Christchurch – A Global Symbol of Resilience and Rebuilding
Two years ago last week, a white supremacist killed 51 people at two Christchurch mosques. His attack brought to public view a particular brand of 21st century extremism that continues to challenge governments and platforms.
The population size of a city is an important indicator to consider when purchasing property there. A high population can cause house prices to be higher than average.
Location
The location of your investment property is one of the most important factors when buying a passive income property. In Christchurch, investors typically choose New Build 2-bed townhouses located in central Christchurch in places like Addington and Linwood. They also invest in New Build standalone houses that offer high rental returns in satellite suburbs such as Halswell. The affordable options are ideal for new investors or those with a limited lending capacity, while a more expensive standalone house would be more appropriate for established investors looking to diversify their portfolio.
Use this map to explore which Christchurch suburbs are growing in value fastest and find the right option for you.
Style
New Zealand’s second-largest city has risen from the rubble of earthquake destruction and terrorist attacks in recent years to become a global symbol of resilience and rebuilding. Now it’s a bustling, regenerative scene of historic restoration, new buildings and cultural creativity.
In March, a white supremacist gunned down worshippers in two Christchurch mosques, killing 50 people. The attacker used a live-streamed video on social media to spread his message of hatred. Facebook has since removed the videos from its platform and imposed stricter rules for uploading content.
The distinctive Z-shaped house is the largest and probably the priciest in the Fendalton suburb of Christchurch. Designed by Auckland architects RTA Studio, it has been granted both resource and building consent and will have three garages, two carports, an orangerie (a type of conservatory), a music room and a library, among other features.
Gaudin and Arnold, who both grew up in New Zealand, have published previous books on modern architecture, including Down the Long Driveway You’ll See It, which looked at midcentury homes across the country. Their latest book, Christchurch Style, shines a spotlight on the local movement, which they say is overlooked in architectural history. They believe it’s time to change that. “The same way that you can’t talk about New Zealand music without mentioning the Dunedin Sound, we need to recognize this style,” they write in the book’s introduction.
Features
The most populous city in the Canterbury Region of New Zealand’s South Island, Christchurch is a centre for manufacturing, retailing, and tourism. It is also one of the country’s major agricultural centres. The city is renowned for its many parks and public gardens. Its horticultural society has a significant collection of rare plants, and there are also botanical gardens, planetariums, Canterbury Museum, and Yaldhurst Museum of Transport and Science.
The city’s aging cathedral, located in the heart of Cathedral Square, has been the focus of a court battle between the diocese and Great Christchurch Buildings Trust over how it should be rebuilt. The judge ruled that the cathedral could be replaced by another structure, but it must retain its symbolic status as the central religious and civic focal point of the city.
The city is served by airports at Lyttelton and Christchurch, as well as a railway terminal at the inner city suburb of Christchurch Central. The principal port is Lyttelton, which has a natural deep-water anchorage. Chief exports are meat, wool, and dairy products; principal imports are petroleum products, fertilizers, and metals.
Budget
There are a lot of renowned indoor venues in Christchurch where you can host parties and other events. These venues are equipped with professional audio/visual equipment rentals to make your event a memorable one. You can rent microphones, speakers, amplifiers, projectors, TVs, and video cameras to create a professional atmosphere for your guests. Some venues also have outdoor areas that are perfect for picnics.
While the Christchurch property market has slowed, it is still a great option for investors looking for affordable properties with high rental returns. However, it is important to remember that it’s best not to put all your eggs in one basket. If you have a large deposit or lending capacity, consider investing in properties in other major cities such as Auckland and Wellington.
Opes’ recommendations for Christchurch City property investment typically include 2-bed townhouses and standalone houses in satellite suburbs like Rolleston or Halswell. To find the best property for you, navigate through the block-coloured map below to see which suburbs grow in value fastest and generate the highest gross rental yields. property video Christchurch