Queenstown Lakes housing surge
Queenstown Lakes house values are second only to the cooling Auckland market, the pair's average prices for 2015 up about 13% or more at $776,671 and $933,264 respectively.
Queenstown Lakes house values are second only to the cooling Auckland market, the pair's average prices for 2015 up about 13% or more at $776,671 and $933,264 respectively.
Former classroom 'pods' at the Kenmure Intermediate School site in KaikoraiValley, now a firewood merchant, are up for sale for relocation.
None of Dunedin's houses will pass a rental warrant of fitness if the standards used during a recent trial of scheme are applied.
The Government's failure to ''get a grip'' on electricity prices and the property market resulted in the Reserve Bank again lifting interest rates, Green Party co-leader Metiria Turei said yesterda
Rural land has made the biggest gain in the latest Central Otago revaluation, with dairy properties increasing in value by up to 40%.
Residential property values remained relatively flat in parts of Otago last year, any increases well below the national average rise.
New Zealand has one the world's most over-valued housing markets, according to the Economist.
There were 80 property sales totalling more than $53 million in Queenstown last month, making it the strongest month for the resort in five years.