Broomfield 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 Broomfield, Christchurch City

Average House Value

2.1%
$701,050

Average Rent

$550

Estimated Yield

4.1%

Long Term Capital Growth

5.8%

Ed's Insights

Broomfield is a suburb in Christchurch City.

2,187 people currently live in Broomfield. 32.8% of these people rent.

The average house value in Broomfield is $701,050.

That’s down -0.2% from from 2 years ago.

The median rent in Broomfield is $550.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.1%
$701,050

Median Days to Sell

29

Properties listed for sale in the last month

1

Properties sold in the last 12 months

33

Insights

The average house value in Broomfield is $701,050.

On average it takes 29 days to sell a house.

All up 33 properties were sold in Broomfield over the last year, and 1 properties were listed for sale in the last month.

Rental Data

Median Rent

$550

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 Broomfield at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Broomfield want?

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