Christchurch City Council rules out rates discount for inner-city new home buyers
A rates discount for new home buyers in central Christchurch is off the table after being rejected as an incentive to lift inner-city population.
The Christchurch City Council has also ditched the idea of providing a shared-equity scheme for the central city over concerns it will be duplicated by similar programmes run by the Government.
The decisions come after a new long-awaited report into the supply and demand of central city homes found the council has little influence over construction and land costs, which have the biggest impact on the cost of housing. The report was due in July last year.
The council wants 20,000 people living within the four avenues by 2028. The latest estimates from Stats NZ has the population at 7170, up 8.3 per cent on the previous year.
About 230 homes have already been completed in the central city this year, another 41 are being built and 127 are consented but work has yet to start. By the end of the year, more homes will have been built in 2020 than in any other year for the past decade.
But the council still faces an uphill battle to reach its population target, with another 4500 homes needed over the next eight years.
The report found inner-city residential developers are hampered by land supply and quality issues, uncertain demand, strong competition from the suburbs and finance conditions.
“Buyers are value conscious and the central city does not currently offer value compared to the same-priced alternatives,” the report said.
Potential buyers believed they could get better value for money in the fringe suburbs close to the four avenues.
Poll: Are Kiwis allergic to “exuberance”? 🥝
In The Post’s opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, we’re “allergic to exuberance.”
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps it’s worth asking whether a little more confidence (and enthusiasm!) could do us some good.
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42.4% Yes
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31.6% Maybe?
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26% No
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Appeal for information following burglaries: Christchurch
Police investigating a stolen trailer and motorcycles in the Christchurch area are seeking help from the public.
On Monday 15 December, Police received a report that the trailer [pictured] had been stolen sometime overnight on Sunday 14 December, from an address on Kairua Road in Hornby.
The trailer - registration U110C - was then used in a burglary of four motorcycles from an address on Almond Lane, Prebbleton on Monday 15 December.
Police have since located the trailer and are now needing the public’s assistance to try find where the trailer has been or who may have been driving the vehicle towing it.
If you have any information regarding the thefts or the trailers movements from Sunday 14 December, around 4pm, onwards please contact Police.
Information can be provided through 105, either online or over the phone, please use reference number: 251215/1054.
Alternatively, you can make a report anonymously though Crime Stoppers on 0800 555 111, using the same reference number.
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