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.