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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 $699,000 and this has changed 3.56% over the past year and changed -0.74% over 2 years.

The median rent in for houses is $650 per week and the median rental yield is 4.84%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 89 days.The median listing price for units is $649,000 and this has changed 1.09% over the past year. The average unit takes 99 days to sell and the median rent for a unit in Otago is $525 per week, producing a rental yield of 4.21%.

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 $699,000 $659,500 $649,000
Median price change - last quarter 0.58% -0.61% 0.00%
Median price change - 1 year 3.56% 1.09% 1.09%
Median price change - 2 years -0.74% -7.25% -8.15%
  House Townhouses Units
Median weekly rent $650 $600 $525
Median yield % 4.84% 4.73% 4.21%
Median rent change - 1 year 8.33% 4.35% 8.25%
  House Units
Average days on market 89 99

Otago investment property listings

Showing 5 of 3,575 investment properties found in Otago on realestateinvestar.co.nz

151B Cargill St, Dunedin

$480,000

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Central city living

This City delight is 2min walk to central main st Dunedin, 5 min walk to University and a stone throw away from Moana pools. With a fabulous view of the Harbour this two bedroom flat is cozy with heating and separate toilet to bathroom. You have great quite neighbors on either side being ...

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Otago 9016


4B Hope Ave, Lake Hayes Estate

$0

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This is the one you have been waiting for!

This family home of approximately 155.9 square metres in the popular and quiet Lake Hayes Estate of Queenstown boasts 3 bedrooms, separate office/study, 2.5 bathrooms open plan kitchen/dining/lounge, single fully carpeted garage (laundry connection in garage) with a huge fully fenced private ...

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House

Otago


20 Sandringham St, Oamaru

$460,000

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Immaculate Presentation - MOVE IN READY

Super excited to bring to the market this fully renovated North End home, presented to an impeccable standard and ready for you to simply move in and enjoy. The property offers two double bedrooms and a smart, updated kitchen and dining area complete with appliances. The cosy living room features ...

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House

Otago 9400


17 Kenilworth Rd, Oamaru

$0

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Get The Keys to Kenilworth

A new start in the new year, this tidy family home on a quiet no-exit North End street is ready and waiting for new owners to put their name on the title. Nestled on a generous 855 sqm section, this well-maintained property boasts a spacious 120 sqm layout, ideal for families or those seeking a ...

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House

Otago 9400


44 Forth St, Mosgiel

$0

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The Ideal Family Home With Res 2 Subdividable Zoni

Home buyers and developers should not miss this warm and inviting Mosgiel property, offering excellent space, great sunlight, and a layout designed for practical everyday living. The sunny entranceway immediately sets a bright, welcoming tone, creating an ideal spot for relaxing or enjoying the ...

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House

Otago 9024


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