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

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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House

Canterbury 7910


1 Cardiff St, Timaru

$680,000

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Seriously for Sale – CCC Issued

The wait is over. The Code Compliance Certificate has now been issued, and this outstanding property is now seriously for sale. If you're looking for a home where every major improvement has already been completed, this is one you'll want to inspect. Comprehensively renovated throughout, ...

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House

Canterbury 7910


4 Brunswick St, Timaru

$399,000

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Solid home with flexible family living

Built to stand the test of time, this solid double brick home combines dependable construction with thoughtful modern updates, creating a warm and inviting place to call home. Inside, you'll find three comfortable bedrooms and a recently renovated bathroom, while the refreshed kitchen ...

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House

Canterbury 7910


3/46 Arthur St, Timaru

$320,000

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Easy care living

Convenient, low-maintenance living in a location that puts everything within easy reach. Whether you're looking for your first home, a smart investment, a comfortable place for two, or a lock-and-leave property, this well-positioned two-bedroom unit in Seaview is well worth a look. ...

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Unit

Canterbury 7910


Timaru-Pleasant Point Hwy, Timaru

$1,000,000

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Prime bare land - Outstanding location

This 34.1 hectare parcel of quality bare land presents an excellent opportunity for purchasers seeking a well-located and productive farming property. Situated approximately 400 metres from Washdyke on the Timaru-Pleasant Point Highway, the property offers both convenience and rural appeal. ...

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Rural

Canterbury 7910


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