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Investment Property Addington, Canterbury

Suburb Snapshot

Addington is a suburb in the Christchurch Region of Canterbury. Addington has a population of 5,664 people and 58.68% of its occupants live in rental accommodation. The median listing price for houses is $627,500 and this has changed 16.42% over the past year and changed -7.39% over 2 years.

The median rent in Addington for houses is $510 per week and the median rental yield is 4.23%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 70 days.The median listing price for units is $474,000 and this has changed 23.92% over the past year. The average unit takes 58 days to sell and the median rent for a unit in Addington is $495 per week, producing a rental yield of 5.43%.

Supply & Demand in Addington, Christchurch

332,476

Population


33.38%

Rental population


536,953

Population


29.66%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Addington, Christchurch

  House Townhouses Units
Median listing price $627,500 $589,000 $474,000
Median price change - last quarter 4.30% -0.34% 7.97%
Median price change - 1 year 16.42% 23.92% 23.92%
Median price change - 2 years -7.39% -2.89% -10.84%
  House Townhouses Units
Median weekly rent $510 $520 $495
Median yield % 4.23% 4.59% 5.43%
Median rent change - 1 year 3.03% 4.00% 16.47%
  House Units
Average days on market 70 58

Addington investment property listings

Showing 5 of 42 investment properties found in Addington on realestateinvestar.co.nz

120 Burke St, Addington

$999,000

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The Next Chapter

Welcome to The Chapters... At over 170m2, these spacious homes comprise three double bedrooms each with an ensuite. Two large bedrooms upstairs feature extra space for work-from-home capabilities while a downstairs bedroom includes a kitchenette, providing intergenerational living or home and ...

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Townhouse

Canterbury 8024


9/120 Burke St, Addington

$879,000

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Chapter 9 - Room to Move

The Chapters: Boutique townhouses and apartments. 9/120 Burke Street: with the largest outdoor living area, including private decking, garden and lawn, this one-of-a-kind home is discreetly located at the rear of the development. Across 141m2, enjoy three bedrooms each with an ensuite, open plan ...

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Townhouse

Canterbury 8024


120 Burke St, Addington

$499,000

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Your New Chapter

Welcome to The Chapters... A perfect first home or investment, these architecturally designed studios and one-bedroom apartments come with the rare addition of a sunny balcony or garden and a car park in a central location. Priced for eligibility for a First Home Grant, astute investors will also ...

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Unit

Canterbury 8024


10/120 Burke St, Addington

$529,000

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Stand Alone, Stand Out!

10/120 Burke Street is a standalone one-bedroom home. This 55m2 gem boasts a bedroom and bathroom upstairs and an open plan kitchen and living area downstairs, flowing out to a sunny north-facing courtyard. A massive plus is the car park at the rear of the unit and a bike shed at the front. Unit ...

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Townhouse

Canterbury 8024


18C Collins St, Addington

$669,000

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Prime Location – Live or Invest!

Positioned on the edge of the CBD in the vibrant suburb of Addington, this property offers a fantastic opportunity for first-home buyers or investors seeking a prime location. The spacious and light-filled interior, thoughtfully designed to maximize comfort and functionality with everything you ...

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Townhouse

Canterbury 8024


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