News

Cost of wages pushes Queenstown building prices over NZ average

By on June 26, 2017

Our neighbours over the hill are felling the pinch with relative build costs, it costs almost 20 per cent more to build an average home in Queenstown compared to other places in New Zealand.

According to dwelling consent figures from Statistics New Zealand, the average building cost per square metre in the Queenstown Lakes district was $2268 in the year ended August 2016.

It cost $1827 per square metre to build in neighbouring Central Otago, while in Auckland it was $2081. The national average was $1908.

For the full article read here

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mitch campbell

Welcome to my property hub, a place designed to showcase the very best of premium property in Central Otago and provide you with everything you need to ensure that your journey of buying or selling in this beautiful region is as smooth as possible.

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