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

4/6 Riccarton Rd, Riccarton

$619,000

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Fully Furnished Freehold in Top School Zone!

Our instructions are clear, get it sold! This sun soaked 2020 build offers modern elegance and practicality. Located a short walk from schools, shops, restaurants, cafes, gym, and the bus stop, this property boasts convenience at your doorstep. Showcasing two double bedrooms and a ...

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House

Canterbury 8041


4 Rotherham St, Riccarton

$539,000

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TICKS THE BOXES - LOCATION, LIFESTYLE & VALUE

Unit 5/4 - Enquiries over $539,000 Unit 1/4 - Enquiries over$559,000 Unit 2/4 - Enquiries over$559,000 Unit 3/4 - Enquiries over $650,000 (3 bed 2 bath) Visit us at our show home at 2/4 Rotherham Street 5.5% current rental return on occupied homes. ...

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Townhouse

Canterbury 8041


4/27 Bartlett St, Riccarton

$629,000

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Prime City-Fringe Location

Well-presented and superbly located, this stylish Riccarton townhouse represents exceptional value for those seeking an easy-care home or a solid investment. Having been owned since new as an investment property, the owners now wish to liquidate their portfolio. With a fixed tenancy in place until ...

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Townhouse

Canterbury 8011


2H/193 Riccarton Rd, Riccarton

$480,000

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Solid Post-Quake Construction Meets Modern Style

Thoughtfully crafted by the acclaimed designers at Stufkens & Chambers, this stylish apartment showcases a robust, post-earthquake concrete construction—offering peace of mind with strength that's built to last. Stepping onto your private balcony, you're greeted by tranquil views of the Port ...

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Unit

Canterbury 8041


36 Wainui St, Riccarton

$730,000

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Prime location - high yielding investment

Positioned in the heart of Riccarton, this five-bedroom, two-bathroom residence presents an outstanding investment opportunity or University home. Held as a long-term investment by the current owners, this has to be one of the best maintained student properties we have sold in years. This property ...

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House

Canterbury 8041


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