We were apprehensive about picking a place outside of the centre, but in hindsight, it was the right decision. You really don't get the same sense of Queenstown's magnificence from the water level in town. Up on the side of the mountain, you get such spectacular views that aren't possible lower down. The walk into town is also beautiful (through the streets on the mountainside is better than on the lakeside). Uber prices fluctuate but if you time it right, you can get a one-way trip to town for about NZ$17, so it makes sense considering how much more you'll pay to stay in town. The bus is also quite convenient both ways (currently NZ$2 one way). The shower had really strong water pressure, and really warm (easy to get the right temperature). The electric heater was toasty.