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Queenstown's affordable sections are running out - where to next?

Queenstown's affordable sections are running out - where to next?
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Entry-level going great guns


Entry-level going great guns
By PHILIP CHANDLER
Strong interest from locals in entry-level Queenstown property is flying in the face of predictions made in the wake of Covid last year.
Local Bayleys managing director David Gubb says it was assumed there’d be a lot more pressure on this sector of the market due to job losses and the like.
‘‘The reality is, for time on the market and the prices being achieved, this sector is going better than any other, or just as well.’’
A good example, he says, is Hanley’s Farm, where his company’s sold more than 200 sections since last August, and is also selling a lot of houses in the $850,000 to $1.2 million ....

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