3 properties for sale · Queenstown

Property for sale in Drift Bay, Queenstown

Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites for sale in Drift Bay, Queenstown, each listing beside the property's value estimate, council valuation, past sales and title.

$3.8mmedian council valuation
3for sale now

About Drift Bay

About 1.9% of its homes sold in the last twelve months.

Schools zoned for Drift Bay

  • Te Kura Whakatipu o Kawarauprimary · Years 1-8
  • St Joseph's School (Queenstown)primary · Years 1-8

Drift Bay house prices over time

Median sale price by year, all homes; 2025 is the year so far. Across Queenstown it was $1.4m.

2016: $1.49m (6 sales)$1.49m20162017: too few sales to say (3 sales)20172018: $3.0m (9 sales)20182019: $1.91m (5 sales)20192020: too few sales to say (3 sales)20202023: $3.75m (6 sales)$3.75m20232024: too few sales to say (4 sales)20242025: too few sales to say (3 sales, this year so far)2025
Sales by year as a table
YearSalesMedian pricePer m² floorPer m² land (est.)Queenstown median
20253———$1,316,000
20244———$1,322,500
20236$3,747,500$10,666$363$1,285,000
20203———$910,000
20195$1,908,888$4,343$272$895,000
20189$3,000,000$3,727$161$815,500
20173———$774,000
20166$1,487,500$4,724$197$636,000

Estimated value, month by month

Our model's median estimate for homes in Drift Bay, up 4% over the last twelve months. An automated estimate, not a registered valuation.

Nov 2024: $3.95mDec 2024: $3.95mJan 2025: $3.94mFeb 2025: $3.95mMar 2025: $3.94mApr 2025: $3.93mMay 2025: $3.94mJun 2025: $3.94mJul 2025: $3.96mAug 2025: $3.98mSept 2025: $4.0mOct 2025: $4.02mNov 2025: $4.04mDec 2025: $4.05mJan 2026: $4.06mFeb 2026: $4.07mMar 2026: $4.09mApr 2026: $4.1mMay 2026: $4.1mJun 2026: $4.12mJul 2026: $4.14mAug 2026: $4.13mSept 2026: $4.12mOct 2026: $4.17m$3.95m$3.93m$4.17mNov 2024Oct 2026
Scale $3.89m to $4.22m, not from zero.

Prices by bedrooms in Drift Bay

BedroomsHomesMedian council valueSold, last 12 monthsMedian salePer m² floor
49$3.69m0—$12,266
5+15$5.07m1—$12,238

Price per square metre

$12,371per m² of floor, council capital values
$508per m² of land, council land values of houses

Recent sales in Drift Bay

How long owners stay in Drift Bay

6.2 yearsQueenstown
7.9 yearsNew Zealand
1.9%of homes sold in the last 12 months (Queenstown: 4.5%)

Time between a home's sales, for homes that resold 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 in Drift Bay

3building consents in the last 12 months ($284k of work)
  • 2 Bluff View Terrace4 Jun 2026 · Building consentAlt to 2-storey dwg: remove & replace with new in-built firenzo kompac deco, insert zero clearance standard flue
  • 6 Scenic Drive18 Dec 2025 · Building consentStage 1 of 4 gge being stage 1 ground floor of future first floor stage to be built overhead
  • 6 Scenic Drive27 Nov 2025 · Building consentAlterations to an existing dwg - proposed 9.5 sqm add to the kitchen to create a pantry, changes to the existing external covered entry

Search building consents in Drift Bay and see Stats NZ's count of new homes there.

Sales and valuations as at 18 September 2026, from council and LINZ records. Figures resting on fewer than 5 sales are not shown.

Property for sale by street in Drift Bay

About property for sale in Drift Bay, Queenstown

Every property in Drift Bay, Queenstown, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.

Listings come from the agents who market them, matched to the property each is for: every one opens on that property’s own page, with what it is worth, what it last sold for, its title, zoning and hazards, and what it would cost to own.

Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.

Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.

Header photo: Michael Amadeus on Unsplash (licence).