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

19 Winchester St, Merivale

$429,900

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Studios and Townhouses in Merivale from $429,900

19 Winchester Street offers a great opportunity to secure a modern home in sought after Merivale, with studios starting from $429,900 and loft townhouses from $549,900. Positioned close to cafés, boutique shopping, Hagley Park, the central city and everyday essentials, this development ...

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Townhouse

Canterbury 8014


3/11 Carlton Mill Rd, Merivale

$1,399,000

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Parkside Opportunity - Live, Lease or Lock & Leave

Positioned off the street and directly opposite Millbrook Reserve and Little Hagley Park, this high-end townhouse pairs lock-and-leave privacy with a park-facing outlook at the city's edge. Intelligently designed, the ground floor draws a clean line through living, where skylights lift the ...

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Unit

Canterbury 8014


2/28 Andover St, Merivale

$1,499,000

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DOVA

, by Crampton and Smith delivers four bespoke homes that blend effortless style with practical, low maintenance living in one of Christchurch's most desirable, blue chip pockets. Executed in a soft neutral palette, each home features full height cabinetry, subtle curved joinery and ...

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House

Canterbury 8014


3/28 Andover St, Merivale

$1,189,000

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DOVA

, by Crampton & Smith places a collection of architecturally designed townhouses in one of Christchurch's most desirable, blue chip pockets, combining effortless style with practical, low maintenance living. Rendered in a soft neutral palette, each home is finished with full height ...

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House

Canterbury 8014


66a Mansfield Ave, Merivale

$2,399,000

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High-Spec Merivale Home with Designer Kitchen

To downlaod the property files copy and paste the following link to your browser: https://www.propertyfiles.co.nz/property/66amansfieldavenue Perfectly positioned in sought after Merivale, 66a Mansfield Avenue is a striking example of modern design paired with everyday ...

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House

Canterbury 8014


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