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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

1-6/13 Aylmer St, Somerfield

$599,000

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Stand Out Design, Cashmere Zoned!

Two-level living designed with care and finished to a standard that holds. The open-plan kitchen, dining and living space is warm and light-filled, anchored by engineered stone benchtops, a breakfast bar and Fisher & Paykel appliances. Sliding doors extend the living area to a private outdoor ...

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Townhouse

Canterbury 8024


14 Cooke St, Somerfield

$689,000

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Duplex done right. End unit energy.

The next chapter on Cooke Street is here and it's every bit as impressive as the last. From the same team that delivered the sold-out development at No. 7, O'Connell Builders and Design Workshop Architects are bringing four premium townhouses to 14 Cooke Street, Somerfield and with an ...

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Townhouse

Canterbury 8024


52B Barrington St, Somerfield

$499,000

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Walk to school - Cashmere High Zone

Immediate possession available. This attractive two-bedroom unit presents a fantastic opportunity for buyers seeking a low-maintenance home with scope to enhance. Owner-occupied since 2021, the property offers a comfortable, practical living space. The unit features two ...

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Unit

Canterbury 8024


3A Roberta Dr, Somerfield

$469,000

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A Fresh Start !

Negotiable Over $469,000 OPEN HOME: Sat, 9 May 1:15pm - 1:45pm Located in the highly desireable suburb of Somerfield this delightful 2 double bedroom unit is for definite saLe. This provides a great opportunity for 1st home buyers, downsizers and investors alike ...

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Unit

Canterbury 8024


180 Rose St, Somerfield

$605,000

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Elegant Townhouses on Rose St - Top School Zone

If you have been looking for an affordable new build in one of Christchurch's most desirable areas, then this development is for you. Located on popular Rose Street, it offers the best of both worlds, with the hills and the city in close proximity. 180 Rose Street is a boutique ...

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Townhouse

Canterbury 8024


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