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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

16A Balmoral Tce, Otumoetai

$955,000

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Pillans zoned family home with Income potential

Built in 1989, this 4 bedroom home sits on a cross lease site in a quiet culdesac offering potential buyers many options. 3 bedrooms upstairs, bathroom & seperate toilet complete the open plan kitchen, dining & living area with a green outlook to the Vale Street reserve capturing all ...

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House

Bay Of Plenty 3110


150 Vale St, Otumoetai

$820,000

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Location Plus

This single level well-constructed brick home, is a real hidden treasure in Otumoetai, one of Tauranga's most desirable locations. Of the three bedrooms, the master bedroom is particularly large and can be used also as a sewing room or a study. Just off the lounge is a conservatory which can be ...

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House

Bay Of Plenty 3110


274 Otumoetai Rd, Otumoetai

$675,000

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Location - charm - opportunity

Down a quiet driveway, this charming three bedroom, one bathroom home is full of potential and ready for its next chapter. Spread over two levels, the thoughtful floor plan offers both functionality and flexibility. Downstairs, you'll find the heart of the home, a warm and inviting open plan ...

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House

Bay Of Plenty 3110


230 Grange Rd, Otumoetai

$715,000

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0% Deposit | Affordable homes in Otumoetai

Jumpstart June has been extended! For a limited time, buyers can secure a brand-new Wolfbrook home with No Deposit required. Making it easier than ever to make your move! Whether you're buying your first home, next home or investing in property this is your chance. Don't delay — offer ...

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Townhouse

Bay Of Plenty 3110


15 Baden St, Otumoetai

$729,000

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Vendor Relocating!

-Charming, single-level home at the end of a quiet right-of-way in sought-after Otumoetai -Light-filled open plan living/dining with heat pump for year-round comfort -Warm, inviting kitchen with timber cabinetry, corner pantry, ample bench space & leafy outlook -Three bedrooms – ...

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Townhouse

Bay Of Plenty 3110


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