Oamaru Property Market And House Prices

Suburb of Waitaki District

Ed McKnight

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.

Last Updated:

Key house price data for Oamaru, Waitaki District

Average House Value

2.2%
$431,300

Average Rent

$420

Estimated Yield

5.1%

Long Term Capital Growth

Not enough data available

Ed's Insights

Oamaru is a suburb in Waitaki District.

2,235 people currently live in Oamaru. 31.3% of these people rent.

The average house value in Oamaru is $431,300.

That’s down 5.6% from from 2 years ago.

The median rent in Oamaru is $420.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.2%
$431,300

Median Days to Sell

44

Properties listed for sale in the last month

43

Properties sold in the last 12 months

305

Insights

The average house value in Oamaru is $431,300.

On average it takes 44 days to sell a house.

All up 305 properties were sold in Oamaru over the last year, and 43 properties were listed for sale in the last month.

Rental Data

Median Rent

$420

Rental properties listed last year

Not enough data available

Rental properties listed last month

Not enough data available

Median days to rent

Not enough data available

Insights

There is no rental data available for Oamaru at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Oamaru want?

The most popular number of bedrooms a tenant rents in Oamaru is 3 bedrooms.

36.4% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Oamaru is 1 car.

50.0% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Oamaru?

How many Cars do renters have in Oamaru?