Addington Property Market And House Prices

Suburb of Christchurch City

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for Addington, Christchurch City

Average House Value

1.6%
$547,400

Average Rent

$515

Estimated Yield

4.9%

Long Term Capital Growth

6.4%

Ed's Insights

Addington is a suburb in Christchurch City.

5,175 people currently live in Addington. 66.9% of these people rent.

The average house value in Addington is $547,400.

That’s down 3.4% from from 2 years ago.

The median rent in Addington is $515.

Market Insight - Median House Price Trend

Sales Data

Average House Value

1.6%
$547,400

Median Days to Sell

30

Properties listed for sale in the last month

16

Properties sold in the last 12 months

71

Insights

The average house value in Addington is $547,400.

On average it takes 30 days to sell a house.

All up 71 properties were sold in Addington over the last year, and 16 properties were listed for sale in the last month.

Rental Data

Median Rent

$515

Rental properties listed last year

473

Rental properties listed last month

56

Median days to rent

21
BedroomsRentChange
1 Bedroom
$245/week2%
2 Bedrooms
$530/week6%
3 Bedrooms
$590/week1.7%

Insights

There is no rental data available for Addington at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Addington want?

The most popular number of bedrooms a tenant rents in Addington is 2 bedrooms.

44.1% of tenants in the suburb rent properties with 2 bedrooms.

The most popular number of cars in Addington is 1 car.

40.8% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Addington?

How many Cars do renters have in Addington?