7 properties · Lower Shotover, Queenstown

Spence Road, Lower Shotover

Spence Road in Lower Shotover has 7 properties, valued by the council between $1,750,000 and $6,740,000 with a median of $2,500,000 (Lower Shotover: $1,550,000). More of its homes were built in the 1910s than in any other decade. We estimate its homes at a median $2,650,000. The last sale we have was in October 2023, for $3,020,000.

$2.5mmedian council valuation
$2.65mour median estimate
1960median year built
QueenstownLower Shotover ×Spence Road ×

7 properties on Spence Road, Lower Shotover

Highest and lowest on Spence Road

Highest-valued home107 Spence Road$6,740,000council valuation · 5 bed · 360 m² floor · 38,308 m² land
Lowest-valued home100 Spence Road$1,750,000council valuation · 360 m² floor · 3,840 m² land

Property values on Spence Road

The council values Spence Road's 7 rated properties between $1,750,000 and $6,740,000. The middle half sit between about $2,127,500 and $4,390,000; the median is $2,500,000 and the mean $3,432,143.

Lowest: $1.75m$1.75mLowest10%: $1.81m20%: $1.96m20%30%: $2.29m40%: $2.44m40%Median: $2.5m60%: $3.1m60%70%: $3.86m80%: $4.92m80%90%: $5.86mHighest: $6.74m$6.74mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
32$2.17m0—
41$3.5m0—
5+2$4.57m0—

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

Spence Road compared with Lower Shotover

Spence Road's median council value is 61% above Lower Shotover's.

Spence RoadLower ShotoverQueenstown
Median council value$2.5m$1.55m$1.56m
Median section4,119 m²735 m²719 m²
Median year built196020102010
Council value per m² of floor$18k$8k$9k

Recent sales on Spence Road

  • 96 Spence Road$3,020,00020 Oct 2023 · 4 bed · 197 m² floor · 4,826 m² land
  • 92 Spence Road$955,0005 Oct 2015 · 5 bed · 349 m² floor · 1,108 m² land
  • 96 Spence Road$933,50015 Aug 2012 · 4 bed · 197 m² floor · 4,826 m² land
  • 96 Spence Road$810,00021 Mar 2003 · 4 bed · 197 m² floor · 4,826 m² land
  • 92 Spence Road$315,00028 Sept 1996 · 5 bed · 349 m² floor · 1,108 m² land
  • 92 Spence Road$208,0008 Apr 1993 · 5 bed · 349 m² floor · 1,108 m² land
  • 92 Spence Road$220,00013 Aug 1988 · 5 bed · 349 m² floor · 1,108 m² land
  • 94 Spence Road$156,50014 Jan 1987 · 3 bed · 91 m² floor · 2,777 m² land
  • 92 Spence Road$72,00023 Mar 1983 · 5 bed · 349 m² floor · 1,108 m² land

The homes on Spence Road

Spence Road has 7 houses. More were built in the 1910s than in any other decade (33%).

1910s: 2 (2 homes)21910s1950s: 1 (1 home)1950s1970s: 2 (2 homes)1970s1980s: 1 (1 home)11980s

Building and resource consents on Spence Road

1building consents in the last 5 years
4resource consents in the last 5 years
  • 96 Spence Road1 Mar 2025 · Building consentFoundation & site services for the installation of a prefabricated cottage
  • 96 Spence Road1 Apr 2025 · Resource consentJ LIM, J LIM & R GRATTEN - TO ESTABLISH A RESIDENTIAL FLAT AND ASSOCIATED WATER TANK WITH ASSOCIATED BREACHES IN MAXIMUM DISTANCE FROM THE RESIDENTIAL UNIT, A BREACH OF BUILDING COLOUR STANDARDS (FOR
  • 100 Spence Road7 Dec 2023 · Resource consentG RODWELL - APPLICATION TO CHANGE CONDITION A OF CONSENT NOTICE 116227.5 TO ALLOW FOR THE CONSTRUCTION OF A VEHICLE ACCESS AT 100 SPENCE ROAD, QUEENSTOWN
  • 108 Spence Road20 Jul 2022 · Resource consentG RODWELL - 5 LOT SUBDIVISION AND IDENTIFICATION OF FIVE BUILDING PLATFORMS AT 107 AND 108 SPENCE ROAD, QUEENSTOWN
  • 108 Spence Road20 Jul 2022 · Resource consentG RODWELL - 5 LOT SUBDIVISION AND IDENTIFICATION OF FIVE BUILDING PLATFORMS AT 107 AND 108 SPENCE ROAD, QUEENSTOWN

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