Somerville Property Market And House Prices

Suburb of Auckland

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for Somerville, Auckland

Average House Value

-3.8%
$1,431,700

Average Rent

$790

Estimated Yield

2.9%

Long Term Capital Growth

5.9%

Ed's Insights

Somerville is a suburb in Auckland.

3,894 people currently live in Somerville. 18.6% of these people rent.

The average house value in Somerville is $1,431,700.

That’s down 8.7% from from 2 years ago.

The median rent in Somerville is $790.

Market Insight - Median House Price Trend

Sales Data

Average House Value

-3.8%
$1,431,700

Median Days to Sell

38

Properties listed for sale in the last month

5

Properties sold in the last 12 months

33

Insights

The average house value in Somerville is $1,431,700.

On average it takes 38 days to sell a house.

All up 33 properties were sold in Somerville over the last year, and 5 properties were listed for sale in the last month.

Rental Data

Median Rent

$790

Rental properties listed last year

10,719

Rental properties listed last month

989

Median days to rent

21
BedroomsRentChange
1 Bedroom
$470/week4.4%
2 Bedrooms
$590/week1.7%
3 Bedrooms
$720/week2.9%
4 Bedrooms
$840/week1.2%

Insights

There is no rental data available for Somerville at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Somerville want?

The most popular number of bedrooms a tenant rents in Somerville is 3 bedrooms.

56.7% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Somerville is 2 cars.

47.7% of residents in the suburb own 2 cars.

How many Bedrooms do renters have in Somerville?

How many Cars do renters have in Somerville?