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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 3,346 investment properties found in Otago on realestateinvestar.co.nz

25/13 Plantation Rd, Wanaka

$560,000

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Affordable 2-Bedroom Apartment in Heart of Wanaka

Situated in a prime central Wanaka location, this semi-furnished and spacious two-bedroom apartment offers a low-maintenance lifestyle just minutes from the lakefront, shops, cafes and gyms. Whether you're looking for a permanent home, holiday retreat, or investment property, this top floor unit ...

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Otago 9305


12 Dryden St, Mosgiel

$0

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Perfect Family Home

Immaculate Family Living with Space, Style & Location Positioned for privacy and beautifully presented throughout, this spacious four-bedroom home delivers effortless family living in a sought-after location. Step inside and be welcomed by a generous open-plan living area ...

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House

Otago 9024


73 London St, Hampden

$439,000

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Make a lifestyle choice

Choose quality of life in Hampden with this beautifully presented home, immaculate both inside and out. Offering three bedrooms, a spacious sunroom, and open plan living, this property combines comfort with functionality. The separate kitchen is well-appointed, and the modern bathroom is ...

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House

Otago 9410


59B Greta St, Oamaru

$629,000

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Maximum Comfort, Minimum Maintenance

McBrimar is proud to present three new sections in the popular South Hill area. With a Home & Land Package under construction at Lot 3, you could be moved in by Christmas. With all-day sun and close proximity to town, this low-maintenance home is perfect for downsizers and first-home buyers. ...

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House

Otago 9400


75A Tees St, Oamaru

$449,000

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Renovator's Dream in Prime Oamaru Location

Location, views, and space are all on offer here with this fantastic opportunity for those ready to roll up their sleeves. Featuring an original open plan kitchen, dining, and living area, the home offers three double bedrooms and the flexibility of a possible second living area, office, or study. ...

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House

Otago 9400


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