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 showing steady, sustainable growth, outperforming other main centres. The average asking price reached $757,000, offering value for buyers and investors, with key growth in Halswell, St Albans, and Rolleston.
New listings are abundant, and buyer interest is strong, with high demand for "as is where is" properties. The rental market remains stable with an average rent of $588/week, supported by strong population growth, making it an attractive region.
| 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% |
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