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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 51 investment properties found in New Brighton on realestateinvestar.co.nz

6/188 Union St, New Brighton

$375,000

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Beachside & Move-In Ready!

Less than 400m—just two blocks—from the beach, this beautifully refurbished and immaculately presented unit could easily be someone's dream coastal retreat. Perfectly sized for one or two (plus a furry companion if you have one) and with all the hard work already done, your weekends can shift ...

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Canterbury 8061


118 Lonsdale St, New Brighton

$629,000

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Premium HOMES, Minutes to the Beach

Introducing 118 Lonsdale Street — where contemporary coastal living meets award-winning architectural design. Property Files: https://www.propertyfiles.co.nz/118LonsdaleStreet Pricing: - UNIT 1 | 3 Bed, 2 Bath, 1 Garage | Offers over $669,000 - UNITS 2-4 | 3 ...

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Townhouse

Canterbury 8083


1/188 Union St, New Brighton

$369,000

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Accessible, Affordable

This very tidy wheelchair accessible unit has been given a spruce up with new carpets and paintwork. Everything here has been completed with accessibility in mind from the barrier-free, level access shower, to the open kitchen joinery and lower hob in the kitchen. A full ramp leads into the ...

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Unit

Canterbury 8061


2/118 Oram Ave, New Brighton

$529,000

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North Facing Modern Living

OFFERS OVER $529,000 Property Files: https://www.propertyfiles.co.nz/2118OramAvenue Opportunities like this don't come along often — a modern, freehold duplex with not one but TWO off-street parks, priced to sell and ready for new owners. With the current owner eager to ...

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House

Canterbury 8061


58 Collingwood St, New Brighton

$649,000

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Lovingly Held Now Available by Estate Instruction

Perfectly positioned just a few blocks from the beach, this post-earthquake home embraces the best of coastal living. Enjoy morning strolls along the shore, coffee at nearby cafés, and a relaxing soak at the ever-popular He Puna Taimoana Hot Pools, which are all within easy reach. With local shops ...

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House

Canterbury 8061


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