Oamaru is in Otago. Several thousands of New Zealanders search through Trade Me's property listings each week in search of their next house, with many of these people looking at areas in Oamaru.
As of Oct-25, the average listing price for a medium-sized house (3-4 bedrooms) in Oamaru is $582,150, a change of 3% on the prior three months. Year on year, the average listing price for medium-sized homes in Oamaru has actually increased by 4%, up from a previous value of $559,000.
Meanwhile, 1-2 bedroom homes in Oamaru are available for $374,000 on average, a change of 3% on the prior three months ($384,850). Similarly, a year ago small-sized houses in Oamaru were listed for $421,500, meaning prices have fallen by 11%.