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

1/35 Leitch St, Somerfield

$679,000

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Architectural Single Level Masterpiece

Be the first to enjoy this beautifully designed, brand-new architecturally crafted townhouse, offering effortless modern living on a freehold section. Thoughtfully designed on a single level, this stylish home combines comfort, convenience, and low-maintenance living in a highly ...

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Townhouse

Canterbury 8024


4/35 Leitch St, Somerfield

$679,000

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Stunning Design, Effortless Living!

Combining contemporary style with everyday practicality, this brand-new architecturally designed townhouse presents an outstanding opportunity to secure a low-maintenance home in a highly desirable location. Set on a freehold title and thoughtfully configured on a single level, this ...

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Townhouse

Canterbury 8024


2/95 Lyttelton St, Somerfield

$385,000

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Priced out no longer! 2 & 3 beds in Somerfield

Enjoy modern, low-maintenance living in new 2- and 3-bedroom, award-nominated homes in Somerfield. Three Lanes, Lyttelton Street combines thoughtful design and everyday comfort, with a chance to get into an established neighbourhood at a price that's hard to find in Somerfield. ...

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Townhouse

Canterbury 8024


31 Conway St, Somerfield

$739,000

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Single-level | Standalone | Cashmere High Zoned

*Estimated Completion Date: March 2027* Welcome to 31 Conway Street, Somerfield. A boutique offering of **four standalone, architecturally designed homes,** delivering the perfect balance of convenience, comfort, and easy-care living. This exclusive release features **single-level ...

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Townhouse

Canterbury 8024


27e Studholme St, Somerfield

$1,199,500

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Cashmere High School zone - Port Hills view!

Discover a phenomenal new home in the heart of Somerfield – where location, design, and lifestyle come together. Just minutes from Barrington Mall, with stunning Port Hills views, close proximity to the central city, and zoning for sought-after Cashmere High School, this is a home that delivers on ...

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House

Canterbury 8024


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