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

2/28 Aikmans Rd, Merivale

$575,000

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LOCATION, CONVENIENCE IN THE SCHOOL ZONES

Superbly located in the centre of Merivale, this well maintained property is designed for practicality, comfort and convenience. Orientated for the sun with a modern kitchen, generous open plan living, fenced courtyard plus a separate garage. Walking distance to Merivale Mall, a ...

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Unit

Canterbury 8014


59 Mansfield Ave, Merivale

$1,450,000

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Location, Space and Easy Education Choices

* To download the Information Pack, copy and paste the URL into your web browser: https://www.propertyfiles.co.nz/property/866900003 Located in a prime location, being just a short stroll to the heart of Merivale, in zone for sought-after Chch Girls' & Boys' High Schools, and close to a ...

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House

Canterbury 8014


4/104 Rossall St, Merivale

$674,000

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Foothold Opportunity in Merivale!

** To view all available documents for this property, please cut and paste the following link: https://www.propertyfiles.co.nz/property/929600004 It's rare to find a property situated in the heart of Merivale which not only offers a good foothold in this most desirable of areas, ...

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Unit

Canterbury 8014


19 Devonport La, Merivale

$2,699,000

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Relaxed Living with Room to Spare

For further information, please copy and paste the property files link: https://www.propertyfiles.co.nz/property/19DevonportLane Chic, contemporary appeal sets this home apart in a sought-after street just a short stroll from Merivale dining and zoned for all the right schools. Filled with ...

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House

Canterbury 8014


7/13 Donald Pl, Merivale

$699,000

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In zone for CBHS and CGHS!

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


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