Download your FREE reports now!

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

75 Stanbury Ave, Somerfield

$899,000

property pic

Freshly renovated – Cashmere High zoning

Negotiation over $899,000 Lovingly reimagined by its current owners, this beautifully presented home has undergone a comprehensive renovation with no detail overlooked. Thoughtfully balancing original character with modern comfort, it offers a stylish and functional environment ...

Get more info on this property
rei

4

rei

2

rei

2

House

Canterbury 8024


116 Somerfield St, Somerfield

$709,000

property pic

Penthouse Level Living! New Homes in Somerfield

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 which leads into a large, north-facing outdoor living area, with the penthouse apartment's balcony leading from the bedroom. Each home ...

Get more info on this property
rei

2

rei

1

rei

0

Townhouse

Canterbury 8024


14 Stenness Ave, Somerfield

$800,000

property pic

Refined Elegance in the Heart of Somerfield

Welcome to this architecturally designed, high-end boutique townhouse development in the sought-after suburb of Somerfield. Designed with both luxury and lifestyle in mind, these exceptional residences showcase sophisticated finishes, thoughtful detailing, and premium comfort throughout. ...

Get more info on this property
rei

3

rei

2

rei

1

Townhouse

Canterbury 8024


3 Cooke St, Somerfield

$730,000

property pic

High Performance Townhouses on Cooke St

Cocreated builds homes that perform better. Our high-performance, energy-efficient homes prioritise comfort and sustainability—delivering long-term value for homeowners and the planet. High performance features - Designed for Efficiency, Sustainability & Long term performance. ...

Get more info on this property
rei

2

rei

2

rei

0

Townhouse

Canterbury 8024


27c Studholme St, Somerfield

$1,049,500

property pic

Stylish New Build in Cashmere School Zone

**This House & Land Package is eligible for our Golden Homes Canterbury $10,000 Smart-Pay package** For 40 weeks, starting from building consent, we gift you $250 per week. That's $10,000 in your pocket during construction to use however you like! To cover rent, interest payments, or treat ...

Get more info on this property
rei

3

rei

2

rei

0

House

Canterbury 8024


Navigate to more Suburbs, Regions or States