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

2/41 Naseby St, Merivale

$559,000

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Single Level in Merivale-Golden Opportunity

Opportunities in this tightly held complex are rare. These units are usually long-term owned, and with the vendors now divesting their portfolio, this is your chance - don't miss out. Freshly painted throughout, this low-maintenance, single-level unit offers: * Two double ...

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Unit

Canterbury 8014


2/11 Donald Pl, Merivale

$999,000

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Elevated Excellence - Supreme Convenience

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 Finished and ready to move into. Architect Andrew Evans has nailed his brief to create a flexible urban lifestyle with a ...

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Townhouse

Canterbury 8014


8/13 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


5/44 Winchester St, Merivale

$1,199,000

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True architecture at the right price

Positioned just 650 metres from the vibrant Merivale Mall, this brand-new, architecturally designed residence delivers the ultimate in modern Merivale living. With exceptional value in today's market and a high-spec finish - complete with fully tiled bathrooms - this home stands out as one of the ...

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Townhouse

Canterbury 8014


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


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