Queenstown

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Queenstown has the highest house rental yield in Tasmania, according to Real Estate Investar’s latest report.
The property investment said that Queenstown’s rental yield is 10 percent.
This is followed by Clarendon Vale, Waverley and Rosebery with 8 percent and Mayfield and Risdon Vale with 7 percent.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
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Suburb
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Postcode
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<td valign="top" width="70">
Bedrooms
</td>
<td valign="top" width="112">
Current median rent
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<td valign="top" width="79">
Rental yield
</td>
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<tr>
<td valign="top" width="96">
Queenstown
</td>
<td valign="top" width="64">
7467
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="112">
$130
</td>
<td valign="top" width="79">
10%
</td>
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<td valign="top" width="96">
Clarendon Vale
</td>
<td valign="top" width="64">
7019
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="112">
$235
</td>
<td valign="top" width="79">
8%
</td>
</tr>
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<td valign="top" width="96">
Waverley
</td>
<td valign="top" width="64">
7250
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="112">
$245
</td>
<td valign="top" width="79">
8%
</td>
</tr>
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<td valign="top" width="96">
Rosebery
</td>
<td valign="top" width="64">
7470
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="112">
$150
</td>
<td valign="top" width="79">
8%
</td>
</tr>
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<td valign="top" width="96">
Mayfield
</td>
<td valign="top" width="64">
7248
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="112">
$230
</td>
<td valign="top" width="79">
7%
</td>
</tr>
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<td valign="top" width="96">
Risdon Vale
</td>
<td valign="top" width="64">
7016
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="112">
$290
</td>
<td valign="top" width="79">
7%
</td>
</tr>
</tbody></table>
A two bedroom house at <a href="https://www.realestate.com.au/property-house-tas-queenstown-421402274">11 Brown Street</a>, Queenstown (above) is available for $130 per week.
Another two bedroom house at <a href="https://www.realestate.com.au/property-house-tas-rosebery-421084438">20 Clemons Street</a>, Rosebery (below) is available for $135 per week.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/07/21/20%20Clemons%20Street.jpg" alt="">
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j.ballantyne1990-6AQqhLzZaK

Queenstown, Tasmania house rental yield at 10 percent: Investar

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Queenstown is the cheapest place to purchase a house in Tasmania, according to Investar’s latest report.
The property investment firm says that the average median price of a two bedroom house at Queenstown is $68,000.
This is followed by Zeehan with $79,000 and Roseberry with $92,500 for a three bedroom houses.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="106">
Suburb
</td>
<td valign="top" width="106">
Postcode
</td>
<td valign="top" width="106">
Bedrooms
</td>
<td valign="top" width="106">
Median price
</td>
</tr>
<tr>
<td valign="top" width="106">
Queenstown
</td>
<td valign="top" width="106">
7467
</td>
<td valign="top" width="106">
2
</td>
<td valign="top" width="106">
$68,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Zeehan
</td>
<td valign="top" width="106">
7469
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$79,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Roseberry
</td>
<td valign="top" width="106">
7470
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$92,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Mayfield
</td>
<td valign="top" width="106">
7248
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$149,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Waverley
</td>
<td valign="top" width="106">
7250
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$149,000
</td>
</tr>
</tbody></table>
A two bedroom house at <a href="https://www.realestate.com.au/property-house-tas-queenstown-124196974" target="_blank">10 Clark Street</a>, Queenstown (above) that has been listed for $68,000.
A two bedroom house at <a href="https://www.realestate.com.au/property-house-tas-queenstown-124196974" target="_blank">10 Harvey Street</a>, Queenstown (below) has been listed for $75,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/07/10%20Harvey%20Street.jpg" alt="">
A two bedroom house at <a href="https://www.realestate.com.au/sold/property-house-tas-queenstown-124063622" target="_blank">9 Pillinger Street</a>, Queenstown (below) has recently been sold for $62,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/07/9%20Pillinger%20Street.jpg" alt="">
Similarly a two bedroom house at <a href="https://www.realestate.com.au/sold/property-house-tas-queenstown-123443986" target="_blank">12 Urquhart Street</a>, Queenstown (below) was sold for $79,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/07/12%20Urquhart%20Street.jpg" alt="">
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Queenstown the cheapest place in Tasmania to purchase a house: Investar

