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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 $622,500 and this has changed -0.80% over the past year and changed 16.42% over 2 years.

The median rent in Addington for houses is $560 per week and the median rental yield is 4.68%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 60 days.The median listing price for units is $419,000 and this has changed -11.60% over the past year. The average unit takes 65 days to sell and the median rent for a unit in Addington is $500 per week, producing a rental yield of 6.21%.

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 $622,500 $599,000 $419,000
Median price change - last quarter 1.71% 0.00% -2.33%
Median price change - 1 year -0.80% -11.60% -11.60%
Median price change - 2 years 16.42% -2.48% 23.92%
  House Townhouses Units
Median weekly rent $560 $540 $500
Median yield % 4.68% 4.69% 6.21%
Median rent change - 1 year 9.80% 3.85% 1.01%
  House Units
Average days on market 60 65

Addington investment property listings

Showing 5 of 69 investment properties found in Addington on realestateinvestar.co.nz

3/20 Whiteleigh Ave, Addington

$579,000

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Central Location - Striking Appeal

To view the information in relation to this property, please copy and paste the link below into your web address bar: https://www.propertyfiles.co.nz/property/L36583985 Architect Andrew Evans has nailed his brief to create townhouses with striking street appeal and optimised internal ...

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Townhouse

Canterbury 8024


11/7 Lindores St, Addington

$649,000

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Must be sold, no plan B!

For further information, please copy and paste the property files link: https://www.propertyfiles.co.nz/property/11.7LindoresSt Step inside and immediately feel at home in the relaxed, light-filled living and dining area. The sleek open-plan kitchen is a standout, showcasing quality ...

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Unit

Canterbury 8024


117-121 Lincoln Rd, Addington

$665,000

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Motivated Developer - Move in before Christmas!

Step into these brand-new, architecturally designed townhouses that deliver the perfect balance of modern flair, smart layout, and low-maintenance living. Sun-filled, stylish, and crafted with high-quality finishes, these homes are built for those who want comfort and convenience at their ...

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House

Canterbury 8024


121D Lincoln Rd, Addington

$680,000

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A Smart City Fringe Investment

Introducing 121D Lincoln Road, a standout opportunity within this sought-after boutique development. This home offers all the benefits of modern design along with the added appeal of being a private and quiet back unit. These brand-new homes are filled with natural light and finished to ...

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House

Canterbury 8024


10/7 Spencer St, Addington

$485,000

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Vendors' Loss Your Gain! 65K Below RV!

To download the information please copy and paste the link below into your browser: https://www.propertyfiles.co.nz/943680003 Superbly positioned in the heart of Addington, this freehold & contemporary home completed in 2022 with low-maintenance lifestyle will surely impress! ...

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Townhouse

Canterbury 8024


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