Download your FREE reports now!

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

26A Short St, Otumoetai

$710,000

property pic

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 ...

Get more info on this property
rei

2

rei

1

rei

2

House

Bay Of Plenty 3110


16 Hinewa Rd, Otumoetai

$2,495,000

property pic

Elmdene

Address: 16 Hinewa Road, Otumoetai List Price: 2,495,000 NZD Viewings: By Appointment Status: New Listing Website Link: https://olvrd.nz/16Hi As one of the area's originals, and at one time the residence of an orchard, Elmdene occupies over a quarter acre of ...

Get more info on this property
rei

5

rei

3

rei

2

House

Bay Of Plenty 3110


244a Grange Rd, Otumoetai

$1,999,500

property pic

Luxury Lifestyle with Spectacular Views

Rarely does a stunning home with such stunning uninterrupted panoramic estuary views come to the market. Set upon a prestigious, elevated 20,806 sqm (Approx) freehold section, this timeless 2012-built home offers a lifestyle of absolute tranquillity and panoramic beauty. Making your way down ...

Get more info on this property
rei

5

rei

3

rei

6

Other

Bay Of Plenty 3110


8E Hinewa Rd, Otumoetai

$1,695,000

property pic

A View to Come Home To

Arriving home feels different here. The world slows, the horizon opens, and the day quietly slips into a calm, unhurried rhythm. Perched high on the ridgeline above Cherrywood, this penthouse offers more than elevation, it offers perspective with lock and leave security. Mornings begin with ...

Get more info on this property
rei

3

rei

2

rei

2

Unit

Bay Of Plenty 3110


257B Ngatai Rd, Otumoetai

$525,000

property pic

GREAT STARTER IN FAB LOCATION

Situated near the Cherrywood shops, and handy to public transport, the property is located in a very desirable neighbourhood. The two-bedroom middle unit has been renovated and is an easy care home and section for someone looking to get on the property ladder. The kitchen and bathroom have ...

Get more info on this property
rei

2

rei

1

rei

0

Unit

Bay Of Plenty 3110


Navigate to more Suburbs, Regions or States