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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 $2,275,000 and this has changed 42.19% over the past year and changed -5.33% over 2 years.

The median rent in Queenstown for houses is $1,000 per week and the median rental yield is 2.29%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 106 days.The median listing price for units is $805,000 and this has changed 7.48% over the past year. The average unit takes 155 days to sell and the median rent for a unit in Queenstown is $665 per week, producing a rental yield of 4.30%.

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 $2,275,000 NA $805,000
Median price change - last quarter 15.15% NA 11.58%
Median price change - 1 year 42.19% 7.48% 7.48%
Median price change - 2 years -5.33% 18.93% -3.97%
  House Townhouses Units
Median weekly rent $1,000 NA $665
Median yield % 2.29% NA 4.30%
Median rent change - 1 year 29.03% NA 11.76%
  House Units
Average days on market 106 155

Queenstown investment property listings

Showing 5 of 68 investment properties found in Queenstown on realestateinvestar.co.nz

15/151 Frankton Rd, Queenstown

$1,320,000

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Divesting this Dream Position

After 30 years of making memories and enjoying this Spinnaker Bay townhouse, our owners are relinquishing their Queenstown holiday home, offering a rare opportunity and a unique lifestyle only 4 minutes from the town centre. Living in this location is the absolute Queenstown dream. A sought-after ...

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Otago 9300


127 and 12/21 Stanley St, Queenstown

$880,000

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Stunning view and outdoor living space

This exceptional ground-floor unit at the Aurum Scenic Suites is freshly renovated and offers a panoramic view of Lake Wakatipu and Queenstown. With two spacious patios screened by lush garden, you can enjoy nearly all-day sun and soak in the expansive scenery. Comprising two interconnecting ...

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Unit

Otago 9348


105/5 Coronation Dr, Queenstown

$579,000

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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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Unit

Otago 9300


G07/98 Gorge Rd, Queenstown

$850,000

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Live-Work Ease in Downtown Queenstown

Discover the perfect blend of lifestyle and opportunity at Unit G07, 98 Gorge Road - a live-work unit with the added advantage of two car parks. Priced at $850,000, this unique property offers an ideal investment for those seeking a live-in and work lifestyle. Positioned as an end unit, this ...

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Otago 9300


123/21 Stanley St, Queenstown

$305,000

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Seriously Under Market Value

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

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Otago 9300


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