Otumoetai Property Market And House Prices
Suburb of Tauranga City
Author: Ed McKnight
Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.
Key house price data for Otumoetai, Tauranga City
Key house price data for Otumoetai, Tauranga City
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Otumoetai is a suburb in Tauranga City.
7,767 people currently live in Otumoetai. 29.7% of these people rent.
The average house value in Otumoetai is $990,350.
That's down 8.5% from 2 years ago.
Market Insight - Median House Price Trend
Sales Data
Average House Value
Median Days to Sell
Properties listed for sale in the last month
Properties sold in the last 12 months
Insights
The average house value in Otumoetai is $990,350.
On average it takes 38 days to sell a house.
All up 155 properties were sold in Otumoetai over the last year, and 20 properties were listed for sale in the last month.
Rental Data
Median Rent
Rental properties listed last year
Rental properties listed last month
Median days to rent
| Bedrooms | Rent | Change |
|---|---|---|
3 Bedrooms | $702/week | 2.4% |
Insights
There is no rental data available for Otumoetai at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Otumoetai want?
The most popular number of bedrooms a tenant rents in Otumoetai is 3 bedrooms.
39.6% of tenants in the suburb rent properties with 3 bedrooms.
The most popular number of cars in Otumoetai is 1 car.
46.2% of residents in the suburb own 1 car.