HouseNZ$5,850,000
Queenstown
4 bd 4 ba 374 m²
Queenstown Real Estate: Houses, Apartments and Land for Sale
81 homes and apartments for sale in Queenstown, New Zealand.
Properties for sale in Queenstown
24 properties shown
House
HouseNZ$5,400,000
Queenstown
4 bd 1 ba 332 m²
ApartmentNZ$685,000
Queenstown
2 bd 1 ba 66 m²
HouseNZ$2,700,000
Queenstown
5 bd 3 ba 309 m²
HouseNZ$1,875,000
Queenstown
4 bd 2 ba 201 m²
HouseNZ$3,600,000
Queenstown
4 bd 2 ba 225 m²
ApartmentNZ$425,000
Queenstown
1 bd 1 ba 40 m²
ApartmentNZ$1,395,000
Queenstown
2 bd 2 ba 123 m²
HouseNZ$1,500,000
Queenstown
3 bd 3 ba 111 m²
HouseNZ$2,100,000
Queenstown
4 bd 1 ba 214 m²
HouseNZ$2,100,000
Queenstown
6 bd 3 ba 260 m²
HouseNZ$2,995,000
Queenstown
4 bd 3 ba 238 m²
HouseNZ$1,950,000
Queenstown
3 bd 2 ba 110 m²
HouseNZ$1,950,000
Queenstown
7 bd 3 ba 160 m²
HouseNZ$5,900,000
Queenstown
3 bd 3 ba 303 m²
HouseNZ$1,975,000
Queenstown
4 bd 2 ba 194 m²
HouseNZ$2,750,000
Queenstown
3 bd 2 ba 158 m²
HouseNZ$829,000
Queenstown
2 bd 1 ba 64 m²
ApartmentNZ$1,350,000
Queenstown
4 bd 2 ba 150 m²
HouseNZ$899,000
Queenstown
2 bd 2 ba 74 m²
HouseNZ$700,000
Queenstown
1 bd 2 ba 53 m²
HouseNZ$5,950,000
Queenstown
4 bd 3 ba 363 m²
HouseNZ$2,700,000
Queenstown
3 bd 3 ba 238 m²
HouseNZ$2,000,000
Queenstown
3 bd 3 ba 237 m²
Buyer's guide: Queenstown
Property for sale in Queenstown means buying in New Zealand's best-known alpine resort town, on the shore of Lake Wakatipu. Current listings on RealEstateAbroad show a median asking price of €974,318 across 71 properties, among the highest in this batch.
Queenstown price snapshot
The numbers come from current listings on RealEstateAbroad and are asking prices, converted to euros. Local sales are typically in New Zealand dollars, so convert at the live rate when budgeting.
| Indicator | Value |
|---|---|
| Active listings | 71 |
| Median asking price | €974,318 |
| Middle 50% of prices | €461,927 to €1,386,529 |
| Median price per m² | €5,715 |
| Median size | 214 m² |
Types and bedrooms
Houses dominate with 46 listings, followed by 13 apartments and 12 land plots. Browse more on the New Zealand house page.
Bedroom counts are balanced: 15 listings have four, 13 have two, 13 have three, 8 have five or more and 4 have one. The big spread of price, from about €770,000 to €2.5 million for the middle half, reflects views and location: lakefront and Queenstown Hill homes sit far above suburban Frankton.
| Bedrooms | Listings |
|---|---|
| 1 | 4 |
| 2 | 13 |
| 3 | 13 |
| 4 | 15 |
| 5+ | 8 |
Read more (4 more sections)Show less
Neighbourhoods and lifestyle
Queenstown sits in Otago, surrounded by the Remarkables and Cardrona-area ski fields. The town centre is compact and tourist-heavy, while residents often live in Fernhill, Sunshine Bay, Queenstown Hill or the flatter Frankton area near the airport. Arrowtown, a preserved gold-rush village, and Jack's Point are popular alternatives for lifestyle buyers.
Queenstown Airport has direct flights to Auckland, Wellington, Christchurch and Australian cities, which suits second-home owners. Summers bring hiking, wine and watersports; winters bring skiing. Housing supply is tight and short-term rental rules vary by zone, so check the district plan.
For a bigger market, compare Auckland or the regional markets of Canterbury and Waikato.
Overseas buyer rules in New Zealand
This is the key issue. Since 2018, most overseas persons cannot buy existing residential property in New Zealand. Australian and Singaporean citizens are exempt, as are those who hold resident status and have lived in the country for the required time. Rules for certain investor-visa holders and new developments have changed since, so verify the position with a New Zealand lawyer.
- Land that is not residential may need Overseas Investment Office consent.
- Off-the-plan apartments in approved developments can sometimes be sold to overseas buyers.
- Buyers need an IRD number and a New Zealand bank account for most transactions.
Our New Zealand consultation guide and financing guide explain the process, and the New Zealand overview has national data.
Money, tax and practicalities
If you qualify to buy, budget for legal fees, a building report, a LIM and registration. New Zealand has no general annual wealth tax or stamp duty, but local council rates are charged annually, and a bright-line style rule can tax gains on properties sold within a set period, so check the current period. Mortgage lending to non-residents is limited, and banks usually want a large deposit. Many buyers who qualify choose Queenstown for a mix of lifestyle and tourism income, so look carefully at insurance costs, earthquake and flood cover, and the fact that the airport and surrounding roads can affect travel times in bad weather.
Check before you commit
Ask for a LIM report from the council, a building inspection and a title search. Lakeside areas can have flood or natural-hazard overlays.
Last updated 8 October 2026
Buying property in Queenstown: FAQ
Can a foreigner buy a house in Queenstown?
Generally not, unless they are a New Zealand resident, an Australian or Singaporean citizen, or fall under a specific exemption. Rules have been changing, so take legal advice before negotiating.
Why is Queenstown so expensive?
Land is limited between the lake and the mountains, demand from lifestyle and holiday buyers is high, and building costs are elevated. The median asking price is €974,318.
Can I buy land in Queenstown?
Twelve current listings are land plots. Overseas buyers usually need consent from the Overseas Investment Office for sensitive or large land purchases, so check the rules first.
Are short-term rentals allowed?
It depends on the zone and the consent. Queenstown Lakes District Council has specific rules for visitor accommodation, so confirm before relying on holiday income.
Is Queenstown a good investment?
It offers strong long-term demand, but high prices, rate rises and limited rental yields mean returns depend on the purchase price and lifestyle value. Run realistic numbers with a local adviser.
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