Queenstown

Queenstown Lifestyle

Cultural Sophistication

Drivers For Property Growth

Queenstown Property Market

Queenstown Property Market

Queenstown has seen an unprecedented demand for property during the last three years. The fundamental rules of property investment are location, architecture and quality, and all of those are catered for with Commonage Close, a unique development within Queenstown Bay.

Unlike other established international resorts where the property market has already reached maturity, Queenstown's growth is based on a relatively low property value level and continues to offer long term investment opportunities.

The surge in property development activity has been fuelled by Queenstown's growing reputation as an international tourist destination coupled with a sustained annual growth rate.

Queenstown continues to attract not only sophisticated, independent, interactive travellers but also international property investors due to the following key factors:

  • Growth in the importance of a safe and ‘green’ lifestyle following terrorism events worldwide.
  • ‘Baby boomer’ expats returning to invest in New Zealand.
  • Growth in airline capacity into the region.
  • No capital gains tax, land tax or stamp duty charges in New Zealand, which enhances investor return.



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