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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

35B Wrights Rd, Addington

$649,000

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3 Beds. 2 Baths. One Seriously Good Kitchen.

Deadline Sale: All offers presented on 15th September at 4pm. If you've been looking at townhouses but want something with a little more space and substance, 35B Wrights Road deserves your attention. At approximately 117m², this brand-new home delivers three genuine bedrooms, ...

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Townhouse

Canterbury 8024


35C Wrights Rd, Addington

$489,000

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2 Beds & 2 Ensuite's - Just $489,000!

Deadline Sale: All offers presented on 15th September at 4pm. (Unless sold prior) If value is at the top of your list, this sharply priced brand-new townhouse deserves your attention. At just $489,000, you'll secure two excellent-sized bedrooms, each with its own ensuite, an ...

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Townhouse

Canterbury 8024


35D Wrights Rd, Addington

$499,000

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Space, Sun and a Car Park $499,000!!

Deadline Sale: All offers presented on 15th September at 4pm. (Unless sold prior) Finding a quality modern townhouse under $500,000 is one thing; finding one with generous living space, great sun, and its own off-street car park is another. Priced at $499,000, this ...

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Townhouse

Canterbury 8024


35E Wrights Rd, Addington

$639,000

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Spacious & Sharp - $639,000

Deadline Sale: All offers presented on 15th September at 4pm. (Unless sold prior) If you've been searching for genuine space without the premium price tag, stop scrolling, this is the one you need to see. Fully stand-alone and spanning an impressive 103sqm, this beautifully ...

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Townhouse

Canterbury 8024


2/18 Whiteleigh Ave, Addington

$559,000

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Fantastic Value 2 Bed 2 Bath, Last One Left!

Just one unit remains in this popular, high quality development, offering unbeatable value for money and ready to move in today with an included blinds/curtains package and washer/dryer. To view the Sales Brochure and documentation in relation to this property, please copy and paste ...

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Townhouse

Canterbury 8024


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