Redwood 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 Redwood, Christchurch City

Average House Value

2.1%
$666,350

Average Rent

$580

Estimated Yield

4.5%

Long Term Capital Growth

5.7%

Ed's Insights

Redwood is a suburb in Christchurch City.

8,250 people currently live in Redwood. 28.7% of these people rent.

The average house value in Redwood is $666,350.

That’s down -0.1% from from 2 years ago.

The median rent in Redwood is $580.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.1%
$666,350

Median Days to Sell

Not enough data available

Properties listed for sale in the last month

Not enough data available

Properties sold in the last 12 months

Not enough data available

Insights

Here is the sales data that we have for Redwood.

We currently don't have the number of days to sell a property in this suburb. We're working hard to get this data. Hopefully, it will be available shortly.

Rental Data

Median Rent

$580

Rental properties listed last year

136

Rental properties listed last month

13

Median days to rent

21

Insights

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

Demographic Info

What do tenants in Redwood want?

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

52.0% of tenants in the suburb rent properties with 3 bedrooms.

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

41.9% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Redwood?

How many Cars do renters have in Redwood?