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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 3,764 investment properties found in Otago on realestateinvestar.co.nz

11 Henry St, Maori Hill

$0

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Opportunity Knocks in Maori Hill

Auction Location: LJ Hooker Dunedin. Welcome to 11 Henry Street, an opportunity packed with potential in one of Dunedin's most sought-after suburbs. Dating back to the early 1900s, this home offers the perfect chance for buyers prepared to roll up their sleeves and reap the ...

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House

Otago 9010


79A Bush Rd, Mosgiel

$529,000

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Easy care living on a generous section

Situated at the desirable end of Bush Road, this rear conjoined unit offers privacy, generous outdoor space, and a rural backdrop. The property captures excellent natural light and clear views over established trees toward the paddocks and iconic Saddle Hill. Property Features: ...

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House

Otago 9024


65 Oregon Dr, Kelvin Heights

$0

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Privacy, Sun & Views in Kelvin Heights

Positioned on one of Kelvin Heights' most desirable streets, known for exceptional capital growth and sensational sunshine hours, this modern, elevated residence offers an exceptional lifestyle where everyday truly feels like a holiday. On arrival, you will be greeted by breath-taking ...

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House

Otago 9300


2 Oxford St, Oamaru

$495,000

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Often Admired on Oxford-Available Now

The vendors are motivated to sell, and invite offers from buyers who recognise the potential in this well-located, much-loved 1970s low-maintenance family home. The first gathering point is the dining area, open plan with the original functionally designed kitchen. Adjoining this is a ...

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House

Otago 9401


52 St Leonards Dr, Saint Leonards

$749,000

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Your bay lifestyle awaits

Positioned with sweeping views across the harbour to the Otago Peninsula, this 1950s Oamaru stone family home brings together rich character and extensive modern upgrades, all within a private, nature-filled setting. A brand-new kitchen is well-appointed with a beautiful stone benchtop, ...

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House

Otago 9022


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