Rakaia Property Market And House Prices
Suburb of Ashburton District
Author: Ed McKnight
Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.
Key house price data for Rakaia, Ashburton District
Key house price data for Rakaia, Ashburton District
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Rakaia is a suburb in Ashburton District.
1,494 people currently live in Rakaia. 23.9% of these people rent.
The average house value in Rakaia is $497,900.
That’s down -3.6% from from 2 years ago.
The median rent in Rakaia is $460.
Market Insight - Median House Price Trend
Sales Data
Average House Value
Median Days to Sell
Properties listed for sale in the last month
Properties sold in the last 12 months
Insights
The average house value in Rakaia is $497,900.
On average it takes 48 days to sell a house.
All up 34 properties were sold in Rakaia over the last year, and 5 properties were listed for sale in the last month.
Rental Data
Median Rent
Rental properties listed last year
Rental properties listed last month
Median days to rent
Insights
There is no rental data available for Rakaia at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Rakaia want?
The most popular number of bedrooms a tenant rents in Rakaia is 3 bedrooms.
60.9% of tenants in the suburb rent properties with 3 bedrooms.
The most popular number of cars in Rakaia is 2 cars.
46.0% of residents in the suburb own 2 cars.