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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 $2,250,000 and this has changed 4.29% over the past year and changed 34.84% over 2 years.

The median rent in Queenstown for houses is $1,225 per week and the median rental yield is 2.83%. 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 $850,000 and this has changed 16.92% over the past year. The average unit takes 143 days to sell and the median rent for a unit in Queenstown is $700 per week, producing a rental yield of 4.28%.

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 $2,250,000 NA $850,000
Median price change - last quarter 0.00% NA 6.32%
Median price change - 1 year 4.29% 16.92% 16.92%
Median price change - 2 years 34.84% NA -7.09%
  House Townhouses Units
Median weekly rent $1,225 NA $700
Median yield % 2.83% NA 4.28%
Median rent change - 1 year 28.95% NA 12.00%
  House Units
Average days on market 106 143

Queenstown investment property listings

Showing 5 of 70 investment properties found in Queenstown on realestateinvestar.co.nz

13A/135 Hallenstein St, Queenstown

$1,040,000

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Central Queenstown Living - with 365 days VA

Nestled in the heart of Queenstown, this beautifully designed two-bedroom, two-bathroom apartment offers an unbeatable location - just a short stroll to the vibrant Steamer Wharf, home to the TSS Earnslaw, renowned restaurants and lively bars. Step onto the balcony and take in breathtaking views ...

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Unit

Otago 9300


8 The Rees, Queenstown

$1,250,000

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Unrivalled Luxury at The Rees Hotel

Nestled on the shores of Lake Wakatipu, The Rees Hotel Queenstown offers an extraordinary blend of five-star luxury, natural beauty, and top New Zealand hospitality. This sophisticated hotel epitomizes the ultimate escape, where privacy, comfort, and convenience seamlessly meet with personalised ...

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Unit

Otago 9348


402/24 Frankton Rd, Queenstown

$239,000

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Hassle-Free Investment In Ramada Queenstown

Investors seeking an enticing opportunity in Queenstown should consider the Ramada Queenstown Central hotel. Its stylish apartments, located in the heart of the city, boast contemporary furnishings, premium amenities, and quality European kitchen appliances. With a reputable commercial tenant and ...

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1

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Unit

Otago 9300


19 Woodbury Rise, Queenstown Central, Queenstown

$1,050,000

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A Golden Opportunity!

This home is an excellent opportunity for first time buyers seeking a combination of comfort, practicality, and stunning views. Situated at the end of a quiet cul-de-sac in Goldfield Heights, the property offers tranquil surroundings with breathtaking views of Lake Wakatipu and the Remarkables ...

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3

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Unit

Otago 9348


1/375 Frankton Rd, Queenstown

$1,295,000

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Come home to The Rees

This beautifully presented two bedroom, two bathroom apartment is not only the first of its type to be available for sale for over a decade, but at a whopping 112m2 internal, it is one of just 3 two bedroom apartments of this size in the entire Rees complex. Designed to deliver a true "second ...

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2

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Unit

Otago 9300


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