Somerfield Property Market And House Prices
Suburb of Christchurch City
Author: Ed McKnight
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 Somerfield, Christchurch City
Key house price data for Somerfield, Christchurch City
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Somerfield is a suburb in Christchurch City.
6,606 people currently live in Somerfield. 26.5% of these people rent.
The average house value in Somerfield is $758,300.
That's up 3.5% from 2 years ago.
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 Somerfield is $758,300.
On average it takes 27 days to sell a house.
All up 157 properties were sold in Somerfield over the last year, and 21 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
| Bedrooms | Rent | Change |
|---|---|---|
2 Bedrooms | $530/week | 1.4% |
3 Bedrooms | $650/week | 8.3% |
Insights
There is no rental data available for Somerfield at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Somerfield want?
The most popular number of bedrooms a tenant rents in Somerfield is 3 bedrooms.
38.3% of tenants in the suburb rent properties with 3 bedrooms.
The most popular number of cars in Somerfield is 1 car.
43.5% of residents in the suburb own 1 car.
How many Bedrooms do renters have in Somerfield?
How many Cars do renters have in Somerfield?
Current Property Listings
This property market information is for your general information. It’s not financial advice. See here for details about our Financial Advice Provider Disclosure. So Opes isn’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But property markets change, and we occasionally get the odd fact wrong. Make sure you do your own research or talk to a financial adviser before making any investment decisions.
You might like to use us or another financial adviser.