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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 $732,500 and this has changed 12.87% over the past year and changed -4.49% over 2 years.

The median rent in Somerfield for houses is $600 per week and the median rental yield is 4.26%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 42 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 37 days to sell and the median rent for a unit in Somerfield is $500 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 $732,500 $625,000 NA
Median price change - last quarter 4.70% 0.40% NA
Median price change - 1 year 12.87% NA NA
Median price change - 2 years -4.49% -6.17% NA
  House Townhouses Units
Median weekly rent $600 $550 $500
Median yield % 4.26% 4.58% NA
Median rent change - 1 year 6.19% 1.85% 8.70%
  House Units
Average days on market 42 37

Somerfield investment property listings

Showing 5 of 46 investment properties found in Somerfield on realestateinvestar.co.nz

41A Strickland St, Somerfield

$719,000

property pic

Modern Living with Garage - Prime Location

It's the perfect blend of style, comfort, and convenience with these brand-new, high-quality townhouses. Designed by Architectural designer Aaron Jewel, these spacious homes offer striking street appeal and modern living at its finest. You could move in before Christmas title and code compliance ...

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Townhouse

Canterbury 8023


41C Strickland St, Somerfield

$769,000

property pic

Modern Living with Garage - Prime Location

It's the perfect blend of style, comfort, and convenience with these brand-new, high-quality townhouses. Designed by Architectural designer Aaron Jewel, these spacious homes offer striking street appeal and modern living at its finest. You could move in before Christmas title and code compliance ...

Get more info on this property
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Townhouse

Canterbury 8023


148 Rose St, Somerfield

$560,000

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Charming 2 Bedroom on Beautiful Rose Street!

This charming two-bedroom home offers an inviting blend of character and modern convenience, making it perfect for first-home buyers, downsizers, investors, or empty nesters. With vacant possession, you can move straight in and enjoy the low-maintenance lifestyle this property provides. The fully ...

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House

Canterbury 8024


76 Milton St, Somerfield

$1,400,000

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4 x Luxury Townhouses 2025

4 x Luxury Townhouses to be consented and constructed in 2025 by award winning design and build company Admire Concrete Homes. www.admireconcretehomes.co.nz Each Townhouse is 200m² with balconies, 3 Bedrooms, 2 Lounges, 3 ½ Bathrooms, Large Separate Laundry, Double Garage, and ...

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House

Canterbury 8024


3/2 Dominion Ave, Somerfield

$699,000

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Selling NOW! Owner's next project pending

To view documentation in relation to this property, please copy and paste the link into your web: https://harcourts.net/L28787848 This contemporary brand-new features two storey townhouse of 3 bedrooms, two bathrooms and a single garage on a floor of 111sqm, offering convenience and modern living ...

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Townhouse

Canterbury 8024


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