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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 $695,000 and this has changed 3.89% over the past year and changed -3.04% over 2 years.

The median rent in for houses is $640 per week and the median rental yield is 4.79%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 93 days.The median listing price for units is $649,000 and this has changed 0.62% over the past year. The average unit takes 114 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 $695,000 $657,500 $649,000
Median price change - last quarter 0.87% 3.13% 0.00%
Median price change - 1 year 3.89% 0.62% 0.62%
Median price change - 2 years -3.04% -1.43% -10.29%
  House Townhouses Units
Median weekly rent $640 $600 $525
Median yield % 4.79% 4.75% 4.21%
Median rent change - 1 year 8.47% 4.35% 9.38%
  House Units
Average days on market 93 114

Otago investment property listings

Showing 5 of 2,768 investment properties found in Otago on realestateinvestar.co.nz

481 Garthmyl Rd, Middlemarch

$0

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Land, buildings and project house - offers

Open to offers. 1925 four bedroom two lounge roughcast home in need of significant renovation/restoration. Sitting on tranquil 0.8557 hectares / 2.11 acres next to river. Additional buildings include: - 1 x single vehicle garage. In average condition but ...

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Otago 9598


54 Dryden St, Milton

$390,000

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Attention First Home Buyers & Investors!

This well-maintained property presents an outstanding investment opportunity, offering strong rental potential or an ideal home for those ready to move in and enjoy. Situated in a peaceful cul-de-sac, the property features a sunny, low-maintenance section—perfect for tenants, downsizers, or anyone ...

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Otago 9220


19 Killarney St, Alexandra

$0

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A Wee Gem

If your looking for a very tidy compact home that features two bedrooms, a private patio, and both a double garage and carport. then we have the property for you. Lovely established gardens and conveniently located close to town, it offers easy access to amenities while providing a comfortable ...

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Otago 9320


19 Campbelton St, Lawrence

$375,000

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Value and potential – clever on Campbelton

Built to last, this insulated, re-roofed three-bedroom 1950's home oozes retro charm. Soak up the fifties vibes, the vintage frosted glass unicorn and salon booze bar. The open plan lounge and dining areas are served well by the large wood-burner to keep you toasty in winter. With ...

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Otago 9532


31 Broom St, Naseby

$0

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Charming Country Home and Cottage Garden

Nestled in the vibrant community of Naseby, the jewel of the Maniototo, this two-storey, three-bedroom, two-bathroom home offers the perfect blend of comfort and privacy. The open-plan country kitchen, dining, and cosy lounge area with a wood burner flow effortlessly through two sets of bifold ...

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Otago 9354


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