Growth in the Wanaka property market
Wanaka is one of the world’s greatest lifestyle playgrounds. It’s continuing to grow and be known as a year-round, global destination. The property market demand in Wanaka is driven by population growth and increased tourist numbers to the region.
Related industries are booming
Statistics from the most recent census show that in Wanaka, property and its associated industries (accommodation and food services, construction, and rental hiring and real estate services) are three of the top five industries by employee count
Increased property values
Property values in the Central Lakes District of Otago have increased over the last year, and the data shows that median residential dwelling sales prices have increased steadily over the last decade. The average value of residential property in the Wanaka District specifically, has increased dramatically over the last year.