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

1/25 Fairview St, Somerfield

$739,000

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Single-Level Living, Great Location!

If you're looking for a low-maintenance home in a great location, this standalone brick townhouse is worth a look. With permanent brick construction, single-level living and a great location, these properties will appeal to a wide range of buyers. One of the real advantages ...

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Townhouse

Canterbury 8024


2/25 Fairview St, Somerfield

$729,000

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North-Facing, Single-Level Living!

If you're looking for a low-maintenance home with great sun and a convenient location, this two-bedroom townhouse is well worth a look. This brick townhouse offers two double bedrooms, one bathroom and the added convenience of an internal access single garage. The kitchen, ...

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Townhouse

Canterbury 8024


3/25 Fairview St, Somerfield

$749,000

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Private Rear Position with Extra Parking!

Privacy, single-level living and the bonus of extra off-street parking are just some of the reasons why this rear townhouse deserves your attention. Tucked away at the back of the development, this home offers an excellent opportunity for buyers wanting a little more privacy without giving up the ...

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Townhouse

Canterbury 8024


8/95 Lyttelton St, Somerfield

$375,000

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Brand-New Secure Home in Somerfield for $375,000

Stop renting and start owning. Modern new-build homes in Somerfield for $375,000 through Secure Home. These thoughtfully designed 2-bedroom homes at Three Lanes combine modern living with everyday convenience. The open-plan kitchen, dining and living area creates a welcoming space to ...

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Townhouse

Canterbury 8024


6/95 Lyttelton St, Somerfield

$490,000

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Ready Now Secure Home in Somerfield for $490,000

More room to grow. Modern 3-bedroom homes in Somerfield for $490,000 through Secure Home. These modern 3-bedroom homes at Three Lanes offer the perfect balance of space, comfort and convenience. Thoughtfully designed for modern living, they provide room for growing families, working ...

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Townhouse

Canterbury 8024


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