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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

98 Timaru-Pareora Hwy, Timaru

$719,000

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Lifestyle on the edge of town!

If you've been dreaming of a bit more space without giving up the convenience of town, this property is well worth your attention. Set in an elevated position with a manageable 3814sqm parcel of land offering room for the family and even a few farmyard friends. The 1960s 4 bedroom home ...

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Canterbury 7971


2/318 Church St, Timaru

$415,000

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Smart Start in a Top Spot...

Positioned in a sought-after location close to town, this well-built 1970s unit offers comfort, space, and exciting opportunity. Featuring two bedrooms, the home is presented in neutral décor with new vinyl and carpet throughout, creating a fresh and tidy feel. The practical layout provides ...

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Canterbury 7910


30 Market St, Timaru

$579,000

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Big Garaging, Big Upgrades, Big Opportunity

Tucked away down a private rear driveway, 30 Market Street delivers a combination that's hard to find - serious garaging, a fully refreshed interior, and a family-friendly setting. The home has been comprehensively remodelled, redecorated, and revitalised, meaning the hard work has already ...

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House

Canterbury 7910


6A Brunswick St, Timaru

$389,000

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First Home – First Investment – First Flip

Calling all first home buyers, investors, or flippers. This beauty, keeping some of its original 1920's characteristics and being situated in the heart of Timaru, offers complete convenience to central town with a blank canvas exterior to further enhance, or add value. The interior has ...

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House

Canterbury 7910


119B Church St, Timaru

$520,000

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Little gem - Tidy and low maintenance

This charming sunny two bedroom unit is centrally located and sits in a lovely garden setting. Built with permanent materials, the home offers easy-care living with an open-plan kitchen, dining and lounge, a separate bathroom, toilet and laundry. There is a single internal access ...

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Unit

Canterbury 7910


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