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

48A Ngatai Rd, Otumoetai

$967,000

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Prime Location - 3 Bedroom Dream

G.J. Gardner Homes House and Land Package featuring the Waipu design. Located in the sought-after suburb of Otumoetai, this brand-new house and land package offers the perfect blend of comfort, style, and convenience. Sitting on a 439m² easy-care section, this home has been ...

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Bay Of Plenty 3110


45B Hinewa Rd, Otumoetai

$769,000

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The views, the vibe, the value

Positioned in one of Otumoetai's most sought-after streets, this solid 3-bedroom, 2-bathroom brick home offers space, comfort, and elevated views - all wrapped in a quiet, quality neighbourhood. Hinewa Ridge. Set back from the street and capturing views of the harbour and Mauao, this ...

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Bay Of Plenty 3110


43B Seaway Tce, Otumoetai

$1,528,000

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Prime Location, Build for the View

G.J. Gardner Homes House and Land Package featuring the Remarkables design. This 4 bedroom home offers a wonderful blend of suburban living with close access to both urban conveniences and natures beauty. The suburb is known for its beautiful views, including vistas of the ...

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Bay Of Plenty 3110


45A Goods Rd, Otumoetai

$1,495,000

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Meticulous Quality Build in Coveted Pillans Point

This meticulously crafted 2024 built G J Gardner home is not just special for its prime Pillans Point School zone but impresses with high quality features and materials for peace of mind. Set well back from the road in its own secluded position, the Linea clad, double glazed residence comes with ...

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Bay Of Plenty 3110


1B Hunter Way, Otumoetai

$850,000

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Ready for a Grand Revival

It is time to up tools and unleash your creativity! This large family home with two-bathrooms is bursting with potential and waiting for someone with vision to make it shine once more. Set on a generous section with extra parking and tucked away down a private way, this property also enjoys views ...

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Bay Of Plenty 3110


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