Photo: istockResidential property owners in Central Otago have seen average capital values rise about 9% since 2022, according to new district-wide valuations. Quotable Value (QV) reassessed 16,070 properties for the Central Otago District Council, estimating what each property would likely have sold for on September 1, 2025. Excluding that change, the district’s capital value increase was about 8.1%, a statement from QV said. Residential properties — the district’s largest property category — increased an average of 9% in capital value and 8.1% in land value. She said Central Otago continued to attract buyers seeking more affordable housing or a lifestyle change compared with neighbouring Queenstown.

Source: Otago Daily Times March 11, 2026 17:20 UTC