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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 $1,350,000 and this has changed 8.00% over the past year and changed -21.63% over 2 years.

The median rent in Queenstown for houses is $650 per week and the median rental yield is 2.50%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 77 days.The median listing price for units is $700,000 and this has changed -7.22% over the past year. The average unit takes 109 days to sell and the median rent for a unit in Queenstown is $480 per week, producing a rental yield of 3.57%.

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 $1,350,000 $997,000 $700,000
Median price change - last quarter 6.04% -16.74% -0.07%
Median price change - 1 year 8.00% -7.22% -7.22%
Median price change - 2 years -21.63% 4.60% 1.28%
  House Townhouses Units
Median weekly rent $650 NA $480
Median yield % 2.50% NA 3.57%
Median rent change - 1 year -10.34% NA -3.03%
  House Units
Average days on market 77 109

Queenstown investment property listings

Showing 5 of 104 investment properties found in Queenstown on realestateinvestar.co.nz

4A/54 Fryer St, Queenstown

$695,000

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Location, views, VA consent

This tidy unit enjoys the versatility of either long-term or short-term rental opportunities, with the highly desirable 180 day visitor accommodation consent already in place. It is currently being run as a short-term rental. Sit back, relax and watch your investment grow with this ...

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Unit

Otago 9300


112/16 Mountain Ash Dr, Queenstown

$799,000

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Stylish with Stunning Vistas

This dual key apartment with stunning views of The Remarkables offers superb living with a considered floor plan. Occupying approximately 83sqm including a balcony looking out to the Remarkables, this apartment is prime Queenstown buying. The multi-use configuration means the two bedrooms can be ...

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Unit

Otago 9348


Villa 5/355 Frankton Rd, Queenstown

$1,375,000

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Investment? Could be! ...Holiday home? Maybe!?....

Tired of being locked in and unable to travel overseas? Why don't you secure yourself a beautiful villa in Queenstown!? Whether you are looking for a hassle-free investment with all the benefits of new build, a holiday home or an easy life by the lake - this three bedroom, three bathroom property ...

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Unit

Otago 9300


8a/643 Frankton Rd, Queenstown

$597,000

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365 VA Consent, Location and Views

Ideally located between the excitement of Queenstown and the convenience of Frankton, this property offers the quintessential Queenstown experience that locals, holiday-goers and investors covet. 365 day Visitor Accommodation consent, big views of the lake and mountains, modern and fully furnished ...

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Otago 9300


208/21-25 Stanley St, Queenstown

$415,000

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Make someone else's loss your gain

The Aurum Scenic Suites are modern, well managed and in a superb, walk to town location. This 60sqm apartment with generous living space has a full kitchen, full laundry facilities, separate bedroom, ensuite & courtyard balcony. This complex has stood the test of time and flourished. It offers ...

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Unit

Otago 9300


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