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

3 Roberta Dr, Somerfield

$425,000

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Location, Lifestyle & An Opportunity!!

Negotiable Over $425,000 OPEN HOME: Sat, 18 Jul 11:30am - 12:00pm Whether you're stepping onto the property ladder, looking to downsize or seeking a smart investment opportunity, this well-positioned one-bedroom home offers comfort, convenience and plenty of potential. ...

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Unit

Canterbury 8024


2/35 Leitch St, Somerfield

$635,000

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Luxury, Spacious And In Zone!

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


1/40 Frankleigh St, Somerfield

$619,000

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Character & Comfort in a Location You'll Love

If you've been searching for your first home in a location that offers lifestyle, convenience and future potential, this charming Somerfield property deserves your attention. Beautifully refreshed while retaining the character that makes these homes so sought after, this classic beauty ...

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House

Canterbury 8024


5/28 Deloraine St, Somerfield

$739,000

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Find Us Another 4 Bedroom Townhouse? This Is It!

Please follow the link below to download the property file: https://www.propertyfiles.co.nz/property/36281436 Attention! All home owners and investors, let us introduce you 5/28 Deloraine Street: this is not just a townhouse, it is statement of craftsmanship and lifestyle, offering an ...

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Townhouse

Canterbury 8024


1/35 Leitch St, Somerfield

$650,000

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Architectural Single Level Masterpiece

Be the first to enjoy this beautifully designed, brand-new architecturally crafted townhouse, offering effortless modern living on a freehold section. Thoughtfully designed on a single level, this stylish home combines comfort, convenience, and low-maintenance living in a highly ...

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Townhouse

Canterbury 8024


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