Hornby Property Market And House Prices

Suburb of Christchurch 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 Hornby, Christchurch City

Average House Value

3.4%
$668,400

Average Rent

$550

Estimated Yield

4.3%

Long Term Capital Growth

6.5%

Ed's Insights

Hornby is a suburb in Christchurch City.

6,753 people currently live in Hornby. 37.7% of these people rent.

The average house value in Hornby is $668,400.

That’s down -4.7% from from 2 years ago.

The median rent in Hornby is $550.

Market Insight - Median House Price Trend

Sales Data

Average House Value

3.4%
$668,400

Median Days to Sell

27

Properties listed for sale in the last month

5

Properties sold in the last 12 months

141

Insights

The average house value in Hornby is $668,400.

On average it takes 27 days to sell a house.

All up 141 properties were sold in Hornby over the last year, and 5 properties were listed for sale in the last month.

Rental Data

Median Rent

$550

Rental properties listed last year

154

Rental properties listed last month

12

Median days to rent

21
BedroomsRentChange
3 Bedrooms
$590/week7.3%

Insights

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

Demographic Info

What do tenants in Hornby want?

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

53.9% of tenants in the suburb rent properties with 3 bedrooms.

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

41.8% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Hornby?

How many Cars do renters have in Hornby?