Somerfield Property Market And House Prices

Suburb of Christchurch City

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 Somerfield, Christchurch City

Average House Value

3.6%
$745,400

Average Rent

Not enough data available

Estimated Yield

Not enough data available

Long Term Capital Growth

6.3%

Ed's Insights

Somerfield is a suburb in Christchurch City, Canterbury. Not all data is currently available for Somerfield. But this page summarises the data we do have.

Market Insight - Median House Price Trend

Sales Data

Average House Value

3.6%
$745,400

Median Days to Sell

28

Properties listed for sale in the last month

19

Properties sold in the last 12 months

88

Insights

The average house value in Somerfield is $745,400.

On average it takes 28 days to sell a house.

All up 88 properties were sold in Somerfield over the last year, and 19 properties were listed for sale in the last month.

Rental Data

Median Rent

Not enough data available

Rental properties listed last year

216

Rental properties listed last month

16

Median days to rent

21
BedroomsRentChange
2 Bedrooms
$549/week3.7%

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?