first-home buyers

By PHILIP CHANDLER If you’re needing proof Queenstown’s in the middle of a property boom, check out Jack’s Point’s Willow Pond. An 82-property enclave, bordering Hanley’s Farm, it surrounds a natural lake, Willow Pond, that’s being transformed from what was a...
By PHILIP CHANDLER The boss of New Zealand’s biggest home-building company believes red tape’s one of the main reasons for ever-escalating housing costs. ‘‘I don’t think anybody has all the solutions,’’ G.J.Gardner Homes chief executive/co-owner Grant Porteous says. But he believes the...
By PHILIP CHANDLER Strong interest from locals in entry-level Queenstown property is flying in the face of predictions made in the wake of Covid last year. Local Bayleys managing director David Gubb says it was assumed there’d be a lot more...

Awards come home to Roost

By PHILIP CHANDLER Arrowtown-based Roost Mortgage Brokers has something to crow about. Despite, or even because of, the difficult year Queenstown’s experienced, the firm’s performed outstandingly at the NZ Mortgage Awards announced recently. Principal Mark Pullar jointly won‘independent mortgage adviser of the...

Property market resilient

By PHILIP CHANDLER Despite continuing Covid-19-induced uncertainty, Queenstown’s residential property market’s proving to be remarkably resilient. That’s the key finding from Colliers International’s just-released ‘Otago Market Review and Outlook 2020/21’. The firm’s local registered valuer/property consultant Heather Beard says: '‘In the short...
By PHILIP CHANDLER Forget Covid — an Arrowtown-based mortgage broker reports Queenstown’s residential real estate market remains ‘‘surprisingly buoyant’’. Roost Mortgage Brokers principal Mark Pullar says first-home buyers and investors, ‘‘energised’’ by both the temporary removal of loan-to-value restrictions and the prospect...

Point complex matures

By PHILIP CHANDLER A 34-unit European-style terraced housing complex is nearly complete in Queenstown's Arthurs Point. It's the third stage of Bullendale - an 88-unit 'special housing area' (SHA). The first two stages, which sold to a good proportion of first-home buyers,...

Housing handout boost

National's making a late bid for votes from Queenstown's desperate first-home buyers. Building and Construction spokesman Nick Smith says he's asked officials to look at hiking Queenstown's upper limits for the government's HomeStart grants. "The most likely outcome is that it will...
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