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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

2/265 Riccarton Rd, Riccarton

$1,085,000

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Ilam Mews - premium investment opportunity

Ilam Mews is a landmark purpose-built student accommodation village positioned just 700 metres from the University of Canterbury. Developed by Mainland Capital, the community will comprise 155 unit-titled residences, including studio and one bedroom apartments alongside four, five and six-bedroom ...

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4

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Townhouse

Canterbury 8041


1/265 Riccarton Rd, Riccarton

$475,000

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Invest where the future lives.

Ilam Mews is a landmark purpose-built student accommodation village positioned just 700 metres from the University of Canterbury. Developed by Mainland Capital, the community will comprise 155 unit-titled residences, including studio and one-bedroom apartments alongside four, five and six-bedroom ...

Get more info on this property
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1

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Unit

Canterbury 8041


3/265 Riccarton Rd, Riccarton

$1,300,000

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Designed for students. Built for investors.

Ilam Mews is a landmark purpose-built student accommodation village positioned just 700 metres from the University of Canterbury. Developed by Mainland Capital, the community will comprise 155 unit-titled residences, including studio and one-bedroom apartments alongside four, five and six-bedroom ...

Get more info on this property
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5

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Townhouse

Canterbury 8041


4/265 Riccarton Rd, Riccarton

$1,664,000

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6% Guaranteed Return at Ilam Mews

Ilam Mews is a landmark purpose-built student accommodation village positioned just 700 metres from the University of Canterbury. Developed by Mainland Capital, the community will comprise 155 unit-titled residences, including studio and one-bedroom apartments alongside four, five and six-bedroom ...

Get more info on this property
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6

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3

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2

Townhouse

Canterbury 8041


4/44 Brockworth Pl, Riccarton

$825,000

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Private Haven Space, Style and School Zones

Built in 2018, this standalone townhouse enjoys a sought-after position at the rear of the development, offering a more private setting while keeping you close to everything that makes this location so desirable. Conveniently positioned near Hagley Park, Westfield Riccarton Shopping ...

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3

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Townhouse

Canterbury 8011


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