Merivale Property Market And House Prices
Suburb of Christchurch City
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.
Key house price data for Merivale, Christchurch City
Key house price data for Merivale, Christchurch City
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Merivale is a suburb in Christchurch City.
4,350 people currently live in Merivale. 33.2% of these people rent.
The average house value in Merivale is $1,498,600.
That’s down 1.6% from from 2 years ago.
The median rent in Merivale is $565.
Market Insight - Median House Price Trend
Sales Data
Average House Value
Median Days to Sell
Properties listed for sale in the last month
Properties sold in the last 12 months
Insights
The average house value in Merivale is $1,498,600.
On average it takes 37 days to sell a house.
All up 78 properties were sold in Merivale over the last year, and 23 properties were listed for sale in the last month.
Rental Data
Median Rent
Rental properties listed last year
Rental properties listed last month
Median days to rent
Insights
There is no rental data available for Merivale at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Merivale want?
The most popular number of bedrooms a tenant rents in Merivale is 2 bedrooms.
58.0% of tenants in the suburb rent properties with 2 bedrooms.
The most popular number of cars in Merivale is 1 car.
51.0% of residents in the suburb own 1 car.