PROPERTY MARKETS

Queenstown

Well, what can you say about Queenstown. A truly unique and special place to live, visit and play and of course, invest. Possibly one of the more famous small towns in the world.

iFindProperty are thrilled to offer access to the unique Queenstown Property Market to our local, national and international clients.

Days to Sell

43

Median Price

$950,000

12 Mo Price Trend

-22.1%

12 Mo Rent Trend

+$63 p/w (3br)

Last updated: May 2022. Sources: Tenancy Services & REINZ.

Queenstown at a glance

Population	39,153 (2018 census)
Forecast Population	47,700 (2028) and 54,300 (2038), source Statistics New Zealand
Tertiary Education	Southern Institute of Technology (SIT) Queenstown Resort College ACE Wakatipu
Main Industries	Accommodation and Food Services, Property Operators & Real Estate Services, Construction, Retail, Arts and Recreational Services, Professional, Scientific & Tech Services
Air	Queenstown Airport
Public Transport	Orbus Taxis

Suburbs in Queenstown

Central Queenstown

The melting pot. A lot of the rental units and apartments in town are now used as short-term holiday lets as opposed to long term rentals. Middle of town now set up more for visitors to enjoy than locals. Access into town along Frankton Rd can be a mare at peak times.

Arrowtown

Expensive. If you want to rent in beautiful Arrowtown be prepared to pay high rents, especially walking distance from the Fork and Tap (local pub and eatery).

Fernhill

West of the CBD, Fernhill is filled with rental housing for workers. It has some great views but some areas don’t see any sun in the winter. Demand and value for properties in this suburb have taken a hit due to Covid.

Frankton & Five Mile

Right next to the airport, commercial areas, and retail outlets. Mainly older rental housing stock in Frankton with new apartment complexes built for workers in Five Mile. Great access to transport in all directions.

Arthurs Point

Beautiful area with a rural feel and great access to ski fields. A lot of new rental units and houses have popped up in the last few years. Popular family and rental spot.

Hanley's Farm & Jacks Point

Only a few minutes drive to Frankton from the south. Hanley’s Farm may be the home and income capital of NZ, born out of a dire need for rental accommodation with development continuing. Jacks Point has a high end offering of accommodation in high demand at present.

Lake Hayes Estate & Shotover Country

Some community housing within extensive blocks and streets of a mixture of residential housing sizes and styles. Home to many local families and renters alike.

About Queenstown

The market is ideal for those investors:

Striving for a balanced investment portfolio.
Wanting to have a holiday home base in the beautiful Queenstown basin with income to offset the cost of ownership.
Keen on dual income property opportunities.
Who are playing the long game.

The Queenstown basin and surrounding towns like Arrowtown and Cromwell offer a breath of investment types from sections and new builds in subdivisions to apartments and units close to town to multi-income properties as well as small to large developments.

The dire predictions for the property values of the likes of Queenstown in COVID-19 times due to its heavy reliance on the tourism sector has not eventuated and have left several so-called real estate experts very red faced. No mortgagee sales here. Just investors dialling back rents for a period in the knowledge that when the world opens-up again for international travel, the Queenstown area will be in a property boom once more, fuelled by high demand from returning Kiwis and international folk wanting a truly safe and beautiful place to reside, causing rents and property values to rise again above the record figures of late 2019/early 2020.

How to Invest in Queenstown

iFindProperty is a licensed real estate agency and we cover all of the Queenstown region. We believe we are the best in the business at helping others buy, or sell, Queenstown Investment Properties.

Premium Buyers Service: For serious buyers only. Engage an iFindProperty expert to secure you a great investment that meets your criteria. Limited spaces available.
Property Listings: We advertise Queenstown listings for sale by email. Join our mailing list for free.

For Vendors

iFindProperty runs a full-service property sales operation. Work with an agent who understands property investment and how to market your property to other investors, in a way that doesn't upset your tenants!

Please contact Dean below or enquire through our website.

The Queenstown Team

Dean Horo

Licensed Salesperson
REAA 2008

Send an email

021 366 442

Featured Listings.

No featured listing as of the moment.