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Investment Property Otane, Hawkes Bay

Suburb Snapshot

Otane is a suburb in the Central Hawkes Bay Region of Hawkes Bay. Otane has a population of 1,096 people and 26.46% of its occupants live in rental accommodation. The median listing price for houses is $695,000 and this has changed 2.21% over the past year and changed 10.57% over 2 years.

The median rent in Otane for houses is $620 per week and the median rental yield is 4.64%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 141 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Otane is NA per week, producing a rental yield of NA.

Supply & Demand in Otane, Central Hawkes Bay

13,001

Population


27.69%

Rental population


150,762

Population


31.26%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Otane, Central Hawkes Bay

  House Townhouses Units
Median listing price $695,000 NA NA
Median price change - last quarter -5.68% NA NA
Median price change - 1 year 2.21% NA NA
Median price change - 2 years 10.57% NA NA
  House Townhouses Units
Median weekly rent $620 NA NA
Median yield % 4.64% NA NA
Median rent change - 1 year NA NA NA
  House Units
Average days on market 141 NA

Otane investment property listings

Showing 5 of 35 investment properties found in Otane on realestateinvestar.co.nz

38A Rochfort St, Otane

$780,000

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Quality, spacious home on expansive, sunny section

Enjoy all that Central Hawke's Bay has to offer with this spacious 1831m2 Otane section, complete with an EasyBuild Glenorchy home with double garage, all from just $780,000 incl GST. EasyBuild's Glenorchy home with double garage, at 173m2 offers maximum space and maximum comfort. With ...

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Hawkes Bay 4202


23 Dee St, Otane

$660,000

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Character renovation - done well and done right!

Taking on a character renovation - doing it well and doing it right - can be a tricky task, but my vendors have nailed it here. They've taken this charming 1930s style bungalow and given it a cosmetic glow up, bringing style to the vintage vibe, updating and refreshing without stripping away its ...

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Hawkes Bay 4202


9B Lawrence St, Otane

$550,000

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First home buyers, this one's calling your name!

Your golden ticket into the ever-popular Otane property market awaits - on budget and walk in ready! Set on a super manageable 600m2 section, this entry-level relocated stunner is all about easy living without the fuss. The big jobs are already ticked off the list - new piles, a fresh coat of ...

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Hawkes Bay 4202


19 Rochfort St, Otane

$550,000

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Charming 1910s–1920s home with potential

Step into the charm of yesteryear with this character-filled property from the 1910–1920 era, offering solid bones and endless potential for renovation. The home features a separate living room and an open-plan kitchen and dining area, complete with a cozy wood burner, perfect for those cooler ...

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Hawkes Bay 4202


3 Russell St, Otane

$695,000

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Urban utopia - a hidden gem in the heart of Otane

With all the shine and sparkle of a new home, the uncomplicated layout of this meticulously presented 2023 built home maximises all available space within its compact footprint providing a stylish home that is not only striking in looks but highly functional in design. Exceptionally warm and ...

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Hawkes Bay 4202


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