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.
Queenstown property values have continued to increase post COVID and the shortage of rental accommodation in the region has again hit the
news. Many investors have returned to offering their properties for short term holiday lets which has again left a shortfall of properties
available for long term letting.