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

1-6/16 Oram Ave, New Brighton

$529,000

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Walk Barefoot to the Beach!

Right in the beating heart of central New Brighton this is ocean side living at its very best. Partial views of the sea and stroll to the beach and the Pier will feel like part of your back yard. Embrace the lifestyle of Sun, Surf, Sea & Sand this is what living is all about. Brand new, ...

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Townhouse

Canterbury 8061


3 Sunshine La, New Brighton

$599,000

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The BEACH within REACH

Christchurch just picked up its first Michelin stars. While they don't rate property developments (yet), if they did, Seaview Villas would deserve serious consideration. New Brighton is having its own moment in the spotlight, growing at twice the rate of the rest of the city. Just 450 metres ...

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Townhouse

Canterbury 8083


1 Sunshine La, New Brighton

$699,000

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Designer Coastal Living

Christchurch just picked up its first Michelin stars. While they don't rate property developments (yet), if they did, Seaview Villas would deserve serious consideration. New Brighton is having its own moment in the spotlight, growing at twice the rate of the rest of the city. Just 450 metres from ...

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Townhouse

Canterbury 8083


140 Palmers Rd, New Brighton

$679,000

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This one will make your broker smile :-)

* Post-quake build * Priced well below RV * 3 bedrooms and 2 bathrooms in separate wings * Generous 680sqm site * Double garage The out-of-town owner has given clear instructions to sell and has priced the property accordingly! Step into modern comfort ...

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House

Canterbury 8083


4/167 Bower Ave, New Brighton

$599,000

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Move In. Single Level. Brand New.

Link to Download Property Files https://www.propertyfiles.co.nz/property/968010003 Positioned in a sought-after pocket of New Brighton, 4/167 Bower Avenue offers the perfect blend of modern living, low-maintenance convenience, and future potential. Designed with easy ...

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Townhouse

Canterbury 8083


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