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

1/80 Milton St, Somerfield

$489,000

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Motivated Sale: 2022-Built Townhouse - Somerfield

Completed in 2022 by renowned Christchurch-based Growcott Freer Property, this two-bedroom freehold property currently returns $535 per week, providing a gross yield of approx. 5.7%. With established rental income and a modern, easy-care design, it offers an appealing opportunity for investors, or ...

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Townhouse

Canterbury 8024


2/180 Rose St, Somerfield

$605,000

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Rose Street. Right Where You Want to Be.

Tucked away down a long driveway on the iconic, tree-lined Rose Street, 180 Rose Street is a boutique collection of 16 architecturally designed freehold townhouses. Just a block from Cashmere Road and close to the Heathcote River, this Rose Street development backs onto Cashmere High ...

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Townhouse

Canterbury 8024


7/180 Rose St, Somerfield

$599,000

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Rose Street. Tucked Away. Private. Yours.

Brand-new 2-bedroom, 2.5-bathroom townhouse in Somerfield. Set down a long driveway on the iconic, tree-lined Rose Street, 180 Rose Street is a boutique collection of 16 architecturally designed freehold townhouses. Just a block from Cashmere Road and close to the Heathcote ...

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Townhouse

Canterbury 8024


1/44 Roker St, Somerfield

$565,000

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Last 2 Remain! Get in Quick!

Designed by Figure and Ground, 44 Roker Street is a collection of six thoughtfully designed townhouses, with just two homes remaining — Units 1 & 3. Clever positioning, quality finishes and only one shared party wall create a sense of privacy, quiet and space, while north-facing outdoor areas and ...

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Townhouse

Canterbury 8024


3/35 Leitch St, Somerfield

$599,000

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Ubeatable Value - With Garaging!

Discover the perfect balance of style, comfort, and convenience with this brand-new architecturally designed townhouse. Positioned on a freehold title and thoughtfully crafted for modern lifestyles, this single-level home is ideal for those seeking quality without the upkeep. Designed ...

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Townhouse

Canterbury 8024


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