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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 $1,724,000 and this has changed 1.74% over the past year and changed 6.27% over 2 years.

The median rent in Merivale for houses is $715 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 60 days.The median listing price for units is $599,000 and this has changed -12.43% over the past year. The average unit takes 91 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 $1,724,000 $769,500 $599,000
Median price change - last quarter -1.39% 3.49% -9.10%
Median price change - 1 year 1.74% -12.43% -12.43%
Median price change - 2 years 6.27% -10.34% 14.00%
  House Townhouses Units
Median weekly rent $715 $600 $500
Median yield % 2.16% 4.05% 4.34%
Median rent change - 1 year 4.38% 3.45% 4.17%
  House Units
Average days on market 60 91

Merivale investment property listings

Showing 5 of 78 investment properties found in Merivale on realestateinvestar.co.nz

12 Rhodes St, Merivale

$2,295,000

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Luxury Beyond Limits

Positioned within one of Merivale's most accomplished architectural collections, this three-bedroom residence is bold in form yet considered in every detail. Shaped by Case Ormsby and refined through the interior lens of Samantha Tuuta and Cameron Foggo, the flawless design responds to its ...

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House

Canterbury 8014


5/20 Rhodes St, Merivale

$1,400,000

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Location, Staycation, Education

Live in it, rent it out, or simply enjoy unbeatable access to some of Christchurch's top public and private schools – this sleek, two-year-old home is packed with lifestyle and location perks. Situated within the zones for both Boys' and Girls' High Schools, and just a brisk stroll to ...

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Townhouse

Canterbury 8014


72B Office Rd, Merivale

$699,000

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Desirable Location - 2 Bedrooms

This delightful two double bedroom townhouse is sunny and private. Middle unit of three with single garage. Surrounded by quality homes in desirable location of Merivale. Modern kitchen with under bench oven, electric hobs, rangehood and dishwasher. Plenty of bench space and cupboards. ...

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Townhouse

Canterbury 8014


5/32 Tonbridge St, Merivale

$399,000

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Armchair Investment or Entry Level Merivale

They say location is the foundation of a great real estate investment, and this sun-soaked unit on Tonbridge Street certainly delivers. This is an exceptional opportunity to secure a well-located, low-maintenance property in one of Christchurch's most desirable suburbs. Positioned within walking ...

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Unit

Canterbury 8014


1/10 Naseby St, Merivale

$1,300,000

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Prestige and Proximity, Welcome to Naseby Street!

If location is everything, then Naseby Street is everything and more. Positioned in the heart of Christchurch's most coveted neighbourhood and offering access to some of the city's finest schools, this architecturally designed home has been fully reclad and serves as the pinnacle of stylish, ...

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Townhouse

Canterbury 8014


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