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

121 Selwyn St, Somerfield

$764,995

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Timeless Charm with Future Potential

Brimming with character and warmth, this well-maintained 1930s home is perfectly positioned on a sunny 655m² corner section. With 120m² of well-designed living space, it offers an intimate and inviting environment—ideal for couples, small families, or those seeking a charming home with future ...

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3

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2

House

Canterbury 8024


C&D/135 Somerfield St, Somerfield

$1,250,000

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Sunny Superhomes on Somerfield St

Four turn-key Superhomes (Only 2 Left) (two stand-alone, and two 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), ...

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4

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House

Canterbury 8024


12 McCombs St, Somerfield

$749,000

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Nearing Completion - Only 1 left

*$10,000 Cashback available - Limited time only! 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 ...

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3

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2

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1

Townhouse

Canterbury 8024


1/78 Milton St, Somerfield

$595,000

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Charming Townhouse in Somerfield

Negotiable Over $595,000 OPEN HOME: Sat, 6 Sep 12:00pm - 12:30pm Discover this delightful home at 1/78 Milton Street, Somerfield, where comfort meets convenience. Perfectly positioned in a sought-after neighbourhood, this property offers an ideal blend of modern living and ...

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2

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1

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2

Townhouse

Canterbury 8024


89A Roberta Dr, Somerfield

$710,000

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Moving on so Haven must go!

Step into comfort and convenience of this beautifully maintained two-bedroom unit, built in 2016, offering a modern lifestyle in a quiet, peaceful setting with great flow from the living area to the outdoor courtyard. The current owner has absolutely enjoyed her home since but changes in life ...

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2

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Townhouse

Canterbury 8024


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