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Investment Property Somerfield, Canterbury

Suburb Snapshot

Somerfield is a suburb in the Christchurch Region of Canterbury. Somerfield has a population of 6,898 people and 25.78% of its occupants live in rental accommodation. The median listing price for houses is $750,000 and this has changed 7.60% over the past year and changed 7.31% over 2 years.

The median rent in Somerfield for houses is $630 per week and the median rental yield is 4.37%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 43 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 42 days to sell and the median rent for a unit in Somerfield is $520 per week, producing a rental yield of NA.

Supply & Demand in Somerfield, 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 Somerfield, Christchurch

  House Townhouses Units
Median listing price $750,000 $674,000 NA
Median price change - last quarter 1.01% 6.06% NA
Median price change - 1 year 7.60% NA NA
Median price change - 2 years 7.31% -0.78% NA
  House Townhouses Units
Median weekly rent $630 $565 $520
Median yield % 4.37% 4.36% NA
Median rent change - 1 year 6.78% 2.73% 10.64%
  House Units
Average days on market 43 42

Somerfield investment property listings

Showing 5 of 66 investment properties found in Somerfield on realestateinvestar.co.nz

116 Somerfield St, Somerfield

$709,000

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Penthouse Level Living! New Build in Somerfield

**OPEN DAY** Tuesday 2nd December 5:30-6:30. Come down for free ice cream and to see these completed homes for yourself. These four homes feature well thought-out spaces designed to complement today's modern lifestyle. Each home has a well-appointed open-plan kitchen and living area ...

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Townhouse

Canterbury 8024


3/12 McCombs St, Somerfield

$759,000

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Modern living, ready now.

The development at 12 McCombs Street is complete, and the final opportunity is here. Townhouse 3 stands as the only home available. A brand-new, end unit residence with three bedrooms, two bathrooms, and a single internal-access garage. At 117.19m² (approx.), it delivers a refined balance of space ...

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House

Canterbury 8024


56a Selwyn St, Somerfield

$545,000

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Spacious Somerfield Duplex

Set in a sought-after Somerfield location, this spacious 100 m² home — one of two attached flats — has so much to offer. The layout is cleverly designed: while attached, the two flats are completely separated by two full-width garages, ensuring no shared living walls and total peace ...

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Unit

Canterbury 8024


2/95 Lyttelton St, Somerfield

$385,000

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Somerfield 2-Bed – Progressive Home Ownership

Now is the perfect opportunity for eligible families to buy a home in our recently completed Three Lanes complex. This modern two-storey duplex style townhouse provides: • 2 spacious bedrooms • Light and spacious open plan living • Downstairs kitchen and dining • Downstairs ...

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Townhouse

Canterbury 8024


7 Cooke St, Somerfield

$609,000

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Freehold finesse. Somerfield setting

Construction has begun. The foundations are down. And what's coming is worth the wait. Designed by DWA Architects and brought to life by O'Connell Builders — the award-winning team behind some of Christchurch's most refined residential builds — this curated collection of homes delivers ...

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House

Canterbury 8024


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