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

3A Roberta Dr, Somerfield

$490,000

property pic

A Fresh Start!

$490,000 OPEN HOMES: Sat, 18 Apr 1:00pm - 1:30pm Sun, 19 Apr 1:00pm - 1:30pm Now, finally, all EQC repairs are completed and signed off! This Little Gem is Ready and Waiting! The open plan layout combines the modern kitchen with the dining and ...

Get more info on this property
rei

2

rei

1

rei

1

Unit

Canterbury 8024


1/80 Milton St, Somerfield

$529,000

property pic

First Home or Investment in Cashmere High Zone

Step into modern living with this stylish, contemporary townhouse-an ideal opportunity for savvy investors or those looking to secure their first home in a sought after location. Positioned within the highly desirable Cashmere High School and Christchurch South Intermediate zones, this property ...

Get more info on this property
rei

2

rei

1

rei

0

Townhouse

Canterbury 8024


5 Ashbrook La, Somerfield

$859,000

property pic

Private Riverside Retreat

Stunningly positioned on a peaceful and secluded 819m² section, this beautifully presented single-level home offers two bedrooms plus a study (in garage), two bathrooms, and a truly special setting with its own stream boundary flowing into the Heathcote River. Tucked away in a quiet, private ...

Get more info on this property
rei

2

rei

2

rei

0

House

Canterbury 8024


4/134 Barrington St, Somerfield

$569,000

property pic

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. 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 ...

Get more info on this property
rei

2

rei

2

rei

0

Townhouse

Canterbury 8024


261a Ashgrove Tce, Somerfield

$869,000

property pic

Yes, I am available!

Located in one of Christchurch's most desirable pockets, 261a Ashgrove Terrace is a home worth viewing. Offering three bedrooms and designed for easy-care living, it sits in a peaceful part of Somerfield, just moments from the shops and cafés of Cashmere and close to picturesque river walks. ...

Get more info on this property
rei

3

rei

1

rei

2

House

Canterbury 8024


Navigate to more Suburbs, Regions or States