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

3/6 Strauss Pl, Somerfield

$749,000

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New Build - In Zone

UNIT 3 – Offers Over $749,000 Introducing a stunning collection of five architecturally designed townhouses in an exclusive boutique complex in Somerfield. These sleek and stylish homes have been thoughtfully designed with high-quality appliances and premium fittings throughout. Each ...

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House

Canterbury 8024


1 to 6/49 Leitch St, Somerfield

$599,000

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Location Matters, Cashmere Zoned!

Nestled in the leafy suburb of Somerfield, 49 Leitch Street presents a boutique collection of six architecturally designed townhouses that seamlessly blend modern living with timeless design. Each home has been thoughtfully crafted to maximise comfort, functionality, and ...

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Townhouse

Canterbury 8024


4/6 Strauss Pl, Somerfield

$779,000

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Architectural Design; Internal Access Garage

UNIT 4 – Offers Over $779,000 Introducing a stunning collection of five architecturally designed townhouses in an exclusive boutique complex in Somerfield. These sleek and stylish homes have been thoughtfully designed with high-quality appliances and premium fittings throughout. Each ...

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House

Canterbury 8024


145B Milton St, Somerfield

$465,000

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Outstanding value in Somerfield!

***Due to roadworks, open home attendees are advised to park on Dominion Ave or Strickland Street and walk to the property, contact me for a private viewing if mobility is an issue*** Positioned in sought-after Somerfield, this renovated single-level home offers low-maintenance living ...

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Unit

Canterbury 8024


1/12 McCombs St, Somerfield

$689,000

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THE DEAL

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


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