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Investment Property Timaru, Canterbury

Suburb Snapshot

Timaru is a suburb in the Timaru Region of Canterbury. Timaru has a population of 400 people and 40.43% of its occupants live in rental accommodation. The median listing price for houses is $569,000 and this has changed 1.61% over the past year and changed 12.22% over 2 years.

The median rent in Timaru for houses is $500 per week and the median rental yield is 4.57%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 144 days.The median listing price for units is $414,000 and this has changed 4.81% over the past year. The average unit takes 101 days to sell and the median rent for a unit in Timaru is $400 per week, producing a rental yield of 5.02%.

Supply & Demand in Timaru, Timaru

43,835

Population


25.17%

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 Timaru, Timaru

  House Townhouses Units
Median listing price $569,000 NA $414,000
Median price change - last quarter -1.71% NA -2.59%
Median price change - 1 year 1.61% 4.81% 4.81%
Median price change - 2 years 12.22% NA 5.05%
  House Townhouses Units
Median weekly rent $500 $485 $400
Median yield % 4.57% NA 5.02%
Median rent change - 1 year 8.70% 7.78% 5.26%
  House Units
Average days on market 144 101

Timaru investment property listings

Showing 5 of 67 investment properties found in Timaru on realestateinvestar.co.nz

336 Rosewill Valley Rd, Timaru

$1,550,000

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Hilltop Scale With Luxury Detail - 7.7 Hectares

Completed in 2023, this elevated lifestyle home offers uninterrupted 360-degree views and a sense of privacy that's hard to match. Thoughtfully positioned to embrace its natural surroundings, the property delivers an exceptional blend of comfort, style and modern efficiency. Designed with everyday ...

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Canterbury 7975


1 Balmoral St, Timaru

$585,000

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Elevated, Sunny and Move-In Ready

Positioned proudly on an elevated site with a calming outlook, 1 Balmoral Street is a home that's been updated where it counts and is ready for its next owner to simply move in and enjoy. The living is easy here. Open-plan and filled with natural light, centred around a modernised kitchen ...

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Canterbury 7910


18 Elgin St, Timaru

$990,000

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Tranquil coastal oasis with breathtaking views

Prepare to fall in love as you explore this remarkable property - our vendors have created a warm and inviting home in a setting that is sure to take your breath away. Situated just minutes from the town boundary, this 140sqm 3-bedroom, 1-bathroom home seamlessly blends old with new, ...

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Canterbury 7971


33 Lynch Rd, Timaru

$1,100,000

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Lifestyle, space & shedding!

Set on 1.25 hectares on sought-after Lynch Road, this well-appointed three-bedroom home offers space, versatility, and lifestyle appeal. Inside, you'll find generous living complemented by a large rumpus room and separate games room - perfect for families or entertaining. The home has been ...

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Canterbury 7973


214 Rosebrook Rd, Timaru

$1,015,000

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Price Reduction !

Offering the perfect balance between location, privacy and views, this picturesque rural lifestyle property has so much to offer. Nestled in private, well-maintained gardens, this unique and wonderful family friendly home is a short 15-minute drive from Timaru CBD and is located in the ...

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Canterbury 7974


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