Rolleston, Selwyn District, Canterbury

 

Nestled in the heart of the Selwyn district, where there a many subdivisions that are a highly sought-after residential developments. This charming community, set against a picturesque rural backdrop, fosters a thriving atmosphere and a bustling town centre. Choosing Rolleston as your home means immersing yourself in the abundant offerings of the Selwyn district, all within a convenient 25-minute reach of Christchurch City.

Rolleston is characterised by a tight-knit community and a robust, adequate infrastructure, attracting diverse residents, from young families to retirees. It's more than just a typical subdivision; it's a place you'll cherish as your home.

Rolleston Square is adjacent to this vibrant community, boasting an extensive range of shops and services, quality food outlets, and ample free parking, providing a complete shopping experience.

Available packages

Lot 576 Arbor Green: $789,000

  • 4 Bedrooms, 2 Bathrooms, Double Garage

  • Floor Plan 165 sqm

  • Section 450 sqm

  • Expected completion: TBC


Lot 180 Falcons Landing: $789,900

  • 4 Bedrooms, 2 Bathrooms, Double Garage

  • Floor Plan 172 sqm

  • Section 440 sqm

  • Expected completion: TBC


Lot 1 Faringdon Westwood: $805,000

  • 4 Bedrooms, 2 Bathrooms, Double Garage

  • Floor Plan 165 sqm

  • Section 492 sqm

  • Expected completion: 8 Months Following Unconditional

 
 

Investment Overview

Once considered merely a subdivision, Rolleston, New Zealand, is a rapidly growing town situated in the Canterbury region, just a short drive from Christchurch. Its strategic location, combined with a strong economy and burgeoning population, make it a location worth considering for both property investors and owner occupiers. Since the 2011 earthquakes, the region has seen significant infrastructure development and GDP growth with new roads, schools and amenities, enhancing its overall appeal. 

Rolleston's proximity to Christchurch, the largest city in the South Island, provides a wealth of employment opportunities, ensuring a steady demand for housing. This economic stability, coupled with affordable house prices relative to more central locations, creates a favourable environment for house price appreciation as both investors and owner-occupiers flock to the area increasing the demand for property. 

Investors considering purchasing in Rolleston can expect to pay $740,000- $850,000 for a 3-4 bedroom house. While prices in Rolleston have undoubtedly come back since the market's peak, prices are still up substantially since their pre-covid levels. In March 2020, the median sale price in Rolleston was $550,000 today, it is $780,000, 42% up from it's pre-covid level. This is significant, considering the New Zealand average is up only 30% during the same time period. 

All of the house & land packages we are currently recommending in Rolleston have expected rental yields between 4.4%-5.0%, which is considerably more than the average rental yield in Rolleston, 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: +49% Median sale price 20 years: +192% Capital growth 10 years: 4.09% Capital growth 20 years: 5.50%