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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 $425,000 and this has changed 3.91% over the past year and changed 7.77% over 2 years.

The median rent in Timaru for houses is $400 per week and the median rental yield is 4.89%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 80 days.The median listing price for units is $299,000 and this has changed 0.00% over the past year. The average unit takes 60 days to sell and the median rent for a unit in Timaru is $330 per week, producing a rental yield of 5.74%.

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 $425,000 NA $299,000
Median price change - last quarter 0.00% 0.00% 0.33%
Median price change - 1 year 3.91% 0.00% 0.00%
Median price change - 2 years 7.77% 7.40% 3.46%
  House Townhouses Units
Median weekly rent $400 $370 $330
Median yield % 4.89% NA 5.74%
Median rent change - 1 year 8.11% 2.78% 10.00%
  House Units
Average days on market 80 60

Timaru investment property listings

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

19 William St, Timaru

$849,000

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Central Family Home

Built in 2006 this is a genuine five double bedroom home with two bathrooms. All the mod cons including double glazing throughout. The internal walls and ceilings have been freshly painted and the carpets are in great condition. This is a home for the entertainer as well as the family ...

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Canterbury 7910


152 Beaconsfield Rd, Timaru

$750,000

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Affordable lifestyle minutes from Timaru

A must view for families needing more space or anyone wanting to live a more sustainable lifestyle. This solidly built 1970 Summerhill stone home in original condition has had one owner from new and presents an awesome opportunity for new owners to make it their own. Featuring a cosy ...

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Other

Canterbury 7972


25 Arthur St, Timaru

$399,000

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Awesome on Arthur

This 1960's solid brick home is ready to be snapped up - perfect for a first home or investor. The property is Healthy Home ready and comes with three good-sized bedrooms, an open plan kitchen, a dining and a separate lounge. Heating is taken care of with 2 heat pumps. Close ...

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Canterbury 7910


59 Otipua Rd, Timaru

$450,000

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SOLID POTENTIAL

This is great value buying and interest is sure to be high. Built to last in the '30s of solid brick and standing on a flat, fenced and freehold 938sm section (with subdivision potential). Three bedrooms, (the front two have been double glazed) and all have built-in wardrobes. Open plan kitchen, ...

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Canterbury 7910


4/36 Virtue Ave, Timaru

$350,000

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Desirable Unit - Prime Location

A spacious well presented, two bedroom unit located in a perfect position within easy walking distance of Caroline Bay, C-Bay and town. Featuring a modern 'Barrett Joinery' kitchen, heat pump and adjoining dining area all of which receive lovely morning sun and have ranch slider access ...

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Canterbury 7910


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