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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 $650,000 and this has changed 0.15% over the past year and changed 8.35% over 2 years.

The median rent in for houses is $525 per week and the median rental yield is 4.20%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 59 days.The median listing price for units is $677,000 and this has changed -1.17% over the past year. The average unit takes 119 days to sell and the median rent for a unit in Otago is $435 per week, producing a rental yield of 3.34%.

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 $650,000 $749,000 $677,000
Median price change - last quarter 0.00% 1.99% -0.66%
Median price change - 1 year 0.15% -1.17% -1.17%
Median price change - 2 years 8.35% 17.77% -5.39%
  House Townhouses Units
Median weekly rent $525 $490 $435
Median yield % 4.20% 3.40% 3.34%
Median rent change - 1 year 5.00% 1.03% 3.57%
  House Units
Average days on market 59 119

Otago investment property listings

Showing 5 of 1,757 investment properties found in Otago on realestateinvestar.co.nz

37 Finch St, Albert Town

$1,175,000

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A Pinch on Finch

Get in quick to secure this awesome fully fenced home which benefits from all day sun and beautiful mountain views. This property fulfils all the requirements for anyone looking for the perfect residential home, holiday or rental investment and is located only a short walk to the shops, cafes, the ...

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House

Otago 9305


1B Maple Ct, Arthurs Point

$0

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A place to call home

Sheltered from the hustle and bustle yet close to every amenity you could wish for, this enchanting home represents the best of both worlds. Attracting interest from a wide range of prospective purchasers, including first home buyers and families, this home is sure to be sold! There's a ...

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House

Otago 9300


11 Carrick Pl, Cromwell

$692,000

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FAMILY FRIENDLY

We are fortunate in Cromwell to have a pre planned layout bringing about peaceful cul de sacs interlinked with greenways and parkland making for peaceful safe passage to schools and shops. This home is ideally situated in one of these quite cul de sacs adjacent the greenway reserve and handy to ...

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House

Otago 9310


400 Doctors Creek Rd, Kurow

$0

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Mt Otekaieke

Low - mid altitude with balance of developed paddock country. A unique opportunity presents itself to acquire this 1229ha Freehold property located in the Waitaki Valley, semi-equal distance between Duntroon and Kurow townships and only 55kms ex Oamaru. Property is well presented with a ...

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Rural

Otago


23 Sylvan St, Lake Hayes

$1,300,000

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Get a Lot of Lot!

With a HUGE lot of 2073m2 there is room for the team to play here, everyone from investors to first home buyers will be attracted to our feature listing, a charming cottage boasting plenty of scope for future enhancement. Soaked in sun, this two bedroom home plus one study features a ...

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House

Otago 9304


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