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

4/160 Rossall St, Merivale

$739,000

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2018 build in the heart of Merivale

To view all available documents please copy and paste the following link: www.propertyfiles.co.nz/5530043 Individual CCC property files also available to download at www.propertyfiles.co.nz/5530043PF Nestled in a central Merivale position, this modern townhouse, built in 2018, ...

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Townhouse

Canterbury 8014


7/73 Clare Rd, Merivale

$375,000

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Sunny One-Bedroom Gem near Merivale and City!

Your Property Pilots are excited to offer another wonderful home touching down in the heart of Christchurch. Welcome to 7/73 Clare Road, Merivale, a charming one-bedroom home that effortlessly combines modern living with the convenience of an urban lifestyle. Nestled near one of ...

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Unit

Canterbury 8014


65A Leinster Rd, Merivale

$1,950,000

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Contemporary precision and liveability

Recently completed by Boutique Living, offering refined architecture, superior craftsmanship and functionality for modern lifestyles. - Striking exterior featuring brick and metal tray cladding - Approximately 208sqm of thoughtfully designed living across two levels - Four ...

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Townhouse

Canterbury 8014


22 Naseby St, Merivale

$1,650,000

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High-End Living with Internal Access Lift

A tightly held collection of just five high-spec homes, thoughtfully designed with both luxury and longevity in mind. At the core of each residence is a private internal lift, a rare inclusion that redefines everyday living, allowing effortless movement across all levels while future-proofing the ...

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Townhouse

Canterbury 8014


123A Papanui Rd, Merivale

$689,000

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Short Term or Long Term Accommodation Investment!

* To download the Information Pack, copy and paste the URL into your web browser http://www.propertyfiles.co.nz/property/L35526428 Superbly situated in one of Christchurch's most sought-after suburbs and approved for unhosted visitor accommodation under the CCC District Plan, this ...

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Townhouse

Canterbury 8014


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