakes District
- Valuation #29053-74378
- 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 number685599
- Title typeFreehold
- Estate descriptionFee Simple, 1/1, Lot 17 Deposited Plan 484206, 729 m2
- Land area730 m²
- Title issued24 Nov 2015
- Land districtOtago
Instruments on this title9 registered instrumentsConsent Notice under s221(4)(a) Resource Management Act 1991 ×2 · Easement Instrument ×2 · Encumbrance · Grant of Easement Without Transfer · Mortgage · Transfer · 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
Building work the council has consented on this property, newest first. 1 consent on record.
- 1 Apr 2016Adds/Alts$491,099 declared
59 Kelliher Drive
Consent BC160294 · Queenstown-Lakes District
Resource consents
What the council has been asked to allow under the Resource Management Act. None on this property · 9 land use or subdivision consents within 250 m.
Within 250 m
- 13 Jun 2022Land use
M HORRAX - RESIDENTIAL VISITOR ACCOMMODATION FOR UP TO 180 NIGHTS PER YEAR AT 33A OLD STATION ROAD, WANAKA
RM220480 · Queenstown-Lakes District236 mGranted - 26 Jan 2021Land use
A & S MARTIN - CONSTRUCT A RESIDENTIAL DWELLING AND VARY CONSENT NOTICE 6542711.19 AT 26 KELLIHER DRIVE, WANAKA
RM200970 · Queenstown-Lakes District245 mGranted - 27 Oct 2020Land use
WILLIAMSON FAMILY TRUST - TO OPERATE 90 DAY RESIDENTIAL VISITOR ACCOMMODATION FROM EXISTING RESIDENTIAL UNIT. BREACHES IN REGARDS TO ACCESS AND PARKING REQUIREMENTS AT 42 KELLIHER DRIVE, WANAKA
RM200823 · Queenstown-Lakes District101 mGranted - 30 Sep 2020Land use
B & L YOUNG BUILDING 2003 LIMITED - CONSTRUCT A RESIDENTIAL DWELLING THAT WILL EXCEED BUILDING COVERAGE AND BOUNDARY SETBACK STANDARDS, AND AN ASSOCIATED SECTION 221 CHANGE TO CONSENT NOTICE 10248231.4 AT 2 EDEN CLOSE, WANAKA
RM200740 · Queenstown-Lakes District121 mGranted - 27 Jun 2018Land use
APPLICATION FOR LAND USE CONSENT TO UNDERTAKE VISITOR ACCOMMODATION FROM AN EXISTING RESIDENTIAL UNIT AT 33B OLD STATION AVENUE, WANAKA
RM180833 · Queenstown-Lakes District236 mGranted - 15 Dec 2017Land use
APPLICATION TO VARY CONDITION 4 OF RM160990 WITH REGARD TO THE APPROVED COLOURS AT 6A AND 6B GALLOWAY TERRACE, WANAKA
RM171387 · Queenstown-Lakes District223 mGranted
Ministry for the Environment, National Monitoring System, July 2014 to June 2025. All resource consents
Unclaimed
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3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.
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 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 Wānaka
Queenstown-Lakes District
8,287
Properties on the rating roll
1 Jun 2025
Last council revaluation
Buyer demand
12 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
Guy AltySalesperson
Sheryl AltySalesperson
Janet AndersonSalesperson
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Independent
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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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