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Investment Property Phillipstown, Canterbury

Suburb Snapshot

Phillipstown is a suburb in the Christchurch Region of Canterbury. Phillipstown has a population of 3,802 people and 56.72% of its occupants live in rental accommodation. The median listing price for houses is $466,500 and this has changed 1.63% over the past year and changed -8.02% over 2 years.

The median rent in Phillipstown for houses is $500 per week and the median rental yield is 5.57%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 57 days.The median listing price for units is $379,000 and this has changed -0.92% over the past year. The average unit takes 91 days to sell and the median rent for a unit in Phillipstown is $420 per week, producing a rental yield of 5.76%.

Supply & Demand in Phillipstown, 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 Phillipstown, Christchurch

  House Townhouses Units
Median listing price $466,500 $519,000 $379,000
Median price change - last quarter 0.00% -1.89% 3.06%
Median price change - 1 year 1.63% -0.92% -0.92%
Median price change - 2 years -8.02% -5.67% -13.07%
  House Townhouses Units
Median weekly rent $500 $495 $420
Median yield % 5.57% 4.96% 5.76%
Median rent change - 1 year 2.04% 7.61% 10.53%
  House Units
Average days on market 57 91

Phillipstown investment property listings

Showing 5 of 17 investment properties found in Phillipstown on realestateinvestar.co.nz

1-9/79 Harrow St, Phillipstown

$479,000

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Designer Townhouses Near The CBD

Beautifully designed and situated close to the city, these freehold townhouses offer easy everyday living at its finest. Ideal for first-time buyers, downsizers and investors alike. Owners are very motivated to sell and are looking at all offers. What are you waiting for?! For more information, ...

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Townhouse

Canterbury 8011


5/516 Gloucester St, Phillipstown

$519,000

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New Build! 10% deposit! 5.9% return!

Unit 4 Enquiries over $519,000 Currently rented at $530per week for 12 months, returning a 5.9% on $467,100 (after 10% deposit!) The units offer two double bedrooms and a bathroom complete with a tiled shower. The kitchen features engineered stone benchtops, breakfast bar and ...

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Townhouse

Canterbury 8011


11A-E Inglis St, Phillipstown

$479,000

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Close to Completion with Easy City Access

All first-time buyers, downsizers, and investors are welcomed to take advantage of these superbly located townhouses. Due to the close proximity to a multitude of shops, schools and transport, as well as easy access to the city centre, this property won't sit on the market long! To download the ...

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Townhouse

Canterbury 8011


90C Mathesons Rd, Phillipstown

$550,000

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Move In Ready!

This spacious home, close to the Central City, offers an excellent opportunity for first home buyers or investors. Our owners require this property to be sold so they can move forward with other business commitments. Recently painted inside and out with new carpets throughout, this property ...

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Townhouse

Canterbury 8011


86D Olliviers Rd, Phillipstown

$495,000

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Last One Left! Brand New 2 Bed under 500k

The developer demands action and has priced to sell at unbeatable value. With titles issued, you can move in without delay. Freshly completed, this development of five architecturally designed units is looking stunning. Location underpins all good real estate; so be quick and secure this stylish ...

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Townhouse

Canterbury 8011


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