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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 -0.92% over the past year and changed -12.67% over 2 years.

The median rent in Riccarton for houses is $675 per week and the median rental yield is 5.41%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 72 days.The median listing price for units is $495,000 and this has changed -4.62% over the past year. The average unit takes 50 days to sell and the median rent for a unit in Riccarton is $500 per week, producing a rental yield of 5.25%.

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 $649,000 $495,000
Median price change - last quarter 2.92% 1.23% -10.73%
Median price change - 1 year -0.92% -4.62% -4.62%
Median price change - 2 years -12.67% -9.74% -1.89%
  House Townhouses Units
Median weekly rent $675 $600 $500
Median yield % 5.41% 4.81% 5.25%
Median rent change - 1 year 5.47% 7.14% 8.70%
  House Units
Average days on market 72 50

Riccarton investment property listings

Showing 5 of 76 investment properties found in Riccarton on realestateinvestar.co.nz

17c Division St, Riccarton

$549,000

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New Paint/Carpet; CBHS/CGHS Zone; Freehold Title

This super handy townhouse ticks so many boxes whether you are a first home buyer, fresh starter, downsizer or investor. There aren't many like it so get into your car and around to view or you'll miss out. Having recently undergone an internal refresh and revitalisation, the tones are ...

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House

Canterbury 8041


8b Broadbent St, Riccarton

$639,000

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Priced To Sell - Family Sized Townhouse!

Nestled in a peaceful cul-de-sac, this stunning 3-bedroom townhouse situated at 8B Broadbent Street, Riccarton offers the epitome of modern living in Christchurch. Step inside to discover a spacious and bright open-plan living and dining area, perfect for entertaining guests or simply ...

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Townhouse

Canterbury 8041


1/58 Peverel St, Riccarton

$539,000

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Two Bedrooms Plus A Studio!

Negotiable Over $539,000 OPEN HOME: Sun, 13 Oct 11:45am - 12:15pm This easy-care unit will attract attention from a range of buyers including smart investors, small families and those looking to establish themselves on the property ladder. Located in the ...

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House

Canterbury 8041


16D Lyndon St, Riccarton

$529,000

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Well Zoned and No Lawn to Mow!

Enquiries Over $529,000 OPEN HOME: Sun, 13 Oct 11:00am - 11:30am Calling all first home buyers, investors and downsizers. This modern and easy-care, two bedroom permanent material townhouse on a freehold title presents a great opportunity for those seeking a quality property ...

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Townhouse

Canterbury 8041


1/4 Division St, Riccarton

$429,000

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First Home Buyers & Investors

If you're wanting a first home or a rental investment, here is a fantastic option for you. Located within walking distance of Riccarton Mall, this large 1970's built two bedroom unit has a lot to offer, including a garage and two other off street carparks. Currently vacant this will suit an owner ...

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Unit

Canterbury 8041


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