Queenstown is an international resort town in Otago in the south-west of New Zealand's South Island. It is built around an inlet called Queenstown Bay on Lake Wakatipu, a long thin lake formed by glacial processes that is shaped like a staggered lightning bolt, and has spectacular views of nearby mountains. William Gilbert Rees, along with fellow explorer Nicholas Von Tunzelman, were the first Europeans to settle the area.
Rees was in search of pastoral land, and after an initial visit returned in 1860 to establish a high country farm in the location of Queenstown's current town centre. However the Rees’ farming lifestyle was to be short-lived. In 1862 gold was discovered in the Arrow River, a short distance from Queenstown.
There are various apocryphal accounts of how the town was named, the most popular suggesting that a local gold digger exclaimed that the town was "fit for Queen Victoria". It is now known for its commerce-oriented tourism, especially adventure and ski tourism. It is popular with young international and New Zealand travellers alike.
The town is the largest centre in Central Otago, and the third largest in Otago. There are a few administrative functions (such as primary healthcare) that are currently administered by the neighbouring province of Southland. According to the 2006 census, the usually resident population of the Queenstown urban area (including Frankton and Kelvin Heights) is 10,416, an increase of 22.1% since 2001.