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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 3,298 investment properties found in Otago on realestateinvestar.co.nz

6 Boyne Pl, Cromwell

$0

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Fantastic Choices Available

Cul-de sac locations are always very desirable and there is none better than Boyne Place and this north facing property on 840m2 has multiple possibilities for a range of purchasers… . For a developer the land area is sure to capture interest. . Renovators can improve the house, ...

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House

Otago 9310


8 Drake Pl, Wanaka

$0

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Lakeside Lifestyle Meets Opportunity

Secure your future with this sunny, smartly designed home, positioned discreetly just one street back from the Hawea lakefront reserve. Privately nestled among mature trees and sheltered from prevailing winds, the generous 1,594sqm north-facing (lower density suburban residential) land parcel ...

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House

Otago 9382


48 Bathgate St, South Dunedin

$0

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Everything You Need – And Room for More!

This super cute, tastefully renovated home is more than just move-in ready – it's smart, stylish, and designed for real life. This lovely property boasts three bedrooms, one modified bathroom, a separate home office, and – here's something special – it's been thoughtfully designed to ...

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House

Otago 9012


31 Marslin St, Alexandra

$649,000

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Perfect First Home or Holiday Escape!

Step into this sunny, well-presented 3-bedroom bungalow that combines comfort, convenience, and charm. Featuring a warm and inviting living area with a woodburner and heat pump, this home is ready for all seasons. The open-plan kitchen is tidy and functional, flowing seamlessly into the living ...

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House

Otago 9320


19 Kingfisher Cres, Albert Town

$0

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Purpose-Built Investment Opportunity

Discover an exceptional investment opportunity here at 19 Kingfisher Crescent, Albert Town. Purpose-built to provide long-term rental accommodation, this modern and well-insulated property is designed with versatility in mind, offering an outstanding rental return for its owners. The ...

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House

Otago 9305


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