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Investment Property Merivale, Canterbury

Suburb Snapshot

Merivale is a suburb in the Christchurch Region of Canterbury. Merivale has a population of 4,041 people and 38.48% of its occupants live in rental accommodation. The median listing price for houses is $1,699,000 and this has changed -2.86% over the past year and changed 10.00% over 2 years.

The median rent in Merivale for houses is $705 per week and the median rental yield is 2.16%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $599,000 and this has changed -14.31% over the past year. The average unit takes 88 days to sell and the median rent for a unit in Merivale is $500 per week, producing a rental yield of 4.34%.

Supply & Demand in Merivale, Christchurch

332,476

Population


33.38%

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 Merivale, Christchurch

  House Townhouses Units
Median listing price $1,699,000 $777,500 $599,000
Median price change - last quarter -1.39% 3.49% -9.10%
Median price change - 1 year -2.86% -14.31% -14.31%
Median price change - 2 years 10.00% -7.90% 14.68%
  House Townhouses Units
Median weekly rent $705 $600 $500
Median yield % 2.16% 4.01% 4.34%
Median rent change - 1 year 1.44% 1.69% 4.17%
  House Units
Average days on market 55 88

Merivale investment property listings

Showing 5 of 84 investment properties found in Merivale on realestateinvestar.co.nz

47B Browns Rd, Merivale

$1,049,000

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Brand New! Central and Convenient

Located on the Merivale / St Albans fringe this townhouse designed by Figure & Ground is simply stunning and is constructed to the highest of standards. Brand new spacious 3-bedroom (en-suite to the master) floor plan with single internal access garage. Very well proportioned indeed. ...

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Townhouse

Canterbury 8014


5/20 Rhodes St, Merivale

$1,375,000

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Next Home Purchased

My owner is not here to test the market. With the next home purchased already, to blend two families together, this near new home is available for a savvy buyer who appreciates location and a quality home. The spaciousness of this property makes it better than other similar properties ...

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Townhouse

Canterbury 8014


39A McDougall Ave, Merivale

$2,579,000

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Merivale at Its Most Considered

To view documentation in relation to this property, please copy and paste the link into your web address bar: https://bit.ly/4k8nYFF With its prized and private position in central Merivale, this residence takes a design-forward approach to form and flow, with architecture that is ...

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House

Canterbury 8014


47A Browns Rd, Merivale

$1,099,000

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CBHS' & CGHS' Zoned Home with Garage!

Brand new spacious 3-bedroom home; master with walk-in robe plus ensuite, bedroom 2 has a walk-in robe, bedroom 3 has a standard wardrobe, family bathroom with bath, shower, toilet and double sink vanity. Sun blessed north orientation, spacious open plan living spaces with seamless flow ...

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Townhouse

Canterbury 8014


12 Rhodes St, Merivale

$2,240,000

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Luxury Beyond Limits

Positioned within one of Merivale's most accomplished architectural collections, this three-bedroom residence is bold in form yet considered in every detail. Shaped by Case Ormsby and refined through the interior lens of Samantha Tuuta and Cameron Foggo, the flawless design responds to its ...

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House

Canterbury 8014


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