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Trip Report mr in Wanaka 2019

Discussion in 'New Zealand' started by mr, Aug 8, 2019.

  1. Red_switch

    Red_switch Old n' Crusty Ski Pass: 30 Day

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    They are just another suburb of Auckland now.

    The dynamics are... weird. Wanaka is worse in summer.
     
  2. N0frilz

    N0frilz Hard Yards

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    It’s baby boomers, immigrants, kiwis that have lived overseas returning home, etc all cashed up pushing the prices.

    IMHO both towns are not what they were 30 years ago, it’s a shame that the same mistake in Queenstown have occurred in wanaka and the local councils aren’t listening to the locals.

    Queenstown needs a bypass ASAP so cars that don’t need to go into Frankton don’t go in there!
     
  3. mr

    mr Part of the Furniture Ski Pass: Gold

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    Hmmm i guess ultimately rich people but holiday houses in nice places and so goes the world eh
     
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  4. N0frilz

    N0frilz Hard Yards

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    in the paper they were claiming average house price in wanaka is 1.2m
     
  5. mr

    mr Part of the Furniture Ski Pass: Gold

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    Sounds about right from what i saw.
     
  6. craighelo

    craighelo One of Us Ski Pass: Silver

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  7. snowgum

    snowgum One of Us Ski Pass: Gold

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    Great news feeds btw.

    We enjoyed our stay too.

    The interesting thing about living in the Southern Lakes is that the costs are way out of proportion to the incomes/work availability.

    High housing & energy costs (no gas!), few good paying jobs, little PT except up the hills in season.

    You either need to a very successful tradie or own & operate a decent resort/motel.

    Otherwise, theres few white collar jobs (maybe some in QSL council?) but very high cost of living.

    I think Alpine Shire housing prices don’t look so bad after all!!!
     
  8. mr

    mr Part of the Furniture Ski Pass: Gold

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    absolutely. i nearly fell off my chair (or dropped the icecream, i was licking, i beleive 'ice-cream licker' is a RE term for pewople like me) Get a 3-bedder in Dinner plain for $400k.
     
  9. Red_switch

    Red_switch Old n' Crusty Ski Pass: 30 Day

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    The people paying top dollar for houses don't live/work there.
     
  10. BMWRX

    BMWRX Addicted

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    I suspected as much too. Mostly out of towners who use the houses as holiday bases, then AirBnB the rest of the year or as part of a managed apartment block.
     
  11. snowgum

    snowgum One of Us Ski Pass: Gold

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    Let me guess?

    Cashed up empty nesters negatively gearing?

    Good luck to them I suppose until the bottom falls from the barrel?

    No wonder rentals are going up Mel/Std/Hob style??
     
  12. Red_switch

    Red_switch Old n' Crusty Ski Pass: 30 Day

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    Mostly they are holiday homes.
     
  13. snowgum

    snowgum One of Us Ski Pass: Gold

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    • Oh: its a beautiful place. Dont blame them - wish I could join them! ( :-(

     
  14. snowgum

    snowgum One of Us Ski Pass: Gold

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    I wonder if there's an 'affordable' town clues enough to the slopes?

    Perhaps Cromwell? Lake Hawea? Glenorchy or Kingston?

    It certainly ain't Arrowwtown!!
    (Possibly the dearest of the lot!)
     
  15. Red_switch

    Red_switch Old n' Crusty Ski Pass: 30 Day

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    Not really anymore. Arrowtown was relatively recently very cheap. Twizel is the next cab off the rank. Tekapo has already bolted.
     
  16. Donzah

    Donzah Old n' Crusty Ski Pass: Gold

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    St Arnaud ?
    Kinda
     
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  17. snowgum

    snowgum One of Us Ski Pass: Gold

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    Thats what, 6-700km away? More??

    Gee whiz! I wonder what ‘real locals’ - esp. young wannabe homemakers think of the Southern Lakes.

    Forced to slum it as eternal renters (like some of us city folk!) or move to the far outer subs of the big smoke (Ch/Dun/Well/Auk?)?

    Not exactly a sustainable ‘model’ when the big R (finally) hits!!
     
  18. Red_switch

    Red_switch Old n' Crusty Ski Pass: 30 Day

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    I've got friends living in Queenstown/Wanaka. Actually, most of the QTown crew live in Arrowtown. Some rent, some have bought.

    Personally I much prefer living in Dunedin, that said, I'd happily take Invercargill too (which is closer to lift accessed snow).

    I think once you have kids, QTown/Wanaka become pretty shitty places to live. I've a cousin who's working on evacuating his young family out to the coast just north of Dunedin, and I often come across people in Dunedin with young families who've ditched the Southern Lakes once their kids are old enough that school choice really matters, or they get seriously into sport.

    The problem will be a magnitude 8 earthquake on the Alpine fault, which, if I'm honest, is a reason why I don't live there.
     
  19. snowgum

    snowgum One of Us Ski Pass: Gold

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    A strong Shake risk would make be think seriously about moving from the alps. The cost savings could be a nice bonus! ( ;-)
     
  20. iagreewithhim

    iagreewithhim One of Us Ski Pass: Silver

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    A very long way from everybody
    The first time I went to Wanaka (1996?), you could buy a house block for NZ$10,000.
    I didn't. :cry_ubb:
     
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  21. rowdyflat

    rowdyflat One of Us Ski Pass: Silver

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    Yeah concur with all above.
    first time in Wanaka in 1981 quiet, last skied there 1994 pretty good .
    Now unfortunately too much foreign money around same thing as Melbourne , Sydney , Vancouver , Byron Bay and a 100 other places.
    Just got back , house prices mad, cost of living mad, still a beautiful place but traffic and crowds everywhere.
    Lovely people the Kiwis and much smarter country than Australia IMO.
    Cardrona especially mad and other skifields busy, prolly 40 % Aussies.
    Unfortunately there are 8 times as many skiers in August as 25 years ago and about twice the lift capacity.
    Heliskiing however is still as good as anywhere .
    Solution is probably to book at the last minute if July or September is good or go club fields.
     
