Uncategorized

28 April, 2023

Autumn Market Update

As temperatures start to cool, the market has also settled in recent months and, while the general market commentary around real estate in New Zealand has been fairly negative in recent months,...

22 February, 2023

Queenstown Airport Pays Record Dividend

On the back of a superb 2022 winter season, recovering Australian and domestic visitor numbers and an increasing local population, Queenstown Airport recorded gross revenue of over $30m for 6 months to...

14 February, 2023

Average Quarterly House Value Falls

The first chink has shown in the Queenstown property market. The latest figures from Quotable Value, which released its national property report this morning, show a drop in house prices in the...

11 February, 2023

Consented Hotel Site up for Grabs

One of Queenstown’s most talked about commercial sites is once again up for grabs. After obtaining resource consent for a 393 room hotel along with 12 retail tenancies in 2019, local developer...

26 January, 2023

What Can We Expect in 2023?

It is always difficult to predict what is going to happen in the property market, let alone in a climate where there is so much global uncertainty. Couple this with the ongoing...

22 December, 2022

$70m Sale Pending

In what would be Queenstown’s largest real estate deal for some time, a large slice of Homestead Bay, 163.46 hectares between Jack’s Point and Lakeside Estates, is under contract to an undisclosed...

19 December, 2022

Ngai Tahu Delivers on Affordable Housing Promise

A virtually-complete three-level apartment block in central Queenstown incorporates some of the resort’s most affordable housing. The first building in Ngāi Tahu Property’s residential development, Te Pā Tāhuna, on the former Wakatipu...

24 September, 2022

Average House Price Reaches $1.7m

The value of Queenstown homes remains stubbornly high as it bucks nation trends and sets a new record average valuation of almost $1.7 million. Quotable Value (QV) figures for the three months...