61 Cobham Street, Spreydon, Christchurch

Welcome to 61 Cobham Street, Spreydon, an inviting new development of eleven contemporary homes designed for comfort, convenience, and modern style. With a mix of two and three bedroom layouts, each residence is carefully crafted to maximise light, flow, and functionality, perfect for professionals, downsizers, or investors seeking quality low-maintenance living close to the city.

Each home features two bathrooms, off-street parking, and well-considered open-plan living spaces that connect seamlessly to private outdoor areas. The three-bedroom home includes a ground-floor bedroom with ensuite, while the two-bedroom homes offer upstairs accommodation with an ensuite and family bathroom. Premium touches such as Fisher & Paykel appliances enhance both style and everyday ease.

Located in a popular pocket of Spreydon, just minutes from the CBD, Barrington Mall, and local parks, 61 Cobham Street offers an ideal blend of lifestyle and practicality. Whether you’re looking for your first home or a smart investment, these well-specified homes deliver enduring appeal and exceptional value.

completion Due Q4 2026

Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.

Investment Overview

61 Cobham Street presents an attractive investment opportunity in Spreydon, one of Christchurch’s most established and well-connected suburbs. With capital growth of 5.06% over the past 10 years and 5.42% over 20 years, Spreydon has shown steady long-term performance. The development is priced between $569,000 and $679,000, sitting below the suburb’s median sale price of $647,000, giving investors an opportunity to secure new, high-quality homes in a consistently performing location. The area is ideally positioned within easy reach of the CBD, Barrington Mall, and Hagley Park, making it convenient for professionals and families alike.

The suburb’s rental market remains robust, with a median rent of $550 per week and appraisals for these homes ranging between $540–$625 per week, delivering gross yields of 4.8%–4.9%. Spreydon’s proximity to major employers, educational institutions, and arterial routes ensures ongoing rental demand, particularly from tenants seeking modern, low-maintenance homes close to the city. The combination of affordability and location makes Spreydon an appealing choice for investors aiming for both income and growth.

Christchurch’s wider urban revitalisation continues to enhance the city’s liveability and investment appeal. Key projects such as the Te Kaha Stadium, public transport improvements, and CBD regeneration initiatives are driving infrastructure upgrades and boosting employment opportunities. These large-scale investments are expected to have a flow-on effect for surrounding suburbs like Spreydon, increasing both property values and tenant demand. Our partner company, Thrive Investment Partners talks more about the significance of the stadium here.

By locking in today’s pricing and settling upon completion, investors are well positioned to capitalise on expected capital appreciation as the city’s transformation continues. With its combination of strong rental fundamentals, proven capital growth, and proximity to key amenities, 61 Cobham Street offers a smart, future-focused addition to any property portfolio.

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