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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 99 investment properties found in Otumoetai on realestateinvestar.co.nz

21A Coach Dr, Otumoetai

$1,084,000

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Great Pricing, Amazing Views in Otumoetai

G.J. Gardner Homes House and Land Package featuring the Thames design. Prime section near the waterfront! This economical 3 bedroom home offers amazing views and an unbeatable location close to all amenities, schools and the Waikareao Estuary Walkway. Bright, open living spaces, ...

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Bay Of Plenty 3110


165 Vale St, Otumoetai

$839,000

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Now available! - Bring us an offer!

Set on 660sqm (approx.) of freehold land within the highly sought-after Pillans Point School zone, this single level four bedroom home offers space, comfort, and privacy in a peaceful, family friendly setting. Well positioned to enjoy its own secluded feel, the property has been thoughtfully ...

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Bay Of Plenty 3110


5A Carol Pl, Otumoetai

$975,000

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Modern Comfort & Carefree Living!

Superbly designed for effortless, carefree living, this beautifully presented home is an absolute must-see. Offering three generous bedrooms, two spacious living areas, two bathrooms and a dedicated office space, there is room here for families, professionals, or those who simply value ...

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Bay Of Plenty 3110


17 Baden St, Otumoetai

$865,000

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Refreshed. Reliable. Ready for You

This 140m² (approx.) brick home has just undergone a full refresh — fresh interior paint, new carpet and flooring, plus a brand new bathroom and kitchen featuring a sleek engineered benchtop and tiled walled. It's modern, sharp, and completely move-in ready. Situated down a private ...

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Bay Of Plenty 3110


45 Seaway Tce, Otumoetai

$1,469,000

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Stunning Harbour Views

G.J. Gardner Homes House and Land Package featuring the Sefton design. Elevated and in a sought-after location, this prime section captures sweeping views across the harbour and Mount. A rare opportunity to build your dream home in a stunning setting, enjoying sun, sea breezes, and ...

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Bay Of Plenty 3110


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