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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 118 investment properties found in Merivale on realestateinvestar.co.nz

120 Rossall St, Merivale

$1,689,000

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MODERN DESIGN, PRIME POSITION!

There are some addresses that simply carry a certain cachet, and Rossall Street, Merivale is undoubtedly one of them. Positioned in the heart of this highly sought-after suburb, 120 Rossall Street offers an enviable combination of privacy, security, lifestyle and location — all within a ...

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House

Canterbury 8014


3/63 Papanui Rd, Merivale

$639,000

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Merivale's Modernist Classic

Enquiries Over $639,000 Part of the revived JJ Connor Flats, this two-bedroom apartment celebrates Warren and Mahoney's original sixties design, faithfully reconstructed to today's building standards while preserving the character and removing the compromise. Rebuilt in 2020 ...

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Unit

Canterbury 8014


88 Office Rd, Merivale

$1,695,000

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Premium 3-Bed Homes Near Top Schools | Merivale

*Estimated Completion Date: April 2027* Presenting 88 Office Road, Merivale. A stunning collection of **five architecturally designed homes** offering luxurious living in a tightly held neighbourhood. This release features **three-bedroom homes with two-and-a-half bathrooms,** designed ...

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Townhouse

Canterbury 8014


133A Rugby St, Merivale

$649,000

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Price reduction - sell, sell, sell!

** PLEASE NOTE: Access for open homes - down the long driveway off rugby street. Property is at the end of the driveway, to the left, middle townhouse. Our vendor has already bought elsewhere, so this modernised Merivale townhouse needs a new owner, and it will be sold. 133A Rugby ...

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Townhouse

Canterbury 8014


3/19 Repton St, Merivale

$569,000

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Estate Sale - Will Be Sold, Close to Merivale Mall

Priced Deadline $599,000 (USP) - Thursday 29th October, 4pm This sunny two-bedroom unit is being offered as an estate sale, and the instructions are clear: it will be sold. Ready to move straight in, it offers easy, low-maintenance living just a short stroll from Merivale Mall, with the City ...

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Townhouse

Canterbury 8014


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