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

540 Fairview Rd, Timaru

$919,000

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A Country Escape

This stunning country home is set on 8,253sqm (more or less) with a comfortable 190 sqm (more or less) of living space, located a quick drive from Timaru central. This block would be perfect for young family's looking to make their move into the country and live and more self-sustainable ...

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Canterbury 7972


10 Catherine St, Timaru

$550,000

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Think Outside the Box - A Must View

Have I got the deal for you! A lock-and-leave, two-level apartment with a trendy, modern vibe is available within walking distance to the hospital, school, supermarket and the gorgeous Botanical Gardens - extremely well-positioned for new locals to get to know their neighbourhood on the stroll to ...

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Canterbury 7910


38A Mahoneys Hill Rd, Timaru

$769,000

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Completed + 10 Year Master Build - Move in Now

* Ensuite * Double Garage * Fully Landscaped * Stone Benchtop * Study Nook * 10 Year Master Build Guarantee This three double bedroom home with a double garage has been designed to maximise space and sun. The North-facing open plan living,dining and kitchen ...

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House

Canterbury 7910


23 Usk St, Timaru

$449,000

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He's done the work, so you don't have to!

This solid, three-bedroom brick home is the perfect start for first home buyers or a smart addition to any investment portfolio. Lovingly maintained and thoughtfully updated by its current owner, all the hard work has been done - simply move in and enjoy! Recent Upgrades Include: ...

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House

Canterbury 7910


1/183A Wai-iti Rd, Timaru

$489,000

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Simply Super in Size and Stature

Supersized and in a super location close to schooling and Highfield Mall, this fantastic property has been renovated and redecorated throughout and is super warm. - Two spacious double bedrooms with wardrobes - Large rumpus/utility room with second toilet and external access - ...

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Canterbury 7910


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