This three bedroom home on Joy St is among a handful of properties for sale in Shirley. According to OneRoof research, house prices in eight suburbs nationwide grew less than $50,000 since 2016 – with Shirley, Christchurch’s unwanted representative. The median property value in Shirley was $480,000 last week, compared to $440,000 five years ago. Canterbury-wide the median property value on February 25 was $535,000, an increase of $110,000 over the last five years, with the average price rising 13.7 per cent since Covid-19 took hold in March, 2020. Photo: oneroof.co.nzOneRoof calculated the current median property value in New Zealand as $765,000, a $140,000 increase over the past 12 months, and $290,000 escalation over the last five years.

Source: Otago Daily Times March 09, 2021 21:22 UTC