Feature article

Canterbury property market update: Garden City resilience shines

Record highs, steady growth, and a region hitting its stride.

Hannah Hilliam
Last updated: 29 April 2026 | 3 min read
AI

AI summary

The Canterbury property market is showing impressive resilience with steady, sustainable growth, outperforming Auckland and Wellington. The average asking price is $757,000, making it attractive for first-home buyers and investors.

New listings are 115% above the national average, offering buyers significant choice. Key growth suburbs to watch include:

- Halswell

- St Albans

- Rolleston

There is also strong demand for 'as is where is' properties, creating opportunities for sellers with homes needing work.

Canterbury pricing trends
ValueMoM%YoY%
Average Asking PriceAverage Asking Price$757,000$757,0001.20%1.20%2.40%2.40%
Average Weekly RentAverage Weekly Rent$588$588-0.10%-0.10%-0.30%-0.30%

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Author

Hannah Hilliam Hannah Hilliam
Content Writer