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

5/43 Brockworth Pl, Riccarton

$460,000

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Ready to renovate

This 4-bedroom unit sits in the heart of Christchurch but is in need of some love to bring it back to life. It has had the carpet and underly as well as the hot water cylinder replaced in the past 12 months. The property features a very generous private grassed areas which provides ...

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Unit

Canterbury 8011


4/9 Division St, Riccarton

$469,000

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Cosy Unit With Double Glazing!

Negotiable Over $469,000 OPEN HOME: Sat, 4 Apr 1:15pm - 1:45pm This charming back unit in Riccarton is perfectly positioned within walking distance to Riccarton Mall, public transport, and just a short trip to the city. Recently updated throughout, it features two bedrooms, a ...

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Unit

Canterbury 8041


1-3/54 Division St, Riccarton

$799,000

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Purpose-Built Student Rentals

Priced $799,000 3 Brand New Townhouses Available An exceptional opportunity for savvy investors, these brand-new, purpose-built townhouses are now fully completed with tenants already moved in, delivering immediate rental income from day one. Constructed and ...

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Townhouse

Canterbury 8041


8B Burdale St, Riccarton

$695,000

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Space, Comfort & Location Sorted

Positioned for convenience and easy living, this well presented home offers a fantastic opportunity for families, first-home buyers, and investors alike, especially those looking to secure a spot in sought after school zones. The modernised kitchen, featuring a new induction cooktop, ...

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House

Canterbury 8011


2/11 Dilworth St, Riccarton

$544,000

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Charming Townhouse Beckons in Riccarton's Heart

Negotiable Over $544,000 OPEN HOME: Sun, 29 Mar 1:00pm - 1:30pm Situated in the eclectic locale of 2/11 Dilworth Street, Riccarton, this three-bedroom townhouse presents a unique opportunity for those yearning the comforts of urban living. As you step inside this ...

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Townhouse

Canterbury 8011


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