Strathern Property Market And House Prices

Suburb of Invercargill 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 Strathern, Invercargill City

Average House Value

6.7%
$389,600

Average Rent

$450

Estimated Yield

6.0%

Long Term Capital Growth

8.9%

Ed's Insights

Strathern is a suburb in Invercargill City.

3,405 people currently live in Strathern. 33.1% of these people rent.

The average house value in Strathern is $389,600.

That’s down -4.1% from from 2 years ago.

The median rent in Strathern is $450.

Market Insight - Median House Price Trend

Sales Data

Average House Value

6.7%
$389,600

Median Days to Sell

27

Properties listed for sale in the last month

18

Properties sold in the last 12 months

82

Insights

The average house value in Strathern is $389,600.

On average it takes 27 days to sell a house.

All up 82 properties were sold in Strathern over the last year, and 18 properties were listed for sale in the last month.

Rental Data

Median Rent

$450

Rental properties listed last year

74

Rental properties listed last month

10

Median days to rent

21

Insights

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

Demographic Info

What do tenants in Strathern want?

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

47.3% of tenants in the suburb rent properties with 3 bedrooms.

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

50.7% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Strathern?

How many Cars do renters have in Strathern?