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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 79 investment properties found in Addington on realestateinvestar.co.nz

119c Ruskin St, Addington

$735,000

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Triple Treat - Triple Parking

To view documentation in relation to this property, please copy and paste the link into your address bar: https://bit.ly/47nq5kB Positioned in a convenient setting this well-designed, modern townhouse offering an effortless combination of style, comfort and low-maintenance living. ...

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House

Canterbury 8024


2/39 Antigua St, Addington

$629,000

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Last One, Below Valuation, Be Quick!

To download the property files, please copy & paste the following link: https://www.propertyfiles.co.nz/property/RX4753744 Last One — now is the time to act! Positioned in the heart of Addington, 39 Antigua Street is a boutique collection of just 4 architecturally designed ...

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Townhouse

Canterbury 8024


16C Spencer St, Addington

$579,000

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Private, Secure, and Stand-Alone!

Let comfort and convenience be yours with this contemporary townhouse in a quiet rear situation. A 2021 build with sunny open plan kitchen/living opening out to a fully-fenced courtyard and garden, two double bedrooms with built-in-robes, a laundry space, generous storage, and a dedicated car ...

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Townhouse

Canterbury 8024


106 Brougham St, Addington

$539,000

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Your City Start - With Parking Sorted

Discover smart city living in this boutique collection of seven brand-new freehold townhouses with no residents' association fees. Combining modern style, everyday comfort and a convenient city-fringe location, these homes are ideal for first-home buyers, professionals and investors. ...

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House

Canterbury 8024


3/321 Lincoln Rd, Addington

$500,000

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URGENT SALE - PRICED SHARPLY FOR A RESULT

No deadlines, no auctions - we have priced this modern, low-maintenance freehold townhouse sharply for a result. Perfectly positioned on the city fringe, it offers an attractive combination of affordability, rental potential, and easy-care living. With an asking price of $500,000, the current ...

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Townhouse

Canterbury 8024


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