Luggate Property Market And House Prices

Suburb of Queenstown-Lakes District

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for Luggate, Queenstown-Lakes District

Average House Value

1.8%
$1,053,050

Average Rent

$680

Estimated Yield

3.4%

Long Term Capital Growth

Not enough data available

Ed's Insights

Luggate is a suburb in Queenstown-Lakes District.

474 people currently live in Luggate. 22.8% of these people rent.

The average house value in Luggate is $1,053,050.

That’s down -3.6% from from 2 years ago.

The median rent in Luggate is $680.

Market Insight - Median House Price Trend

Sales Data

Average House Value

1.8%
$1,053,050

Median Days to Sell

35

Properties listed for sale in the last month

4

Properties sold in the last 12 months

22

Insights

The average house value in Luggate is $1,053,050.

On average it takes 35 days to sell a house.

All up 22 properties were sold in Luggate over the last year, and 4 properties were listed for sale in the last month.

Rental Data

Median Rent

$680

Rental properties listed last year

Not enough data available

Rental properties listed last month

Not enough data available

Median days to rent

Not enough data available

Insights

There is no rental data available for Luggate at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Luggate want?

The most popular number of bedrooms a tenant rents in Luggate is 3 bedrooms.

53.8% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Luggate is 2 cars.

54.6% of residents in the suburb own 2 cars.

How many Bedrooms do renters have in Luggate?

How many Cars do renters have in Luggate?