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

8/7 Grove Rd, Addington

$479,000

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Perfect for Airbnb or City Living

Designed by award-winning Don Donnithorne Architects, this brand-new studio offers a stylish and smartly designed living space in an exclusive development of just eight freehold residences. Combining modern design with low-maintenance living, this single-storey one-bedroom studio is an ideal ...

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House

Canterbury 8024


4/7 Grove Rd, Addington

$549,000

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Brand New 2 Bedroom Townhouse

Designed by award-winning Don Donnithorne Architects, this beautifully finished two-bedroom townhouse offers the perfect blend of modern design, smart functionality, and effortless living. Positioned within an exclusive boutique development of just eight residences, this home stands out ...

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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 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 apartments, ...

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Unit

Canterbury 8024


35A Ruskin St, Addington

$625,000

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Very easy and very smart

To download the information pack for this property, please copy the link below into your web browser: http://www.propertyfiles.co.nz/5530107 This generous 120sqm three-bedroom, freehold townhouse presents as a quality and easy option from which to enjoy the city and all it has to offer. ...

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House

Canterbury 8024


8 Torrens Rd, Addington

$579,000

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MRZ Development Opportunity

893m² of MRZ-zoned land (including an approx 6m-wide driveway). Set back from the road, the site is home to an old Scout Hall - rough around the edges, but bursting with potential. Think ultimate man cave, workshop, storage unit, creative space… or you clear the site and execute your ...

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House

Canterbury 8024


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