Ravenswood, Woodend, Canterbury
Nestled in the heart of North Canterbury, Ravenswood emerges as a highly sought-after residential development within the region. This charming subdivision is set against a picturesque rural backdrop, fostering a flourishing community and a bustling town centre. Choosing to make Ravenswood your home means immersing yourself in the abundant offerings of Waimakariri, all within a convenient 20-minute reach of Christchurch City.
Ravenswood attracts a diverse array of residents, from young families to retirees and everyone in between, underpinned by its unique community-centric design. This is not your typical subdivision; it's a place you'll truly cherish as home.
Next to this lively community lies Ravenswood Central, New Zealand's freshest town centre. Sprawling across 20 hectares of commercially designated land, Ravenswood Central is set to evolve alongside the local community. Numerous businesses have already established themselves here, with a wave of newcomers soon to follow.
Available packages
Lot 1236 Ravenswood (Home and Income): $990,000*
4 Bedrooms, 2 Bathrooms, 2 Carpark
Floor Plan 159 sqm
Section 400 sqm
Expected completion: 8 Months Following Unconditional
*Note: Progress Payment Price, Turn-Key Price Available
Investment Overview
Investing in property in the Waimakariri District is a compelling opportunity for several reasons. One of the key factors making it an attractive choice is the projected population growth of 41% over the next 25 years. This substantial increase in residents will create significant demand for housing, making residential property investment in the area a potentially lucrative opportunity.
Furthermore, the region's economic prospects are promising, with statistics indicating strong GDP growth. The Waimakariri District benefits from its close proximity to Christchurch, which has seen significant economic expansion in recent years. The recent development of the Christchurch Northern Corridor has improved connectivity and accessibility to the region, facilitating easier commuting and logistics.
The presence of a growing population base and a skilled workforce enhances the appeal of the Waimakariri District for businesses and investors alike. Additionally, the Rangiora Business Hub offers well-serviced industrial development, encouraging economic growth and business expansion.
All of the house & land packages we are currently recommending in The Waimakariri District have expected rental yields between 4.2%-5.0%, which is considerably more than the average rental yield in the region, which sits at 4.0%.
Investment Overview
Strategy: Off the plan Upside: Growth prior to settlement Rent: Unfurnished Deposit: 10% Title: Freehold
Investment Type
Dwelling: House & Land Growth: High Yield: Moderate Pros: High Growth / Standalone Home
Suburb Performance
Median sale price 10 years: +65% Median sale price 20 years: +169% Capital growth 10 years: 5.12% Capital growth 20 years: 5.06%