Balclutha Property Market And House Prices

Suburb of Clutha District

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 Balclutha, Clutha District

Average House Value

4.1%
$432,000

Average Rent

$420

Estimated Yield

5.1%

Long Term Capital Growth

6.8%

Ed's Insights

Balclutha is a suburb in Clutha District.

3,873 people currently live in Balclutha. 24.9% of these people rent.

The average house value in Balclutha is $432,000.

That’s down 3.2% from from 2 years ago.

The median rent in Balclutha is $420.

Market Insight - Median House Price Trend

Sales Data

Average House Value

4.1%
$432,000

Median Days to Sell

38

Properties listed for sale in the last month

12

Properties sold in the last 12 months

119

Insights

The average house value in Balclutha is $432,000.

On average it takes 38 days to sell a house.

All up 119 properties were sold in Balclutha over the last year, and 12 properties were listed for sale in the last month.

Rental Data

Median Rent

$420

Rental properties listed last year

81

Rental properties listed last month

5

Median days to rent

21

Insights

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

Demographic Info

What do tenants in Balclutha want?

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

38.6% of tenants in the suburb rent properties with 3 bedrooms.

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

48.9% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Balclutha?

How many Cars do renters have in Balclutha?