Download your FREE reports now!

Investment Property Otago, New Zealand

State Snapshot

Otago is a state in New Zealand. Otago has a population of 202,732 people and 29.35% of its occupants live in rental accommodation. The median listing price for houses is $675,000 and this has changed -0.74% over the past year and changed 4.62% over 2 years.

The median rent in for houses is $600 per week and the median rental yield is 4.62%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 90 days.The median listing price for units is $645,000 and this has changed -7.73% over the past year. The average unit takes 138 days to sell and the median rent for a unit in Otago is $480 per week, producing a rental yield of 3.87%.

Supply & Demand in Otago

202,732

Population


29.35%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Otago

  House Townhouses Units
Median listing price $675,000 $659,000 $645,000
Median price change - last quarter 1.65% -4.35% 0.62%
Median price change - 1 year -0.74% -7.73% -7.73%
Median price change - 2 years 4.62% -6.07% 2.95%
  House Townhouses Units
Median weekly rent $600 $575 $480
Median yield % 4.62% 4.54% 3.87%
Median rent change - 1 year 9.09% 6.48% 4.35%
  House Units
Average days on market 90 138

Otago investment property listings

Showing 5 of 2,253 investment properties found in Otago on realestateinvestar.co.nz

12 Oban St, Mosgiel

$0

property pic

Ideal First Home

This solid home is situated on a family sized section, complete with hen house and glasshouse. The kitchen and dining room are combined and are separate from the roomy lounge which is heated by a multi burner and there is a heat pump option also. The two bedrooms are doubles, both with ...

Get more info on this property
rei

2

rei

1

rei

1

House

Otago 9024


10 Mica Ridge, Millbrook Resort, Arrowtown

$6,950,000

property pic

VIEWS FROM 'THE RIDGE

10 Mica Ridge is a substantial home with excellent form, functionality and style and with the home's spectacular elevated position, it affords itself superb views, sunshine hours and privacy. Comprising of multiple living spaces - indoor and outdoor, a separate media room, two full ...

Get more info on this property
rei

3

rei

3

rei

0

House

Otago 9371


74 Northlake Dr, Wanaka

$1,375,000

property pic

North-facing architecture

With solid construction and thoughtful design, this wonderful home offers a blend of modern amenities, character, and beauty. Boasting a practical and family-friendly layout, exquisite timber overlay flooring throughout and adorned with high-quality fittings and fixtures. Stepping inside you ...

Get more info on this property
rei

3

rei

2

rei

2

House

Otago 9305


43 Duckworth St, Andersons Bay

$0

property pic

Retreat in sunshine and style

Nestled within the sought-after suburb of Andersons Bay, discover the epitome of classic charm that this beautiful home has on offer. The freshly painted exterior exudes timeless elegance while the interior transports you to a world of modern contemporary-style living. Interior ...

Get more info on this property
rei

4

rei

1

rei

1

House

Otago 9013


36/161 Arthurs point Rd, Arthurs Point

$930,000

property pic

3 Bed - End unit, Zoned for 365 VA, Alpine Villa

Welcome to your new home in the Coronet Peak Alpine Village, Villa 36 presents an opportunity to purchase a 3 bedroom End Unit with plenty of natural light in one of the true alpine suburbs that Queenstown has to offer. The villa, features three bedrooms, and backs onto the unspoiled ...

Get more info on this property
rei

3

rei

2

rei

0

Townhouse

Otago 9371


Navigate to more Suburbs, Regions or States