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

4/28 Elizabeth St, Riccarton

$469,000

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Top location near Westfield Mall

Great investment opportunity to secure this sunny and spacious two-bedroom unit in a sought-after location in Riccarton. • Two good-sized bedrooms with built-in wardrobes • Tidy kitchen, with plenty of cupboards, open plan to the spacious living and dining area with a heat ...

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Unit

Canterbury 8041


4/9 Ayr St, Riccarton

$939,000

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Score 3 Months Free Property Management

Located in one of Christchurch's most desirable city fringe locations, this three storey townhouse on Ayr Street offers a premium living environment with strong long term rental performance. Positioned beside Hagley Park and close to key education zones and lifestyle destinations, it provides ...

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Townhouse

Canterbury 8011


6/3 Ayr St, Riccarton

$699,000

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FREE 3 Months Property Management - 6/3 Ayr St

Townhouse 22, 6/3 Ayr Street, Riccarton, Christchurch 2 Bedrooms | 2 Bathrooms | 3 Storeys Price: $699,000 (Turnkey – 10% deposit) | Estimated Rent: $570 | 81m² Dwelling | Gross Rental Yield: 4.24% Positioned just metres from Hagley Park and moments from Christchurch's ...

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Townhouse

Canterbury 8011


120 Peverel St, Riccarton

$569,000

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Priced from $569K | Close to UC, Hagley Park & CBD

*Estimated Completion: July 2026* **Welcome to 120 Peverel Street, Riccarton.** Discover a modern collection of six architecturally designed homes that offer the perfect blend of modern convenience and city living — all just moments from the CBD and a range of excellent education ...

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Townhouse

Canterbury 8041


3/89 Mandeville St, Riccarton

$619,000

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Zoned. Garaged. Freehold.

This one's a smart play: investors, young professionals, or anyone seeking a city bolt-hole will immediately recognise the value on offer at 3/89 Mandeville Street. Built new in 2024 and now vacant, this modern freehold home presents a smart opportunity underpinned by functionality, longevity, and ...

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Townhouse

Canterbury 8011


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