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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 $1,699,000 and this has changed -2.86% over the past year and changed 10.00% over 2 years.

The median rent in Merivale for houses is $705 per week and the median rental yield is 2.16%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $599,000 and this has changed -14.31% over the past year. The average unit takes 88 days to sell and the median rent for a unit in Merivale is $500 per week, producing a rental yield of 4.34%.

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 $1,699,000 $777,500 $599,000
Median price change - last quarter -1.39% 3.49% -9.10%
Median price change - 1 year -2.86% -14.31% -14.31%
Median price change - 2 years 10.00% -7.90% 14.68%
  House Townhouses Units
Median weekly rent $705 $600 $500
Median yield % 2.16% 4.01% 4.34%
Median rent change - 1 year 1.44% 1.69% 4.17%
  House Units
Average days on market 55 88

Merivale investment property listings

Showing 5 of 123 investment properties found in Merivale on realestateinvestar.co.nz

54 St Albans St, Merivale

$2,550,000

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The Albans: Sophisticated Family Living

The Albans is a new development offering two 4-bedroom residences of exceptional quality in Merivale, one of Christchurch's most sought-after neighbourhoods. With an emphasis on natural materials, light and space, The Albans has been crafted to meet the challenges of urban living and a ...

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Townhouse

Canterbury 8014


9/19 Winchester St, Merivale

$539,000

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A BLOCK FROM THE VILLAGE. A WORLD OF ITS OWN.

There's a particular kind of quiet in Christchurch's most established suburbs. It's the sound of a street that's had a hundred years to decide what it wants to be, and stayed that way. Winchester Street sits inside that world. Merivale Village is a short walk away for coffee, Hagley ...

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Townhouse

Canterbury 8014


2/22 Clissold St, Merivale

$1,795,000

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Quietly Positioned. Beautifully Executed

For more information please copy and paste the below link: https://www.propertyfiles.co.nz/property/903680003 Exquisite design and craftsmanship set this stunning townhouse apart. Representing the best of Merivale living, you are in a location that's second-to-none - zoned for ...

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Townhouse

Canterbury 8014


5/88 Office Rd, Merivale

$2,095,000

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Private, Practical and Perfectly Located

**To view documentation in relation to this property, please copy and paste the link into your web address bar: https://www.propertyfiles.co.nz/property/88OfficeRoad Currently under construction, beautifully designed and in one of Christchurch's most sought-after locations. ...

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House

Canterbury 8014


1/88 Office Rd, Merivale

$2,195,000

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Front unit, Designed for Lifestyle

**To view documentation in relation to this property, please copy and paste the link into your web address bar: https://www.propertyfiles.co.nz/property/88OfficeRoad Currently under construction, these beautifully designed townhouses are in one of Christchurch's most sought-after ...

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House

Canterbury 8014


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