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Sold on 17 Jun 2026

587 Peninsula Road, Kelvin Heights, Queenstown

SOLD: $5,700,000
  • 3 Beds
  • 2 Baths
  • 2 Parks

Property details

Ownership type (Council record)
Freehold
Floor Area (Council record)
140m² more or less
Land area (Council record)
1199m² more or less
Bedrooms (Council record)
3 Bedrooms
Bathrooms (Council record)
2 Bathrooms
Garage parking (Council record)
2 Garage parking
Off-street parking
2 Off-street parking
Has deck
Yes
View type
Water
Decade built
1970s
Wall material
Wood in all forms, including treated plywood and compressed wood products
Roof material
Iron, including steel and corrugated long-run
Building footprint
140m² more or less
Contour
Easy to moderate fall
Capital value (CV)
$3,580,000
Land value
$3,480,000
Improvement value
$100,000
Certificate of title
OTB1/122
Legal description
LOT 37 DP 9655 KAWARAU FALLS TSP EXTN NO 1
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HomesEstimate

Updated:

$3.07M - $3.48M

What is the HomesEstimate?

RentEstimate

Updated:

$2,000 - $3,180 /week

Rental yield

4.1%

What is rental yield?

Estimated value history for 587 Peninsula Road, Kelvin Heights, Queenstown
DateThis homeThis suburb
$2.18M
$2.17M
$3.22M (range $3.08M to $3.37M) $2.19M
$3.29M (range $3.11M to $3.46M) $2.25M
$3.38M (range $3.16M to $3.59M) $2.28M
$3.3M (range $3.09M to $3.52M) $2.28M
$3.24M (range $3.04M to $3.44M) $2.25M
$3.26M (range $3.04M to $3.48M) $2.27M
$3.37M (range $3.13M to $3.62M) $2.27M
$3.44M (range $3.21M to $3.67M) $2.33M
$3.38M (range $3.16M to $3.59M) $2.28M
$3.35M (range $3.16M to $3.53M) $2.24M
$3.33M (range $3.13M to $3.54M) $2.25M
$3.42M (range $3.22M to $3.62M) $2.31M
$3.36M (range $3.16M to $3.55M) $2.27M
$3.17M (range $2.96M to $3.37M) $2.18M
$3.39M (range $3.17M to $3.6M) $2.24M
$3.28M (range $3.02M to $3.53M) $2.25M
$3.41M (range $3.19M to $3.64M) $2.25M
$3.28M (range $3.05M to $3.51M) $2.23M
$3.42M (range $3.21M to $3.62M) $2.23M
$3.45M (range $3.22M to $3.67M) $2.28M
$3.39M (range $3.15M to $3.63M) $2.27M
$3.35M (range $3.16M to $3.54M) $2.3M
$3.39M (range $3.21M to $3.58M) $2.29M
$3.41M (range $3.21M to $3.61M) $2.3M
$3.31M (range $3.1M to $3.51M) $2.31M
$3.27M (range $3.07M to $3.48M) $2.31M
Capital value
$3.58M
Capital value updated
Land value
$3.48M
Improvement value
$100K

Sale history timeline

Local Schools

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.

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