Feature article
Canterbury property market update: Garden City resilience shines
Record highs, steady growth, and a region hitting its stride.
AI summary
The Canterbury property market is demonstrating resilient and sustainable growth, with its Property Price Index outperforming Auckland and Wellington. The average asking price reached $757,000, a 2.4% year-on-year increase, presenting value for buyers.
New listings are high, with strong interest in suburbs like Halswell, St Albans, and Rolleston. Notably, "as is where is" properties are the top search term, showing a strong appetite for project homes. The rental market remains stable with an average rent of $588/week.
| Value | MoM% | YoY% | |||||
|---|---|---|---|---|---|---|---|
| Average Asking Price | Average Asking Price | $757,000 | $757,000 | 1.20% | 1.20% | 2.40% | 2.40% |
| Average Weekly Rent | Average Weekly Rent | $588 | $588 | -0.10% | -0.10% | -0.30% | -0.30% |
For buyers: Finding your edge
From urban Christchurch to beautiful natural areas like Kaikōura, there's a lot to love about Canterbury.
For sellers: What are people looking for in Canterbury?
For homeowners: Tracking your equity
The rental market: Insights for tenants & landlords
There's been a real rejuvenation in Canterbury's biggest city.
The dream list: Canterbury standouts
Why live in Canterbury?
Author
Discover More
‘We wanted to show off’: He built his own Lockwood home to prove what it could do
Former Lockwood boss Joe La Grouw’s 648sqm Rotorua home, built to showcase the company’s designs, is now on the market.
Famed architect built this grand Masterton home for his family of 10
Architect Charles Natusch built this grand Masterton home for his family of 10 in 1893.
Search
Other articles you might like
