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

1/47a Ashgrove Tce, Somerfield

$799,000

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Exceptional Value in a Sought-After Community

Located in one of the greenest suburbs of Christchurch, this home is zoned for excellent schools, including Cashmere High and Thorrington Primary School. PROPERTYFILES: copy and paste the link: https://www.propertyfiles.co.nz/property/L37826494 VIEWING: Call Sharon to arrange a ...

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House

Canterbury 8024


87 Milton St, Somerfield

$700,000

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Smart Design, Prime Location, Unrivalled Schooling

Welcome to 87 Milton Street, Somerfield — a boutique development of seven quality-spec three-bedroom townhouses, ideally positioned in a quiet residential street and zoned for the highly sought-after Cashmere High School. Thoughtfully designed for modern living, each home features ...

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Townhouse

Canterbury 8024


C&D/135 Somerfield St, Somerfield

$1,250,000

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Superhomes for Sale

(Only 2 Left) (one stand-alone, and one semi-detached), from award-winning Bob Burnett Architecture. Superhome A & C SOLD Superhome B & D AVAILABLE Availabilty : Superhome A: SOLD Superhome B: 3 Bedrooms (multi-use on Gnd Floor), 2 Bathrooms, 1 car ...

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House

Canterbury 8024


4/134 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. Get in quick to secure your ...

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Townhouse

Canterbury 8024


5/45 Studholme St, Somerfield

$699,000

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Rear Standalone Unit with Downstairs Master!

Brought to life by the trusted team at M Group Properties, this boutique collection of five executive townhouses blends architectural design with everyday functionality-setting a new benchmark for premium living in the heart of Somerfield. With frames now up, completion is well on track for May ...

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Townhouse

Canterbury 8024


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