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Back 34 Wainui Street
Off Market

34 Wainui Street

Riccarton Canterbury

5
2
5
House
Last sold for $725,000
Grace BruereGrace Bruere, last sold this property on 24 September 2025 after 50 days on market.

Overview

Outstanding Student Rental - Prime Location

Auction Sale (unless sold prior) 12pm, Thu 28 August 2025 3 Deans Avenue, Christchurch 8011 This exceptional renovated residence presents an outstanding opportunity for investors seeking strong rental returns with minimal management input. Comprising five well-proportioned bedrooms and two modern bathrooms, this low-maintenance property is ideally configured for maximum yield and tenant appeal. Opportunity to purchase in conjunction with 36 Wainui Street, Riccarton - buy one, or double your income. • Five spacious bedrooms, each with built-in wardrobes • Two contemporary bathrooms • Currently tenanted on a fixed-term lease at $925 per week • Rental appraisals indicate potential to achieve up to $1,050 per week • Zoned TC2 - Residential Suburban Density Transition • Off-street parking available • Comfortably equipped with a heat pump, ceiling insulation, and underfloor insulation • Settle tenanted OR vacant at the end of the tenancy The living area offers a warm, inviting space for tenants to relax and connect, while the updated kitchen has been designed for functionality and ease of use. Modern touches and thoughtful upgrades throughout the home enhance its appeal, both in terms of comfort and durability. Tenants benefit from ample off-street parking - a sought-after feature in this high-demand area. Positioned in the heart of Riccarton, this property enjoys proximity to key amenities including the University of Canterbury, Westfield Mall, public transport, and local eateries. Its desirable location ensures consistent demand from students and working professionals, supporting low vacancy rates and reliable income streams. With the current owners consolidating their investment portfolio, this is a rare chance to secure a high-performing asset in one of Christchurch's most in-demand suburbs. Make sure you chat with us about all purchase options prior to the auction. You can either purchase one or both, either vacant possession or with tenancies in place. To download the Property Files, copy and paste the below into a new browser: https://www.propertyfiles.co.nz/5527850

Features

5 bedrooms
2 bathrooms
5 carspaces
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Riccarton over the last 12 months, the estimated median property value of 34 Wainui Street is $725k.

Median value
$725k
Estimated value range
$680.3k - $2.3m
Median days on market
27
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Riccarton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 34 Wainui Street

2025
Sold
$725,000
Sold After Auction on 24 Sep 2025 by Grace Bruere, of Bayleys Christchurch (Whalan and Partners Ltd)

Happy sellers in Riccarton

81%
81% of sellers in Riccarton reported that their sale price either exceeded or met their price expectations.

Riccarton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 56 reviews in Riccarton over the last 12 months.

Local market activity for 5 bedroom houses in Riccarton

In the last 12 months, 6 five-bedroom houses similar to 34 Wainui Street, have been sold.

This represents a 250% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Riccarton

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Narges Attia

Sellers who recommend Narges Attia have praised them for being clear communication, local expert, proactive, well-prepared, empathetic, friendly and supportive

  •   5   (63 reviews)
  •  5 Reviews in Riccarton
  •  3 Sales in Riccarton
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Michelle Fu

Sellers who recommend Michelle Fu have praised them for being local expert, clear communication, dedicated, supportive, responsive, well-prepared and hard-working

  •   5   (117 reviews)
  •  4 Reviews in Riccarton
  •  9 Sales in Riccarton
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Sean Innes

Sellers who recommend Sean Innes have praised them for being clear communication, local expert, friendly, supportive, hard-working, persistent and reliable

  •   4.9   (80 reviews)
  •  3 Reviews in Riccarton
  •  9 Sales in Riccarton
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Cass Shak

Cass Shak is a recommended agent for Riccarton.  They have 4 local sales and collected 3 local reviews across the last 12 months.

  •   5   (17 reviews)
  •  3 Reviews in Riccarton
  •  4 Sales in Riccarton
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