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Investment Property Somerfield, Canterbury

Suburb Snapshot

Somerfield is a suburb in the Christchurch Region of Canterbury. Somerfield has a population of 6,898 people and 25.78% of its occupants live in rental accommodation. The median listing price for houses is $697,000 and this has changed 7.31% over the past year and changed -11.63% over 2 years.

The median rent in Somerfield for houses is $590 per week and the median rental yield is 4.40%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 43 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Somerfield is $470 per week, producing a rental yield of NA.

Supply & Demand in Somerfield, 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 Somerfield, Christchurch

  House Townhouses Units
Median listing price $697,000 $634,000 NA
Median price change - last quarter 3.24% -3.03% NA
Median price change - 1 year 7.31% NA NA
Median price change - 2 years -11.63% -5.99% NA
  House Townhouses Units
Median weekly rent $590 $550 $470
Median yield % 4.40% 4.51% NA
Median rent change - 1 year 7.27% 5.77% 5.62%
  House Units
Average days on market 43 NA

Somerfield investment property listings

Showing 5 of 25 investment properties found in Somerfield on realestateinvestar.co.nz

16 Stenness Ave, Somerfield

$665,000

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Brand New Georgian Colonial Revival Cottages

These five cottages feature well thought out spaces designed to compliment today's modern lifestyle. Downstairs you will find a well appointed kitchen which opens to the living area. A large, north facing outdoor living area flows off the kitchen which is well positioned to capture all day sun. ...

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rei

3

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2

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0

Townhouse

Canterbury 8024


28 Deloraine St, Somerfield

$759,000

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Something Special in Somerfield!

Welcome to 28 Deloraine Street, Somerfield, Christchurch! Located in this highly sought-after neighbourhood, this impressive development offers a rare opportunity to own one of six exquisite townhouses, each designed to meet diverse lifestyle needs. Highlights: * Quiet ...

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3

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2

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1

Townhouse

Canterbury 8024


Lot 2/28 Deloraine St, Somerfield

$789,000

property pic

4 Bedroom New Builds in Somerfield!

Welcome to 28 Deloraine Street, Somerfield, Christchurch! This development presents 6 townhouses with a variety of layouts, in a highly sought-after neighbourhood. These 4 bedroom homes are perfect for growing families and are in zone for Cashmere High School, as well as within walking ...

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rei

4

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2

rei

1

Townhouse

Canterbury 8024


153 Ashgrove Tce, Somerfield

$875,000

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Warm and Sunny on A Secluded Rear Site

NO VIEWING TILL FIRST OPEN HOME SUNDAY 5TH MAY 1-1.30PM Having been a welcoming family home for many years, this home offers a haven of comfortable family living. With upgrades over time including a large, inviting conservatory for additional living, you walk into this home and feel calm and ...

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rei

3

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2

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4

House

Canterbury 8024


25 Leitch St, Somerfield

$689,000

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Leitch Street, contemporary living in Somerfield

This May Wolfbrook is offering a 5 year rental guarantee + $8,000 cash back, so you can sit back and relax knowing your investment is secure for the next 5 years.* Est. Completion: May 2025 Discover 25 Leitch Street Somerfield, Christchurch. With it's easy access to the best ...

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rei

2

rei

1

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0

Townhouse

Canterbury 8024


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