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Investment Property Otago, New Zealand

State Snapshot

Otago is a state in New Zealand. Otago has a population of 202,732 people and 29.35% of its occupants live in rental accommodation. The median listing price for houses is $699,000 and this has changed 3.56% over the past year and changed -0.74% over 2 years.

The median rent in for houses is $650 per week and the median rental yield is 4.84%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 89 days.The median listing price for units is $649,000 and this has changed 1.09% over the past year. The average unit takes 99 days to sell and the median rent for a unit in Otago is $525 per week, producing a rental yield of 4.21%.

Supply & Demand in Otago

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 Otago

  House Townhouses Units
Median listing price $699,000 $659,500 $649,000
Median price change - last quarter 0.58% -0.61% 0.00%
Median price change - 1 year 3.56% 1.09% 1.09%
Median price change - 2 years -0.74% -7.25% -8.15%
  House Townhouses Units
Median weekly rent $650 $600 $525
Median yield % 4.84% 4.73% 4.21%
Median rent change - 1 year 8.33% 4.35% 8.25%
  House Units
Average days on market 89 99

Otago investment property listings

Showing 5 of 3,701 investment properties found in Otago on realestateinvestar.co.nz

35 & 33 Forth St, Oamaru

$499,000

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POSITION, POTENTIAL & PANORAMA

Perched in an elevated position with sweeping views across Oamaru and out to the coastline, this substantial family home offers space, comfort, and an outlook that is hard to overlook. Filled with natural light, the home enjoys expansive living areas designed to make the most of the ...

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House

Otago 9400


27 Kingston St, Albert Town

$0

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Established, Peaceful & Easy to Love

Whether you're searching for your next family home, a place to slow down, or simply a property with a bit more space and flexibility, this one deserves your attention. Here are five reasons why we should see you at the next open home: 1. It's Albert Town the way many remember ...

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House

Otago 9305


5 Kew Pl, Corstorphine

$0

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Modern Living, Made Easy

Positioned within a small enclave, this newer home offers the appeal of contemporary living at an accessible price point. Conveniently located approximately 2km from St Clair Beach and 5km from the Octagon, it provides an easy-care base from which to enjoy the best of both city and beach ...

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House

Otago 9012


65 Taward St, Oamaru

$579,000

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Secure Living & Plenty of Parking

This well-presented three-bedroom roughcast home in popular North End Oamaru offers comfort, practicality, and plenty of space both inside and out. Featuring aluminium windows, a new roof, and new carpets throughout, much of the hard work has already been done. Close to schools, and sports ...

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Otago 9400


Lot 471, 170 Burdon Loop, Lake Hawea

$1,060,000

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Contemporary Lake Hawea Living

G.J. Gardner Homes House and Land Package featuring a Custom design. Enjoy modern living in the popular Longview development with this turnkey home and land package. Designed for comfort and functionality, this brand-new 144.14m² home features 3 bedrooms, 2 bathrooms, and a dedicated ...

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House

Otago 9345


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