53 Ryan Street, Phillipstown, Christchurch

53 Ryan Street, Phillipstown, represents a strong investment opportunity in a suburb that continues to benefit from its proximity to Christchurch’s CBD and the city’s ongoing regeneration. With capital growth averaging 5.86% over the past 10 years and 5.19% over 20 years, Phillipstown has demonstrated consistent long-term performance.

The suburb’s location ensures excellent access to workplaces, education providers, and lifestyle amenities, while future infrastructure projects such as the $683 million Te Kaha Stadium are set to further enhance the city’s appeal and support sustained value growth. Our partner company, Thrive Investment Partners talks more about the significance of the stadium here.

Investors purchasing at today’s pricing can also benefit from capturing capital gains during the build, with completion scheduled for Q2 2026.

The numbers stack up well from a yield perspective. Phillipstown’s median sales price currently sits at $495,000, while these homes are priced between $639,000 and $659,000, reflecting the premium attached to new, low-maintenance housing.

Rental demand remains robust, with a suburb median rent of $470 per week and these homes expected to achieve strong returns given their quality and city-fringe location. This translates to appealing yields alongside low vacancy risk, driven by strong demand from professionals, students, and families seeking modern rentals close to the central city.

With settlement due at a time when interest rates are forecasted to ease, 53 Ryan Street offers investors reliable rental income, immediate capital growth prospects, and long-term positioning in a growth-focused location.