Cashmere 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 Cashmere, Christchurch City

Average House Value

1.6%
$1,122,300

Average Rent

$650

Estimated Yield

3.0%

Long Term Capital Growth

5.6%

Ed's Insights

Cashmere is a suburb in Christchurch City.

6,342 people currently live in Cashmere. 15.2% of these people rent.

The average house value in Cashmere is $1,122,300.

That’s down 2.9% from from 2 years ago.

The median rent in Cashmere is $650.

Market Insight - Median House Price Trend

Sales Data

Average House Value

1.6%
$1,122,300

Median Days to Sell

37

Properties listed for sale in the last month

19

Properties sold in the last 12 months

87

Insights

The average house value in Cashmere is $1,122,300.

On average it takes 37 days to sell a house.

All up 87 properties were sold in Cashmere over the last year, and 19 properties were listed for sale in the last month.

Rental Data

Median Rent

$650

Rental properties listed last year

148

Rental properties listed last month

13

Median days to rent

21

Insights

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

Demographic Info

What do tenants in Cashmere want?

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

31.9% of tenants in the suburb rent properties with 3 bedrooms.

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

41.7% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Cashmere?

How many Cars do renters have in Cashmere?