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Suburb profile · Canterbury · NZ

Rākaia NZ

Rākaia is in Canterbury, New Zealand, with population 1,578.

Limited data

Thin-context

This page still helps with local context, but the evidence stack is too thin for a clean suburb-level call. Use nearby alternatives or compare mode before turning it into a shortlist decision.

$500/wk
1/01/2020 → 1/07/2025 · 14 periods
Tenancy Services · 1/07/2025
$500
$340
1/01/20201/07/2025
What to check

The page is thin enough that nearby alternatives should be checked before shortlisting.

Median rent
$500/wk
Income-stretched rent market
D2 vs NZ
Population
1,578
2K local footprint
D4 vs NZ
Income
$43K/yr
Median personal income
D6 vs NZ
NZDep
No deprivation index
Schools
1
matched school context

Area prices & affordability

Median sale price
$542K
+43.4% over 5yr
0.2%YoY
Lower quartile
$453K
Entry-level price
House Price Index
4,110
QV-based HPI
35.5%5yr
Income to buy
6.5x
Years of median income
Annual sales
719
Transactions, TA

Mortgage serviceability

at the 5.69% 2-year fixed rate
Monthly repayment
$2,514/mo
20% deposit, 30-year P&I
Repayment burden
36%
of gross household income
Stress level
Stretched
<30% comfortable · >45% severe
Years to deposit
8.7 yrs
20% deposit at 15% savings

Monthly repayment by fixed term

Floating · 6.15%
$2,642
1-year fixed · 5.26%
$2,397
2-year fixed · 5.69%
$2,514
3-year fixed · 5.86%
$2,561

A territorial-authority estimate: the Ashburton District median sale price on a 20% deposit and 30-year loan, against the TA median household income implied by HUD's income-to-buy ratio, at RBNZ new-mortgage rates. A market-wide guide, not a Rākaia-specific or borrower-specific figure.

Price trend

1yr +4.7%5yr +32.9%
QV House Price Index (Jan 2007 = 1000)

QV House Price Index for the Ashburton District territorial authority (monthly, Jan 2007 = 1000). A valuation-based index of price movement over time — distinct from the actual median sale price above.

Years of median household income to buy

Figures are for the Ashburton District territorial authority (as at 2026-03). New Zealand has no free suburb-level sale-price series, so these are TA-wide medians from HUD Local Housing Statistics (LINZ District Valuation Roll + Stats NZ) — a market backdrop for Rākaia, not a Rākaia-specific sale price.

Rent trend depth

Rent cycle positionRents at their peak
Low · 2020Peak · 2025

At / near its highest median rent on record

Rent growth (compound)3-yr +6.0%/yr

Rent trend is derived from MBIE tenancy-bond medians and excludes suburbs with too few bonds to be reliable.

Personal income

$43K personal · yr+2.7% vs Canterbury suburb median
Personal income distribution (Census 2023 · annual)
$10,000 or less
156
$10,001-$20,000
144
$20,001-$30,000
195
$30,001-$50,000
240
$50,001-$70,000
258
$70,001-$100,000
210
$100,001 or more
72

Median individual income. NZ has no suburb-level household-income or sale-price data, so this is a personal-income benchmark, not a household-affordability measure. Distribution covers people aged 15+ with stated income; counts are randomly rounded to base 3.

Housing stock and tenure

Home ownership over three censuses+2.5pp since 2013
2013
76% owned
2018
78% owned
2023
78% owned

8.5% of private dwellings were unoccupied on 2023 census night (holiday homes, empty rentals, and vacant stock).

Dwelling condition (occupied dwellings, self-reported)

16% damp (-1pp vs 2018) and 10% with visible mould larger than A4 (-0pp vs 2018).

Investor-specific data (gearing, investor concentration) is not published for NZ suburbs — the tenure trend above is the available investor signal.

Population outlook

36,100 people · 202339,200 by 2033 (+8.6%)

Stats NZ subnational projection (2023 base, medium series) for Ashburton District — the finest official projection grain available; suburb-level projections do not exist.

Crime

Rate · per 100k2,801
Total incidents973· 2026-05
  • Assault11812%
  • Burglary22323%
  • Sexual Assault283%
  • Theft59362%

Natural hazards

Earthquake exposure
Moderate
Proximity to active faults
Nearest active fault
17.5 km
Greendale Fault
Fault slip rate
Low
Higher = more active

Earthquake exposure is the distance from Rākaia's centre to the nearest mapped active fault (GNS Science NZ Active Faults Database) — an area estimate, not a site-specific seismic assessment. NZ's full ground-shaking model (NSHM) is not available as a queryable map layer.

