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6 Mar 2021 17:32
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  •   Home > News > Business

    Well-heeled investors are hunting for a bargain in Queenstown

    Well-heeled investors are hunting for a bargain in Queenstown


    Low interest rates are driving a turnaround in property values as average prices climb to 1.2 million dollars, after a seven percent fall from May to August.

    But CoreLogic senior analyst Kelvin Davidson says it's helped by a shortage of listings, with investors making the most of a window of opportunity.

    He says we may be seeing some bargain hunting from Aucklanders, and others, who've identified a good time to get into the market.

    © 2021 Newstalk ZB, NZCity


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     Today's News

    Environment:
    The North Island's east coast is continuing to experience strong aftershocks, after yesterdays 7.2 earthquake 17:27

    Christchurch:
    Two people are seriously injured following a collision between a car and a motorcycle on Governors Bay Teddington Road in Christchurch 17:27

    Rugby League:
    The NRL has halved St George-Illawarra playmaker Corey Norman's fine for his involvement in a street fight but he will remain suspended for the side's opener against Cronulla next weekend 17:17

    Entertainment:
    Alec Baldwin has quit Twitter after backlash over a tweet about Gillian Anderson's American accent 17:01

    Entertainment:
    Girls Aloud have “pulled together” to support Sarah Harding in her cancer battle 16:31

    Law and Order:
    An investigation is underway after a person sustained a minor gunshot wound in south Auckland this morning 16:27

    Accident and Emergency:
    A motorcyclist is in a serious condition after coming off their bike on State Highway two in Pukehina in Bay of Plenty 16:17

    Soccer:
    Wellington Phoenix returnee Steven Taylor hopes his second stint with the club lasts beyond this season 16:07

    Entertainment:
    Sir Rod Stewart chartered seven shipping containers to transport his beloved train set from the US back to the UK 16:01

    Entertainment:
    Billie Piper suffers "abandonment issues" 15:31


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