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 now be able to offer access to the Queenstown Property Market to our local, national and international clients.
Days to Sell
27
Median Price
$1,050,000
12 Mo Price Trend
+8.2%
12 Mo Rent Trend
-$70 p/w (3br)
Last updated: January 2021. Sources: Tenancy Services & REINZ.
| 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 |
The market is ideal for those investors:
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 Queenstown property market has changed significantly in the wake of the global Covid-19 pandemic, but has proved remarkably resilient, with confidence growing again and big infrastructure spending in the pipeline (Colliers International’s newly released Otago Market Review and Outlook 2020-2021).
The dire predictions for the likes of Queenstown due to its heavy reliance on the tourism sector have not eventuated and have left several so-called real estate experts very red faced. No mortgagee sales here. Just investors dialing 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.
Some say, the next 12-18 months from the start of 2021 may be the last time ever some small to medium size investors will have a realistic opportunity to enter the Queenstown property market in a neutral or even positive cashflow position, mostly due to the existing low interest rates, even when rents are at their lowest for many years.
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.
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.
No featured listing as of the moment.