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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 $595,000 and this has changed 10.39% over the past year and changed -6.26% over 2 years.

The median rent in Addington for houses is $550 per week and the median rental yield is 4.81%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 64 days.The median listing price for units is $477,000 and this has changed 25.86% over the past year. The average unit takes 54 days to sell and the median rent for a unit in Addington is $500 per week, producing a rental yield of 5.45%.

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 $595,000 $589,000 $477,000
Median price change - last quarter -5.18% -0.51% 0.00%
Median price change - 1 year 10.39% 25.86% 25.86%
Median price change - 2 years -6.26% -5.76% -6.19%
  House Townhouses Units
Median weekly rent $550 $530 $500
Median yield % 4.81% 4.68% 5.45%
Median rent change - 1 year 10.00% 3.92% 11.11%
  House Units
Average days on market 64 54

Addington investment property listings

Showing 5 of 43 investment properties found in Addington on realestateinvestar.co.nz

4/7 Ward St, Addington

$649,000

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Owner Overseas, must sell!!

Exceptional location, and just a short stroll from Hagley Park and Addington's array of cafes and bars and within close proximity to our revitalised CBD and ChCh Hospital. This quality Growcott Freer build stands out from the rest! The property features two generous double bedrooms, with two ...

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Townhouse

Canterbury 8024


1/109 Ruskin St, Addington

$599,000

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Comfort and Convenience!

Positioned just minutes from the vibrant City Centre, this generously proportioned two-storey townhouse, constructed with durable plaster over concrete block, is perfect for those seeking a blend of comfort and convenience. With ample space and modern features, this property is ready to become ...

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Townhouse

Canterbury 8024


9/317 Lincoln Rd, Addington

$660,000

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A Garage and An Extra Room!

Sitting at the city end of Lincoln Road in the hub of the cafe culture, hidden away from the street, this gated community is so close to the centre of the city. This two-bedroom townhouse features a couple of outstanding extras! - Internal Access Garage - Generous Study/Multi-Use Room The ...

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House

Canterbury 8024


23 Fairfield Ave, Addington

$609,000

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Contemporary Living in Addington!

Introducing 23 Fairfield Avenue, Addington, Christchurch a stunning new development of ten architecturally designed townhouses, including a distinctive standalone home. These residences offer two to three bedrooms and one to two bathrooms, catering to a variety of lifestyles and needs. Each ...

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Townhouse

Canterbury 8024


8/71 Brougham St, Addington

$585,000

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Urgent Sale - Aussie Sellers Determined to Sell!

With our vendors looking to cash up and reinvest overseas, this presents an exceptional opportunity for investors to secure a low-maintenance property in a desirable Addington location, with rental income already in place. This well-presented, easy-care unit offers three spacious ...

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House

Canterbury 8024


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