Short-term rentals

1
active listings · ~0.6 per 1,000 residents
100%
entire homes (vs private rooms)
0%
run by multi-listing operators

Active Airbnb listings point-mapped to this suburb from Inside Airbnb (CC BY 4.0). Occupancy and revenue are estimates from Inside Airbnb's San Francisco model (review-rate proxy, minimum-stay assumption, occupancy capped at 70%) — they are gross, indicative, and not a guarantee of returns. Short-stay letting is subject to state and local regulation.

Schools

Total1
Students194
State1
  • Rakaia SchoolFull Primary · State

Livability

38/ 100 livability index

Top 62% most liveable of 1,902New Zealand suburbs.

Peer distributionstronger than 38% of New Zealand districts
WeakerTypicalStronger
Everyday access85
Public transport0
Schools & hospitals32

Bar = this suburb's percentile · tick = typical (median) peer

Suburb-level access-density index (not an address-level walk-time score), normalised within New Zealand suburbs. Method based on the Urban Liveability Index (Higgs et al. 2019) and Walk Score — three equal-weighted domains combined with an imbalance penalty.

Investment grade

Bgrade · 69/100 · top 31% of 65New Zealand districts
Peer distributionstronger than 69% of New Zealand districts
WeakerTypicalStronger
Capital growth92
Rental yield53
Stability25

Bar = this suburb's percentile · tick = typical (median) peer

District-level grade across New Zealand territorial authorities, combining 5-year price growth, rental yield (district median rent vs district median price), and stability (price-to-income level + affordability trajectory) via the same three-pillar method with an imbalance penalty. New Zealand has no free suburb-level prices, so this reflects your area's territorial authority. Within-New-Zealand relative, indicative only — not financial advice.

Stronger alternatives nearby

Cheaper to rent

lower weekly rent · cross-TA

Higher income

personal median · cross-TA

Alternatives are similar-rent suburbs (0.6–1.6x this suburb's median rent) in other territorial authorities that exceed it on the named metric. Indicative — not financial advice.

Building activity

Latest consents
6
6 houses · 0 units
53.8%YoY D7 vs NZ

Employment

Employed residents
861
Was 789 in 2018
9.1%vs 2018 D4 vs NZ

Full data detail

Rākaia Canterbury — Property Data and Demographics

Rākaia is a small community in Canterbury with a population of 1,578 and a median age of 40. Median personal income is $43K per year. The main ethnic groups are European, Māori, Pacific Peoples. Canterbury population estimates moved +1.1% in the year ended June 2025, after moving +2.1% in 2024, which should be read as a broader regional movement backdrop rather than suburb-level migration precision. The resident employment base moved from 789 in 2018 to 861 in 2023 (+9.1%), which should be read as a census-to-census employment backdrop rather than a live jobs series. Te Waihanga's December 2025 Pipeline snapshot tracked over 12,000 NZ infrastructure initiatives, with more than 2,700 under construction and transport taking 52% of projected 2026 pipeline spend, which should be read as a broader national delivery backdrop rather than a suburb-specific project list.

Median weekly rent in Rākaia is $500 (500 houses, 0 units). This represents approximately 61% of median weekly personal income.

Livability indicators for Rākaia: 1 school with avg EQI 465.

In 2026, Rākaia recorded 6 building approvals (6 houses, 0 units), down 53.8% year-on-year.

Market & money
Livability signalsHeuristics
Rent Affordability61% Stretched
School QualityEQI 465· Average
Development-54% Slowing
Rental marketMBIE
Median rent · wk(1/07/2025)$500
House · wk$500
Rent / income61.0%
Lodgements24
DevelopmentStats NZ
Consents (2026)6
Houses6
YoY change-53.8%
People & prosperity
DemographicsCensus 23
Population1,578
Median age40
Household size
HH income · yr
Personal income · yr$42,600
EthnicityCensus 23
European1,350
Māori189
Pacific Peoples102
Asian72
MELAA6
Top industriesCensus 23
Manufacturing171
Agriculture, Forestry and Fishing105
Construction78
Wholesale Trade66
Retail Trade57
Area & amenity
Local amenitiesOSM
Supermarkets2
Pharmacies0
GP / clinics1
Fuel stations2
Cafes & dining2
four square2
Hospitals · Ashburton DistrictMoH
Ashburton HospitalPublic Hospital
Shortlist workspace

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Current status
Add Rākaia if it deserves a shortlist slot.

