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

3/4 Rotherham St, Riccarton

$659,000

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Ticks the boxes - Location, quality, rental return

Unit 3/4 - Enquiries over $659,000 (3 bed 2 bath) Unit 1/4 - Enquiries over$559,000 (under contract) Visit us at our show home at 3/4 Rotherham Street This home is move in ready, all you need is your furniture! The property comes with the following: ...

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Townhouse

Canterbury 8041


1/1 Nelson St, Riccarton

$479,000

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Charming Town House In Sought-After Riccarton!

Negotiable Over $479,000 OPEN HOME: Sun, 9 Nov 1:30pm - 2:00pm Introducing 1/1 Nelson Street, Riccarton - a delightful, low maintenance, brick 2-bedroom town house nestled into the heart of one of the ever popular suburbs. This unique property boasts a great array of features ...

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Townhouse

Canterbury 8011


1-9/160 Clarence St, Riccarton

$449,000

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Prime Investment - Steps from Westfield Mall

Discover this exclusive new development of nine architecturally designed 1-bedroom, 1-bathroom freehold townhouses, perfectly positioned right across from Westfield Mall in the highly desired suburb of Riccarton. Enjoy the ultimate in convenience and lifestyle, with cafes, shops, ...

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Townhouse

Canterbury 8011


5/40 Brockworth Pl, Riccarton

$719,000

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URGENT SALE - Owner Moving to Next Project!

$719,000 Priced Deadline Wed 12th November 4:00pm (USP) Contemporary townhouse with four bedrooms and two bathrooms providing very generous space for the whole family. A sun-drenched, open-plan kitchen and dining area is perfect for modern living while internal-access garaging adds even ...

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House

Canterbury 8011


1/44A Division St, Riccarton

$540,000

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For Investors, first home buyers and downsizers!

* Unbeatable convenience and enduring value * Minutes to the University of Canterbury * Close to shops * Public transportation just a stroll down the road * Riccarton Mall only a stone throw away, literally just steps away * close to CBD * fully fenced * Zoned ...

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House

Canterbury 8041


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