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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 $2,200,000 and this has changed 37.50% over the past year and changed -5.83% over 2 years.

The median rent in Queenstown for houses is $1,075 per week and the median rental yield is 2.54%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 81 days.The median listing price for units is $805,000 and this has changed 11.96% over the past year. The average unit takes 154 days to sell and the median rent for a unit in Queenstown is $690 per week, producing a rental yield of 4.46%.

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 $2,200,000 NA $805,000
Median price change - last quarter 15.15% NA 11.58%
Median price change - 1 year 37.50% 11.96% 11.96%
Median price change - 2 years -5.83% 6.60% -10.01%
  House Townhouses Units
Median weekly rent $1,075 NA $690
Median yield % 2.54% NA 4.46%
Median rent change - 1 year 34.38% NA 15.00%
  House Units
Average days on market 81 154

Queenstown investment property listings

Showing 5 of 7 investment properties found in Queenstown on realestateinvestar.co.nz

6/80 McAdam Dr, Jacks Point

$368,000

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Co-Own this exclusive Apartment 6 for $368,000

Following the successful sale of all 8 shares in Apartment 3, Village Works Quarters at Jack's Point we are pleased to announce in conjunction with the developers Falconer, a second apartment number 6 at Jack's Point for Co-Ownership. This provides a further eight co-owners the opportunity to own ...

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3

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2

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Unit

Otago


19 Jollys Rd, Cromwell

$0

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Solid first home!

Step into your first home or investment property that offers all the extras you've been looking for. This charming home has been thoughtfully updated and is ready for you to move in and enjoy. The home features fresh paint and new carpet throughout, providing a fresh, modern feel. The ...

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3

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House

Otago 9310


228A Earnscleugh Rd, Alexandra

$0

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The one you've been waiting for

Discover a truly unique opportunity in a highly sought after location, only minutes from Alexandra. This expansive 2.43 hectare property (more or less) offers a blend of multi-generational living, guest accommodation, income potential, and a small orchard living envied by many. Main ...

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3

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Other

Otago 9391


70 Jack Hanley Dr, Jacks Point

$0

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Home and Income - Must Be Sold

Our owners have left town and are committed to a quick sale of this stylish property. Built in 2020, 70 Jack Hanley Drive offers a higher specification than usual, and attention to detail was at the forefront of construction. There are added extras like polished concrete flooring and ...

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4

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House

Otago


38 Stratford Dr, Cromwell

$0

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Efficient, Modern Luxury

Step into an unparalleled living experience with our latest listing, nestled in one of Central Otago's most coveted locations. This exceptional high-spec, energy-efficient ECO-block home has been meticulously designed and built to ensure the pinnacle of comfort and style. Just a short drive from ...

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4

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House

Otago 9310


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