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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 $675,000 and this has changed -1.46% over the past year and changed 5.38% over 2 years.

The median rent in for houses is $595 per week and the median rental yield is 4.58%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 90 days.The median listing price for units is $649,000 and this has changed -9.23% over the past year. The average unit takes 139 days to sell and the median rent for a unit in Otago is $480 per week, producing a rental yield of 3.85%.

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 $675,000 $659,000 $649,000
Median price change - last quarter 1.65% -4.35% 0.62%
Median price change - 1 year -1.46% -9.23% -9.23%
Median price change - 2 years 5.38% -7.21% 5.93%
  House Townhouses Units
Median weekly rent $595 $575 $480
Median yield % 4.58% 4.54% 3.85%
Median rent change - 1 year 8.18% 9.52% 5.49%
  House Units
Average days on market 90 139

Otago investment property listings

Showing 5 of 2,344 investment properties found in Otago on realestateinvestar.co.nz

34 Barn Rd, Jacks Point

$0

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Brand-new build in Hanley's Farm

Looking to join the Hanley's Farm community? This brand-new, low-maintenance property offers an unparalleled lifestyle with breathtaking views of the Remarkables mountain range. This stunning four-bedroom, two-bathroom residence combines style and functionality, boasting a spacious ...

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Otago


37 Kennedy Rd, Fairfield

$0

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A place to call home!

Introducing this exceptional property to the market is truly a pleasure. Strategically positioned to capture breath-taking rural and local views while bathing in abundant sunlight, this meticulously maintained home is sure to leave a lasting impression. Boasting a generously ...

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House

Otago 9018


381 Brighton Rd, Waldronville

$0

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Beautiful First Home in Waldronville

Welcome to 381 Brighton Road, a stunning first home located in the sought-after suburb of Waldronville. This impressive property offers a comfortable and modern lifestyle, with three spacious bedrooms and two well-appointed bathrooms. This residence sits directly across from Island Park Golf ...

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House

Otago 9018


22 Dunstan St, Clyde

$690,000

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Dunstan Delight

Nestled in the heart of central Clyde, welcome to 22 Dunstan Street. This well presented property offers a blend of modern living and convenience in a sought-after location. Upon arrival, you are greeted by a large spacious section, separate double garage with power, providing ample ...

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House

Otago 9330


95 Patearoa Waipiata Rd, Patearoa

$350,000

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PEACE & BLISS IN PATEAROA

This fantastic property is now on the market in Patearoa. I see this three bedroom 1950's home, suitable as both a holiday home or a permanent family residence, definitely one for the first home buyers to seriously consider. The open plan kitchen/dining/lounge area is light filled with all day ...

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House

Otago 9332


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