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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 105 investment properties found in Riccarton on realestateinvestar.co.nz

44-55/27 Kilmarnock St, Riccarton

$899,000

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The Junction - 3 Bed 2 Bath Garage and Car Park

Welcome to The Junction, a contemporary community of architecturally designed townhouses located at one of Christchurch's most connected points. Positioned where the city, the park, and the convenience of Riccarton meet, The Junction offers an effortless, modern lifestyle that's naturally ...

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Townhouse

Canterbury 8011


2 Ayr St, Riccarton

$3,395,000

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Future living with no compromises

If you are looking to downsize, simplify, or are just planning for the future, this stunning standalone, freehold residence offers you a unique solution. Confidently built from lightweight concrete in 2023, this magnificent three-storey home has private lift access to all floors, and ...

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House

Canterbury 8011


1-3/54 Division St, Riccarton

$820,000

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Purpose Built Student Rentals

Priced - $820,000 3 Townhouses Available Estimated Completion: January 2026 An exceptional opportunity for savvy investors – these brand-new, purpose-built townhouses are under construction and designed with both longevity and tenant comfort in mind. Each unit features ...

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Townhouse

Canterbury 8041


27 Kilmarnock St, Riccarton

$659,000

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The Junction, Riccarton

Welcome to The Junction, a contemporary community of architecturally designed townhouses located at one of Christchurch's most connected points. Positioned where the city, the park, and the convenience of Riccarton meet, The Junction offers an effortless, modern lifestyle that's naturally ...

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Townhouse

Canterbury 8011


1/160 Clarence St, Riccarton

$449,000

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Invest Where Tenants Line Up

Invest where demand speaks for itself. This well-positioned Riccarton development sits right in the heart of one of Christchurch's strongest rental locations, where tenants love the convenience and investors love the consistency. With Riccarton Mall just steps away, Hagley Park within walking ...

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Townhouse

Canterbury 8011


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