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

1-4/23 Dickens St, Addington

$699,000

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Sun, Space & Garaging. September Completion!

Set to become a standout addition to Dickens Street, these brand-new homes have been designed with everyday living front of mind. North-facing and filled with natural light, they combine smart layouts, quality finishes, and low-maintenance materials to create homes that are as easy to live in as ...

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Townhouse

Canterbury 8024


119B Ruskin St, Addington

$745,000

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More Than Just Another Townhouse

If you've been searching for a home that offers more space, more comfort and more substance than the norm, this one deserves your attention. One of only two, 119B Ruskin Street offers a premium alternative to the standard city-fringe formula. The ground floor centres around an open-plan ...

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House

Canterbury 8024


2/18 Whiteleigh Ave, Addington

$569,000

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2 Bed, 2 Bath with a Carpark!

To view the Sales Brochure and documentation in relation to this property, please copy and paste the link below into your web address bar: https://www.propertyfiles.co.nz/property/947760003 ** To access our Open Homes you can enter from Walsall Street (off Clarence Street South) or ...

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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


4-8/7 Grove Rd, Addington

$399,000

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Quality Investment by Hagley Park and Chch Hospita

Unit 4-7 | 2 bedroom, 1 bathroom, | Offers over $475,000 Unit 8 | 1 bed Studio | Offers over $399,000 (ideal airbnb) To download the property files, copy & paste the following link: https://www.propertyfiles.co.nz/property/RX5131906 Designed by the acclaimed team at Don ...

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Townhouse

Canterbury 8024


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