Download your FREE reports now!

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 3,787 investment properties found in Otago on realestateinvestar.co.nz

45 Tenby St, Wanaka

$0

property pic

Your Wanaka ski retreat awaits

Perfectly positioned in the heart of Wanaka, this contemporary townhouse delivers the ultimate alpine lifestyle - where mornings begin with mountain and lake views, and winter weekends are spent exploring the nearby ski fields. Combining low-maintenance luxury with exceptional convenience, this is ...

Get more info on this property
rei

3

rei

2

rei

2

House

Otago 9305


17 Lees St, Dunedin

$549,000

property pic

Stand-alone investment opportunity

Conveniently located just a short walk from the CBD, this stand-alone property is a highly sought-after rental for both young professionals and senior students. Positioned to capture excellent natural sunlight with its northerly aspect, the home offers three generous bedrooms, each ...

Get more info on this property
rei

3

rei

1

rei

0

House

Otago 9016


63 Fawcett St, South Dunedin

$339,000

property pic

Offers Over $339,000 – Move-In Ready

If you're looking to get on the property ladder without the stress of renovations, 63 Fawcett Street is the perfect place to start. With offers over $339,000, this beautifully updated three-bedroom home combines character, comfort, and outstanding value in one affordable package. Step inside ...

Get more info on this property
rei

3

rei

1

rei

0

House

Otago 9012


15 Bedford St, Saint Clair

$0

property pic

The Majestic Mansions: A St Clair Icon Reborn

Some buildings are just buildings. The Majestic Mansions is a landmark. Standing proud on the St Clair waterfront since 1919, this is one of the most recognised heritage buildings on the Esplanade. Now it enters a new chapter. A careful, considered redevelopment is returning it to its ...

Get more info on this property
rei

2

rei

1

rei

0

House

Otago 9012


3B Ploughmans La, Arrowtown

$0

property pic

Turnkey Luxury – Includes $350k Furniture...

A motivated sale presents an exceptional opportunity to secure an architectural residence within Millbrook, complete with a $350,000 designer furniture package. Nestled within the breathtaking natural beauty of Millbrook, where championship golf, alpine landscapes and refined living ...

Get more info on this property
rei

3

rei

3

rei

2

House

Otago 9302


Navigate to more Suburbs, Regions or States