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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 $992,000 and this has changed 7.88% over the past year and changed -1.08% over 2 years.

The median rent in Otumoetai for houses is $685 per week and the median rental yield is 3.59%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 74 days.The median listing price for units is $699,000 and this has changed 7.37% over the past year. The average unit takes 101 days to sell and the median rent for a unit in Otumoetai is $570 per week, producing a rental yield of 4.24%.

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 $992,000 NA $699,000
Median price change - last quarter 6.56% NA 0.00%
Median price change - 1 year 7.88% 7.37% 7.37%
Median price change - 2 years -1.08% NA -17.54%
  House Townhouses Units
Median weekly rent $685 $650 $570
Median yield % 3.59% NA 4.24%
Median rent change - 1 year 0.74% NA 3.64%
  House Units
Average days on market 74 101

Otumoetai investment property listings

Showing 5 of 98 investment properties found in Otumoetai on realestateinvestar.co.nz

342D Otumoetai Rd, Otumoetai

$1,299,000

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Wake Up to Stunning Views in Otumoetai

Imagine starting your day with sweeping views from a beautifully designed, brand-new home in one of Tauranga's most desirable suburbs. This house and land package on Otumoetai Road offers the perfect combination of style, comfort, and location. Set on a 457m² section, this home boasts ...

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Bay Of Plenty 3110


21A Coach Rd, Otumoetai

$1,595,000

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Amazing views from your Landmark Home!!!

This breath taking section on Coach Road simply needs to be seen to understand what could be done here. Incredible views await as you look out to the estuary from the upstairs living areas. The Clutha plan which can be adapted to suit your needs is developed to make the most of sloping ...

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House

Bay Of Plenty 3110


12A Bennett St, Otumoetai

$859,000

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Home sweet home

Tucked away in a peaceful cul-de-sac, this cherished 1960s brick home is perfectly positioned for relaxed family living. With four bedrooms, including a master with an ensuite. A family room and open plan living, dining and kitchen allow plenty of room for everyone to unwind or come together. ...

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House

Bay Of Plenty 3110


266b Ngatai Rd, Otumoetai

$699,000

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Where Everyday Living Feels Effortless

Intro... Welcome to a home where lifestyle meets simplicity in one of Otumoetai's most desirable locations. Beautifully renovated and move-in ready, this home offers the perfect balance of modern comfort, lush greenery, and everyday convenience, making it ideal for first-home buyers, ...

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House

Bay Of Plenty 3110


131C Pillans Rd, Otumoetai

$739,000

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Priced Just Right and Yours for Christmas

Tucked down its own driveway on a rear sited cross lease section, this 1980s era freestanding brick townhouse enjoys the tranquil presence of neighbouring Rutherford Reserve. Only a short walk round the corner to the gates of sought-after Pillans Point School, this central property has all the ...

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Townhouse

Bay Of Plenty 3110


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