New Brighton 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 New Brighton, Christchurch City

Average House Value

2.4%
$554,400

Average Rent

$543

Estimated Yield

5.1%

Long Term Capital Growth

6.0%

Ed's Insights

New Brighton is a suburb in Christchurch City.

5,937 people currently live in New Brighton. 35.3% of these people rent.

The average house value in New Brighton is $554,400.

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

The median rent in New Brighton is $543.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.4%
$554,400

Median Days to Sell

31

Properties listed for sale in the last month

11

Properties sold in the last 12 months

134

Insights

The average house value in New Brighton is $554,400.

On average it takes 31 days to sell a house.

All up 134 properties were sold in New Brighton over the last year, and 11 properties were listed for sale in the last month.

Rental Data

Median Rent

$543

Rental properties listed last year

161

Rental properties listed last month

18

Median days to rent

21

Insights

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

Demographic Info

What do tenants in New Brighton want?

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

36.7% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in New Brighton is 1 car.

46.5% of residents in the suburb own 1 car.

How many Bedrooms do renters have in New Brighton?

How many Cars do renters have in New Brighton?