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

21A Coach Dr, Otumoetai

$1,380,000

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Harbour Views in Otumoetai - House & Land Package

This stunning two-storey home offers the perfect blend of style, space, and lifestyle. Featuring 3 bedrooms, 3 bathrooms, and a double garage, it's designed for modern living in one of Tauranga's most desirable suburbs. Enjoy harbour views from your new home and take full advantage of ...

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House

Bay Of Plenty 3110


155A Pillans Rd, Otumoetai

$929,000

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Effortlessly Complete

Meaning: Every element of this home has been thoughtfully brought together, creating a property where comfort, functionality, and lifestyle naturally fall into place. FRESH Positioned in the ever popular Pillans Point, this beautifully presented home offers a lifestyle that's ...

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House

Bay Of Plenty 3110


244a Grange Rd, Otumoetai

$1,650,000

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Country lifestyle in the middle of Otumoetai

Buy direct from me and I'll discount the agency fees. 5 beds + 6 car garage on 2.1 hectares in Otumoetai A slice of Tauranga Paradise with tranquillity, distant neighbours, shelter from the wind, all day sun, and amazing day/night harbour views; 7 minutes drive from the ...

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Other

Bay Of Plenty 3110


170 Darraghs Rd, Otumoetai

$625,000

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Freehold Cosy Brookfield Townhouse

Brookfield is an up and coming popular area for all price ranges, for any one from singles to families and investors. This cosy renovated townhouse on a small site will suit those on a smaller budget who want an easy care home close to the shops supermarket and schools. Open plan living with air ...

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Townhouse

Bay Of Plenty 3110


4/41 Bureta Rd, Otumoetai

$649,000

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Downsize Without Compromise

Backing directly onto the Otumoetai Golf Course, this home has undergone an extensive transformation inside and out, resulting in a fresh, modern and move-in-ready home. Now fully completed, the owners are seriously committed to selling and welcome all offers. Easy-care and beautifully finished, ...

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Unit

Bay Of Plenty 3110


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