It won't come as a surprise that Queenstown remains the favourite Kiwi holiday destination.

For the fourth year running the South Island tourist hotspot has received more inquiries about holiday homes than any other New Zealand location, according to figures from domestic buy sell and swap website Trade Me.

"It's consistently topped charts of all descriptions here in New Zealand and is an extremely popular destination for offshore visitors - despite the average rental rate being more than $NZ600 per night," the website's Jeff Hunkin said.

Queenstown received 51 per cent more inquiries than second place Mt Maunganui, while Wanaka was the third most popular destination.

Highest number of Trade Me inquiries:
1. Queenstown
2. Mount Maunganui
3. Wanaka
4. Waiheke Island
5. Hanmer Springs