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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 3,325 investment properties found in Otago on realestateinvestar.co.nz

8 Big Valley Dr, Jacks Point

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THE DEAL

A beacon of quality — this private residence sits in a special pocket of Jack's Point, perfectly positioned to capture direct views of Coronet Peak and The Remarkables. Set back on an established 1,149m2 (approx.) private section, the home is clad in cedar and heritage tray materials, ...

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Otago


64 Baker St, Balclutha

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Country Calm Meets Modern Cool

Just five minutes from town but a world away from the hustle, this hidden gem is where laid-back living meets low-maintenance luxury. Tucked into a peaceful township, behind solid fencing and surrounded by space to actually breathe, this is the kind of home that whispers "you've made it"-without ...

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House

Otago 9231


53a & 53 Stirling Cres, Mosgiel

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Two great opportunities, buy one or secure both!

At 53 Stirling Crescent, you'll find a beautifully renovated three-bedroom home that blends comfort with modern style. Every detail has been thoughtfully updated, from the sleek new kitchen with its generous storage and bench space, to the stylish bathroom and practical new laundry. The open-plan ...

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House

Otago 9024


432 Bull Creek Rd, Milton

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Seaside Serenity with Room to Grow!

Tucked away in peaceful Bull Creek, this lifestyle block brings together the very best of coast and country. With 1.99 Hectares (-+) to call your own, you'll wake each day to sweeping views that stretch across rolling farmland and out to the Pacific Ocean. The home itself is a tidy, welcoming ...

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Otago 9292


44 Muster Rd, Jacks Point

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Stunning Family Home - Bordering Reserve

Discover this impeccably designed, modern 3-Bedroom family home, located in one of Queenstown's most sought-after neighbourhoods. Built in 2022, this property offers a perfect blend of luxury, functionality and outdoor living on a larger-than-average 613 m2 section. Opposite a reserve, ...

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Otago


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