Queenstown – an internationally renowned tourist mecca
Another boom town, Queenstown is a tourism mecca. The mountains of Queenstown lakes district have made Queenstown a world class ski destiation with the Remarkables, Coronet, and Cardona all offering superb facilities. World class are the words to ponder on here for a moment. This place is magical. Surrounded by majestic mountains and set on the shores of crystal clear Lake Wakatipu, the natural beauty and the unique energy of the region create the perfect environment for a boom town in the middle of an apres ski resort type environment.
Now Queenstown has become an international tourist mecca the permanent population is also expanding. New Zealand property investor had this to say about Queenstown:
It’s understating facts to say the Queenstown Lakes District region is an x-factor place. It’s New Zealand life with glamour and excitement added in equal measure.
It stands to reason long-term property investors should listen up. If regions were people, the Queenstown one – incorporating Frankton, Arrowtown, Lake Hayes and Wanaka – would be the genetically endowed.
Averaged out, capital gain factors are perennially strong here. Internationally renowned scenic beauty and adventure tourism say why.
High visitor demand has precipitated new flights, more directly from eastern Australia in particular. According to Colliers International 2015 statistics, aviation arrivals in Queenstown have risen by 40% since 2009. Increasingly, “downtime” months no longer happen.
A long-term property valuer can remember years past when in May Queenstown was just waiting for winter fun. Now tourism is less purely seasonal, making it a safer property investment proposition.
Tourist spend in Queenstown alone has been estimated to exceed $1.2 billion annually, with as many as 57,000 in the daytime population during peak months and at least 48,000 in slightly cruisier months. Around 20,000 more people a day are projected in the next decade.
There are opportunities everywhere in Queenstown although localised knowledge is in demand. If you want to move here or are either experienced in the property sector or would like to enter the industry, we are keen to help.