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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 -1.46% 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 96 days.The median listing price for units is $649,000 and this has changed 0.62% over the past year. The average unit takes 117 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 $655,000 $649,000
Median price change - last quarter 0.58% -0.61% 0.00%
Median price change - 1 year 3.56% 0.62% 0.62%
Median price change - 2 years -1.46% -5.18% -10.29%
  House Townhouses Units
Median weekly rent $650 $600 $525
Median yield % 4.84% 4.76% 4.21%
Median rent change - 1 year 9.24% 4.35% 9.38%
  House Units
Average days on market 96 117

Otago investment property listings

Showing 5 of 3,230 investment properties found in Otago on realestateinvestar.co.nz

40 Lochy Rd, Town Centre

$1,815,000

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Panoramic views with dual income potential

Nestled in a peaceful, private cul-de-sac just minutes from Queenstown CBD and moments from world-class biking and walking trails. This elevated, contemporary home captures breathtaking lake and mountain views from nearly every room. Whether you're after a stylish lifestyle base or a luxurious ...

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Otago


21 Elmwood Dr, Mosgiel

$0

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Quality, comfort & convenience

Welcome to 21 Elmwood Drive, a home with a story. Originally a 1970's bungalow, this home has been thoughtfully and lovingly extended and renovated to a high standard of modern family living. The living dining kitchen area is a light and functional space ideal for unwinding at the end of the day. ...

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Otago 9024


1/1 O’Meara St, Frankton

$835,000

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Change of direction, needs to go!

Circumstances have changed, necessitating a change in direction and the sale of this villa. Our loss is your gain! Get your hands on arguably the best villa at the best price in the brand-new Five Mile Villas development in Frankton, Queenstown. Located on a corner site at ...

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House

Otago 9300


155 Benhar Rd, Balclutha

$429,000

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Best of Both Worlds in Benhar

At 155 Benhar Road, you get the best of both worlds-peaceful rural living, just minutes from Balclutha's town centre. This solid 3-bedroom home has been recently refurbished, with new flooring, new kitchen & appliances, new bathroom, separate toilet and laundry. One of the bedrooms opens ...

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House

Otago 9272


Lot 86 Sunderland Park, Clyde

$959,000

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Would You Rather – Choose Your $10K Reward

Located at 7 Koreke Drive, this home is currently under construction and expected to be completed in November 2025. Situated in one of Clydes up and coming subdivisions, this home is well suited for those looking for comfort. Designed with families and entertaining in mind, this home ...

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Otago 9330


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