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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 67 investment properties found in Somerfield on realestateinvestar.co.nz

4/134 Barrington St, Somerfield

$579,000

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Brand New - From $549,000

Striking street appeal and optimised internal spaces was the brief of Architect Andrew Evans and he has absolutely nailed it. With construction complete and titles / code compliance expected this month to present 134 Barrington Street to the market. Get in quick to secure your ...

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Townhouse

Canterbury 8024


5/45 Studholme St, Somerfield

$699,000

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Rear Standalone Unit with Downstairs Master!

Brought to life by the trusted team at M Group Properties, this boutique collection of five executive townhouses blends architectural design with everyday functionality-setting a new benchmark for premium living in the heart of Somerfield. With frames now up, completion is well on track for May ...

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Townhouse

Canterbury 8024


1/134 Barrington St, Somerfield

$549,000

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Preferred Front Townhouse

Striking street appeal and optimised internal spaces was the brief of Architect Andrew Evans and he has absolutely nailed it. With construction complete and titles expected this month be quick to secure this brand new townhouse at the super affordable price of $549,000. This is amazing value for ...

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Townhouse

Canterbury 8024


TH1/9 Frankleigh St, Somerfield

$589,000

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Standalone in the Zone

Welcome to 9 Frankleigh Street — a boutique development in Somerfield offering eight quality freehold homes. Thoughtfully designed for modern, low-maintenance living, these homes are ideal for first-home buyers, downsizers, and smart investors. Key Features - Priced $31,000 Under ...

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Townhouse

Canterbury 8024


29 Frankleigh St, Somerfield

$695,000

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Off to the Beach!...... Priced $695,000

Our seller is moving north to build a new home by the sea in Taranaki and needs to get this charming Somerfield bungalow sold to move forward with his plans. Much of his five years here has been spent in the garden creating a variety of spaces for horticulture and relaxing, under the gaze of a ...

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House

Canterbury 8024


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