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EMPTY SET

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Sources & freshness
Strong evidence

Rākaia has enough direct local evidence for a first-pass decision.

NZ suburb pages combine Stats NZ, MBIE, MoE, GTFS, and pinned service coverage. The key difference is that some items are direct feeds, while others are fallback or snapshot layers.

RENT POSTURE
Rent is using MBIE bond data when present.

Treat current rent as a decision input, not as a guaranteed market quote.

HOSPITAL POSTURE
Hospital coverage comes from an official pinned snapshot.

This is a trusted coverage layer, but it is still a pinned snapshot rather than a live facility API.

TRANSPORT POSTURE
Transport is feed-based and depends on GTFS bundle coverage.

It is good for stop presence and local network context, but not a guarantee that every operator or schedule is equally current.

Data status
Weekly rent
MBIE rental bond data · 1/07/2025 · Bond market dataset
stable source · automated · every update · monthly
Available
Schools
MoE school directory · 1 schools matched
stable source · automated · every update · nightly
Available
Hospitals
Pinned Health NZ public hospital snapshot · No linked local hospital coverage
medium stability · mixed acquisition · snapshot · mixed
Missing
Transport
NZ GTFS bundle · No matched local transport stops
medium stability · mixed acquisition · snapshot · mixed
Missing
Building consents
Stats NZ building consents CSV · 2026 · Annual release series
Available
Demographic baseline
Stats NZ Census 2023 · Population, income, and demographic baseline
stable source · manual file · snapshot · census-cycle
Available
Available means a direct local source is linked. Verify means the page is using a weaker fallback or coverage-only snapshot, especially Census rent fallback or pinned hospital coverage.
Sparse locality note

This page stays indexable because Rākaia still carries enough real local context to help with NZ suburb discovery. It should still be read as a lighter locality brief, not as a fully covered suburb profile.

WHY IT LOOKS LIGHTER
The page is useful, but thinner than the strongest NZ suburb profiles.

Use it as a quick locality brief first, especially if you are comparing it against larger or more fully covered suburbs.

WHAT IS MISSING
Coverage is lighter across hospital coverage, transport stops, and deprivation index.

Coverage is thinner on hospital coverage, transport stops, and deprivation index; don't let a single sparse read define the suburb.

BEST NEXT STEP
Use this page to frame the locality, then compare or zoom back out.

Should the area still appeal, test it in compare, the region hub, or a bigger nearby suburb where coverage is denser.

Page status
INDEXED WITH LIGHTER COVERAGE

The page still has enough real suburb context to remain searchable, but some market and service layers are too light for a full-confidence read.

HOW TO READ THIS PAGE

Let this page frame the locality, then check the story against compare, the region hub, or a nearby better-covered suburb before treating it as final.

Stronger nearby reads

If Rākaia feels too thin on its own, use these nearby suburbs as stronger local reads before treating it as a full shortlist call.

Tinwald North most similar
similar rent profile similar suburb scale similar income profile

pop -100 · rent +$65/wk · income +$4K

Similar local read: useful for context, but still compare the actual market signals.

Chertsey most similar
similar rent profile similar suburb scale similar income profile

pop same · rent -$50/wk · income +$11K

Similar local read: useful for context, but still compare the actual market signals.

Allenton South most similar
similar rent profile similar suburb scale similar income profile

pop +600 · rent +$10/wk · income -$1K

Similar local read: useful for context, but still compare the actual market signals.

Rākaia FAQ

Common questions
  1. What is the typical weekly rent in Rākaia?

    The median weekly rent in Rākaia is $500/wk, based on the MBIE market rent dataset. The current rent signal is income-stretched rent market.

  2. What does the rent signal say about Rākaia?

    Income-stretched rent market: Weekly rent screens at about 61% of annual income. Use this as a suburb screening signal before comparing candidates; the matching rent ranking can provide broader market context.

  3. What is the livability profile for Rākaia?

    QuickProperty's livability signals for Rākaia show: Stretched, Average, Slowing. These are based on rent affordability, school EQI, NZDep deprivation index, and transport access.

  4. Where does QuickProperty get its data for Rākaia?

    Housing data comes from the Reserve Bank of New Zealand (RBNZ). Demographics are from Stats NZ Census 2023. Schools data uses the Ministry of Education Equity Index (EQI). The deprivation score uses NZDep2018. Transport data is sourced from GTFS feeds.

  5. How often is the Rākaia data updated?

    RBNZ macro data updates with each deploy. Demographics are from NZ Census 2023. School EQI scores are from the Ministry of Education latest release.