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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

2/24 Kulim Ave, Otumoetai

$710,000

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Harbour-Side Simplicity in Otumoetai

Easy-care living in Otumoetai feels simple and practical in this one-bedroom, one-bathroom newly renovated unit at 2/24 Kulim Avenue. With a 70m² floor area, one carpark and a layout that offers more flexibility than you might expect, it's a smart option for buyers wanting a low-maintenance ...

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Bay Of Plenty 3110


3/35 Bureta Rd, Otumoetai

$529,000

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Brick, Birdies, Bargain

Home- Overlooking the golf course, this well kept 2 bedroom home offers relaxed, low maintenance living in a tightly held location. The main living opens effortlessly to a sunny deck and BBQ area, creating an easy space to entertain or unwind while enjoying the outlook. Comfortable and ...

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Bay Of Plenty 3110


17 Lemon Grove Ave, Otumoetai

$980,000

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Elevated Outlook, Real Opportunity

With the owners moving into retirement, this much-loved home is now ready for its next chapter. Positioned in an elevated setting with harbour outlooks and sun-filled interiors, this is an exceptional opportunity to secure a property that blends comfort, practicality, and lifestyle in perfect ...

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House

Bay Of Plenty 3110


15 Ngahere St, Otumoetai

$1,165,000

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Heart of Cherrywood

Step into effortless living in one of Cherrywood's most convenient and sought after locations, just a short, easy stroll to the local shops, cafes, and everyday essentials. Beautifully refurbished throughout, this home offers a fresh, modern feel with nothing left to do but move in and enjoy. ...

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House

Bay Of Plenty 3110


26A Short St, Otumoetai

$710,000

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Cherrywood peaches and cream!

Positioned in one of the most sought-after pockets between Cherrywood and Bureta, this charming, fully renovated home delivers warmth, character, and effortless living in a location that continues to shine. Set on a freehold section, this delightful residence has been thoughtfully ...

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Bay Of Plenty 3110


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