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

18 Elgin St, Timaru

$1,195,000

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Tranquil coastal oasis with breathtaking views

Prepare to fall in love as you explore this remarkable property - our vendors have created a warm and inviting home in a setting that is sure to take your breath away. Situated just minutes from the town boundary, this 140sqm 3-bedroom, 1-bathroom home seamlessly blends old with new, ...

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Canterbury 7971


3/56 Grey Rd, Timaru

$299,950

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Updated, easy-care and affordable unit

Well located within walking distance to Timaru's CBD and Caroline Bay, this refreshed 2 bedroom unit is looking for its new owner. The home has been freshly painted throughout and comprises 2 bedrooms with built-in robes, tidy bathroom, and a brand new kitchen with excellent flow to ...

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Canterbury 7910


4 Rata Pl, Timaru

$569,000

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Retire to Resplendent Rata Place

Meticulously maintained upon a fantastically flat section, this immaculately presented townhouse is the perfect blend of comfort, style, and low-maintenance living, and is a real credit to the current owners. Beautifully upgraded throughout, this two-bedroom gem is move-in ready. The ...

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House

Canterbury 7910


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


336 Wai-iti Rd, Timaru

$535,000

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As warm as!

No need to feel the winter chill with this family-sized sun trap…and when the sun's not shining, there's a heat pump and wetback log fire to ensure you are never cold. Tucked down a back section this home show's its owners' attention to detail and maintenance, with the just-painted ...

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House

Canterbury 7910


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