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Investment Property Papanui, Canterbury

Suburb Snapshot

Papanui is a suburb in the Christchurch Region of Canterbury. Papanui has a population of 6,415 people and 32.60% of its occupants live in rental accommodation. The median listing price for houses is $739,000 and this has changed 0.27% over the past year and changed -0.27% over 2 years.

The median rent in Papanui for houses is $595 per week and the median rental yield is 4.19%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 46 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 59 days to sell and the median rent for a unit in Papanui is $520 per week, producing a rental yield of NA.

Supply & Demand in Papanui, 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 Papanui, Christchurch

  House Townhouses Units
Median listing price $739,000 $621,500 NA
Median price change - last quarter 2.73% -0.32% NA
Median price change - 1 year 0.27% NA NA
Median price change - 2 years -0.27% -2.90% NA
  House Townhouses Units
Median weekly rent $595 $550 $520
Median yield % 4.19% 4.60% NA
Median rent change - 1 year 6.25% 0.00% 14.29%
  House Units
Average days on market 46 59

Papanui investment property listings

Showing 5 of 53 investment properties found in Papanui on realestateinvestar.co.nz

12 & 14/16 Hoani St, Papanui

$2,000,000

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3 properties RSTD Zone

A great opportunity to secure 1,553m2 of highly sort after Residential Suburban Density Transition Zoned land. Close to Northlands Mall, Northlink Shopping Center, Mitre 10, Papanui High School and lots more. A quiet street located opposite the idilic Golden Home retirement village. ...

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House

Canterbury 8053


45 Richards Ave, Papanui

$759,000

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Family Home in a Prime Location

This modernised home located at 45 Richards Avenue, Papanui, offers the perfect blend of comfort and convenience. Situated in the heart of Christchurch City, this property will be ideal for families looking for a peaceful neighbourhood with easy access to local amenities and schools. Boasting a ...

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House

Canterbury 8053


556 Cranford St, Papanui

$579,000

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649sqm of MRZ Opportunity (As Is Where Is)

Positioned on a generous 649sqm site, this property offers a valuable opportunity in a well-connected and rapidly developing part of Christchurch. Currently configured as two separate residences, the dwelling is offered As Is Where Is, allowing buyers to choose whether to repair, redevelop, or ...

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House

Canterbury 8052


1/47 Vagues Rd, Papanui

$699,000

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Cute, Cozy and Private

You will fall in love with this charming and private 3-bedroom bungalow - a perfect blend of comfort, character, and convenience. Tucked away behind a leafy frontage, this delightful home opens into a bright, welcoming open plan area, filled with natural light and classic bungalow charm. The ...

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House

Canterbury 8052


117 Harewood Rd, Papanui

$559,000

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A Smart Start, Move in Before Christmas !

Negotiable Over $559,000 An affordable property that will appeal to those starting out on the property ladder or savvy investors. Plenty of scope to stamp your mark and make improvements yet perfectly livable as is. The open plan kitchen is functional and includes ample ...

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Canterbury 8053


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