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

1/193E Riccarton Rd, Riccarton

$510,000

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Two Bedrooms, Park Outlook, Prime Convenience

Here's a fantastic opportunity to secure a modern two-bedroom apartment in one of Riccarton's most convenient locations - just a short walk from Canterbury University, Westfield Mall and local cafés. Inside, the layout is well planned and easy to live with. The open-plan living and ...

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Unit

Canterbury 8041


3/129 Clarence St, Riccarton

$589,000

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Delightfully different townhouse!

Fresh to the market this well presented two storied townhouse is available now. Note, postal address is 2/129 (second unit). Situated back from the road and so private this is a rare find. Offering three double bedrooms, two downstairs, one opens to lovely courtyard. ...

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Townhouse

Canterbury 8011


127a Elizabeth St, Riccarton

$720,000

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Beyond the Red Door

…you'll discover a hidden gem. Wheelchair-friendly design. Bosch kitchen appliances. Low maintenance. In the heart of University zone living. This bespoke 2006 rear townhouse was created with accessibility in mind. Wide doorways and hall. Durable carpet. Fully accessible tiled wet ?oor areas. ...

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Townhouse

Canterbury 8041


4/3 Ayr St, Riccarton

$729,000

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Spring Into Your New Home-Book the Movers

* Off-Street Carpark * Ready To Move In * Turn Key * 10 Year Master Build Guarantee * Smeg Appliances * Open Plan Living * Complies with the Healthy Homes Standard This three storey home has a carpark and features an open plan kitchen, dining and living ...

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Townhouse

Canterbury 8011


5/16 Harakeke St, Riccarton

$649,000

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Top Location Townhouse By Hagley Park&Elite School

Negotiable Over $649,000 OPEN HOMES: Thu, 16 Oct 12:30pm - 1:00pm Sun, 19 Oct 3:00pm - 3:30pm Welcome to 5/16 Harakeke Street, a hidden gem in one of Christchurch's most prestigious and walkable neighbourhoods. This stylish two-bedroom, two-bathroom townhouse ...

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Townhouse

Canterbury 8011


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