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Investment Property Wanaka, Otago

Suburb Snapshot

Wanaka is a suburb in the Queenstown-Lakes Region of Otago. Wanaka has a population of 5,622 people and 32.80% of its occupants live in rental accommodation. The median listing price for houses is $1,599,000 and this has changed -10.92% over the past year and changed 12.54% over 2 years.

The median rent in Wanaka for houses is $855 per week and the median rental yield is 2.78%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 116 days.The median listing price for units is $1,750,000 and this has changed 0.00% over the past year. The average unit takes 132 days to sell and the median rent for a unit in Wanaka is $640 per week, producing a rental yield of 1.90%.

Supply & Demand in Wanaka, Queenstown-Lakes

27,895

Population


37.12%

Rental population


202,732

Population


29.35%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Wanaka, Queenstown-Lakes

  House Townhouses Units
Median listing price $1,599,000 $750,000 $1,750,000
Median price change - last quarter -2.27% -1.64% 0.00%
Median price change - 1 year -10.92% 0.00% 0.00%
Median price change - 2 years 12.54% -1.25% -9.07%
  House Townhouses Units
Median weekly rent $855 $875 $640
Median yield % 2.78% 6.07% 1.90%
Median rent change - 1 year 3.01% 9.38% 13.27%
  House Units
Average days on market 116 132

Wanaka investment property listings

Showing 5 of 332 investment properties found in Wanaka on realestateinvestar.co.nz

20 Mount Nicholas Ave, Wanaka

$1,329,000

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The perfect all-rounder on Mount Nicholas Avenue

20 Mount Nicholas Avenue offers a modern, low-maintenance lifestyle just minutes from Wanaka's town centre and lake. With local amenities such as a cafe, bike pump track, tennis courts and walking and biking trails close by, you'll enjoy the best of Northlake living right at your doorstep. ...

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House

Otago 9305


1-15/86-90 Youghal St, Wanaka

$1,550,000

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Youghal Street Villas Wanaka from $1,550,000

Imagine waking each morning where the charm of old-school Wanaka meets the sophistication of modern living. Welcome to a boutique collection of villas unlike anything else currently available in Wanaka. Nestled in a peaceful park-like setting at the end of a quiet cul-de-sac, this ...

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Unit

Otago 9305


7 Buttercup St, Wanaka

$1,699,000

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Final landscaping being finished, be in for winter

This thoughtfully designed home blends classic architectural sensibilities with modern functionality. A welcoming entrance sets the tone as it leads into the spacious open-plan living area, complemented by a separate media room to enhance flexibility and comfort. Move in ready, this home won't be ...

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House

Otago 9305


18 hidden hills Dr, Wanaka

$4,125,000

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Location, Income, Potential

This fabulous property's elevation, panoramic views, privacy and sun align all the stars. Potential options for this 2019 Eco-build , VA consented home and rental property are many. Easy conversion/upgrade to a passive [solar] family home or, enhance an already impressive rental ...

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Other

Otago 9305


7 Rata St, Wanaka

$2,495,000

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Delivering perfection on Rata

This striking architectural residence, originally designed by Chris Prebble Architects in 2004, showcases clean lines and timeless sophistication, paired with a complete and meticulous renovation that presents absolutely as new. Immaculate throughout, the home delivers exceptional comfort and ...

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House

Otago 9305


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