Otatara Property Market And House Prices

Suburb of Invercargill City

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 Otatara, Invercargill City

Average House Value

0.3%
$722,900

Average Rent

$555

Estimated Yield

4.0%

Long Term Capital Growth

Not enough data available

Ed's Insights

Otatara is a suburb in Invercargill City.

2,901 people currently live in Otatara. 5.6% of these people rent.

The average house value in Otatara is $722,900.

That’s down -0.6% from from 2 years ago.

The median rent in Otatara is $555.

Market Insight - Median House Price Trend

Sales Data

Average House Value

0.3%
$722,900

Median Days to Sell

Not enough data available

Properties listed for sale in the last month

Not enough data available

Properties sold in the last 12 months

Not enough data available

Insights

Here is the sales data that we have for Otatara.

We currently don't have the number of days to sell a property in this suburb. We're working hard to get this data. Hopefully, it will be available shortly.

Rental Data

Median Rent

$555

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 Otatara at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Otatara want?

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

58.8% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Otatara is 2 cars.

69.2% of residents in the suburb own 2 cars.

How many Bedrooms do renters have in Otatara?

How many Cars do renters have in Otatara?