Addington, Christchurch – What Property Investors Need to Know | Ep. 138

In this episode, we discuss the Christchurch suburb of Addington and whether we believe it is a good place to invest. 

Addington has had the 3rd fastest house price growth of any Christchurch suburbs since the turn of the century. The only two suburbs that grew at a faster rate were the wealthier suburbs of Strowan and Fendalton. These suburbs wouldn't be appropriate for investors to necessarily park their money in. 

Addington is also the 9th most affordable suburb out of all 59 Christchurch suburbs – meaning that there is a lot of room for gentrification, especially given its close proximity to Hagley Park. 

Throughout the episode, we made reference to our Epic Guide to Mortgages, which is a 9,500-word guide which is freely available on the Opes Partners website. It is well worth a read if you are either looking to get a mortgage or hoping to pay one off.