Annual Market Report Snapshot – May 2024
Since our last report in May 2023, the managed apartment market has remained fairly stable, albeit with a relatively low number of apartment sales transacting. This dynamic was in large part to...
Since our last report in May 2023, the managed apartment market has remained fairly stable, albeit with a relatively low number of apartment sales transacting. This dynamic was in large part to...
The change in Government last year has seen some election promises start to come to fruition. While we didn’t see the roll back of foreign ownership restrictions on properties over $2m, we...
While it certainly has cooled here in Queenstown over the past few weeks, but one thing that has remained hot is the tourism market which has recovered much faster and stronger than expected. ...
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,...
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...
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...
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...
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...
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...
At IQ we are constantly monitoring the market and the key economic drivers that influence the lifestyle investment sector of our dynamic real estate environment. To learn more about what all the news and insights above mean for your property get in touch. We’d love to have a chat.