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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 3,604 investment properties found in Otago on realestateinvestar.co.nz

5 Ajax Rd, Port Chalmers

$549,000

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Two Bedrooms, Views & Excellent Garaging

Property pack available for direct download from the listing on our Tall Poppy website. Tucked away down a private leg-in driveway, 5 Ajax Road delivers a peaceful retreat with standout views across Port Chalmers' historic main street, the harbour, and iconic Iona Church. Perfectly ...

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House

Otago 9023


3 Pinn St, Lake Hawea

$0

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Modern living, Hawea style

A smart, contemporary home in Lake Hawea's Longview subdivision, 1 Pinn Street offers 183sqm (approx) of well-planned living on an easy-care 406sqm (approx) section. The home features three generous bedrooms, including a master complete with a walk-in wardrobe and tiled ensuite. A dedicated ...

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House

Otago 9345


29 Settlers Way, Arrowtown

$5,525,000

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Safe & Sound

**Important: Visit oliverroad.com or the direct link below for information about this property (including floor plans, more photo/video content, etc)** Direct Link: https://olvrd.nz/29set Address: 29 Settlers Way, Millbrook, Arrowtown Status: Now Available ...

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House

Otago 9302


31 Mayfield Ave, Wakari

$0

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All done. All yours.

Open the door to 31 Mayfield Avenue and you'll discover a home where an exceptional amount of work has already been done. Extensively renovated from top to bottom, this is an opportunity to simply move in and enjoy the result. Every detail has been carefully considered, from the stylish ...

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House

Otago 9010


397 Beaumont Hwy, Lawrence

$699,000

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Country lifestyle animal sanctuary

Need a sunny, spacious haven to rehome your animal menagerie and park your cavalcade of machinery? Horses, ponies, goats, sheep, chooks, pigs, dogs, cats, cars, trucks, trailers, and motorbikes? With almost nine acres of fenced paddocks and lifestyle infrastructure here they can be warmly ...

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Other

Otago 9591


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