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

50 Hassall St, Timaru

$355,000

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Add Value - Not Just Paint

Held by the same family for more than 40 years, this home now presents an opportunity to add value through renovation, redecoration, redevelopment, or improvement, whether that's for resale, rental, or long-term ownership. The layout provides a practical starting point. From the front ...

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Canterbury 7910


801 Rolling Ridges Rd, Timaru

$975,000

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Vendor Says Sell! - 1.5 Hectares

Our vendor is highly motivated and has made it clear they are ready to see a result. This well-presented four bedroom Lockwood home offers an outstanding opportunity for buyers seeking space, comfort and lifestyle living on the desirable Rolling Ridges Road. Inside, the home provides all the ...

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Other

Canterbury 7975


23 Sefton St, Timaru

$789,000

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Character, Location and a Vendor Ready to Sell

Positioned in a sought-after inner-city location, within easy walking distance of Caroline Bay, the CBD, cafes and restaurants, this beautifully renovated and maintained property combines character, space and modern living in one very complete package. •Three generous bedrooms •Two ...

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House

Canterbury 7910


44 Arun St, Timaru

$570,000

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Run to Arun

Sunny, stylish, and perfectly suited to family living, this exceptionally well-presented three bedroom home offers comfort, practicality, and fantastic outdoor entertaining. Thoughtfully updated throughout, the home features a modern renovated kitchen with gas cooking, a Haier ...

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House

Canterbury 7910


274B Otipua Rd, Timaru

$850,000

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A Highfield home that has it all

We are delighted to bring to market this substantial and wonderfully versatile home in the sought-after Highfield suburb of Timaru. Offering an impressive 311sqm (more or less) of floor area, this is a property where space, comfort and flexibility come together beautifully. With five ...

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Canterbury 7910


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