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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 $649,000 and this has changed 3.02% over the past year and changed 14.75% over 2 years.

The median rent in for houses is $510 per week and the median rental yield is 4.09%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $675,000 and this has changed -6.51% over the past year. The average unit takes 123 days to sell and the median rent for a unit in Otago is $430 per week, producing a rental yield of 3.31%.

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 $649,000 $730,000 $675,000
Median price change - last quarter 0.62% -1.35% 0.00%
Median price change - 1 year 3.02% -6.51% -6.51%
Median price change - 2 years 14.75% 18.09% 1.98%
  House Townhouses Units
Median weekly rent $510 $490 $430
Median yield % 4.09% 3.49% 3.31%
Median rent change - 1 year 2.00% 8.89% 2.38%
  House Units
Average days on market 68 123

Otago investment property listings

Showing 5 of 1,514 investment properties found in Otago on realestateinvestar.co.nz

8 Windsor Pl, Mosgiel

$0

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To be Gone by Christmas

They're out of here and have instructed me to get the property gone, quick smart. With new horizons beckoning, This family no longer needs their generously proportioned house. Not the rumpus room where the kids can hold band practice or celebrate birthday parties. Nor the upstairs living which ...

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Otago 9024


80 Gordon Rd, Mosgiel

$0

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Simply Superior Living - First 4 Selling Now

Offering design innovation and finish excellence previously not offered in the Mosgiel town house market, these prime location two-bedroom homes, on their own freehold title, provide a simply superior ownership experience. Situated on Mosgiel's main street, and just a short stroll to ...

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Otago 9024


43 Monaghan St, Cromwell

$770,000

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Hidden Gem!

This secluded 1950's bungalow is surrounded in complete privacy, mature gardens and mountain views - offering your very own private oasis! This 472m2 elevated section provides views across the nearby park and being in the popular old Cromwell area means you are close to schools, restaurants and ...

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Otago 9310


11 Glengyle St, Vauxhall

$0

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Harbour Views Anyone?

Auction Location: Online. Taking a moment to wind down as you cross the bridge of the Andersons Bay inlet, this is the signal that you are nearly home. 11 Glengyle Street is split over three levels and positioned to attract stunning views over the Dunedin Harbour, while also being a beautiful ...

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Otago 9013


92 Beach Rd, Port Chalmers

$0

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Adorable Beach Cottage Vacation for the Soul

Situated just a 5 minute stroll to the outstanding white sand beach and coastal reserve on a sheltered and private section enjoying all day sun. Long beach is a popular spot for holiday and permanent residences offering surfing, fishing, great rock-climbing and beautiful marine and native ...

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Otago 9081


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