Otaki Property Market And House Prices

Suburb of Kapiti Coast 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 Otaki, Kapiti Coast District

Average House Value

1.3%
$638,400

Average Rent

$550

Estimated Yield

4.5%

Long Term Capital Growth

6.9%

Ed's Insights

Otaki is a suburb in Kapiti Coast District.

4,932 people currently live in Otaki. 28.6% of these people rent.

The average house value in Otaki is $638,400.

That’s down 9.8% from from 2 years ago.

The median rent in Otaki is $550.

Market Insight - Median House Price Trend

Sales Data

Average House Value

1.3%
$638,400

Median Days to Sell

36

Properties listed for sale in the last month

11

Properties sold in the last 12 months

121

Insights

The average house value in Otaki is $638,400.

On average it takes 36 days to sell a house.

All up 121 properties were sold in Otaki over the last year, and 11 properties were listed for sale in the last month.

Rental Data

Median Rent

$550

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

Demographic Info

What do tenants in Otaki want?

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

43.3% of tenants in the suburb rent properties with 3 bedrooms.

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

54.9% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Otaki?

How many Cars do renters have in Otaki?