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

5/474 Barrington St, Addington

$430,000

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5/474 Barrington Street

Introducing 474 Barrington Street, a brand new development by Luxe Projects. Located in the vibrant suburb of Addington, just 2.5 km from the city centre, this collection of stylish homes offers a rare blend of contemporary design, convenience, and community charm. Choose the layout ...

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Townhouse

Canterbury 8024


6/474 Barrington St, Addington

$525,000

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6/474 Barrington Street

Introducing 474 Barrington Street, a brand new development by Luxe Projects. Located in the vibrant suburb of Addington, just 2.5 km from the city centre, this collection of stylish homes offers a rare blend of contemporary design, convenience, and community charm. Choose the layout ...

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2

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Townhouse

Canterbury 8024


2/31 Poulson St, Addington

$639,000

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Five-Bedroom Flexibility - Investment Opportunity

Positioned in the heart of Addington, this multi-level property presents an outstanding opportunity for investors seeking strong rental appeal in a well-connected city-fringe location. With five bedrooms, five bathrooms, two off-street carparks, and a low-maintenance 135m² floor area, the layout ...

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Unit

Canterbury 8024


1-4/39 Antigua St, Addington

$639,000

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Craft and Convenience Minutes From Hagley Park

To download the property files, please copy & paste the following link: https://www.propertyfiles.co.nz/property/RX4753744 Positioned in the heart of Addington, 39 Antigua Street presents 4 architecturally designed townhouses that redefine modern comfort. Built by local, reliable and ...

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Townhouse

Canterbury 8024


3/18 Whiteleigh Ave, Addington

$579,000

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Sunny Corner Unit - Be Quick

This popular development is selling down quickly so get in quick to secure your preferred unit. Location underpins all good real estate and this location can't be beaten. Recognised as the National Sweet Spot - New Zealand's best suburb to live (2021), the popularity of this location is ...

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Townhouse

Canterbury 8024


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