Australian visitor numbers to Queenstown for the 12 months to February 2024 eclipsed pre-Covid numbers, the only destination in the country to see real growth in the transtasman market since 2019. But...
The rumour mill has been buzzing in recent weeks with a hint that the Government may ease foreign ownership restrictions on properties over $5m. During the 2023 election campaign the National Party...
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 first residential development north of Queenstown’s Frankton-Ladies Mile highway has just hit the market. Waipuna Rise, across the highway from the Queenstown Central shopping complex, is within the newly-approved 27-hectare Frankton...
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...