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

195 Grange Rd, Otumoetai

$1,900,000

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ICONIC CHARACTER FAMILY HOME WITH HARBOUR VIEWS

This spacious home on a level 1506m2 site enjoys a prime position and peace and privacy thanks to its situation well off the main road. A rare property that has space for all the family and is an entertainer's delight. It has also been run as a successful B&B and lends itself to work from home ...

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Bay Of Plenty 3110


68 Milton Rd, Otumoetai

$899,000

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Milton Magic

Nestled on the esteemed Milton Road in Otumoetai, 68 Milton Road is an exceptional find in the Bay of Plenty postcode of 3110. This fully refurbished three-bedroom, one-bathroom house stands proudly, offering an ideal balance of lux living with ample deck space for a family or discerning ...

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Bay Of Plenty 3110


10 Seaway Tce, Otumoetai

$1,390,000

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Offers over $1,390,000

Contemporary dual living with views Extensively renovated to an exceptional standard, this like new, contemporary two storey home is positioned in one of Otumoetai's most sought after cul-de-sacs and is a short stroll to the water's edge. Offering two living and three bedrooms, the property ...

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Bay Of Plenty 3110


18 and 18A Harbour Dr, Otumoetai

$2,500,000

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Harbour Front Home and Section

Welcome to a great opportunity to acquire a harbour front property offering gorgeous unobstructed water views of the Tauranga Harbour. The rear section is ready for your new build, for additional parking, or for play. The total land holding is 809sqm (approximately). The brick and tile home ...

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Bay Of Plenty 3110


81b Kulim Ave, Otumoetai

$3,060,000

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Picture perfect, waterfront living

Luxuriate in this front row seat to enjoy the ever changing and spectacular panoramic view of Tauranga harbour, Matakana Island, the Tauranga Port, with majestic Mount Maunganui as the centre piece. Largely single level, this 1990s era home has been stylishly modernised, setting the scene for a ...

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Bay Of Plenty 3110


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