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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 62 investment properties found in Timaru on realestateinvestar.co.nz

1/57 Marston Rd, Timaru

$318,000

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Solid Starter with Plenty of Potential

This solid brick Kensington home offers a fantastic opportunity for first-home buyers or those looking to add value. With a generous floor area, the home features two large bedrooms, timber flooring, spacious living and dining areas, a practical kitchen, heat pump, family bathroom and separate ...

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Canterbury 7910


4 Buchanan St, Timaru

$425,000

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Don't Let This One Fool You!

Don't be fooled by the charm of this quaint cottage! Combined with a surprisingly spacious interior and an expansive outdoor setting, and ideally positioned in sought-after Parkside, the home centres around a generous semi-open plan kitchen, dining and living area, offering flexible layout options ...

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House

Canterbury 7910


95A Andrew St, Timaru

$489,000

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Sunshine, space – practicality, Privacy!

Buying your first home should be exciting—and with the major upgrades already taken care of 95a Andrew Street gives you plenty to look forward to. Our fastidious vendor has put care and attention into creating a light, bright and beautifully presented home. Now ready for his next chapter, he ...

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Canterbury 7910


2/8 Bayview Pl, Timaru

$825,000

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Move-In-Ready - Spacious Townhouse

Position, presentation and easy-care living - this is an opportunity not to be missed! Set in a sought-after area of Timaru, this well-presented townhouse delivers the space, comfort and convenience buyers are looking for, with excellent storage, double garaging and the added bonus of ...

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Canterbury 7910


92 Timaru-Pareora Hwy, Timaru

$729,000

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The Best of Both Worlds - Lifetyle Close To Town

Welcome to 92 Timaru-Pareora Highway, Salisbury, a charming lifestyle property that offers the perfect blend of comfort and rural charm. Nestled on an expansive 1.9639 hectares (more or less), this well-maintained home is ideal for families seeking space and tranquility. This spacious ...

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Other

Canterbury 7971


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