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

117 Somerfield St, Somerfield

$669,000

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POISED FOR POSSIBILITIES

Placed on 921.0m² lot, this north facing property will undoubtedly capture the attention from those who appreciate value in this premium location. A proposition that will attract first home buyers, families, investors and developers in the first instance. Zoned RMD and included in the Residential ...

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3

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House

Canterbury 8024


TH1/9 Frankleigh St, Somerfield

$589,000

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Standalone in the Zone

Welcome to 9 Frankleigh Street — a boutique development in Somerfield offering eight quality freehold homes. Thoughtfully designed for modern, low-maintenance living, these homes are ideal for first-home buyers, downsizers, and smart investors. Key Features - Priced $31,000 Under ...

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Townhouse

Canterbury 8024


169 Selwyn St, Somerfield

$595,000

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2 bed, 2 bath homes in Somerfield! From $595K

*Estimated Completion: December 2026* **Welcoming you to 169 Selwyn Street, Somerfield.** A boutique release of four architecturally designed homes, offering the perfect blend of convenience and relaxed suburban living. These exclusive residences feature two-bedrooms and ...

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Townhouse

Canterbury 8024


87 Milton St, Somerfield

$700,000

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Quiet, Stylish Living Built to Last

Discover 7 thoughtfully designed townhouses at 87 Milton Street, set in one of Christchurch's most desirable suburbs. Each home features 3 bedrooms, 2 bathrooms, contemporary finishes, quality appliances, and light-filled open-plan living flowing seamlessly to private outdoor spaces. ...

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Townhouse

Canterbury 8024


C&D/135 Somerfield St, Somerfield

$1,250,000

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Superhome for Sale (only one left)

Superhome for Sale (Only 1 Left) Stand-alone home, with semi-detached garage designed by award-winning Bob Burnett Architecture. Superhome A, C & D are SOLD Superhome B is still AVAILABLE 3 Bedrooms (multi-use on Gnd Floor), 2 Bathrooms, 1 car Garage, Enquiries over ...

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House

Canterbury 8024


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