Market News

< All Posts

Kelleher Update May

We're thrilled to bring you updates on exciting properties and events in the real estate scene. We’re delighted to share the latest on our Beachside Sumner sales campaign, where stage two is now live and these exceptional coastal apartments are soaring in popularity.

Additionally, we'll recap the recent April sales in Christchurch and compare them to this time last year. Plus, don’t miss out—we are moving from Montreal Street to our new location on Salisbury Street. Check out our newest listings and recent sales. Dive in and stay informed with us!

The volume of residential sales in Christchurch City is similar to this time last year; however, we are seeing an increase in style in how we are living.

Residential Sale Statistics Christchurch April 23 vs April 24

Some surprising increases:

  • Apartments and cross-lease properties are up 5% in volume.
    We are buying slightly larger floor area properties by 14% but with similar land sizes.
  • As is' sales accounted for 21% of the market and increased by 36% compared to this time last year.

Some decreases in statistics:

  • Section sales volumes have dropped by over 55%; however, the average sale value has grown by 7%, reaching an average of $490,000.
  • Freehold properties accounted for 81% of the market this time last year but have now decreased to 69%, indicating an uptake in apartment and townhouse living.
     

Please feel free to reach out to Jeremy to discuss market trends.

We are thrilled to share an exciting update on our Beachside Sumner sales campaign!

Beachside, is under way on the high-profile corner site of Marriner Street and the Esplanade. It will be completed with six separate buildings, with work programmed to commence in June 2024.
 

Here’s what’s happening:
Strong Interest: Prospective buyers are drawn to the prime location—Sumner Beach just across the road—and the promise of an enviable lifestyle.


Architectural Excellence: Renowned architects Roger Walker and James Lunday have crafted coastal apartments with modern amenities, creating a unique blend of comfort and style.


Metropol Magazine Feature: We’re proud to announce that Beachside Sumner graced the cover of the Metropol Local Magazine and is in the latest issue here.


With initial sales underway and construction on the horizon, this development is poised for success. Thank you for being part of this journey!

We are on the Move!

We are thrilled to announce that we have sold our current office building on Montreal Street and will be moving to a new, modern, purpose-built creative agency building in June situated at 209 Salisbury St, Christchurch Central

This growth is fitting as we have successfully sold over 25% of residential homes on Salisbury Street, demonstrating our strong market presence in the City.

This move marks a significant milestone for us as we continue to expand and innovate.

Hannah and I extend a heartfelt thank you to the entire team for their hard work and dedication during this transition period. Your efforts have been instrumental in making this move possible.

In addition to our new office, we are proud to highlight the impressive growth of our sales team. Our dynamic team are Sam Ansell, Forbes Howie, Jeremiah Thompson, Amy Harrison, Shaun Higgins, and John Ross. We are also excited to welcome three more sales team members to the Kelleher family this year, further strengthening our capabilities and market presence.

Stay tuned for more updates and thank you for your continued support!

Other Posts By Jeremy

St Martins Villas Talkthrough

This is Jeremy talking you through our St Martins Villas

Liveability, neighbourhood and community. The 1, 2 or 3 bedroom townhouses in this boutique new development offer the chance to come home to comfort and style amid the green spaces St Martins Villas.

Warrington Villas Talkthrough

This is Jeremy presenting an overview of the Warrington Villas, located in St Albans, Christchurch.

 

We would love to hear from you

0800 673 769

Visit

209 Salisbury Street
Central City Christchurch

Market News

Kelleher Real Estate Public Website Terms and Conditions

By using this website, you will be deemed to have accepted these terms and conditions which apply to the use of this website, so please read these terms and conditions carefully. 

General Provisions 
These terms and conditions are governed and construed in accordance with New Zealand law and you accept the exclusive jurisdiction on the New Zealand courts. You accept that we change these terms and conditions at any time and that any revised terms and conditions displayed on our website from time to time will apply to your use of our website, its content and any service supplied by us. Your continued use of the website indicates your acceptance of the changes. 

Website Commitment 
We will endeavour to keep our website and its contents up to date and accurate. However, we make no representation or warranty (whether express or implied) that the content displayed on our website is up to date or accurate. We will endeavour to allow you access to our website, however we make no representation or warranty (whether express or implied) that the website or any service supplied by us will: 
​ Operate on a continuous or fault free basis, or at any particular time or location;​
Be secure or private; or​
​ Be free of viruses or other harmful features.​
We are not responsible for:​ 
​ Any device or other equipment which is not owned or supplied by us; or​
Any use of our website or any service supplied by us which is inconsistent with​ the directions or instructions for use or which is contrary to these terms and conditions. 

