Buying guide

Christchurch house prices: 2024 market & suburbs to watch

Considering buying a property in Christchurch? Here’s everything you need to know about the market before you do

Ben Tutty
Last updated: 2 April 2024 | 5 min read
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The Christchurch property market is showing strong resilience, outperforming other major NZ cities with a 1.6% value increase in the year to February 2024. Its relative affordability, with an average value of $758,452, has cushioned it from recent downturns.

Suburb values vary significantly. While affordable areas like Islington have seen strong recent growth, affluent suburbs such as Strowan offer better long-term gains. This makes Christchurch an ideal market for beginner investors due to lower prices and good yields.

Christchurch house prices by the numbers

Christchurch property prices in 2024

Annual average property value change January 2024

Christchurchy city centre

Average house prices: Christchurch suburbs

Top 5 Christchurch suburbs - Value increases Feb 23 to Feb 24

Top 5 Christchurch suburbs - Value increases 20 year average

Christchurch is a great place to invest in property.

Buying property in Christchurch?

Author

Ben Tutty Ben Tutty
Content Writer