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

3/6 Huia St, Riccarton

$539,000

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Affordable & So Desirable - Priced From $529,000!

The popularity of this location is easy to understand with a short walk to Westfield Riccarton and Canterbury University. This is a super affordable entry into this location with Girls and Boys High School zoning. To view documentation in relation to this property, please copy and paste ...

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Townhouse

Canterbury 8041


6/6 Huia St, Riccarton

$529,000

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Single & Ready To Mingle!

Single level, 2 bedroom unit with 1 bathroom and carpark for $529k. Perfect for singles or couples alike. Affordable and desirable. The popularity of this location is easy to understand with a short walk to Westfield Riccarton and Canterbury University. This is a super affordable entry ...

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Townhouse

Canterbury 8041


6/10 Rex St, Riccarton

$450,000

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A confident first step built 2016

To view documents please copy and paste the following link: www.propertyfiles.co.nz/5530163 Individual CCC Property Files available to download via: www.propertyfiles.co.nz/5530163PF Situated in a convenient pocket of Riccarton, 6/10 Rex Street presents a modern, low-maintenance ...

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Townhouse

Canterbury 8041


16B Tika St, Riccarton

$638,000

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Prime Riccarton Living in Top School Zones

Ignore RV !!! Download the property information pack using the link below:https://www.propertyfiles.co.nz/property/977530003 Discover comfort, convenience, and style at 2/16 Tika St. This two-level home offers a versatile layout perfect for families or those seeking a smart ...

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House

Canterbury 8041


1-41 Maxwell St, Riccarton

$640,000

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Prime Riccarton Opportunity

First time on the market in over 30 years Fantastic location close to Westfield Riccarton Mall, Hagley Park, the Christchurch CBD, Christchurch Hospital and Tower Junction. Riccarton's growing mix of eateries, bars and restaurants are within easy walking distance, and public transport ...

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House

Canterbury 8041


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