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Investment Property Redwood, Canterbury

Suburb Snapshot

Redwood is a suburb in the Christchurch Region of Canterbury. Redwood has a population of 8,584 people and 26.05% of its occupants live in rental accommodation. The median listing price for houses is $684,000 and this has changed -0.44% over the past year and changed 11.26% over 2 years.

The median rent in Redwood for houses is $580 per week and the median rental yield is 4.41%. 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 $479,000 and this has changed -1.03% over the past year. The average unit takes 71 days to sell and the median rent for a unit in Redwood is $495 per week, producing a rental yield of 5.37%.

Supply & Demand in Redwood, 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 Redwood, Christchurch

  House Townhouses Units
Median listing price $684,000 NA $479,000
Median price change - last quarter -1.01% NA 0.84%
Median price change - 1 year -0.44% -1.03% -1.03%
Median price change - 2 years 11.26% NA NA
  House Townhouses Units
Median weekly rent $580 $470 $495
Median yield % 4.41% NA 5.37%
Median rent change - 1 year 5.45% 1.08% 10.00%
  House Units
Average days on market 57 71

Redwood investment property listings

Showing 5 of 39 investment properties found in Redwood on realestateinvestar.co.nz

7 Hannah Pl, Redwood

$720,000

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Put your Welcome Mat at My Front Door

Sellers have purchased sold sign wanted. Tucked away for privacy is this real gem of a property, my vendors have thoroughly enjoyed living here but now with the family grown it is time to move on. Situated in the heart of the highly sought after suburb of Redwood this two storey five bedroom home ...

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Canterbury 8051


107 Lowry Ave, Redwood

$779,000

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Updated bungalow with double glazing

-Beautifully updated 1970s bungalow -Double-glazed windows throughout -Modern open-plan kitchen, dining and separated lounge flowing to sundrenched terrace -Fully fenced backyard with attractive landscaping. Explore the charm of this well-maintained and intelligently ...

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House

Canterbury 8051


32 Rossiter Ave, Redwood

$679,000

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Find Charm and Comfort in Your Ideal Home

Discover the perfect blend of character and charm in this exquisite 3-bedroom home nestled in the heart of Redwood. If you've been seeking a harmonious fusion of old-world allure and contemporary comfort, your search ends here. Public download link: https://www.harcourts.co.nz/MVE7670#documents ...

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House

Canterbury 8051


141 Langdons Rd, REDWOOD

$499,000

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Renovators Dream with Potential

Negotiable Over $499,000 OPEN HOME: Sat, 4 May 10:30am - 11:00am Located at 141 Langdons Road, Northcote this 3-bedroom house offers a fantastic opportunity for those looking to renovate and create their dream home. Situated in a sought-after area, this property boasts great potential and is ready ...

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CANTERBURY 8052


86 Dunbarton St, Redwood

$684,000

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Early possession available.

Price reduced to $684,000. After 27 happy years and raising a family our Vendors have moved on to a new build. This much loved property must now be sold. A large updated kitchen and bathroom, a new fit out of all kitchen appliances, a new shower, vanity, hot water cylinder and 2 WC's. Updated ...

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Canterbury 8051


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