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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 3,490 investment properties found in Otago on realestateinvestar.co.nz

177 Alison Ave, Albert Town

$0

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Relaxed living in the heart of Albert Town

Set on a spacious 1,012sqm (approx) section, this well-maintained three-bedroom, two-bathroom 202sqm (approx) home offers comfortable, practical living in a quiet and established part of Albert Town. Blending cottage character with modern upgrades, including a renovated kitchen and ...

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Otago 9305


Derby St, Hampden

$399,000

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Hampden retreat

Looking for the quiet life, without stress or drama? Then look no further than this unique property that looks quaintness in the eye. Featuring 2 small dwellings, both recently built, excellent solar panel system, fully insulated and in an elevated position in nature's colourful surroundings. The ...

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House

Otago 9410


13 Duke St, Ngapara

$549,000

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THE ANSWER TO YOUR PRAYERS

Located in a sleepy rural township 25kms inland from Oamaru and set in a peaceful and private situation on 2024m2 of established grounds and gardens, this beautiful old Presbyterian Church has been sympathetically converted from an occasional place of worship into a fulltime family home. ...

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Otago 9494


62 Morven Ferry Rd, Arrow Junction

$0

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Lifestyle living, incomes and opportunity

Welcome to 62 Morven Ferry Road, a private sanctuary in Arrow Junction, Queenstown, surrounded by the region's stunning mountains, hills, and natural rock formations. Set on 3.2667ha of land, the substantial 440sqm (more or less) home, is positioned at the rear of the property, offering ...

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Otago 9371


60 Neplusultra St, Cromwell

$0

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Hidden jewel

Set on a substantial 1618sqm section in the heart of Cromwell, this property places you close to everything that makes Central Otago special. Originally a 1960s home, it has undergone a complete architectural re-build, blending modern design with timeless character. Positioned north-west ...

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Otago 9310


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