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Hot Topic ELECTIONS
Hot Topic ELECTIONS
Property
3 mins to read

Foreign buyers head to Queenstown, as restrictions loosen

Southern Lakes now account for nearly 80% of sales above the $10 million mark, realtor says.

Private jets head to Queentown, in quest of $5m plus homes.

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Sotheby's International Realty says home sales in the $5 million-plus category are up 56% on the same time last year, with the Southern Lakes region dominating proceedings.

The firm's Lakes-based managing director Mark Harris said inquiries in the higher price category had ramped up at its

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Brent Melville Fri, 06 Mar 2026
Contact the Writer: bmelville@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Foreign buyers head to Queenstown, as restrictions loosen
Property,
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