49 Onslow Street, Merivale, Christchurch
Discover boutique living at its finest at 49 Onslow Street, a thoughtfully crafted collection of twenty architecturally designed homes in the heart of Merivale. This premium development offers a range of layouts to suit various lifestyles, including single-level one-bedroom townhouses with carparks, two-bedroom, two-bathroom options with or without parking, and generous three-bedroom, three-bathroom residences complete with internal access garages, private lifts, and balconies. Each home is finished with standout materials like Canterbury Clay brick and bronze tray cladding, with interiors featuring designer kitchens, premium European appliances, Smeg fittings, blackout blinds, and integrated LG washer-dryer units.
Positioned on a quiet street in one of Christchurch’s most prestigious suburbs, these homes place you within walking distance of Merivale Mall, Victoria Street’s vibrant hospitality precinct, Hagley Park, and some of the city’s top schools. With two heat pumps for year-round comfort, fully landscaped outdoor areas, and a reputation for quality by a proven development team, 49 Onslow Street offers exceptional low-maintenance living in a location that truly speaks for itself.
completion due Q2 2026
Location
Located on a quiet street in the heart of Merivale, 49 Onslow Street offers an enviable lifestyle in one of Christchurch’s most desirable suburbs. Just a short walk to Merivale Mall, Hagley Park, and Victoria Street’s cafés and restaurants, it combines convenience with charm. Zoned for top schools including St Margaret’s College, Burnside High and Christchurch Boys’ and Girls’ High Schools, and only minutes from the CBD, this location delivers both prestige and practicality.
Merivale Mall 800m
Hagley Park/ Botanic Gardens 2.2km
Cathedral Square 2.4km
Christchurch Girls High School 2.6km
Christchurch Boys High School 3.3km
Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.
Investment Overview
49 Onslow Street in Merivale represents a premium investment opportunity in one of Christchurch’s most desirable and established suburbs. Merivale consistently attracts professional tenants, downsizers, and families who value its proximity to top schools, Hagley Park, and the central city. With a strong rental population, around 38% of residents renting, the area supports solid rental demand. The homes at 49 Onslow Street, with their mix of one to three-bedroom configurations and high-spec finishes, are ideally suited to capture this market, offering potential for excellent rental yields at the upper end of the local average.
From a capital growth perspective, Merivale has remained one of Christchurch’s most resilient markets. The suburb recorded a median house price of approximately $1.75 million in May 2025 making this property a strong investment. This strong performance is supported by low development density, limited land supply, and enduring buyer demand driven by the area’s prestige, school zoning, and lifestyle appeal. The architectural design and energy efficiency of the townhouses at 49 Onslow Street further enhance their long-term value proposition, making them an appealing option for both investors and future owner-occupiers.
The location also benefits from excellent connectivity and infrastructure. Positioned on a quiet street, 49 Onslow Street is a short walk to Merivale Mall, Victoria Street’s dining scene, and just minutes to Christchurch CBD. The area is well serviced by public transport, and upgrades to local roads and footpaths are enhancing accessibility. In addition, the broader Christchurch rebuild is delivering significant projects such as the Parakiore Sports Centre and Te Kaha Stadium, which are set to boost activity and demand across central suburbs like Merivale.
In summary, 49 Onslow Street offers a compelling mix of lifestyle and investment fundamentals: strong rental demand, proven capital growth, and a blue-chip location. The boutique scale of the development, along with premium materials, thoughtful layouts, and excellent school zoning, make this a standout opportunity for investors seeking a low-maintenance, high-quality asset in one of Christchurch’s most enduring property markets.
Investment Overview
Strategy: Off the plan Upside: Growth prior to settlement Rent: Unfurnished Deposit: 10% Title: Freehold
Investment Type
Dwelling: Townhouse Growth: High Yield: Moderate Pros: Capital gains before settlement + Low maintenance living
Suburb Performance
Median sale price 10 years: +76% Median sale price 20 years: +164% Capital growth 10 years: 5.84% Capital growth 20 years: 4.98%