Belfast/ Northwood, Christchurch, Canterbury
Welcome to Belfast and Northwood, Christchurch, where there are a few subdivisions that are located close to the Northwood Supa Centa. Enjoy the convenience of reputable amenities and stores at your doorstep, including a supermarket, gym, cafes, restaurants, The Warehouse, and Harvey Norman.
Belfast and Northwood provides easy access to popular recreational spots such as Bottlelake Forest, The Groynes, Brighton Beach, and various golf courses. The proximity to Christchurch International Airport and quick drives to The Palms and Northlands shopping malls make life convenient for travellers.
Navigate effortlessly into the city centre via multiple routes accessible from Main North Road. Oaklands and Spring Grove is located near major arterial roads for weekend getaways to Hanmer Springs, Rakaia, the West Coast, or beyond. Northwood offers a harmonious blend of suburban tranquillity and accessibility to amenities and recreational destinations.
Available packages
Lot 224 Spring Grove: $675,000
2 Bedrooms, 1 Bathrooms, Single Garage
Floor Plan 109 sqm
Section 224 sqm
Expected completion: TBC
Lot 38A Johns Park: $772,900
2 Bedrooms, 1 Bathrooms, Single Garage
Floor Plan 114 sqm
Section 238 sqm
Expected completion: Q1 2025
Lot 92 Spring Grove: $699,000
3 Bedrooms, 1 Bathrooms, Single Garage
Floor Plan 119 sqm
Section 252 sqm
Expected completion: Q4 2024
Lot 47A Johns Park: $729,000
3 Bedrooms, 2 Bathrooms, Single Garage
Floor Plan 120 sqm
Section 273 sqm
Expected completion: Q1 2025
Lot 46B Johns Park: $799,000
3 Bedrooms, 2 Bathrooms, Single Garage
Floor Plan 136 sqm
Section 299 sqm
Expected completion: Q1 2025
Lot 96 Spring Grove: $849,000
4 Bedrooms, 2 Bathrooms, Double Garage
Floor Plan 170 sqm
Section 406 sqm
Expected completion: Q1 2025
Lot 78 Spring Grove: $929,000
4 Bedrooms, 2 Bathrooms, 2 Living, Double Garage
Floor Plan 192 sqm
Section 429 sqm
Expected completion: Q1 2025
Investment Overview
The wider Canterbury region is home to Christchurch, New Zealand's second-largest city. It offers a unique set of advantages that make it an excellent choice for investing in property compared to other major cities in New Zealand.
Christchurch has experienced strong economic growth in recent years. In addition, the city has undergone significant rebuilding and rejuvenation following the 2010 and 2011 earthquakes, resulting in a surge in construction and infrastructure development. This growth has created numerous investment opportunities across various sectors, including residential, commercial and industrial properties.
The Christchurch property market has remained affordable relative to other main centres. Property prices in major cities like Auckland and Wellington are out of reach for many investors and first-home buyers; Christchurch offers comparatively affordable price options. For example, as of March 2023, the median house price in Christchurch was $690,000 compared with $1,390,000 in Auckland and $835,000 across New Zealand.
Canterbury's robust rental market is primarily driven by its thriving local economy. As a result, investors looking to purchase a house and land package off of The Property Factory's stock list can expect to achieve rental yields between 4.0% - 5.0% depending on their chosen property's location and price point. Our properties are fully turn-key and will be move-in ready on settlement.
Investment Overview
Strategy: Off the plan Upside: Growth prior to settlement Rent: Unfurnished Deposit: 10% Title: Freehold
Investment Type
Dwelling: House & Land Growth: High Yield: Moderate Pros: High Growth / Standalone Home
Suburb Performance
Median sale price 10 years: +86% Median sale price 20 years: +237% Capital growth 10 years: 6.40% Capital growth 20 years: 6.27%