Your Responsibilities 
While using our website, any content on our website or any service supplied by us, you must: 
​Comply with these terms and conditions and any other agreements which you​ may have with us; 
Make sure all the information which you supply to us is current, complete, accurate​ and provided for in a timely manner; 
Comply with all applicable laws, regulations, standards, and codes;​ 
​Not damage or disrupt our website, it’s content or any service supplied by us;​
Not access, use or interfere with anybody else’s email or other communications​ which are not intended for you; 
Not use our website, its content or any service supplied by us:​
(​ a) For sending spam, chain letters, pyramid schemes, hoaxes or other similar unsolicited communications of any kind;
(​ b) To abuse, defame, threaten, stalk or harass others;
(​ c) For sending objectionable language, content, or any expressions of hatred, racism or anti-religious remarks of any kind;
(​ d) For running any network scanning software, spiders, spyware software, robots, open relay software, or any such similar software;
(​ e) For introducing any viruses, worms, trojan horses, time bombs or bots or any other harmful or destructive items or in any other way interfere with our, or anyone else’s network or computer system;
(​ f) For using any software or device which may interfere with the services which are intended to be enjoyed by other users through the use of mail bombs, war dialing, pinging or other disruptive technical means; and
(​ g) Using a false identity for the purpose of misleading others as to the identity of the sender or origin of any message.

Copyright 
Unless otherwise stated, the material published within our website is our copyright. No part of such material may be reproduced, in whole or in part, without our prior specific written permission. In particular, you may not copy or display for redistribution or for commercial purposes any portion of any of the website without our prior specific written permission. 

Intellectual Property 
We either own or have the right to use the intellectual property rights with respect to the website and its content and any personal identifiers (including addresses) (collectively, our Intellectual Property). Without limitation, our Intellectual Property includes copyright, Trademarks and design rights which we own or otherwise have the right to use. You acknowledge that you have no claim or interest in our Intellectual Property, other than in relation to those rights expressly provided to you in these terms and conditions or any other agreement which you may have with us. 
You must not copy or reproduce (whether digitally, electronically, by linking, or in hard copy or by any means whatsoever) or use any of our Intellectual Property without our prior written consent, unless such as copying, reproduction or use is required for the purpose of using our website, its content or any service supplied by us in the manner in which they are intended to be used. 

Disclaimer 
Information within our website may change from time to time. In particular, we reserve the right to change the contents of any listing and/or withdraw any listing at any time without notice. While every effort will be made to ensure that the information contained within our website is accurate and up to date, we make no warranty, representation or undertaking (whether expressed or implied) as to the accuracy, completeness, or usefulness of any information contained in our website, nor do we assume any legal liability (whether direct or indirect) or responsibility for the accuracy, completeness, or usefulness of any information contained in our website. 

We disclaim any liability in relation to any corruption or loss of data or other content which you or anyone else may experience as a result of using our website, their content or any service supplied by us, or any problems which you may encounter in viewing or navigating our website. 
We disclaim any liability in relation to the acts or omissions of any third parties in relation to any default by them in relation to the provision of or access to, our website, their contents or any service supplied by us. 
We are not a contracting party to any sale transaction facilitated through our website. All transactions are conducted at the parties’ own risk and we accept no responsibility or liability for the quality or fitness of any listed property, any representations made concerning any listed property, or a party’s title to any particular property.

Disclaimer of Other Sites 
Links to websites outside of our website are provided as a convenience to you. We do not necessarily endorse the content of such third party websites. We make no warranty, representation or undertaking (whether expressed or implied) as to the accuracy, completeness or usefulness of the information in the links, nor do we assume any legal responsibility for the accuracy, completeness or usefulness of the information in the links. 

Liability 
We (including our officers, employees and agents) will not be liable, whether in contract, tort (including negligence), equity or on any other basis to you or any third party for any direct, indirect or consequential damage, loss, cost or expense (including, without limitation, damage to property, injury to persons, loss of profits, loss of data or revenue, loss of use, lost business or missed opportunities, wasted expenditure or savings which you might have had, denial of service or access to our website) arising from the use of our websites, their content or any service supplied by us. 

If notwithstanding the clause above, a court of competent jurisdiction holds us (or any of our officers, employees or agents) liable in respect of any matter arising under or incidental to these terms and conditions, our total aggregate liability will be limited to the sum of $100.00. 

If you are using our website, its content or any service supplied by us for purposes other than in relation to a business, we accept that you have rights under the Consumer Guarantees Act 1993. Nothing in these terms and conditions is intended to affect any rights which you may have under such legislation which we are unable by law to exclude or limit in accordance with these terms and conditions. 

You will be liable for all losses if you act fraudulently at any time, either alone or together with any other person, in using our website or any service supplied by us. You are also liable for losses where any act or omission of yours has contributed to causing those losses. 

Privacy 
We may collect and hold information relating to you that you have provided to us or that we may have obtained from another source (such as marketing organisations and credit agencies). You agree that we may use your information for the purposes of carrying out credit checks, dealing with requests, complaints and other customer-related activities, market and product analysis and for providing you with promotional material on our other services and special offers. 

We may collect and store information about your visit to our website to measure the number of visitors to different parts of the site. Although we may publish aggregated information about usage patterns, we will not disclose information about individual machines except as specified in this clause. We may gather more extensive information if we are concerned, for example, about security issues. If we think it is necessary, we may disclose this information to relevant law enforcement authorities. 
All Rights Reserved. Kelleher Real Estate Licensed Agent REA ACT