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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 $1,690,000 and this has changed 6.29% over the past year and changed NA over 2 years.

The median rent in Merivale for houses is $685 per week and the median rental yield is 2.11%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 56 days.The median listing price for units is $684,000 and this has changed 14.00% over the past year. The average unit takes 114 days to sell and the median rent for a unit in Merivale is $480 per week, producing a rental yield of 3.65%.

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 $1,690,000 $789,000 $684,000
Median price change - last quarter 3.63% -1.25% 6.21%
Median price change - 1 year 6.29% 14.00% 14.00%
Median price change - 2 years NA 9.11% -15.97%
  House Townhouses Units
Median weekly rent $685 $580 $480
Median yield % 2.11% 3.82% 3.65%
Median rent change - 1 year 5.38% 7.41% 9.09%
  House Units
Average days on market 56 114

Merivale investment property listings

Showing 5 of 40 investment properties found in Merivale on realestateinvestar.co.nz

11/24 Devonport La, Merivale

$769,000

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Last Unit Available!

Located just a stones throw from Merivale Mall and boutique shopping and mere minutes from the heart of Christchurch City, Unit 11 epitomises contemporary living with its stylish and modern interior. Neutral tones enhance the sense of light and space, complemented by an open-plan kitchen and ...

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Townhouse

Canterbury 8014


34 Beverley St, Merivale

$3,350,000

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Past and Presence

* To download the property files, please copy and paste this link into your web browser - https://www.propertyfiles.co.nz/property/CR49482 Designed in the 1920s by esteemed architect Heathcote Helmore this five-bedroom entertainers paradise maintains a commanding presence. Our seller's knack for ...

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House

Canterbury 8014


89 Chapter St, Merivale

$1,749,000

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Disregard RV, Neat as a Pin, Must View!

This glorious weatherboard home is full of character and partially modernized, with plenty of room to add further value. A clever extension has added an internal-access double garage and extra living space, ensuring a generous footprint to comfortably accommodate friends and family. Situated on a ...

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House

Canterbury 8052


3/16 Derby St, Merivale

$525,000

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Located for Convenience and Investment Potential

Nestled next to Carlton Corner, this property puts bars and restaurants just metres from your doorstep. Merivale Mall is a stone's throw away, and a leisurely stroll will take you to the green expanse of Hagley Park. Plus, you're within close proximity to the CBD. Benefiting from an ...

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Townhouse

Canterbury 8014


43 Knowles St, Merivale

$2,399,000

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A Location for Grand Plans: As Is, Where Is

This astonishing property, comprising a large character home and a stunning piece of land measuring 1,973 sqm, offers a once-in-a-lifetime opportunity for those seeking a project on a grand scale. Situated in a highly regarded street where beautifully restored character properties sit ...

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House

Canterbury 8052


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