Estimate

489 Peninsula Road, Kelvin Heights, Queenstown

HomesEstimate: $1.86M - $2.1M

4 Beds
2 Baths
2 Parks

Ownership type (Council record): Freehold

Floor Area (Council record): 200m² more or less

Land area (Council record): 751m² more or less

Bedrooms (Council record): 4 Bedrooms

Bathrooms (Council record): 2 Bathrooms

Garage parking (Council record): 2 Garage parking

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HomesEstimate

Updated: 14 May 2026

$1.86M - $2.1M

What is the HomesEstimate?

RentEstimate

Updated: 02 May 2026

$1,870 - $3,340 /week

Rental yield

6.8%

What is rental yield?

These are computer-generated price estimates.
To understand your home’s value, get an appraisal from a local agent.

Sale history timeline

01 January 2026
Consent issued
Renovations & extension of existing dwg, including new deck & reroofing
01 September 2024
Capital Value
$1,970,000
01 September 2021
Capital Value
$1,820,000
01 July 2017
Capital Value
$1,300,000
01 July 2014
Capital Value
$720,000
13 May 2005
Sold
$N/A
S13
22 August 2001
Sold
$N/A
S13
19 June 1991
Sold
$200,000
S11
20 August 1986
Sold
$160,000
S11
07 July 1985
Sold
$130,000
S11
04 June 1984
Sold
$86,000
S11
01 January 1980
Decade built
1980

Local Schools

IN ZONE St Joseph's School (Queenstown)
25 Beetham Street
2.4 km
Full Primary (Primary & Intermediate), State : Integrated, 139 enrolled
IN ZONE Remarkables Primary School
49 Lake Avenue
3.6 km
Full Primary (Primary & Intermediate), State, 440 enrolled
UNZONED Education Angels In Home Childcare
Level 1 45 Camp Street
2.8 km
Homebased Network (Early Childhood), Privately owned, 42 enrolled

OUT OF ZONE Queenstown Primary School
20 Robins Road
3 km
Full Primary (Primary & Intermediate), State, 582 enrolled
UNZONED Queenstown Playcentre
Queenstown Primary School Robins Road
3 km
Playcentre (Early Childhood), Community based, 25 enrolled
UNZONED Kidsfirst Kindergartens Wakatipu
Brecon Street
3.1 km
Free Kindergarten (Early Childhood), Community based, 33 enrolled
UNZONED Kidsfirst Kindergartens Frankton
13 Robertson Street
3.6 km
Free Kindergarten (Early Childhood), Community based, 34 enrolled
UNZONED Kingsview School
14 Yewlett Cresent
3.7 km
Full Primary (Primary & Intermediate), State : Integrated, 64 enrolled
UNZONED Wakatipu High School
47-49 Red Oaks Drive
4.7 km
Secondary (Year 9-13) (Secondary), State, 1451 enrolled
UNZONED Wakatipu Playcentre
49 Red Oaks Drive
4.8 km
Playcentre (Early Childhood), Community based, 20 enrolled
UNZONED Liger Leadership Academy
Unit 10 34 Grant Road
4.9 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), Private : Fully Registered, 52 enrolled
OUT OF ZONE Te Kura Whakatipu O Kawarau
85 Howden Drive
5.2 km
Full Primary (Primary & Intermediate), State, 449 enrolled
OUT OF ZONE Shotover Primary School
57 Stalker Road
7.6 km
Full Primary (Primary & Intermediate), State, 593 enrolled
UNZONED Cromwell College
Barry Avenue
39.5 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 692 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.