Sumner 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 Sumner, Christchurch City

Average House Value

4.5%
$1,154,050

Average Rent

$575

Estimated Yield

2.6%

Long Term Capital Growth

6.6%

Ed's Insights

Sumner is a suburb in Christchurch City.

2,643 people currently live in Sumner. 26.9% of these people rent.

The average house value in Sumner is $1,154,050.

That’s down -0.3% from from 2 years ago.

The median rent in Sumner is $575.

Market Insight - Median House Price Trend

Sales Data

Average House Value

4.5%
$1,154,050

Median Days to Sell

39

Properties listed for sale in the last month

4

Properties sold in the last 12 months

41

Insights

The average house value in Sumner is $1,154,050.

On average it takes 39 days to sell a house.

All up 41 properties were sold in Sumner over the last year, and 4 properties were listed for sale in the last month.

Rental Data

Median Rent

$575

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

Demographic Info

What do tenants in Sumner want?

The most popular number of bedrooms a tenant rents in Sumner is 2 bedrooms.

39.6% of tenants in the suburb rent properties with 2 bedrooms.

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

50.0% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Sumner?

How many Cars do renters have in Sumner?