By Paul TaylorTwenty-five sections at one of Queenstown's newest subdivisions were snapped up within two hours on Saturday. As the average house price in the resort hit $1 million, Melbourne-based developers RCL Group released stage three of its relatively affordable neighbourhood. Saturday's release means a tenth of those sections have now been sold - for prices ranging from the low $200,000s to $300,000. Wightman said: "We're continuing to release sections to the market in stages where we know we're going to be able to deliver them within a reasonable amount of time. Electrician Scott Schwendemann said: "We're delighted.

Source: New Zealand Herald December 04, 2016 18:31 UTC