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

10 Grants Rd, Timaru

$489,000

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Refreshed, Renovated and Now Ready

This beautifully renovated home is perfect for first-time buyers or savvy investors. Reconfigured and upgraded to a high standard, making it ready for its next fortunate owner. After months of hard work and dedication, it's now on the market! The home features three bedroom areas, a ...

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Canterbury 7910


335 Wai-iti Rd, Timaru

$459,000

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Super Spacious! Great Value!

Fantastic opportunity if you are looking to downsize, buy your first home or add to your investment portfolio. Located in the popular suburb of Glenwood, this immaculately presented two-bedroom gem is move-in ready. The street appeal will pique your interest, and your first glimpse will be ...

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Unit

Canterbury 7910


3/17 Oxford St, Timaru

$365,000

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Darling Downsizer

A super sunny and spacious unit in a popular location. Comprising of two double bedrooms, each with a wardrobe. Semi open-plan kitchen/dining room leading through to the lounge/living area (heated via a heat pump) and north facing patio. The vibrant front garden and courtyard area is ideal ...

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Canterbury 7910


48 Bowker St, Timaru

$599,000

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Family Perfect with Garaging

Perfectly positioned upon an expansive 809m2 level section that has been purposefully designed, extended, and landscaped over the years to cater for family living situations of all ages and stages. The great street appeal has been accented with privacy fencing at the front to create a sheltered ...

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House

Canterbury 7910


20 Devon St, Timaru

$485,000

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Initial Abode or Asset Accumulation

Delightfully sited with an elevated city outlook and the proficient capture of all day sun, this home has been proudly owned for over 40 years, but it is now time for the next family to create their legacy, or for a lucky investor to reap the benefits. The kitchen has been updated over the ...

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Canterbury 7910


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