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Investment Property Queenstown, Otago

Suburb Snapshot

Queenstown is a suburb in the Queenstown-Lakes Region of Otago. Queenstown has a population of 5,118 people and 60.73% of its occupants live in rental accommodation. The median listing price for houses is $2,125,000 and this has changed 32.81% over the past year and changed 6.74% over 2 years.

The median rent in Queenstown for houses is $950 per week and the median rental yield is 2.32%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 145 days.The median listing price for units is $715,000 and this has changed -8.33% over the past year. The average unit takes 128 days to sell and the median rent for a unit in Queenstown is $600 per week, producing a rental yield of 4.36%.

Supply & Demand in Queenstown, Queenstown-Lakes

27,895

Population


37.12%

Rental population


202,732

Population


29.35%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Queenstown, Queenstown-Lakes

  House Townhouses Units
Median listing price $2,125,000 NA $715,000
Median price change - last quarter 28.91% NA 2.52%
Median price change - 1 year 32.81% -8.33% -8.33%
Median price change - 2 years 6.74% 16.35% 2.77%
  House Townhouses Units
Median weekly rent $950 NA $600
Median yield % 2.32% NA 4.36%
Median rent change - 1 year 26.67% NA 9.09%
  House Units
Average days on market 145 128

Queenstown investment property listings

Showing 5 of 74 investment properties found in Queenstown on realestateinvestar.co.nz

105/5 Coronation Dr, Queenstown

$549,000

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Live in the heart of Queenstown!

This spacious and sunny studio apartment in the St James complex is an absolute gem. Located on the first floor with lift access, it gives the new owners the opportunity to live in town, use it as your private holiday pad, rent out long term or let the onsite management take care of your ...

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Otago 9300


32/96 Fernhill Rd, Queenstown

$1,285,000

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Prized Platinum Alpine Apartment

Perfectly positioned only moments' to downtown Queenstown in a truly magnificent setting, we present a rare opportunity to purchase a sought after Alpine Platinum Villa. Exuding elegance and sophistication, Platinum Villas have been crafted for discerning holiday-makers that seek low maintenance ...

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Unit

Otago 9300


8 Stone Ridge Pl, Queenstown

$2,125,000

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Looking for a lock and leave holiday home?

This wonderful residence has been a haven for our sellers, however they have already moved out and onto their next adventure, so 8 Stone Ridge Place must be sold! This property would be the perfect lock and leave, live in full time or investment property and already has up to 90 days visitor ...

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House

Otago 9300


19 Goldleaf Hill, Queenstown Central, Queenstown

$1,500,000

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GOLDFIELD HEIGHTS - UNDER CLEAR INSTRUCTIONS

Perched high on the hill and at the end of a quiet cul-de-sac, this freestanding home in the sought-after Goldfield Heights location boasts breathtaking views of Lake Wakatipu and its surrounding mountains. Step inside to discover an inviting open-plan layout, where the spacious kitchen seamlessly ...

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House

Otago 9348


123/21 Stanley St, Queenstown

$317,000

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Exceptional value: your opportunity awaits

Priced at an irresistible $317,000, well below its market value, this unit stands as a prime investment opportunity, offering exceptional value for discerning buyers. Conveniently situated within a leisurely stroll from Queenstown's vibrant town centre and recently renovated, the complex ...

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Otago 9300


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