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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 $660,000 and this has changed -9.59% over the past year and changed -2.60% over 2 years.

The median rent in Riccarton for houses is $650 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 68 days.The median listing price for units is $519,500 and this has changed -1.80% over the past year. The average unit takes 62 days to sell and the median rent for a unit in Riccarton is $480 per week, producing a rental yield of 4.80%.

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 $660,000 $649,000 $519,500
Median price change - last quarter 0.00% 0.00% -2.02%
Median price change - 1 year -9.59% -1.80% -1.80%
Median price change - 2 years -2.60% 5.04% 17.04%
  House Townhouses Units
Median weekly rent $650 $580 $480
Median yield % 5.12% 4.65% 4.80%
Median rent change - 1 year 14.04% 9.43% 10.34%
  House Units
Average days on market 68 62

Riccarton investment property listings

Showing 5 of 55 investment properties found in Riccarton on realestateinvestar.co.nz

3/25 Matai Street West, Riccarton

$729,000

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Now complete and waiting for you!

The popularity of this location is easy to understand with a short walk to Hagley Park, all the attractions of the Westfield Riccarton and a comfortable stroll to the CBD plus Mona Vale is just over the road. Location underpins all good real estate; so be quick and secure your preferred choice of ...

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Townhouse

Canterbury 8011


2/88 Peverel St, Riccarton

$655,000

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FREESTANDING Modern Home with Carpark!

Welcome to this rare standalone modern home nestled in the heart of Riccarton, offering convenience, style, and comfort. Located within the prestigious Christchurch Boys and Girls High school zone, this property is a dream come true for professionals and small families alike. Key Features: ...

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Townhouse

Canterbury 8041


5/8 Tonga Pl, Riccarton

$619,000

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FIRST HOME BUYERS INSPECT! - Must be Sold!

A sleek and contemporary 2-storey townhouse, built in 2023 with Integra and Axon panel construction, adorned with striking timber accents. This investment opportunity is a gem nestled in a sought-after location, offering close proximity to transportation, shopping hubs, schools, and delightful ...

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Townhouse

Canterbury 8041


62 Centennial Ave, Riccarton

$629,000

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Christchurch Homes, neatly tucked into Riccarton

Introducing 62 Centennial Avenue, Riccarton, Christchurch—a new development offering a range of architecturally designed townhouses that provide comfortable living in a convenient location. The prime location ensures easy access to a range of amenities, including cafes, Canterbury university, ...

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Townhouse

Canterbury 8041


4/12 Rotherham St, Riccarton

$659,000

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Nearing Completion and Selling out

Discover the epitome of modern living at Rotherham Street, where chic design and unbeatable convenience harmonies to create the perfect urban retreat. These exquisitely crafted townhouses are poised to elevate your lifestyle to new heights. Thoughtfully Designed: With a keen eye for detail, these ...

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House

Canterbury 8041


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