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

14 Tonks St, New Brighton

$399,000

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Prime Opportunity in a Prime Location

PRIVATE SALE Viewing by Appointment PH 022 351 4206 This property has potential in spades. In a prime position situated one street back from the beach off the busy main road. The dwelling is currently a one bedroom original Bach. The front yard is large enough to add onto the ...

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House

Canterbury 8083


1/167 Bower Ave, New Brighton

$625,000

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Secure Today. Benefit Tomorrow.

Positioned in a sought-after pocket of New Brighton, this brand-new development at 167 Bower Avenue is for Unit 1. The development presents four thoughtfully designed, single-level units-perfect for first-home buyers, downsizers, and investors alike. Each unit offers two bedrooms, a ...

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Townhouse

Canterbury 8083


2/167 Bower Ave, New Brighton

$625,000

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Lock In Now. Reap the Future.

Positioned in a sought-after pocket of New Brighton, this brand-new development at 167 Bower Avenue is for Unit 1. The development presents four thoughtfully designed, single-level units-perfect for first-home buyers, downsizers, and investors alike. Each unit offers two bedrooms, a ...

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Unit

Canterbury 8083


97 Baker St, New Brighton

$525,000

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Your opportunity for beach side living awaits

Situated in the heart of New Brighton, this cute recently refurbished home awaits an astute buyer or a couple wanting a home with the potential for an extra flat to be added in due course. With the change in regulations regarding the addition of extra accommodation being added, this is ...

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House

Canterbury 8083


3/71 Estuary Rd, New Brighton

$329,000

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Two Bedrooms, Smart Layout, Easy Living

Link to download Property Files https://www.propertyfiles.co.nz/property/963970004 This tidy two-bedroom home in South New Brighton offers a practical layout with a separate kitchen and lounge, creating comfortable, defined living spaces. A modern bathroom adds to the appeal, ...

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House

Canterbury 8061


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