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

2/15 Feilding St, Addington

$559,000

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Brand New & Supremely Located - Last One Left!

Striking street appeal and optimised internal spaces was the brief of Architect Andrew Evans and he has absolutely nailed it. With construction complete we are excited to present 2/15 Feilding Street to the market. To view documentation in relation to this property, please copy and ...

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Townhouse

Canterbury 8024


1-4/23 Dickens St, Addington

$699,000

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Sun, Space & Garaging. September Completion!

Set to become a standout addition to Dickens Street, these brand-new homes have been designed with everyday living front of mind. North-facing and filled with natural light, they combine smart layouts, quality finishes, and low-maintenance materials to create homes that are as easy to live in as ...

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Townhouse

Canterbury 8024


119B Ruskin St, Addington

$745,000

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More Than Just Another Townhouse

If you've been searching for a home that offers more space, more comfort and more substance than the norm, this one deserves your attention. One of only two, 119B Ruskin Street offers a premium alternative to the standard city-fringe formula. The ground floor centres around an open-plan ...

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House

Canterbury 8024


2/18 Whiteleigh Ave, Addington

$569,000

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2 Bed, 2 Bath with a Carpark!

To view the Sales Brochure and documentation in relation to this property, please copy and paste the link below into your web address bar: https://www.propertyfiles.co.nz/property/947760003 ** To access our Open Homes you can enter from Walsall Street (off Clarence Street South) or ...

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Townhouse

Canterbury 8024


3/321 Lincoln Rd, Addington

$525,000

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Priced to sell, the best buy in city fringe!

Modern, low-maintenance, and perfectly positioned on the city fringe, this freehold townhouse offers an outstanding opportunity for first-home buyers, investors, and professionals alike. Featuring two generous bedrooms, open-plan living, a stylish kitchen, private courtyard, double glazing, ...

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Townhouse

Canterbury 8024


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