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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 -1.67% over the past year and changed -9.59% 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 79 days.The median listing price for units is $480,000 and this has changed -7.69% over the past year. The average unit takes 65 days to sell and the median rent for a unit in Riccarton is $505 per week, producing a rental yield of 5.47%.

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 $639,000 $480,000
Median price change - last quarter 4.68% -1.24% -1.03%
Median price change - 1 year -1.67% -7.69% -7.69%
Median price change - 2 years -9.59% -6.44% -1.70%
  House Townhouses Units
Median weekly rent $660 $595 $505
Median yield % 5.29% 4.84% 5.47%
Median rent change - 1 year 1.54% 3.48% 5.21%
  House Units
Average days on market 79 65

Riccarton investment property listings

Showing 5 of 98 investment properties found in Riccarton on realestateinvestar.co.nz

2f Broadbent St, Riccarton

$595,000

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Hidden Gem in the Zone!

Right in the heart of Riccarton, and just a short stroll from Westfield and Hagley Park, this beautifully presented single-level home offers the perfect blend of location, style, and easy living. Recently updated throughout and re-clad with extensive insulation added this one is a smart choice ...

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Canterbury 8041


1/9 Maxwell St, Riccarton

$465,000

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Sharp Price, Ideal Location! Add Some TLC

An ideal location directly opposite Westfield Riccarton, so handy to the supermarket, shops and an array of eateries. - Front unit with a generous front garden. - Spacious living area - Healthy homes compliant - Insulated and heated via a heat pump - Single lockup ...

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Unit

Canterbury 8041


2A Division St, Riccarton

$419,000

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Urban Living or Portfolio Thinking

To download all information please copy and paste the following link into your browser - https://www.propertyfiles.co.nz/property/882790007 Tucked just off the corner of Blenheim Road, this contemporary one-bedroom townhouse offers a low-maintenance lifestyle in a location that ...

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Townhouse

Canterbury 8041


8/3 Ayr St, Riccarton

$739,000

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Brand New + Turnkey + Carpark + 10yr MB

* Ready To Move In * Turnkey * Carpark * 10 Year Master Build Guarantee * Complies with Healthy Homes Standard * Smeg Appliances * Window Coverings Included This two storey home has a carpark and features an open plan kitchen, dining and living area and ...

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Townhouse

Canterbury 8011


62 Elizabeth St, Riccarton

$669,900

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Modern Two-Bedroom Home in Prime Location

Welcome to this beautifully designed two-bedroom home, ideally located in the sought-after suburb of Riccarton, just minutes from the Christchurch CBD. This move-in ready home features an open-plan layout, blending the kitchen, living, and dining areas into a modern, functional space. ...

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Townhouse

Canterbury 8041


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