Bromley Property Market And House Prices

Suburb of Christchurch City

Ed McKnight

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.

Last Updated:

Key house price data for Bromley, Christchurch City

Average House Value

3.1%
$535,700

Average Rent

$530

Estimated Yield

5.1%

Long Term Capital Growth

6.1%

Ed's Insights

Bromley is a suburb in Christchurch City.

2,874 people currently live in Bromley. 36.5% of these people rent.

The average house value in Bromley is $535,700.

That’s down -0.9% from from 2 years ago.

The median rent in Bromley is $530.

Market Insight - Median House Price Trend

Sales Data

Average House Value

3.1%
$535,700

Median Days to Sell

24

Properties listed for sale in the last month

2

Properties sold in the last 12 months

53

Insights

The average house value in Bromley is $535,700.

On average it takes 24 days to sell a house.

All up 53 properties were sold in Bromley over the last year, and 2 properties were listed for sale in the last month.

Rental Data

Median Rent

$530

Rental properties listed last year

13,932

Rental properties listed last month

1,263

Median days to rent

21
BedroomsRentChange
1 Bedroom
$390/week28.9%
2 Bedrooms
$520/week4%
3 Bedrooms
$620/week3.5%
4 Bedrooms
$750/week7.1%

Insights

There is no rental data available for Bromley at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Bromley want?

The most popular number of bedrooms a tenant rents in Bromley is 3 bedrooms.

60.2% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Bromley is 1 car.

47.6% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Bromley?

How many Cars do renters have in Bromley?