Queenstown Property Market Update | Ep. 38

In this episode, we are once again joined by Josh Graham from Roost Mortgages. And we discuss the Queenstown Property Market. 

Queenstown has a unique property market due to the impact of tourism and its landscape. The lake and high mountains reduce the amount of land available for housing in central Queenstown, and hotels with big pockets crowd out some land that could otherwise be used for housing. 

Because the economy is primarily driven by tourism, most young people are working in low-paid hospitality, making it hard for them to enter the housing market. And high building costs continue to push house prices higher.

If you want to learn more about property investment, head to Opes Partners website.