Highfield Property Market And House Prices

Suburb of Timaru 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 Highfield, Timaru District

Average House Value

2.7%
$599,800

Average Rent

$490

Estimated Yield

4.2%

Long Term Capital Growth

6.8%

Ed's Insights

Highfield is a suburb in Timaru District.

3,534 people currently live in Highfield. 22.4% of these people rent.

The average house value in Highfield is $599,800.

That’s down -3.6% from from 2 years ago.

The median rent in Highfield is $490.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.7%
$599,800

Median Days to Sell

42

Properties listed for sale in the last month

9

Properties sold in the last 12 months

66

Insights

The average house value in Highfield is $599,800.

On average it takes 42 days to sell a house.

All up 66 properties were sold in Highfield over the last year, and 9 properties were listed for sale in the last month.

Rental Data

Median Rent

$490

Rental properties listed last year

345

Rental properties listed last month

24

Median days to rent

21
BedroomsRentChange
2 Bedrooms
$450/week7.1%
3 Bedrooms
$540/week9.1%

Insights

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

Demographic Info

What do tenants in Highfield want?

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

47.4% of tenants in the suburb rent properties with 3 bedrooms.

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

48.0% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Highfield?

How many Cars do renters have in Highfield?