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

3/44 Winchester St, Merivale

$1,099,000

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Intelligent design, seeing is believing!

* Unmatched value! * Luxury living in a prime Merivale location - Just 650m from Merivale Mall, enjoy the convenience of one of Christchurch's most desirable neighbourhoods * Designed for effortless entertaining - expansive, light-filled open-plan living seamlessly connects to the dining ...

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Townhouse

Canterbury 8014


3 Highgate Ave, Merivale

$1,575,000

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Living the High Life on Highgate

Nestled in one of Merivale's most desirable cul-de-sac streets, this beautifully presented four-bedroom family home offers space, comfort, and lifestyle. Designed for easy living, this home features two generous living areas, with flow to a sunny outdoor BBQ area complete with adjustable louvres, ...

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House

Canterbury 8014


91 St Albans St, Merivale

$1,760,000

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Modern Living on Merivale's Doorstep

Offering an exceptional combination of space, location and easy-care living, this beautifully designed contemporary home puts you just minutes from Merivale and Christchurch's CBD. The spacious open-plan kitchen, dining and living area forms the heart of the home. Filled with natural ...

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House

Canterbury 8014


1 Millbank La, Merivale

$1,799,000

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A Thom Craig Original: Bold, Unmistakable, Unique!

Architect Thom Craig has always done things his own way, and this home is the proof. Full of character and individuality, it channels the bold spirit of 1970s design, exposed concrete block, bespoke built-in joinery, reimagined for modern living. Set down a private lane off Carlton Mill Road, ...

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3

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House

Canterbury 8014


3/94 Rugby St, Merivale

$649,000

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Single-Level Simplicity in Prime Position

For property information please copy and paste the following link - https://www.propertyfiles.co.nz/property/3-94RugbyStreetMerivale Single-level simplicity takes a prime position in central Merivale at this two-bedroom townhouse, where solid construction, modern renovations and ...

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House

Canterbury 8014


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