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

123B Papanui Rd, Merivale

$749,000

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Location, Convenience & Top School Zones!

* To download the Information Pack, copy and paste the URL into your web browser http://www.propertyfiles.co.nz/property/L35526349 Superbly situated in one of Christchurch's most sought-after suburbs, this modern three-bedroom, two-bathroom townhouse offers the perfect blend of comfort, ...

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Townhouse

Canterbury 8014


11/140 Office Rd, Merivale

$879,000

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Architectural Flair in the Heart of Merivale

Tucked away in the iconic "The Mews", a Peter Beaven designed complex rich in character and charm this stylish townhouse delivers a private, sun filled sanctuary in one of Christchurch's most coveted postcodes. Set across approximately 150m², the home offers brilliant open plan ...

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Townhouse

Canterbury 8014


23 Webb, Merivale

$1,099,000

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Merivale Luxury – 3 Bed, 2 Bath, Internal Garage

Only 2 Left – Premium 3-Bedroom Living in Merivale Welcome to 23 Webb Street – a boutique collection of just five architecturally designed townhouses, offering a rare opportunity to secure luxury living in one of Christchurch's most sought-after suburbs. Set on a peaceful, ...

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Townhouse

Canterbury 8014


49 Onslow St, Merivale

$649,000

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One-Bed Townhouse – Quiet, Central, Easy

Boutique 1-Bed Townhouse – Prime Location with Off-Street Parking 49 Onslow Street is a premium collection of 20 architecturally designed townhouses, set on a quiet, tree-lined street near Merivale — one of Christchurch's most desirable suburbs. Brought to you by the team behind some of ...

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Townhouse

Canterbury 8014


2B Cheltenham St, Merivale

$769,000

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Executive Hagley Pad - Ignore RV!

Set in the desirable pocket of Merivale, this 2 bedroom, 2 bathroom 2022 build townhouse has everything you could ever want in a lock and leave city fringe base. Just a short stroll to Hagley Park, City Centre, and Merivale Mall, everything is at your doorstep. This townhouse was built with ...

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House

Canterbury 8014


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