Ilam 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 Ilam, Christchurch City

Average House Value

2.0%
$898,050

Average Rent

$585

Estimated Yield

3.4%

Long Term Capital Growth

5.4%

Ed's Insights

Ilam is a suburb in Christchurch City.

9,000 people currently live in Ilam. 39.4% of these people rent.

The average house value in Ilam is $898,050.

That’s down 1.6% from from 2 years ago.

The median rent in Ilam is $585.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.0%
$898,050

Median Days to Sell

29

Properties listed for sale in the last month

17

Properties sold in the last 12 months

105

Insights

The average house value in Ilam is $898,050.

On average it takes 29 days to sell a house.

All up 105 properties were sold in Ilam over the last year, and 17 properties were listed for sale in the last month.

Rental Data

Median Rent

$585

Rental properties listed last year

Not enough data available

Rental properties listed last month

Not enough data available

Median days to rent

Not enough data available

Insights

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

Demographic Info

What do tenants in Ilam want?

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

34.7% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Ilam is 2 cars.

32.4% of residents in the suburb own 2 cars.

How many Bedrooms do renters have in Ilam?

How many Cars do renters have in Ilam?