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Investment Property Merivale, Canterbury

Suburb Snapshot

Merivale is a suburb in the Christchurch Region of Canterbury. Merivale has a population of 4,041 people and 38.48% of its occupants live in rental accommodation. The median listing price for houses is $1,749,000 and this has changed 10.00% over the past year and changed 33.05% over 2 years.

The median rent in Merivale for houses is $695 per week and the median rental yield is 2.07%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 58 days.The median listing price for units is $699,000 and this has changed 14.68% over the past year. The average unit takes 121 days to sell and the median rent for a unit in Merivale is $480 per week, producing a rental yield of 3.57%.

Supply & Demand in Merivale, Christchurch

332,476

Population


33.38%

Rental population


536,953

Population


29.66%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Merivale, Christchurch

  House Townhouses Units
Median listing price $1,749,000 $769,000 $699,000
Median price change - last quarter 3.63% -1.25% 6.21%
Median price change - 1 year 10.00% 14.68% 14.68%
Median price change - 2 years 33.05% 6.78% -18.62%
  House Townhouses Units
Median weekly rent $695 $590 $480
Median yield % 2.07% 3.99% 3.57%
Median rent change - 1 year 6.92% 7.27% 6.67%
  House Units
Average days on market 58 121

Merivale investment property listings

Showing 5 of 36 investment properties found in Merivale on realestateinvestar.co.nz

3/102 Rossall St, Merivale

$599,000

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When Location Matters!

This apartment has been recently renovated and is now ready for new owners! Featuring two double bedrooms, a designer kitchen with a large breakfast bar that extends to the dining area. This apartment has been designed to be lived in and enjoyed. Enjoy the open-plan ...

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2

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Unit

Canterbury 8014


7 Allister Ave, Merivale

$2,725,000

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Refined Living on Allister

To download all information please copy and paste the following link into your browser - https://www.propertyfiles.co.nz/property/818020005 Claiming its place in one of Merivale's most prized locations, this home has been artfully transformed into a contemporary sanctuary by award-winning ...

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House

Canterbury 8014


3/16 Derby St, Merivale

$525,000

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Located for Convenience and Investment Potential

Nestled next to Carlton Corner, this property puts bars and restaurants just metres from your doorstep. Merivale Mall is a stone's throw away, and a leisurely stroll will take you to the green expanse of Hagley Park. Plus, you're within close proximity to the CBD. Benefiting from an ...

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Townhouse

Canterbury 8014


43 Knowles St, Merivale

$2,399,000

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A Location for Grand Plans: As Is, Where Is

This astonishing property, comprising a large character home and a stunning piece of land measuring 1,973 sqm, offers a once-in-a-lifetime opportunity for those seeking a project on a grand scale. Situated in a highly regarded street where beautifully restored character properties sit ...

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House

Canterbury 8052


95A Bealey Ave, Merivale

$1,949,000

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In-Zone A+ Family Living

This lovely contemporary home offers incredible family living in a superb location that gets top marks for convenience. Set back from the road and nestled on generous 954 sqm grounds, there's plenty of room for north-facing outdoor living including a gorgeous in-ground self-cleaning pool. It's ...

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4

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House

Canterbury 8014


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