Queenstown lies close to the heart of the Central Otago wine region. Central Queenstown contains many businesses, apartments and homes but is near many suburbs or large areas of housing: Fernhill, Sunshine Bay, Queenstown Hill, Goldfield Heights, Marina Heights, Kelvin Heights, Arthurs Point and Frankton. Just outside Queenstown are the areas of: Arrowtown, Closeburn, Dalefield, Gibbston, Jack's Point, Hanley's Farm, Hayes Creek, Lake Hayes Estate, Shotover Country and Quail Rise. Because of its relatively moderate altitude (310 metres) and high mountain surroundings, Queenstown has an oceanic climate (Köppen climate classification "Cfb"). Summer has long warm days with temperatures that can reach 30 °C while winters are cold with temperatures often in single digits with frequent snowfall, although there is no permanent snow cover during the year. As with the rest of Central Otago, Queenstown lies within the rain shadow of the Southern Alps, but being closer to the west coast the town is more susceptible to rain-bearing fronts than nearby Cromwell, Wanaka and Alexandra. The hottest recorded temperature in Queenstown is , while the coldest is . Residential housing in the Queenstown area is quite expensive due to factors such as the town being a tourist destination, its lack of land and its desirability to foreigners and investors. Queenstown is rated the least affordable place in New Zealand to buy a property, overtaking Auckland at the start of 2017. In December 2016 the average house price in the Queenstown area rose to $1 million NZD. The area’s growth rate is one of the fastest in the country with the population growing 7.1% from 2015 to 2016 in a 12-month period. Most jobs in Queenstown are tourism- or accommodation-related. Employment growth was also the highest of any area in New Zealand at 10.3% in the March 2016 year. A resort town, Queenstown boasted 220 adventure tourism activities in 2012. Skiing and snowboarding, jet boating, whitewater rafting, bungy jumping, mountain biking, skateboarding, tramping, paragliding, sky diving and fly fishing are all popular. Queenstown is a major centre for snow sports in New Zealand, with people from all over the country and many parts of the world travelling to ski at the four main mountain ski fields (Cardrona Alpine Resort, Coronet Peak, The Remarkables and Treble Cone).