Jack’s Point Property Sales Update

What’s up at Jack’s Point? Well plenty really if one considers the impressive 15 REINZ reported sales across Jack’s Point in the latest data release for the month of June  (3 home sales and 12 vacant land sales). Interestingly in a recent presentation by property portal Realestate.co.nz they identified that beyond the generic ‘Queenstown’ suburb search ‘Jack’s Point’ was number two and current location focus for buyers and  reflected by the unconditional sales reported last month.

Informative updates are fundamental to be first to know when the time is right to make your move whether it be buying or selling. Adhering to REINZ policy I am not at liberty to comment on the market data so I’ll just let my ‘desktop analyses’ of the sales numbers do the talking.

Jack’s Point Home Sale

x36 REINZ reported homes sales across Jack’s Point July 2017 – June 2018 median sell price $1,325,000

  • Median Price last 12 months 3 bed homes $1,130,000 (44.4%)
  • Median Price last 12 months 4 bed homes $1,395,000 (56.25%)
  • Median Price last 12 months 5 bed homes $1,375,000 (1 sale/ 2.9%)

Jack’s Point Land Sales:

x38- REINZ reported lot sales across Jack’s Point July 2017-June 2018 with median sell price of $439,500. Median sell Price 2018 YTD $461,250

Data Source: REINZ. Private & Developer direct sales data not included.

Disclaimer:  While every effort has been made to ensure the information contained herewith is true, no responsibility will be taken for errors or omissions. You should seek your own independent advice from your legal, taxation and financial consultant prior to purchase.

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