40 properties · Speargrass Flat, Queenstown

Lower Shotover Road, Speargrass Flat

Lower Shotover Road in Speargrass Flat has 40 properties, valued by the council between $3,480,000 and $9,650,000 with a median of $6,515,000 (Speargrass Flat: $5,395,000). More of its homes were built in the 2010s than in any other decade. We estimate its homes at a median $6,990,000. 1 sold in the last twelve months. The highest sale in 2026 was 208 Lower Shotover Road, at $4,000,000.

$6.51mmedian council valuation
$6.99mour median estimate
1sold in the last 12 months
2000median year built
QueenstownSpeargrass Flat ×Lower Shotover Road ×

40 properties on Lower Shotover Road, Speargrass Flat

Highest and lowest on Lower Shotover Road

Highest-valued home222 Lower Shotover Road$9,650,000council valuation · 5 bed · 779 m² floor · 4.03 ha land
Lowest-valued home333 Lower Shotover Road$3,480,000council valuation · 4 bed · 205 m² floor · 3,029 m² land
Highest sale in 2026208 Lower Shotover Road$4,000,000sold 17 Feb 2026 · 4 bed · 280 m² floor · 11,555 m² land

Property values on Lower Shotover Road

The council values Lower Shotover Road's 38 rated properties between $3,480,000 and $9,650,000. The middle half sit between about $4,687,500 and $7,913,500; the median is $6,515,000 and the mean $6,397,632.

Lowest: $3.48m$3.48mLowest10%: $3.98m20%: $4.55m20%30%: $4.82m40%: $5.36m40%Median: $6.51m60%: $6.98m60%70%: $7.76m80%: $8.07m80%90%: $9.19mHighest: $9.65m$9.65mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
32$5.08m0—
414$4.99m1—
5+20$7.8m0—

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

Lower Shotover Road compared with Speargrass Flat

Lower Shotover Road's median council value is 21% above Speargrass Flat's.

Lower Shotover RoadSpeargrass FlatQueenstown
Median council value$6.51m$5.39m$1.55m
Sold in the last 12 months2.5%4.7%4.5%
Median section18,051 m²19,398 m²720 m²
Median year built200020002010
Council value per m² of floor$17k$18k$9k

Lower Shotover 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: $2.85m (5 sales)$2.85m20162017: $1.6m (5 sales)2018: too few sales to say (1 sale)20182019: $2.67m (3 sales)2020: $5.61m (4 sales)$5.61m20202021: $4.97m (4 sales)2022: too few sales to say (1 sale)20222024: $4.5m (3 sales)$4.5m2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$4,000,000$14,286
20243$4,500,000$16,014
20221$4,750,000$19,231
20214$4,975,000$11,699
20204$5,613,000$7,527
20193$2,670,000$9,502
20181$1,387,500$2,775
20175$1,600,000$6,038
20165$2,855,000$6,804

Recent sales on Lower Shotover Road

The homes on Lower Shotover Road

Lower Shotover Road has 40 houses. More were built in the 2010s than in any other decade (30%).

1970s: 1 (1 home)11970s1980s: 3 (3 homes)1980s1990s: 10 (10 homes)1990s2000s: 9 (9 homes)2000s2010s: 11 (11 homes)112010s2020s: 3 (3 homes)32020s

Building and resource consents on Lower Shotover Road

20building consents in the last 5 years
24resource consents in the last 5 years
  • 212 Lower Shotover Road28 Sept 2026 · Building consentAlteration to existing 3 bedroom house to remove existing outdoor kitchen and fire, and add new outdoor living area.
  • 160-162 Lower Shotover Road23 Sept 2026 · Building consentNew 4 bedroom single storey house with swimming pool and outbuidling. - Future Lot 2
  • 176 Lower Shotover Road13 May 2026 · Building consentProposed pool & pool house
  • 195 Lower Shotover Road17 Apr 2026 · Building consentAlt & add to existing dwg: construction of new dwg & extension to existing dwg
  • 203 Lower Shotover Road17 Apr 2026 · Building consentExtend existing residence to add new bdrm & new gge position
  • 221 Lower Shotover Road7 May 2025 · Resource consentM HENRY, M HENRY & G TODD - TO CONSTRUCT BUILDINGS PARTLY OUTSIDE OF A BUILDING PLATFORM AND WITHIN SETBACKS WITH ASSOCIATED LANDSCAPING. A VARIATION TO CONDITION C(I) OF CONSENT NOTICE 8735017.3 AND
  • 293D Lower Shotover Road24 Jan 2025 · Resource consentJ ROBINSON, C ROBINSON AND CLARKE CRAW & COMPANY NOMINEES LIMITED - TO CONSTRUCT A SWIMMING POOL, SWIMMING POOL FENCE, AND A PERGOLA, OUTSIDE AN APPROVED BUILDING PLATFORM BREACHING BUILDING MATERIAL
  • 160-162 Lower Shotover Road11 Nov 2024 · Resource consentJ & M WIKSTROM - CONSENT TO CONSTRUCT A RESIDENTIAL UNIT OUTSIDE AND ACCESSORY BUILDINGS OUTSIDE OF A REGISTERED BUILDING PLATFORM, AND UNDERTAKE A TWO-LOT SUBDIVISION CREATING ONE ADDITIONAL RESIDENT
  • 160-162 Lower Shotover Road11 Nov 2024 · Resource consentJ & M WIKSTROM - CONSENT TO CONSTRUCT A RESIDENTIAL UNIT OUTSIDE AND ACCESSORY BUILDINGS OUTSIDE OF A REGISTERED BUILDING PLATFORM, AND UNDERTAKE A TWO-LOT SUBDIVISION CREATING ONE ADDITIONAL RESIDENT
  • 208A Lower Shotover Road13 Jun 2024 · Resource consentK STALKER - TWO-LOT SUBDIVISION, ESTABLISH A 839M2 BUILDING PLATFORM ON PROPOSED LOT 2 WITH ASSOCIATED EARTHWORKS AND LANDSCAPING AND TO BREACH DENSITY STANDARDS AT 208A LOWER SHOTOVER ROAD, QUEENSTOW

More streets in Speargrass Flat

Every street in Speargrass Flat, and the suburb's house prices and sales.

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