Pegasus

NZDep 1
Pop 3,915Median age 42Waimakariri District

Pegasus is a small suburb in Canterbury with a population of 3,915 and a median age of 42. Median personal income is $49K per year. The main ethnic groups are European, Māori, Asian.

Median weekly rent in Pegasus is $550 (550 houses, 0 units). This represents approximately 59% of median weekly personal income.

Livability indicators for Pegasus: NZDep decile 1 (low deprivation (affluent)); 1 school with avg EQI 422.

In 2026, Pegasus recorded 2 building approvals (2 houses, 0 units), down 84.6% year-on-year.

INVESTMENT SIGNALS
Rent Affordability59% Stretched
School QualityEQI 422 Average
DeprivationDecile 1 Low
Development-85% Slowing
RENTAL MARKET
Median Rent /wk$550
House Rent /wk$550
Rent-to-Income58.6%
Lodgements12
1/10/2025
DEMOGRAPHICS
Population3,915
Median Age42
Household Size
Personal Income$49K/yr
Household Income
ETHNICITY
European84.0%
Māori7.9%
Asian5.3%
Pacific Peoples1.6%
MELAA1.3%
TOP INDUSTRIES
Construction264
Health Care and Social Assistance237
Professional, Scientific and Technical219
SCHOOLS (1)
Avg EQI422
Total Students402
State1
Pegasus Bay SchoolFull Primary · State · EQI 422 · 402 students
LIVABILITY (NZDep 2023)
Deprivation Decile1/10
NZDep Score907
Low deprivation — among the least deprived areas in NZ.
DEVELOPMENT
Approvals (2026)2
  Houses2
YoY Change-84.6%
Data: Stats NZ Census 2023 · MBIE · MoE · NZDep2023