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Investment Property Otumoetai, Bay of Plenty

Suburb Snapshot

Otumoetai is a suburb in the Tauranga Region of Bay of Plenty. Otumoetai has a population of 7,203 people and 30.30% of its occupants live in rental accommodation. The median listing price for houses is $899,000 and this has changed -6.26% over the past year and changed -1.64% over 2 years.

The median rent in Otumoetai for houses is $680 per week and the median rental yield is 3.93%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 77 days.The median listing price for units is $613,500 and this has changed -21.35% over the past year. The average unit takes 60 days to sell and the median rent for a unit in Otumoetai is $550 per week, producing a rental yield of 4.66%.

Supply & Demand in Otumoetai, Tauranga

112,115

Population


33.09%

Rental population


271,017

Population


32.26%

Rental population


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

Statistical data for Otumoetai, Tauranga

  House Townhouses Units
Median listing price $899,000 $825,000 $613,500
Median price change - last quarter 0.00% 3.06% -8.88%
Median price change - 1 year -6.26% -21.35% -21.35%
Median price change - 2 years -1.64% NA NA
  House Townhouses Units
Median weekly rent $680 NA $550
Median yield % 3.93% NA 4.66%
Median rent change - 1 year 7.94% NA 4.76%
  House Units
Average days on market 77 60

Otumoetai investment property listings

Showing 5 of 59 investment properties found in Otumoetai on realestateinvestar.co.nz

70 Hinewa Rd, Otumoetai

$929,000

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Sunrises and City Lights

Meaning: beautiful beginnings, urban glow: embrace tranquility at sunrise, revel in city lights at dusk FRESH Wake up to breathtaking sunrise views, unwind amidst the city lights and embrace the essence of urban sophistication offering a true sense of living. With modern amenities, unparalleled ...

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House

Bay of Plenty 3110


85 Ridge St, Otumoetai

$765,000

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Tauranga Homes, 2 bedroom 2 bathroom

This development presents thirteen two-story, two-bedroom townhouses, each with either two bathrooms or one bathroom, all with off-street parks and EV charger. Prioritising open-plan living, these homes offer both elegance and flexibility. On the ground floor, a seamless connection between dining, ...

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Townhouse

Bay of Plenty 3110


85 Ridge St, Otumoetai

$744,000

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Tauranga New Build

This development presents thirteen two-story, two-bedroom townhouses, each with either two bathrooms or one bathroom, all with off-street parks and EV charger. Prioritising open-plan living, these homes offer both elegance and flexibility. On the ground floor, a seamless connection between dining, ...

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Townhouse

Bay of Plenty 3110


59 Seaview Rd, Otumoetai

$779,000

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Seaview New Builds - Available From $779K!

Estimated completion date: April 2025 Introducing our latest development at 59 Seaview Road, Otumoetai, Tauranga! This property showcases breathtaking views of Mount Maunganui and the Port of Tauranga, creating an ideal backdrop for your living serenity. Each townhouse ...

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Townhouse

Bay Of Plenty 3110


25 Roderick St, Otumoetai

$979,000

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Bring An Offer!!

The day is finally here! Imagine waking up every morning to the gentle movement of the water outside, watching the fish swimming down below, right here from your living room and the soothing sounds of seagulls in the distance, you will feel like you are on a cruise ship! Everyday you will open ...

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House

Bay of Plenty 3110


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