Peninsula scaling new heights scene.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scene.co.nz Daily Mail and Mail on Sunday newspapers.
Overseas Kiwi buyers boosting Queenstown house prices
Overseas Kiwi buyers boosting Queenstown house prices Sat, 16 Jan 2021, 2:01PM
The average house price in Queenstown-Lakes tipped over the $1 million mark for the first time last month. Photo / Getty Images
Overseas Kiwi buyers boosting Queenstown house prices Sat, 16 Jan 2021, 2:01PM
Sky-high property prices in Queenstown are being boosted by Australians and overseas Kiwis buying houses without stepping foot in the resort.
In December, the average house price in Queenstown-Lakes tipped over the $1 million mark for the first time, with an 8.2 per cent increase on the previous year, according to Real Estate Institute New Zealand.
Queenstown house prices: Overseas New Zealand buyers, Australians boost prices from afar
16 Jan, 2021 12:00 AM
4 minutes to read
The average house price in Queenstown-Lakes tipped over the $1 million mark for the first time last month. Photo / Getty Images
The average house price in Queenstown-Lakes tipped over the $1 million mark for the first time last month. Photo / Getty Images
Otago Daily Times
By: Matthew Mckew
Sky-high property prices in Queenstown are being boosted by Australians and overseas Kiwis buying houses without stepping foot in the resort.
In December, the average house price in Queenstown-Lakes tipped over the $1 million mark for the first time, with an 8.2 per cent increase on the previous year, according to Real Estate Institute New Zealand.