83 properties · Kawarau Falls, Queenstown

Peninsula Road, Kawarau Falls

Peninsula Road in Kawarau Falls has 83 properties, valued by the council between $1,040,000 and $8,830,000 with a median of $2,510,000 (Kawarau Falls: $2,890,000). More of its homes were built in the 2000s than in any other decade. We estimate its homes at a median $2,650,000. 5 sold in the last twelve months, for a median $2,400,000. The highest sale in 2026 was 209 Peninsula Road, at $3,375,000.

$2.51mmedian council valuation
$2.65mour median estimate
$2.4mmedian sale, last 12 months · 5 sales
1990median year built
QueenstownKawarau Falls ×Peninsula Road ×

83 properties on Peninsula Road, Kawarau Falls

Highest and lowest on Peninsula Road

Highest-valued home245 Peninsula Road$8,830,000council valuation · 5 bed · 433 m² floor · 1,351 m² land
Lowest-valued home290 Peninsula Road$1,040,000council valuation · 544 m² land
Highest sale in 2026209 Peninsula Road$3,375,000sold 18 Feb 2026 · 4 bed · 268 m² floor · 1,171 m² land

Property values on Peninsula Road

The council values Peninsula Road's 81 rated properties between $1,040,000 and $8,830,000. The middle half sit between about $2,025,000 and $3,400,000; the median is $2,510,000 and the mean $2,978,951.

Lowest: $1.04m$1.04mLowest10%: $1.68m20%: $1.9m20%30%: $2.15m40%: $2.3m40%Median: $2.51m60%: $2.62m60%70%: $3.15m80%: $3.65m80%90%: $4.95mHighest: $8.83m$8.83mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
25$1.67m0—
319$2.3m1—
438$2.58m2—
5+11$5.27m1—

Council rating valuations: the council's figure for apportioning rates, not a market appraisal.

Peninsula Road compared with Kawarau Falls

Peninsula Road's median council value is 13% below Kawarau Falls's.

Peninsula RoadKawarau FallsQueenstown
Median council value$2.51m$2.89m$1.56m
Median sale, last 12 months$2.4m$2.65m$1.41m
Sold in the last 12 months6%1.1%4.6%
Time between sales6.4 yrs8.4 yrs6.1 yrs
Median section992 m²874 m²719 m²
Median year built199019902010
Council value per m² of floor$13k$13k$9k

Peninsula Road house prices over time

Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.

2016: $1.48m (4 sales)$1.48m20162017: $1.98m (4 sales)2018: $1.38m (5 sales)20182019: too few sales to say (1 sale)2020: $2.12m (4 sales)20202021: $2.0m (7 sales)2022: too few sales to say (1 sale)20222023: $2.0m (7 sales)2024: $2.63m (2 sales)$2.63m20242025: $2.51m (4 sales)2026: $2.4m (3 sales, this year so far)$2.4m2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20263$2,400,000$12,593
20254$2,512,500$11,836
20242$2,625,000$17,320
20237$2,000,000$9,009
20221$2,200,000$14,379
20217$2,000,000$8,850
20204$2,124,000$8,658
20191$1,520,000$13,818
20185$1,375,000$6,562
20174$1,975,000$7,646
20164$1,475,000$5,933

Recent sales on Peninsula Road

The homes on Peninsula Road

Peninsula Road has 75 houses, 4 sections and 3 apartments. More were built in the 2000s than in any other decade (25%).

1960s: 7 (7 homes)71960s1970s: 14 (14 homes)1970s1980s: 14 (14 homes)1980s1990s: 13 (13 homes)1990s2000s: 19 (19 homes)192000s2010s: 6 (6 homes)2010s2020s: 3 (3 homes)32020s

How long owners stay on Peninsula Road

Homes on Peninsula Road that resold in the last five years had been held a median 6.4 years (Kawarau Falls: 8.4 years).

Time between a home's sales, for 16 resales in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Building and resource consents on Peninsula Road

9building consents in the last 5 years
1resource consents in the last 5 years
  • 173 Peninsula Road1 Jun 2026 · Building consentStage 2 of 2 - new standalone 3 bdrm dwg with attached gge. Stage 2 being envelope & interiors above ground
  • 141 Peninsula Road1 May 2026 · Building consentNew gge & alterations to laundry & bdrm
  • 173 Peninsula Road1 Apr 2026 · Building consentStage 1 - new standalone 3 bdrm dwg with detached gge. Stage 1 works being foundation & floor structures, underslab services, timber framing
  • 194 Peninsula Road1 Feb 2026 · Building consent47.86m2 extension to existing dwg for kitchen & office area.
  • 276 Peninsula Road1 Nov 2025 · Building consentAlt & extension to existing dwg - internal alt, bdrm extension & new skylights
  • 224 Peninsula Road18 Feb 2025 · Resource consentM NAIK & V NAIK - TO CONSTRUCT A RESIDENTIAL UNIT AND FLAT BREACHING THE ROAD BOUNDARY SETBACK STANDARD AT 224 PENINSULA ROAD, KAWARAU FALLS, QUEENSTOWN

Peninsula Road in other suburbs

Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.