2018 Real Estate Market Report
2018 has proven to be a fantastic year in the property market with a strong increase in values and demand. Statistics show year on year growth in property values, and a leading position in the Queenstown market. Jack’s Point has provided strong investment opportunities and a wonderful growing community to reside or visit.
December 2018 Update
TIME TO BE FESTIVE
2018 is drawing to a end after a fantastic, all be it very quick year. We have a exciting amount of activity both on, and under the ground within Jack's Point Village and the existing residential neighbourhoods of Jack's Point.
WE HAVE BUYERS
Our vast Jack's Point specific and qualified database are looking for built homes. Book in your complimentary property appraisal, and list with Jack's Point Realty to allow us to introduce your home to the right buyer, and get the very best outcome for you.
JACK'S POINT SALES
2018 is proving to be a strong year, already ahead of 2017 with the below sales figures accounting only for January to October.
6 sections exceeded $600,000 and 7 homes sold for a value greater than $1.5m. Jack's Point exceeds the vast majority of Queenstown Lakes areas, including but not limited to: Arrowtown, Arthurs Point, Lower Shotover, Lake Hayes Estate and Wanaka, and far exceed the average Queenstown property price of $1.01m
Statistics according to REINZ
JACK'S POINT VILLAGE
The initiation of key infrastructure works marks the beginning of the Village development schedule; this includes bringing waste-water infrastructure to site, works on internal roading and the flattening of lots to road level. We continue to work closely with those interested in becoming part of the Village.
FRONT & CENTRE
Jack's Point Realty are thrilled to be located amongst the tremendous community that makes up Jack's Point. Being in the heart of Jack's Point, we would love to hear from those looking to get professional and honest feedback on their property value, as well as local market reports and sales analysis.
Queenstown retains its position as a highly progressive, competitive and strong market. The average price for homes sold within Jack's Point in the past 3 months exceeds $1.39m, and we forecast the continuation of strong growth for both properties and land values at Jack's Point. The steady decline of availability of vacant land is drawing investors as well as those desiring to build their dream home. With the implementation of Queenstown's new housing areas and projects outside of Jack's Point, is it evident Jack's Point stands in a league of its own, and provides a quality of living unlike any other location in the world.
Now is a key time to engage. We welcome the opportunity to provide a presentation of the key initiatives for Jack's Point and the masterfully curated Village zones. Jack's Point Realty invite you to list your property with us to achieve a prompt and successful sale. Contact us today.
May 2018 Update
KAWARAU BRIDGE OPENING
NZTA have opened the Kawarau bridge for two-lane traffic as of Thursday 10th May. Free flowing traffic will make getting to and from Jack's Point a quick drive from Queenstown Airport, Frankton and Queenstown Town Centre.
JACK’S POINT GOLF COURSE
Jack's Point Golf Course is closing for the Winter from the 10th June - 18th August.
Recent unconditional sales:
Land - Branigan Court
Land - Kinross Lane
Based at Jack's Point, we will be your friendly on-site agency, with unparalleled focus on Jack's Point, the existing neighbourhoods, the Preserve and the upcoming Village development. Visit our new Village website for an up to date overview of the developments proposed precincts.
List your property with Jack's Point Realty
If you are interested in selling your property or vacant land, we would be delighted to give you current market information and analysis, and assist you in obtaining a prompt, efficient and successful sale. Help us help fulfil demand of our extensive Jack's Point focused enquiry. Contact us today.