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

5/10 Meadowville Ave, Somerfield

$659,000

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Single Level Option, Cashmere School Zoned! 1 Left

10-12 Meadowville Avenue: Modern, Smart, and Exceptionally Located Discover this boutique development of six stylish two-bedroom townhouses, perfectly designed for professionals, families, and investors. Situated just 10 minutes from the City Centre, with Barrington Mall at ...

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2

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Townhouse

Canterbury 8024


3/37 Frankleigh, Somerfield

$579,000

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MODERN LIVING. ESTABLISHED SETTING.

Somerfield is tightly held for good reason, established, connected, and consistently sought after. 37 Frankleigh Street presents two architecturally designed freehold homes by Figure & Ground and built by BMC, offering considered, low-maintenance living in a prime inner-south location, ...

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2

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Townhouse

Canterbury 8024


106 Rose St, Somerfield

$839,000

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TIMELESS CHARACTER, IMMACULATE PRESENTATION!

This supremely presented abode captures the very essence of a bygone era of character and imposing quality. With a superbly preserved 'Cottage' vibe and the subtle integration of modern functionality in all the right areas, this property is a 'must see' for all first home/next home buyers, ...

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House

Canterbury 8024


26 Roker St, Somerfield

$699,000

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Modern living, great schools and convenience

Welcome to 26 Roker Street, where a limited collection of brand-new 2 and 3-bedroom townhouses are taking shape in sought-after Somerfield. Thoughtfully designed for modern living, each home brings together comfort, quality, and everyday convenience in a superb location. From local ...

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2

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Townhouse

Canterbury 8024


2-5/44 Roker St, Somerfield

$565,000

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Quiet Street, Top Schools, Ready Now!

* To download the Information Pack, copy and paste the URL into your web browser http://propertyfiles.co.nz/44RokerSt Tucked away on tree-lined Roker Street, a peaceful pocket of Somerfield, these architecturally designed freehold homes offer a higher standard of living in one of ...

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2

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Townhouse

Canterbury 8024


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