  22. climberman

    climberman CloudRide1000 Legend Ski Pass: Gold

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    Dinner Plain looks like amazing value to me. Great place.
     
  23. Red_switch

    Red_switch Old n' Crusty Ski Pass: 30 Day

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    I've heard some horror stories about queues at the clubbies this winter.
     
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  24. snowgum

    snowgum One of Us Ski Pass: Gold

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    Seems a common theme across Oz/NZ and perhaps much of the western world. Totally open the borders to foreign investment, swamp the locals, price them out and force younger gen to move to boonies.

    Gotta love capitalism sometimes! ( ;-)
     
  25. snowgum

    snowgum One of Us Ski Pass: Gold

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    Oh yes, find the next 'bargain' and repeat!
     
  26. rowdyflat

    rowdyflat One of Us Ski Pass: Silver

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    Unfortunately money talks and I suspect a lot of laundered money makes its way into real estate , local and state governments , estate agents love the revenue and before they realise what's happened ,it destroys communities.
    One of the guides we spoke to was quite resentful that she couldnt afford a place near Wanaka and that many houses were empty part of the year.
    The LNP pushed the belief that no one would support lower real estate prices and that suggestions to control it by the ALP such as reducing negative gearing and capital gains discounts were bad.
    They have reduced interest rates by pressure on the Reserve and here you have it, the potential for another type of GFC.
     
  27. pedub

    pedub One of Us

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    Queues also worst I've ever seen at Ohau and Dobson on some weekends. Dobson said that was record numbers (last Sunday).

    We had a verbal agreement on $100k for a section at Ohau but seller just pulled pin when pen came to paper.... :( that was about 3 years ago. In hindsight, probably better as we've done several big trips overseas now since then. But the sections are now 200-300k........:confused: I wont go there

    Depends why you want it i guess..
     
  28. rowdyflat

    rowdyflat One of Us Ski Pass: Silver

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    Really ,so Ohau , dobson and club fields are getting too popular?
     
  29. pedub

    pedub One of Us

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    I think Mackenzie yes, from what I've seen. as mentioned RE Dobson
    Somewhere I read last year was a record season for Ohau. Think its pinned on the wall in their lodge
     
  30. Red_switch

    Red_switch Old n' Crusty Ski Pass: 30 Day

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    The issue is that their infrastructure is really very limited.
     
  31. Red_switch

    Red_switch Old n' Crusty Ski Pass: 30 Day

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    Re house prices in Wanaka in particular. Yes at the extreme high end foreign money plays a role. But these are multi million dollar gated estates out of town that have always commanded a premium. That's really quite a separate market.

    Most of the houses in Wanaka town itself are kiwi owned, mostly by families that spend their summers there. A lot of them are owned by dairy farming families from the lower south island, or folks from other professions that have managed to ride the dairy boom. Dairy farming and skiing aren't overly compatible, but there's a reason why the upper clutha a&p show remains a huge event...

    Foreign ownership is much more of an issue for residential homes in Auckland than holiday homes in the Southern Lakes. There is quite a bit of Australian money in Queenstown, but it's mostly going into multi million dollar new builds.
     
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  32. rowdyflat

    rowdyflat One of Us Ski Pass: Silver

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    Thanks Red_switch I wondered what was going on?
    Do you think there is much potential for expansion of lifting capacity ?
     
  33. N0frilz

    N0frilz Hard Yards

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    second hand lift going into Ohau this summer...
     
  34. Red_switch

    Red_switch Old n' Crusty Ski Pass: 30 Day

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    Not at the club fields. They are severely constrained by capital and their operating environment.

    As for Ohau, plenty of potential, and stuff in the works.

    There are always whispers of other projects up Mackenzie way too...
     
  35. rowdyflat

    rowdyflat One of Us Ski Pass: Silver

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    Southern lakes Skifields surely will have to expand ??
     
  36. Red_switch

    Red_switch Old n' Crusty Ski Pass: 30 Day

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    Yeah, and there's stuff in the pipeline for both Cardrona and Remarkables.
     
  37. climberman

    climberman CloudRide1000 Legend Ski Pass: Gold

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    I can imagine the family vibe getting a beating in QT and Wanaka. Nice if you are an old bastard like me but not realistically affordable for most families.

    Good time to be in construction I guess.
     
  38. BMWRX

    BMWRX Addicted

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    My brother was going to join my partner and I next year at QT. He has baulked at the idea once he worked out it would be about $7K for a week just to get himself, wife and two young kids there, accommodation, and ski passes. Then add on did and entertainment it becomes prohibitive.
     
  39. rowdyflat

    rowdyflat One of Us Ski Pass: Silver

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    We rented a house 15 mins from Wanaka by car, it was less than $1000 per week for at least 4 people.
     
  40. pedub

    pedub One of Us

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    Stayed in wanaka for 65 a night a few weeks ago... (2ppl) Depends how high your standards are
     
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  41. BMWRX

    BMWRX Addicted

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    When we've ventured to NZ we've contemplated doing that, but in the end we're prepared to pay the premium to be able to just walk into town. We usually stay near the golf course for around $1600/wk but that's an apartment with washing machine, kitchen, etc (I could live in a box but my other half prefers a bit of comfort while on holiday).
     
  42. Red_switch

    Red_switch Old n' Crusty Ski Pass: 30 Day

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    Wanaka is going to be a sprawling mess.