Mountain Scene
June 29, 2021
Queenstown’s Arthurs Point is proving to be a property hotspot this year.
Since January there’ve been 18 property sales there, with half the properties selling for $1.2 million-plus the highest price, $1.65m, was paid for a six-bedroom Larkins Way home.
The only non-house sales were a section at Larchmont Close which went for $855,000 and a Powder Terrace apartment that sold for $765,000.
Tall Poppy Queenstown agent Ron Blunden, who lives in Arthurs Point, believes some house values there have risen about $200,000 this year alone.
That in turn has triggered a much higher number of sales than you’d usually see, he says.