Cannons Creek Property Market And House Prices

Suburb of Porirua 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 Cannons Creek, Porirua City

Average House Value

1.9%
$577,600

Average Rent

$600

Estimated Yield

5.4%

Long Term Capital Growth

8.8%

Ed's Insights

Cannons Creek is a suburb in Porirua City.

7,737 people currently live in Cannons Creek. 65.1% of these people rent.

The average house value in Cannons Creek is $577,600.

That’s down 7.7% from from 2 years ago.

The median rent in Cannons Creek is $600.

Market Insight - Median House Price Trend

Sales Data

Average House Value

1.9%
$577,600

Median Days to Sell

24

Properties listed for sale in the last month

1

Properties sold in the last 12 months

25

Insights

The average house value in Cannons Creek is $577,600.

On average it takes 24 days to sell a house.

All up 25 properties were sold in Cannons Creek over the last year, and 1 properties were listed for sale in the last month.

Rental Data

Median Rent

$600

Rental properties listed last year

100

Rental properties listed last month

13

Median days to rent

21

Insights

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

Demographic Info

What do tenants in Cannons Creek want?

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

61.3% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Cannons Creek is 1 car.

42.6% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Cannons Creek?

How many Cars do renters have in Cannons Creek?