Methven Property Market And House Prices

Suburb of Ashburton District

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 Methven, Ashburton District

Average House Value

3.4%
$642,250

Average Rent

$500

Estimated Yield

4.0%

Long Term Capital Growth

Not enough data available

Ed's Insights

Methven is a suburb in Ashburton District.

2,211 people currently live in Methven. 28.5% of these people rent.

The average house value in Methven is $642,250.

That’s down -2.4% from from 2 years ago.

The median rent in Methven is $500.

Market Insight - Median House Price Trend

Sales Data

Average House Value

3.4%
$642,250

Median Days to Sell

35

Properties listed for sale in the last month

8

Properties sold in the last 12 months

72

Insights

The average house value in Methven is $642,250.

On average it takes 35 days to sell a house.

All up 72 properties were sold in Methven over the last year, and 8 properties were listed for sale in the last month.

Rental Data

Median Rent

$500

Rental properties listed last year

64

Rental properties listed last month

9

Median days to rent

21

Insights

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

Demographic Info

What do tenants in Methven want?

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

43.7% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Methven is 1 car.

41.0% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Methven?

How many Cars do renters have in Methven?