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

4/9 Grove Rd, Addington

$565,000

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Stylish Townhouse Oasis at Addington

Negotiable Over $565,000 Your first home awaits at 4/9 Grove Road, Addington. This two-bedroom townhouse is an exceptional proposition for first-home buyers and investors alike looking for a tenanted flat. Filled with modern conveniences and charming features, it's more than ...

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Townhouse

Canterbury 8024


1/14 Crohane Pl, Addington

$585,000

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Contemporary Comfort on Crohane

Modern, low-maintenance and remarkably quiet for such a well-connected location, this 2023-built townhouse offers an easy way to enjoy life on the city fringe. The ground floor is bright and thoughtfully arranged, with a crisp white kitchen offering generous cabinetry and excellent ...

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Townhouse

Canterbury 8024


48 Whiteleigh Ave, Addington

$399,000

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Your Lock & Leave lifestyle Awaits in Addington

Nestled on Whiteleigh Avenue in vibrant Addington, 48 Whiteleigh Ave presents an exceptional opportunity to own a brand new modern, high-spec home in one of Christchurch's most sought-after locations. Designed by MOAA for Tao Homes, this development offers a selection of 42 beautifully crafted ...

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Unit

Canterbury 8024


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


1/76 Ruskin St, Addington

$469,000

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41 Years of Memories - Now It's Your Turn

Negotiable Over $469,000 OPEN HOME: Sat, 22 Aug 11:00am - 11:30am Some homes simply become part of the family. After more than 41 years in the same ownership, this much-loved property is being offered to the market for the very first time — a wonderful reflection of just how ...

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Unit

Canterbury 8024


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