For a very long time, Christchurch has been considered one of the most affordable cities in New Zealand. Although prices have increased over time – which has been great for investors – Christchurch is still much more affordable compared to cities like Auckland and Wellington. The same goes for rentals, where renters often get a lot more for their money in Christchurch. This rental affordability means investment properties rarely sit empty for long, further confirming Christchurch as an attractive option for property investors.

Almost a decade after the earthquake, Christchurch has been rebuilt, with many other developments underway. With a general cooling in property prices across the country and the different options available to buyers operating at different levels of the market, now seems like the perfect time to invest in property in Christchurch.

In order to make the best possible investment, it is necessary for buyers to consult estate agents in christchurch which can help them find good deals. This is especially true for out-of-town buyers who may not be fully familiar with the city and who only look at a property based on price without considering other elements such as location, price, or location. insurance, school districts and potential rental income.

With the help of a good agent, investors could gain access to Christchurch properties that may not yet be listed, or be made aware of excellent future development opportunities where they could enter on the ground floor . Agents can also advise on acceptable asking prices for properties in a given area, and can help buyers determine whether a property is truly a bargain or not by considering factors such as maintenance or renovation costs. potential, the ability to attract long-term tenants and potential resale value.

© Scoop Media

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