Queenstown Becomes a $1M Dollar Town
Queenstown now features more than just million dollar views. With continued strong growth for the year to Dec 2016 (with a 32.2% increase) Queenstown now also has an average house price of NZD$1M.
This growth is driven by a number of factors including the simple fact that demand is far out stripping supply, especially in the luxury property sector.
"The Queenstown District now joins Auckland as the only areas in New Zealand to have an average house price of $1 million... "
Posted: Mon 03 Apr 2017