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

1-21/14 Whiteleigh Ave, Addington

$415,000

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City-Fringe Living for $415K with a $10K Deposit

14 Whiteleigh Avenue presents a contemporary collection of twenty-one architecturally designed one-bedroom apartments, offering practical, low-maintenance living in the established suburb of Addington. Each apartment features a thoughtfully planned layout with a separate bedroom, ...

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Unit

Canterbury 8024


1/42 Dickens St, Addington

$569,000

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Stand-alone Stand-out With 2 Carparks

Not your typical townhouse, this standalone home offers a welcome sense of separation, paired with contemporary styling and easy-care living. With two tandem off-street car parks, soaring bedroom ceilings and a private paved patio, it's a well-thought-out package for those wanting their own space ...

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Townhouse

Canterbury 8024


24 Parade Ct, Addington

$649,000

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Indulge in Comfortable Living at 24 Parade Court

Negotiable Over $649,000 OPEN HOME: Sun, 25 Oct 12:30pm - 1:00pm Get ready to unravel the comfort of having your own space with our new listing at 24 Parade Court, Addington. This surprisingly spacious, sun-drenched home radiates an inviting atmosphere that's hard to ...

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House

Canterbury 8024


119b Ruskin St, Addington

$725,000

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Boutique Design. 3 Beds, 2.5 Baths, 2 Cars!

Viewings by appointment are welcome. Contact: Thomas Knight 0274 282 284. Privately positioned on a secure rear site, 119B Ruskin Street is a boutique city-fringe freehold home offering quality, comfort and privacy beyond the standard townhouse. Architecturally designed and ...

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Townhouse

Canterbury 8024


9/48 Ward St, Addington

$510,000

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Look Closely...Well Priced!

Our serious seller has owned this two bedroom townhouse since new and is prepared to let it go realistically. This is priced to sell! Situated towards the rear of this well presented block, the unit is quiet and private with a north-west facing sunny courtyard and a leafy outlook from ...

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Townhouse

Canterbury 8024


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