How much do new build standalone properties cost?
A 3 to 4 bedroom standalone property (with a double garage) in Canterbury is typically priced between $850,000 to $1 million. The exact cost depends on where the property is being built.
For instance, properties in Halswell â a suburb on the perimeter of Christchurch City â will be priced at the upper end of that range.
Here is an example of a 4-bed, 2 bath property in Halswell is price at $920,000.
The 158 square metre floorplan is shared between a master bedroom, 3 bedrooms, and an internal access garage. The estimated rent will fetch between $720 and $750 per week.
Comparatively, properties in satellite towns like Rolleston and Kaiapoi tend to be within the $850,000 - $925,000 range.
For example, this 4-bed, 2 bath property in Rolleston is priced at $785,000. The estimated rent is somewhere between $650 and $670 per week.
While the floor size is identical to its more expensive alternative in Halswell, it does offer over 100 square meters of extra land space.
In Faringdon, itâs just south of Rollestonâs town centre and 20 minutes to Christchurch City.