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

7/13 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


51 Onslow St, Merivale

$899,000

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New Merivale Cottage Revival Homes

Four Cottage Revival Homes, located in a lovely, leafy neighbourhood just a short walk from Merivale Village. All homes have secure, sunny north-facing courtyards perfect for entertaining. These homes are three bedrooms, two or 2.5 bathrooms, with off-street car parking or single ...

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Townhouse

Canterbury 8014


1/50B Murray Pl, Merivale

$1,199,000

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Show-Stopping Urban Style

To download the property files please copy and paste this link into your browser: https://www.propertyfiles.co.nz/property/920700005 Evoking the timeless sophistication of townhouses in London or New York, this boutique development of five residences (designed by Figure & Ground) is ...

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House

Canterbury 8014


31A Wroxton Tce, Merivale

$1,199,000

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Warm Welcome, Prestige Address

https://www.propertyfiles.co.nz/property/31awroxton Beautifully presented, with convivial open-plan living at its heart, glowing with real timber and flowing to manicured gardens, this home invites comfortable everyday living and relaxed moments with guests. Enjoying the privacy of a ...

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House

Canterbury 8014


39 Holly Rd, Merivale

$2,590,000

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Be a Guardian of Grace

To download all information please copy and paste the following link into your browser - https://www.propertyfiles.co.nz/property/906660004 Owning a home of such historical, social and architectural importance is as much a guardianship for future generations as it is a luxurious ...

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House

Canterbury 8014


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