Queenstown tackles growing housing pain

Queenstown Lakes is trying to work out where it can grow. (Image: BusinessDesk)

Wed, 28 Jul 2021

Queenstown Lakes district council will this week decide on whether to push ahead with a clutch of long-term plans to build the 16,900 new homes it needs to meet projected population growth over the next three decades.The South Island resort town has one of the country’s highest average house prices at almost $1.39 million, according to QV June data, compared to the national average of $943,000.The district’s resident population has almost doubled to about 41,000 over the past 15 years, and this is expected to double again over the n...

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