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

114 Aikmans Rd, Merivale

$2,795,000

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Designer Comfort, Lift Access & Premium Finishes

For further information, please copy and paste the property files link: https://www.propertyfiles.co.nz/property/114AikmansRd Construction is about to begin on this beautifully designed residence, with completion scheduled by the end of the year, offering an exceptional blend of modern ...

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House

Canterbury 8014


7 Akela St, Merivale

$2,895,000

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Architectural Living in the Heart of Merivale

For further information, please copy and paste the property files link: https://www.propertyfiles.co.nz/property/7AkelaStreet Welcome to 7 Akela Street -construction about to start. Architecturally designed residence located in the heart of Merivale, one of Christchurch's most sought-after ...

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House

Canterbury 8014


21 Innes Rd, Merivale

$729,000

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Blue Chip Modern Living

Priced from $729,000 You've heard it before, location, location, location, and this exceptional development delivers exactly that. Positioned on the doorstep of Merivale Mall, welcome to 21 Innes Road, where affordable modern living meets one of Christchurch's most sought-after ...

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Townhouse

Canterbury 8052


2/15 Donald Pl, Merivale

$699,000

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Location, Location, Location!

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/L30109790 Located on the Merivale / St Albans fringe this stunning development is supremely central with a short stroll to the Merivale ...

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Townhouse

Canterbury 8014


102 Leinster Rd, Merivale

$1,450,000

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Premium Living with Your Own Private Lift

This architecturally designed collection of high-spec townhouses offers refined, low-maintenance living in one of Christchurch's most sought-after locations. Positioned moments from Merivale Mall, the CBD, and within coveted school zones, this development delivers both lifestyle and long-term ...

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Townhouse

Canterbury 8014


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