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Market Analysis

Property in the Peninsula area has been and is keenly sought by the discerning for both it’s lifestyle and recreational facilities.

The Lyttelton Harbour Basin and surrounds provide rural and sea views, and relaxed village living within easy commuting distance to Christchurch city. Much of the enquiry for property here is from incoming settlers and returning expats who see the opportunity to acquire property with so many lifestyle benefits so close to the city . Their comments nearly always include disbelief that such a favoured area can provide purchase opportunities which would not be available in such positions elsewhere in the world.

Over the past ten years the population growth has seen much development and steadily increasing property prices in the area and this will continue. The cheapest houses on offer in the harbour basin for instance, are now in the mid $200,000’s and superior properties have sold around five times this.

There is no better time to buy than now during the current check in the historic price increases. There is a shortage of good stock in the market, so equally, it is a good time to sell.

Buying or selling contact us we live, work and totally believe, in this delightful place.



   
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Stunning position, breathtaking views, north west facing, services to boundary, initial proposed scheme plans for house available. Most compelling purchase...
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Banks Peninsula Information
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