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

12 McCombs St, Somerfield

$649,000

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Nearing Completion - 2 bed with Garage

Brand-new modern living across four pristine units, located at 12 McCombs Street in the sought-after suburb of Somerfield. Ranging from 96.20m² (approx.) to 117.19m² (approx.), these beautiful homes deliver a balance of efficiency and spacious comfort. Each unit is designed to cater to diverse ...

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Townhouse

Canterbury 8024


1/6 Strauss Pl, Somerfield

$699,000

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Affordable New Build - In Zone

UNIT 1 – Offers Over $699,000 UNIT 2 – Offers Over $699,000 UNIT 3 – Price By Negotiation UNIT 4 – UNDER OFFER UNIT 5 – UNDER OFFER Sleek, modern, and thoughtfully designed, this brand new townhouse in Somerfield delivers the perfect mix of practicality and style. ...

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3

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House

Canterbury 8024


7 Palmside St, Somerfield

$849,000

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Large Multi-Generational Dwelling 160sqm

Welcome to your affordable dream home for all the family. Situated in the incredibly sought after Somerfield and Zoned Cashmere High, Hoon Hay Primary School & Our Lady Of the Assumption School zones, this beautifully proportioned property offers the lifestyle and location every family dreams of. ...

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House

Canterbury 8024


9 Frankleigh St, Somerfield

$569,000

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A Smart Investment in Christchurch's Future

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 from ...

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Townhouse

Canterbury 8024


2/6 Strauss Pl, Somerfield

$699,000

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Priced To Sell - In Zone, In Style

UNIT 1 – ON HOLD UNIT 2 – Offers Over $699,000 UNIT 3 – Price By Negotiation UNIT 4 – UNDER OFFER UNIT 5 – UNDER OFFER Step into style in Somerfield - a boutique development of five brand new townhouses, designed with everyday ease and modern style in mind. Each home ...

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House

Canterbury 8024


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