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Investment Property Redwood, Canterbury

Suburb Snapshot

Redwood is a suburb in the Christchurch Region of Canterbury. Redwood has a population of 8,584 people and 26.05% of its occupants live in rental accommodation. The median listing price for houses is $699,000 and this has changed 2.04% over the past year and changed 5.55% over 2 years.

The median rent in Redwood for houses is $580 per week and the median rental yield is 4.31%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 45 days to sell and the median rent for a unit in Redwood is $525 per week, producing a rental yield of NA.

Supply & Demand in Redwood, 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 Redwood, Christchurch

  House Townhouses Units
Median listing price $699,000 $619,000 NA
Median price change - last quarter 1.75% 6.27% NA
Median price change - 1 year 2.04% NA NA
Median price change - 2 years 5.55% NA NA
  House Townhouses Units
Median weekly rent $580 $550 $525
Median yield % 4.31% 4.62% NA
Median rent change - 1 year 5.45% NA 14.13%
  House Units
Average days on market 50 45

Redwood investment property listings

Showing 5 of 32 investment properties found in Redwood on realestateinvestar.co.nz

1/22 Leander St, REDWOOD

$579,000

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Leander is a banker

Permanent material 120 sqm (approx) home in a nice quiet cul-de-sac that's oh so close to the action. Very good condition, this one is a north facing sun trap too. Fully fenced, large back yard and a short walk to shops, cafes, schools and public transport. Three bedrooms New double glazing Brand ...

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House

CANTERBURY 8052


2/11 Tuckers Rd, Redwood

$449,000

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The Size Will Surprise!

Negotiable Over $449,000 OPEN HOME: Sun, 29 Sep 11:00am - 11:30am Calling all first home buyers, investors and downsizers. The tastefully modernised, two bedroom, permanent material home, presents a great opportunity for those seeking a quality property in such a convenient ...

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Townhouse

Canterbury 8051


1/125 Prestons Rd, Redwood

$539,000

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Pristine Living on Prestons!

This charming townhouse is one not to be missed for first home buyers, investors, or downsizers! This 110sqm (more or less) property features an open plan kitchen and dining with a spacious separate lounge. Three bedrooms offer enough space for sleepovers or allow for a working from ...

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House

Canterbury 8051


27 Coolspring Way, Redwood

$779,000

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UNDER OFFER * 7th Sale in the Street

Negotiable Over $779,000 Nestled on a private rear section in sought-after Redwood Springs, this wonderful property offers peace, privacy, and an unbeatable affordable opportunity to purchase in this location. The exclusive driveway adds to the sense of seclusion, while the timeless ...

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House

Canterbury 8051


32 Vagues Rd, REDWOOD

$619,000

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Owner wants a SOLD Sticker !

This warm and welcoming easy care home is perfectly situated with stunning views over the park, a stylish interior, and a lovely blend of modern aesthetics. With spacious living and a sun-soaked north-facing deck, it's an affordable gem that ticks all the boxes for easy care family living. ...

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CANTERBURY 8052


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