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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 $625,000 and this has changed -0.79% over the past year and changed 17.76% over 2 years.

The median rent in Addington for houses is $560 per week and the median rental yield is 4.66%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 62 days.The median listing price for units is $419,000 and this has changed -12.53% over the past year. The average unit takes 78 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 $625,000 $599,000 $419,000
Median price change - last quarter 1.71% 0.00% -2.33%
Median price change - 1 year -0.79% -12.53% -12.53%
Median price change - 2 years 17.76% -5.31% 26.05%
  House Townhouses Units
Median weekly rent $560 $540 $500
Median yield % 4.66% 4.69% 6.21%
Median rent change - 1 year 12.00% 3.85% 2.04%
  House Units
Average days on market 62 78

Addington investment property listings

Showing 5 of 50 investment properties found in Addington on realestateinvestar.co.nz

4/65 Ruskin St, Addington

$799,000

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Rare - Central Heating, Shared Solar & No Stairs!

Introducing 4/65 Ruskin St, Addington. This new 3 bed, 2 bathroom apartment, located on a quiet street in Addington, voted 'NZ's sweetest suburb' is all on the ground floor, so unlike most other new-builds there are no stairs, making it perfect for downsizers or families. This low ...

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Unit

Canterbury 8024


52 Whiteleigh Ave, Addington

$624,000

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Heritage inspired in Addington - 6% Rental offer!

**6% Rental Offer available now** When you buy a Wolfbrook home in Christchurch as an investment property, you can take advantage of our 6% Rental Return Guarantee! This means that if we're managing your property, and your rental return doesn't meet a 6% return, we'll top up the difference! ...

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Townhouse

Canterbury 8024


16 Wrights Rd, Addington

$729,000

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Convenient Location!

OPEN HOME CANCELLED - UNDER OFFER. Are you looking for a modern, low-maintenance home with three double bedrooms and study, that could be used as a fourth single bedroom and a double garage with plenty of off-street parking, all while being close to excellent amenities? This property could be ...

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House

Canterbury 8024


2/102 Ruskin St, Addington

$549,000

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Modern Living in the Heart of Addington!

Welcome to Ruskin Quarter - an architecturally designed community of contemporary townhouses offering stylish, low-maintenance living in a prime Addington location. This brand-new two-bedroom home is beautifully presented, full of natural light, and ready for you to move in and make it your ...

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House

Canterbury 8024


7 Parade Ct, Addington

$639,000

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Reserve Boundary in Boutique Location

You will be pleasantly surprised and fall in love with this stunning offering. Such a great surprise when you arrive and appreciate the beautiful setting that awaits you here at 7 Parade Court. The house and private courtyard look straight out onto the local reserve with stunning grassed picnic ...

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House

Canterbury 8024


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