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Queenstown is the cheapest locality in Tasmania to purchase a house, according to Investar’s latest report.
The property investment firm says that despite an increase of 7% the median price at Queenstown is $74,500.
This is followed by Zeehan with $78,500 and Rosebery with $93,000.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="106">
Suburb
</td>
<td valign="top" width="106">
Postcode
</td>
<td valign="top" width="106">
Bedrooms
</td>
<td valign="top" width="106">
Current median price
</td>
</tr>
<tr>
<td valign="top" width="106">
Queenstown
</td>
<td valign="top" width="106">
7468
</td>
<td valign="top" width="106">
2
</td>
<td valign="top" width="106">
$74,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Zeehan
</td>
<td valign="top" width="106">
7469
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$78,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Rosebery
</td>
<td valign="top" width="106">
7470
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$93,000
</td>
</tr>
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<td valign="top" width="106">
Herdsmans Cove
</td>
<td valign="top" width="106">
7030
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$135,000
</td>
</tr>
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<td valign="top" width="106">
Gagebrook
</td>
<td valign="top" width="106">
7030
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$140,000
</td>
</tr>
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<td valign="top" width="106">
Mayfield
</td>
<td valign="top" width="106">
7248
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$147,000
</td>
</tr>
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<td valign="top" width="106">
Ravenswood
</td>
<td valign="top" width="106">
7250
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$149,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Waverley
</td>
<td valign="top" width="106">
7250
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$149,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Clarendon Vale
</td>
<td valign="top" width="106">
7019
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$150,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Newnham
</td>
<td valign="top" width="106">
7248
</td>
<td valign="top" width="106">
2
</td>
<td valign="top" width="106">
$165,000
</td>
</tr>
</tbody></table>
A two bedroom house such as the one at <a href="https://www.realestate.com.au/property-house-tas-queenstown-124249818" target="_blank">10 Harvey Street</a> (above) is for sale for $75,000.
A two bedroom home at <a href="https://www.realestate.com.au/sold/property-house-tas-queenstown-122946466" target="_blank">2 Knox Street</a> (below) sold for $54,000.
<img src="/images/2016/12/15/2%20Knox%20Street.jpg" alt="">
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Despite 7% increase Queenstown, Tasmania still the cheapest: Investar

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Tourism company Skyline Enterprises said it was reviewing public concerns around its gondola upgrade project at Bob’s Peak in Queenstown and was working to address those.
The Queenstown Lakes District Council has received 19 submissions so far in relation to Skyline’s resource consent application, with most concerns raised about the project’s impact on traffic management, earthworks, the environment and noise.
Skyline Queenstown said in August it had lodged the consent application for the project.
Skyline Enterprises chairman Mark Quickfall said the scale of the project – which involves replacing its current gondola system, building a new base terminal and expanding the top complex – is such that concerns by affected parties were inevitable.
“This is all part of the development process. It’s a major project that involves significant construction works. We are doing everything we can to reduce the impact on our neighbours and will continue to take expert advice on how best to achieve this,” he said.
As part of its upgrade of the fun park at Bob’s Peak, Skyline plans to replace its four-seat gondola system with a quieter 10-seat Doppelmayr gondola, nearly doubling its restaurant Stratosfare’s seating capacity to 650 besides creating more space for views and conferences. The company says the upgrade is driven by an expected rise in tourists to Queenstown over the next 30 years. 
Skyline has also raised its investment on the project to about $100 million from the initial $60 million, the listed company said in a media release. 
The gondolas were installed in 1987 and the upgrade is part of the company’s 50th year of operation in 2017.
The company has handed design options for Brecon Street to the Council and suggested a Council-led panel be set up to examine the issues. 
“We’ve been in regular contact with affected neighbours and other parties throughout this process – as well as holding public open days – and our door is always open to listen to peoples’ issues,” Quickfall said.
It has invited feedback from the public through its Skyline development website www.skylinedevelopment.co.nz.
Skyline said it was working with acoustic engineers, earthworks, construction and operational noise and traffic and parking experts to address the concerns raised before the resource consent hearing.
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