Feature article

Canterbury property market update: Garden City resilience shines

Record highs, steady growth, and a region hitting its stride.

Hannah Hilliam
Last updated: 29 April 2026 | 3 min read
AI

AI summary

The Canterbury property market is showing resilient and sustainable growth, outperforming other major centres. With an average asking price of $757,000, the region offers value for first-home buyers and investors.

New listings are well above the national average, with properties selling quickly. Key growth suburbs to watch include:

- Halswell

- St Albans

- Rolleston

For sellers, buyer interest is strong, with a notable demand for "As is where is" properties, indicating an appetite for renovation projects.

Canterbury pricing trends
ValueMoM%YoY%
Average Asking PriceAverage Asking Price$757,000$757,0001.20%1.20%2.40%2.40%
Average Weekly RentAverage Weekly Rent$588$588-0.10%-0.10%-0.30%-0.30%

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Author

Hannah Hilliam Hannah Hilliam
Content Writer