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

7 Cooke St, Somerfield

$609,000

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Freehold finesse. Somerfield setting

Construction has begun. The foundations are down. And what's coming is worth the wait. Designed by DWA Architects and brought to life by O'Connell Builders — the award-winning team behind some of Christchurch's most refined residential builds — this curated collection of homes delivers ...

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2

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House

Canterbury 8024


C&D/135 Somerfield St, Somerfield

$1,250,000

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Superhomes for Sale

(Only 2 Left) (one stand-alone, and one semi-detached), from award-winning Bob Burnett Architecture. Superhome A & C SOLD Superhome B & D AVAILABLE Availabilty : Superhome A: SOLD Superhome B: 3 Bedrooms (multi-use on Gnd Floor), 2 Bathrooms, 1 car ...

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4

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1

House

Canterbury 8024


16 Roker St, Somerfield

$729,000

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Smart Homes, Smart Choices!

Discover contemporary comfort and style at 16 Roker Street, a freehold 2-bedroom, 2-bathroom townhouse designed for effortless modern living. Within this complex there are four boutique townhouses. Complete with Rosefern signature brick, Miele appliances and solar as standard. ...

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2

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Townhouse

Canterbury 8024


6 Strauss Pl, Somerfield

$699,000

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Stylish Start, Smart Investment - In Zone

* BOUTIQUE COMPLEX COMPRISED OF FIVE TOWNHOUSES * UNITS 1, 2 & 3 – Each priced at Offers Over $699,000 Sleek, design-led and effortless to live in, these brand new Somerfield townhouses blend everyday practicality with modern style. This boutique development delivers versatile ...

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3

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2

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1

House

Canterbury 8024


180 Rose St, Somerfield

$609,000

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Elegant Townhouses - 2 Bed Living, Top School Zone

180 Rose Street is a boutique development of just sixteen freehold townhouses designed and built by R+B Build. Each home has been carefully thought out to maximise space, natural light, and liveability - with quality finishes, modern design, and low-maintenance living throughout. ...

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2

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Townhouse

Canterbury 8024


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