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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 $1,749,000 and this has changed 20.70% over the past year and changed -12.18% over 2 years.

The median rent in Merivale for houses is $730 per week and the median rental yield is 2.17%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 63 days.The median listing price for units is $707,000 and this has changed 22.11% over the past year. The average unit takes 115 days to sell and the median rent for a unit in Merivale is $495 per week, producing a rental yield of 3.64%.

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 $1,749,000 $764,000 $707,000
Median price change - last quarter 0.00% 1.32% 4.12%
Median price change - 1 year 20.70% 22.11% 22.11%
Median price change - 2 years -12.18% 1.27% -15.97%
  House Townhouses Units
Median weekly rent $730 $595 $495
Median yield % 2.17% 4.05% 3.64%
Median rent change - 1 year 8.96% 8.18% 5.32%
  House Units
Average days on market 63 115

Merivale investment property listings

Showing 5 of 53 investment properties found in Merivale on realestateinvestar.co.nz

GO2/1 Hewitts Rd, MERIVALE

$638,000

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Modern Urban Retreat in Prime Merivale Location

Welcome to your dream urban retreat in the heart of Merivale, one of Christchurch's most sought-after neighborhoods! This 1-double bedroom, 1-bathroom ground floor apartment allows for modern ease amongst urban living. The sleek, open-plan layout maximizes space with floor-to-ceiling sliding ...

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Unit

Canterbury 8014


5/33 Winchester St, Merivale

$689,000

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Below RV, AKL vendor says SELL

Elevated above its surroundings, this iconic centrally located townhouse has gracefully stood the test of time. Positioned within a block of seven, number 5 enjoys added privacy and tranquillity, set well back from the street with an unobstructed, sun-filled north-facing outlook. The slightly ...

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Townhouse

Canterbury 8014


4/21 Winchester St, Merivale

$669,000

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Last chance to view before Auction!

Welcome to 4/21 Winchester Street, Merivale - This charming property, constructed in the 1960s is the perfect opportunity to own a beautifully presented home in one of the most sought-after neighbourhoods. It's close proximity to St Margarets College, Hagley park, the city and Merivale make it ...

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House

Canterbury 8014


49C Browns Rd, Merivale

$1,149,000

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Brand New, Central and Convenient

Brand new spacious 3-bedroom home; 1 double downstairs with ensuite, 2 bedrooms upstairs - master with walk-in robe plus ensuite. Preferred rear unit. Sun blessed north orientation, spacious open plan living spaces with seamless flow through sliding doors to the large deck and ...

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Townhouse

Canterbury 8014


3/7 Donald Pl, Merivale

$729,000

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Secure your Brand New Home NOW!

Located on the Merivale / St Albans fringe this stunning development 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. The location is rich with history ...

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Townhouse

Canterbury 8014


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