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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 115 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


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


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


2/282 Papanui Rd, Merivale

$1,089,000

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One of Two, Double Prospect

To view documentation in relation to this property, please copy and paste the link into your address bar: https://bit.ly/3Ut71hQ Privacy takes a prime position at this rear-sited Merivale townhouse, where extensive modernisation and a sun-soaked northern garden give easy-care living a ...

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Townhouse

Canterbury 8014


1/282 Papanui Rd, Merivale

$949,000

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One Easy-Care Address or Double Up

To view documentation in relation to this property, please copy and paste the link into your address bar: https://bit.ly/3ULg2CU Convenience comes with considerably more at this single-level Merivale townhouse, where a connected address and effortless format are backed by the ...

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Townhouse

Canterbury 8014


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