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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 3,879 investment properties found in Otago on realestateinvestar.co.nz

28 Myles Way, Lower Shotover

$2,880,000

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Wake Up to Forever Views | Premium Home & Income

Unobstructed Views + Home & Income Opportunity! This exceptional home + income property offers panoramic views, stylish living, and a flexible layout ideal for extended families or passive income. From the moment you enter, you're greeted by light-filled, open-plan living ...

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6

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House

Otago 9304


209(214)/32 Red Oaks Dr, Frankton

$309,000

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Invest in the heart of Frankton

This stylish and spacious executive one bedroom apartment at Wyndham Garden Hotel boasts dramatic views of the Remarkables mountain range. Fitted with contemporary furnishings, floor coverings and quality European kitchen appliances, these architecturally superior apartments maximise the creative ...

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1

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1

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Unit

Otago 9300


27 Rubus St, Wanaka

$0

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The Ultimate Wanaka Base with Space for Everyone

Set in the growing Orchard Park neighbourhood, this brand-new home enjoys a quiet position where you can be straight out the drive and heading to Cardrona Alpine Resort while still being an easy drive to central Wanaka. Thoughtfully designed for modern mountain living, it combines striking ...

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4

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4

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4

House

Otago 9305


36 Oregon Dr, Kelvin Heights

$0

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The Lookout

Perfectly positioned to capture sweeping lake and mountain vistas, this beautifully renovated six bedroom residence delivers one of Kelvin Heights' most captivating outlooks - Something you need to experience. Large picture windows frame the ever-changing beauty of Lake Wakatipu, with ...

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6

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3

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House

Otago 9300


33 Dame St, Waikouaiti

$0

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Cottage Retreat + Studio + Garden Sanctuary

Deadline sale closing 2pm Tuesday, 24th March 2026 (no prior offers) Tucked behind a welcoming gate and surrounded by beautifully established gardens, this enchanting pre-1900s cottage offers a rare opportunity to step into a home that feels both timeless and thoughtfully restored. ...

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3

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2

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0

House

Otago 9510


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