Rolleston in demand

by Mike Isle

Canterbury including Rolleston is one of the most active real estate markets in New Zealand according to October statistics from realestate.co.nz.

Spokesperson, Vanessa Taylor, says the area “is a unique region. A big climb in new listings and a small drop in asking price will make it an attractive market for home buyers.”

New listings in the Canterbury region lifted 12.3 per cent to 1,776, while the average asking price dropped 2.7 per cent to $498,208.

In the past month, the Canterbury region had more than 44,000 unique browsers looking at property.

“Cantabrians remain the biggest searchers for property within the region, which is no surprise.

They’re followed by property seekers from the Auckland, Otago and Wellington regions.

“However, there is also interest from Australia, with New South Wales and Queensland registering the next highest levels of seekers after the main New Zealand centres,” says Vanessa.

The most popular suburbs searched were Fendalton, Rangiora, Christchurch Centre, Cashmere then Rolleston.