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Investment Property Riccarton, Canterbury

Suburb Snapshot

Riccarton is a suburb in the Christchurch Region of Canterbury. Riccarton has a population of 9,122 people and 59.75% of its occupants live in rental accommodation. The median listing price for houses is $649,000 and this has changed -1.59% over the past year and changed -7.11% over 2 years.

The median rent in Riccarton for houses is $660 per week and the median rental yield is 5.29%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $480,000 and this has changed -13.44% over the past year. The average unit takes 67 days to sell and the median rent for a unit in Riccarton is $510 per week, producing a rental yield of 5.53%.

Supply & Demand in Riccarton, 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 Riccarton, Christchurch

  House Townhouses Units
Median listing price $649,000 $630,000 $480,000
Median price change - last quarter 4.68% -1.24% -1.03%
Median price change - 1 year -1.59% -13.44% -13.44%
Median price change - 2 years -7.11% -6.44% 4.82%
  House Townhouses Units
Median weekly rent $660 $595 $510
Median yield % 5.29% 4.91% 5.53%
Median rent change - 1 year 1.54% 2.59% 6.25%
  House Units
Average days on market 68 67

Riccarton investment property listings

Showing 5 of 123 investment properties found in Riccarton on realestateinvestar.co.nz

28 Mayfair St, Riccarton

$875,000

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Easy lifestyle on the city's edge

• Hagley Park at your doorstep, strolling distance to Christchurch Hospital and the vibrant CBD • Ideal for families, professionals or a lock-up-and-leave lifestyle • CGHS, CBHS, Heaton Intermediate and Wharenui Primary school zones • The premium "Canopy" development underway next ...

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3

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House

Canterbury 8011


2 Tika St, Riccarton

$1,068,000

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1,200/Week Rental Income from Day One

Purpose-built for high-yield investment, this contemporary single-level brick home combines an exceptional layout with immediate rental income. Offering six generous double bedrooms, each complete with a built-in wardrobe and private ensuite, this is a rare opportunity to secure a modern, ...

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6

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House

Canterbury 8041


1/193 Riccarton Rd, Riccarton

$489,000

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Apartment, close to University and the Mall!

Here's a fantastic opportunity to secure a modern two-bedroom apartment in one of Riccarton's most convenient locations - just a short walk from Canterbury University, Westfield Mall and local cafés. Inside, the layout is well planned and easy to live with, it has just been freshly ...

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2

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Unit

Canterbury 8041


4/41 Lyndon St, Riccarton

$505,000

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Westfield at Your Doorstep | Must Be Sold

Download Property Info Pack below: https://www.propertyfiles.co.nz/property/4-41LyndonStreet Just a stone's throw away from Westfield Riccarton, this beautifully renovated home offers the perfect combination of convenience, privacy, and top school zoning. The owners are highly ...

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Unit

Canterbury 8041


5/9 Ayr St, Riccarton

$939,000

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Completed-Turn Key-Garage-Near Hagley Park

* Ready To Move In * Turn Key * Single Car Garage with Garage Carpet * 10 Year Master Build Guarantee * Complies with Healthy Homes Standard * Smeg Appliances * Study Nook * Window Coverings Included This three storey home has an internal access single ...

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Townhouse

Canterbury 8011


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