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

3/6 Strauss Pl, Somerfield

$669,000

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Brand New - Priced To Sell

UNIT 1 – Price By Negotiation UNIT 2 – UNDER OFFER UNIT 3 – Offers Over $669,000 UNIT 4 – SOLD UNIT 5 – SOLD Sleek, modern, and thoughtfully designed, this brand new townhouse in Somerfield delivers the perfect mix of practicality and style. Part of a boutique ...

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House

Canterbury 8024


2/45 Studholme St, Somerfield

$749,000

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Premier Somerfield Location. Two remaining!

* To download the Information Pack, copy and paste the URL into your web browser http://www.propertyfiles.co.nz/property/45StudholmeSt ** Frames are now up and 3 units are SOLD - Only 2 units remain and it is expected these will be sold before completion in May 2026! Early purchasers ...

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Townhouse

Canterbury 8024


141 Studholme, Somerfield

$689,000

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CHARACTER RETAINED, IMMACULATELY PRESENTED FUTURE!

This supremely presented abode exudes character & charm along with the extensive integration of modern, minimalist functionality in all the right areas. A 'must see' for all first home, next home buyers, or those who simply appreciate the value of this desirable location. The German ...

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House

Canterbury 8024


116 Somerfield St, Somerfield

$709,000

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Top level Heritage Apartment

This development will be iconic on Somerfield Street for years to come, one that will attract admirers with its sage green colour and striking white detailing. Just one beautiful home left - the light and airy top level apartment down the driveway. Not even 5 minute walk from the always ...

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Townhouse

Canterbury 8024


5/134 Barrington St, Somerfield

$579,000

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Brand New - From $549,000

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 / code compliance expected this month to present 134 Barrington Street to the market. To view documentation in relation to ...

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Townhouse

Canterbury 8024


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