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

2/65 Ruskin St, Addington

$679,000

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Smart Solar. Central Heating. 2 Ensuite. Car Park.

South Sea Homes proudly presents 2/65 Ruskin St, Addington, Christchurch - a new 2 bed, 2 bath, 83sqm townhouse. The location in East Addington is 2km away from Riverside Market/CBD and even closer to Hagley Park, the hospital and the new metro sports centre opening later in the year. ...

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Townhouse

Canterbury 8024


7/65 Ruskin St, Addington

$559,000

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Big and Smart - quality new build apartment

Introducing 7/65 Ruskin St, Addington, Christchurch. This quality new build apartment weighs in at a massive 67sqm, making it the biggest one bed new build currently on trade me. The location is superb, a quiet street on the city-fringe in the sweet spot suburb of Addington, just ...

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Unit

Canterbury 8024


8/7 Lindores St, Addington

$539,000

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Stylish, Sunny & Central - Selling below $70k RV!

Set in the heart of what Stuff.co.nz crowned NZ's "most liveable suburb" in 2021, this stylish two-year-old end-unit townhouse offers smart city living with unbeatable convenience. Over the road from Addington Raceway, Wolfbrook Arena, and the stadium, you're never far from live ...

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Townhouse

Canterbury 8024


2/112A Poulson St, Addington

$489,000

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IMMACULATE PRESENTATION, PREMIUM LOCATION

A supremely presented property that captures the essence of modern living in this desirable city location, without question. A 'must see' for all first home and next home buyers, retirees or investors in the first instance. An abode that has been caringly maintained and delivers a ...

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House

Canterbury 8024


114 Ruskin St, Addington

$699,000

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Do Up or Knock Down? City-fringe Gem

114 Ruskin St, Addington, Christchurch. 3 bed 1 and a half bath plus small sleepout (room only) on 660sqm RMD land plus resource consent for 4 units (3x2bed, 1x1bed + 4 off street car parks) obtained last year. Selling on an as-is-where-is basis, even though the floor levels are ...

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House

Canterbury 8024


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