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Latest Headlines
Plot price doubles as sections withdrawn
The buyers of 16 sections in Queenstown's prominent Quail Rise subdivision have had their contracts cancelled and land offered to them at twice the price.
Monday, January 26th 2004, 7:19PM
by The Landlord
The 13 buyers, many of whom have families, bought the sections at prices starting at $125,000 about three years ago.
However, the Queenstown Lakes District Council is being blamed for the section withdrawals because it did not provide titles for the sections as anticipated by developer David Broomfield. The developer has now withdrawn the contracts on the land and offered new sections at prices which could top $250,000 when they become available.
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Mortgage Rates Table
Full Rates Table | Compare Rates
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| AIA - Back My Build |
3.34 |
- |
- |
- |
| AIA - Go Home Loans |
5.89 |
4.65 |
5.25 |
5.49 |
| ANZ |
5.79 |
5.39 |
6.09 |
6.29 |
| ANZ Blueprint to Build |
7.39 |
- |
- |
- |
| ANZ Good Energy |
- |
- |
- |
1.00 |
| ANZ Special |
- |
4.79 |
5.49 |
5.69 |
| ASB Bank |
5.79 |
4.65 |
5.25 |
5.49 |
| ASB Better Homes Top Up |
- |
- |
- |
1.00 |
| Avanti Finance - Near Prime |
6.35 |
- |
- |
- |
| Avanti Finance - Specialised |
7.45 |
- |
- |
- |
| Basecorp Finance |
6.35 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| BNZ - Mortgage One |
5.94 |
- |
- |
- |
| BNZ - Rapid Repay |
5.94 |
- |
- |
- |
| BNZ - Std |
5.84 |
4.65 |
5.19 |
5.39 |
| BNZ - TotalMoney |
5.94 |
- |
- |
- |
| CFML 321 Loans |
3.95 |
- |
- |
- |
| CFML Home Loans |
6.05 |
- |
- |
- |
| CFML Prime Loans |
6.25 |
- |
- |
- |
| CFML Standard Loans |
6.95 |
- |
- |
- |
| China Construction Bank |
6.44 |
4.85 |
4.95 |
4.95 |
| China Construction Bank Special |
6.44 |
5.85 |
5.95 |
5.95 |
| Co-operative Bank - First Home Special |
- |
4.55 |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Co-operative Bank - Owner Occ |
4.99 |
4.65 |
5.29 |
5.49 |
| Co-operative Bank - Standard |
4.99 |
5.15 |
5.79 |
5.99 |
| Credit Union Auckland |
7.70 |
- |
- |
- |
| First Credit Union Special |
- |
5.09 |
5.49 |
- |
| First Credit Union Standard |
6.49 |
5.69 |
6.09 |
- |
| Heartland Bank - Online |
5.80 |
5.89 |
- |
- |
| Heartland Bank - Reverse Mortgage |
7.99 |
- |
- |
- |
| Heretaunga Building Society |
6.50 |
5.50 |
5.65 |
- |
| ICBC |
5.39 |
4.49 |
4.99 |
5.25 |
| Kainga Ora |
5.79 |
4.59 |
4.95 |
5.19 |
| Kainga Ora - First Home Buyer Special |
- |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Kiwibank |
5.75 |
5.65 |
6.19 |
6.35 |
| Kiwibank - Offset |
5.75 |
- |
- |
- |
| Kiwibank Special |
5.75 |
4.75 |
5.29 |
5.55 |
| Liberty |
6.65 |
6.55 |
6.22 |
6.20 |
| Nelson Building Society |
6.49 |
4.69 |
5.09 |
- |
| Pepper Money Near Prime |
6.55 |
- |
- |
- |
| Pepper Money Prime |
5.99 |
- |
- |
- |
| Pepper Money Specialist |
8.00 |
- |
- |
- |
| SBS Bank |
5.84 |
5.29 |
5.79 |
5.99 |
| SBS Bank Special |
- |
4.69 |
5.19 |
5.39 |
| SBS Construction lending for FHB |
3.74 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| SBS FirstHome Combo |
3.29 |
4.19 |
- |
- |
| SBS FirstHome Combo |
- |
- |
- |
- |
| SBS Unwind reverse equity |
7.99 |
- |
- |
- |
| TSB Bank |
6.59 |
5.49 |
6.05 |
6.29 |
| TSB Special |
5.79 |
4.69 |
5.25 |
5.49 |
| Unity First Home Buyer special |
- |
4.09 |
- |
- |
| Unity Special |
5.79 |
4.80 |
5.29 |
- |
| Unity Standard |
5.79 |
5.60 |
6.09 |
- |
| Wairarapa Building Society |
6.15 |
4.95 |
5.45 |
- |
| Westpac |
5.89 |
5.39 |
5.79 |
6.09 |
| Westpac Choices Everyday |
5.99 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Westpac Offset |
5.89 |
- |
- |
- |
| Westpac Special |
- |
4.79 |
5.19 |
5.49 |
| Median |
5.94 |
4.80 |
5.45 |
5.49 |
Last updated: 5 June 2026 10:14am |
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