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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

1/134 Barrington St, Somerfield

$549,000

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Preferred Front Townhouse

Striking street appeal and optimised internal spaces was the brief of Architect Andrew Evans and he has absolutely nailed it. With construction complete and titles expected this month be quick to secure this brand new townhouse at the super affordable price of $549,000. This is amazing value for ...

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Townhouse

Canterbury 8024


6/134 Barrington St, Somerfield

$639,000

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Downstairs Master - Preferred Rear Unit

To view documentation in relation to this property, please copy and paste the link into your web address bar: https://www.propertyfiles.co.nz/property/L38009554 Rare 3 bedroom opportunity at a super affordable price point. Striking street appeal and optimised internal spaces was the ...

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Townhouse

Canterbury 8024


TH1/9 Frankleigh St, Somerfield

$589,000

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Standalone in the Zone

Welcome to 9 Frankleigh Street — a boutique development in Somerfield offering eight quality freehold homes. Thoughtfully designed for modern, low-maintenance living, these homes are ideal for first-home buyers, downsizers, and smart investors. Key Features - Priced $31,000 Under ...

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Townhouse

Canterbury 8024


116 Somerfield St, Somerfield

$709,000

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Penthouse Level Living! New Build in Somerfield

**OPEN DAY** Tuesday 2nd December 5:30-6:30. Come down for free ice cream and to see these completed homes for yourself. These four homes feature well thought-out spaces designed to complement today's modern lifestyle. Each home has a well-appointed open-plan kitchen and living area ...

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Townhouse

Canterbury 8024


3/12 McCombs St, Somerfield

$759,000

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Modern living, ready now.

The development at 12 McCombs Street is complete, and the final opportunity is here. Townhouse 3 stands as the only home available. A brand-new, end unit residence with three bedrooms, two bathrooms, and a single internal-access garage. At 117.19m² (approx.), it delivers a refined balance of space ...

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House

Canterbury 8024


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