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Investment Property New Brighton, Canterbury

Suburb Snapshot

New Brighton is a suburb in the Christchurch Region of Canterbury. New Brighton has a population of 6,230 people and 34.43% of its occupants live in rental accommodation. The median listing price for houses is $599,000 and this has changed 5.27% over the past year and changed -3.40% over 2 years.

The median rent in New Brighton for houses is $590 per week and the median rental yield is 5.12%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 52 days.The median listing price for units is $434,000 and this has changed -11.79% over the past year. The average unit takes 60 days to sell and the median rent for a unit in New Brighton is $480 per week, producing a rental yield of 5.75%.

Supply & Demand in New Brighton, 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 New Brighton, Christchurch

  House Townhouses Units
Median listing price $599,000 $579,000 $434,000
Median price change - last quarter 0.00% 16.03% -9.02%
Median price change - 1 year 5.27% -11.79% -11.79%
Median price change - 2 years -3.40% -6.30% NA
  House Townhouses Units
Median weekly rent $590 $530 $480
Median yield % 5.12% 4.76% 5.75%
Median rent change - 1 year 7.27% 7.07% 6.67%
  House Units
Average days on market 52 60

New Brighton investment property listings

Showing 5 of 65 investment properties found in New Brighton on realestateinvestar.co.nz

3/167 Bower Ave, New Brighton

$549,000

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Last 2 Available.

Link to Download Property Files https://www.propertyfiles.co.nz/property/968010003 Positioned in a sought-after pocket of New Brighton, 3/167 Bower Avenue offers the perfect blend of modern living, low-maintenance convenience, and future potential. Designed with easy ...

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Unit

Canterbury 8083


2/6 Drake St, New Brighton

$449,000

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Beach Vibes, Quirky Charm & Plenty of Potential

What this property may lack in size, it more than makes up for with beachy charm, funky character and plenty of quirky appeal. Perfectly positioned in an elevated location just minutes from the beach, South Brighton Surf Life Saving Club and the ever-popular Dune Café, this is an ...

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House

Canterbury 8061


2/86 Willryan Ave, New Brighton

$599,000

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Standalone Gem with Solar!

Negotiable Over $599,000 OPEN HOME: Sun, 18 Oct 12:15pm - 12:45pm Enjoy comfortable, low-maintenance living in this lovely brick standalone home, perfectly positioned close to shops, QEII, Bower Park, Avonside Girls High and easy access to the beach. Featuring a ...

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House

Canterbury 8083


25/180 Marine Pde, New Brighton

$485,000

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Beachside Lock-and-Leave Living

To download the information on this property copy and paste this link into your browser: https://new.propertyfiles.co.nz/listing/460 Enjoy the best of beachside living at Unit 25/180 Marine Parade. Just a short stroll to the beach, cafés, restaurants, library, spa facilities, golf ...

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Townhouse

Canterbury 8061


6/16 Oram Ave, New Brighton

$529,000

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Walk Barefoot to the Beach!

Affordable opportunity to live in the beating heart of central New Brighton, this is ocean side living at its very best. Embrace the lifestyle of Sun, Surf, Sea & Sand; this is what living is all about. To view documentation in relation to this property, please copy and paste the link ...

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Townhouse

Canterbury 8061


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