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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

121 Ngatai Rd, Otumoetai

$675,000

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Smart first home buying.

Getting onto the property ladder has never looked so good. Set in such a convenient location, this solid home is the perfect place to start your home ownership journey while making a smart investment for the future. Light filled open plan living creates a welcoming space for family and ...

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Bay Of Plenty 3110


45A Goods Rd, Otumoetai

$1,435,000

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Stylish, Low Maintenance 2024 Home in Top Area

Discover the ideal match for modern living, this 2024 energy efficient 215sqm (approx.) home delivers the space of a full family residence with the ease of a low maintenance new build. Warm, quiet, and designed for lower running costs, it offers all the advantages of contemporary construction ...

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Bay Of Plenty 3110


60 Vale St, Otumoetai

$1,098,000

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Unlock the potential

Set on a generous 868sqm (approx.) freehold section, this three bedroom plus rumpus property presents a rare opportunity for renovators, builders, or developers. This property is perfectly positioned directly across from Otumoetai Golf Course, within the sought-after Pillans Point School zone and ...

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Bay Of Plenty 3110


69C Grange Rd, Otumoetai

$1,395,000

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Hidden Oasis - Resort Living

Welcome to 69C Grange Road, Otumoetai — a truly special property tucked away in one of Tauranga's most sought-after neighbourhoods. Hidden from the world and positioned within a peaceful, established setting, this substantial 230-square-metre family home offers the perfect balance of space, ...

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Bay Of Plenty 3110


2/24 Kulim Ave, Otumoetai

$670,000

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Harbour-Side Simplicity in Otumoetai

Easy-care living in Kulim Ave feels simple and practical in this one-bedroom, one-bathroom newly renovated unit at 2/24 Kulim Avenue. With a 70m² floor area, two living rooms, one carpark and a layout that offers more flexibility than you might expect, it's a smart option for buyers wanting a ...

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Bay Of Plenty 3110


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