Queenstown 4 Sale - Newsletter

THE OSBORNES MAY / JUNE NEWSLETTER

This Month

Real Estate Institute of New Zealand (REINZ) Sales for April 2009

Welcome to our Newsletter. Winter is just around the corner and there has been a lot of snow over the last week. Fingers crossed for a great ski season.
Speaking to key parties in the town bookings are up for accommodation and ski packages. The American Express Winter Festival is set to kick off on the 26th June and it is always action packed week of fun and activities.

Sale volumes have been high across, homes, apartments and sections. Lots of buyers are getting back in to the market not wanting to miss out on key properties.
Apartment mortgagee sales have been prevalent in some complexes.
Another reduction in the Official Cash Rate and low exchange rates has enabled more people to get into the market.

Our auction and tender programmes have been working well for vendors and we have had a number of multi offers on properties.

We are currently short of Apartments and quality homes in the range of $400,000 - $625,000 to satisfy buyers. We are also seeing strong demand for quality homes on Queenstown Hill.
We had two great listings in Frankton that sold very quickly and still have buyers looking for property in this area.

Overall this month we have seen some strong signs of the market picking up and buyers getting back into the market.

We currently have a long list of qualified buyers so give us a call or send us an email.

Warwick, Marie and Megan
The Award Winning Osbornes

REAL ESTATE INSTITUTE OF NEW ZEALAND (REINZ) Sales for April 2009

Dwellings

Number of Sales: 64
Value of Sales: $36,544,624
Median Sell Price: $421,250
Median Days to Sell: 52

Apartments

Number of Sales:18
Value of Sales: $7,958,751
Median Sell Price: $372,500
Median days to Sell: 137

Sections

Number of Sales: 11
Value of Sales: $4,090,000
Median Sell Price: $219,000
Median Days to sell: 41

OSBORNES PROPERTY PICKS OF THE MONTH

Featured Homes

Featured Apartments

	Holiday & Income Location is the key for a successful managed apartment. The Beacon is a six minute flat walk along the lakefront to central Queenstown. Come and holid... $350,000 +GST

Featured Land

We hope you enjoyed this month’s newsletter. Please remember our business is largely based on referrals so please let us know of anyone that may be looking to buy or sell in Queenstown or forward them our newsletter.

And if you are in Queenstown pop into the office and say hi.

Best Wishes
The Osbornes

The Osbornes
Your Queenstown Property Investment Specialists.

Warwick 0274 469835 Marie 0275 627 430 Megan 0275 442 677

www.queenstown4sale.co.nz | osbornes@harcourts.co.nz

Unsolicited Electronic Messages Act 2007

We have your details in our database and as part of our services we send out Emails about matters concerning Real Estate and properties we have for sale. Accordingly, we assume that we have your consent to keep sending these emails.

If you do not wish to receive these emails from The Osbornes, simply reply to this message and you will be unsubscribed, or click the unsubscribe link on this email. I hope you find the information we send you valuable and thank you for helping us continue to communicate with you through our email services.

If you still wish to receive our promotional e-mail's, that's great, you do not have to do anything. I look forward to keeping in touch.