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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

3/44 Winchester St, Merivale

$1,099,000

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Why So Popular? Location, Location, Location

* 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 area and designer ...

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Townhouse

Canterbury 8014


3/15 Donald Pl, Merivale

$679,000

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Timeless Brick Beauty!

Located on the Merivale / St Albans fringe this stunning 2 year old townhouse is supremely central with a short stroll to the Merivale Mall precinct offering an abundance of quality shopping and hospitality options. The CBD is also within comfortable walking distance. Brick and profile ...

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Townhouse

Canterbury 8014


10/131 Merivale La, Merivale

$639,000

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Low-Maintenance Living in the Heart of Merivale

To view the property information please copy and paste the following link into your web browser: https://www.propertyfiles.co.nz/10-131MerivaleLane Superbly positioned, this modern townhouse on a freehold title delivers an enviable combination of contemporary comfort, easy living and an ...

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Townhouse

Canterbury 8014


8/142 Leinster Rd, Merivale

$635,000

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5 MINUTES FROM MERIVALE MALL - IN THE SCHOOL ZONES

Located in a boutique development of quality residences completed in 2021 with.a quiet, private,north facing ground floor corner setting, capturing abundant natural light and all day sun. Thoughtfully designed for comfort and easy living, this contemporary two bedroom home offers the perfect ...

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Unit

Canterbury 8014


4/56 Hewitts Rd, Merivale

$799,000

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Merivale Style, Zoning To Impress

Designed by Warren & Mahoney, this two-storey townhouse is set in one of Merivale's most sought-after pockets, offering a smart, low-maintenance lifestyle in a location that's hard to beat. A striking glass feature window in the living space floods the home with natural light, complemented by the ...

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Townhouse

Canterbury 8014


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