Posted: May 9, 2025Category:

Media Release: Orchard Park’s Riverbank Road Release Gaining Momentum

The latest release at Orchard Park in Wānaka is off to a strong start, with nearly 40% of sections already sold or under contract just weeks after launch. Released to market in April, the Riverbank Road Release features 31 premium sections, and 12 have already been snapped up by buyers recognising both the lifestyle appeal and the strategic value of this development.

Orchard Park has quietly established itself as a smart alternative to Queenstown’s skyrocketing property market, offering larger sections, a more relaxed pace, and outstanding value in one of New Zealand’s most sought-after regions. The Riverbank Road Release continues that legacy, with generous lots, wide-open views, and a thoughtfully designed layout that feels like a natural extension of Wānaka’s best qualities.

Current data from Realestate.co.nz puts Wānaka’s median time to sell at 38 days, but anecdotal reports suggest sections can sit for up to four months. The early success of Riverbank Road signals something different: savvy buyers are acting quickly to secure land at today’s prices, knowing that growth in the district is only going one way.

For investors, property speculators, and upgraders alike, the timing couldn’t be better. With just a 10% deposit and settlement not due until title is issued in 18 months, the Riverbank Road Release offers a rare opportunity to buy now and plan ahead. That flexibility, coupled with the proven performance of developer, Quartz Development’s previous stages, is attracting attention from those who understand long-term value.

“It’s ideal for people looking to move from their first home to their forever home,” says the developer. “You get more land, more breathing room, and more time to design the life you want.”

With sections continuing to sell and the market responding positively, this release is expected to move fast. To learn more, visit orchardpark.nz or contact your local Harcourts Wānaka team today.