65 Warrington Street, St Albans, Christchurch

65 Warrington Street presents a well-timed investment opportunity in the highly sought-after suburb of St Albans, one of Christchurch’s most desirable city-fringe locations. Known for its leafy streets, strong community feel, and proximity to the CBD, St Albans offers both lifestyle and convenience.

The suburb has shown consistent performance with capital growth averaging 4.37% over the past 10 years and 4.88% over the past 20 years, reflecting its long-term stability and appeal. With the median sales price at $799,000, this project offers immediate value at $579,000–$679,000, allowing investors to secure below-market pricing ahead of anticipated growth.

Rental fundamentals are another key strength. The median rent in St Albans is $550 per week, while this property’s rental appraisal ranges from $550–$780 per week, generating gross yields between 5.1% and 5.6%, a strong return for such a central location. St Albans continues to attract high-quality tenants, including professionals, young families, and downsizers, thanks to its proximity to Christchurch’s CBD, major employment hubs, and popular amenities such as Merivale Mall, Edgeware Village, and nearby parks.

The suburb also benefits from Christchurch’s ongoing urban transformation, including large-scale projects such as the Te Kaha Stadium, the city’s new $683 million multi-use arena set to open in 2026, and continued CBD revitalisation. These developments are expected to stimulate economic activity, attract new residents, and strengthen property values across central suburbs like St Albans. Commuting is effortless, with key arterial routes, public transport, and the city’s cycling network providing excellent connectivity to workplaces, schools, and recreation. Our partner company, Thrive Investment Partners talks more about the significance of the stadium here.

With its combination of below-median pricing, strong yields, and proven capital growth, 65 Warrington Street represents an exceptional opportunity for investors seeking both immediate value and long-term upside. Locking in today’s prices allows investors to benefit from future gains as Christchurch’s continued growth and infrastructure investment drive further demand in this blue-chip suburb.