Costly to build a home in QT
It costs almost 20 per cent more to build an average home in Queenstown compared to other places in New Zealand.
According to dwelling consent figures from Statistics New Zealand, the average per square metre building cost in Queenstown Lakes District was $2268 in the year ending August 2016.
It cost $1827 per square metre to build in neighbouring Central Otago, while Auckland was $2081.
The national average was $1908.
Registered Master Builders president Allister Saville, of Queenstown, said the cheapest houses in the resort would cost about $2500sqm to build and were in areas such as Shotover Country.
Some of the most costly builds were in Millbrook, near Arrowtown, where a house would cost about $6500sqm.
Homes in Queenstown Hill or Jack’s Point averaged over $4000sqm, he said.
‘‘They [Shotover Country homes] were about $1800sqm at the end of last year and they’ve certainly lifted their rates as well.’’
Wages had created a ‘‘major spike’’ in the building cost.
‘‘The cost of living in Queenstown is quite high and so to survive here you need a wage that matches what your cost of living is.
‘‘For workers to stay here they probably need to be on the minimum of $20 an hour and not on what they’ve been on up to until now,’’ he said.
Many construction workers involved in the Christchurch rebuild were moving to Queenstown.
Saville said transportation difficulties also pushed the building price up.
‘‘We are paying a lot more for freight and that has been put down to the Kaikoura earthquake.
‘‘Queenstown is one-way freight, so nothing goes out of Queenstown,’’ Saville said.
Imported materials depended on the United States dollar.
‘‘The good thing about housing going on Shotover Country and Lake Hayes Estate is that it’s all flat building, so the cost should be less than what we used to do originally on the side of the hill.’’
The cost depended on the materials used, with bathrooms and kitchens normally being the most expensive rooms in the house.