Feature article
Otago regional property market insights
A snapshot of Otago’s property market.
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AI summary
The Otago property market is showing signs of stabilisation. The average sale price reached $878,400 in December 2024, up 4.7% annually. Buyers have significantly more choice, with a 28.2% year-on-year increase in available properties.
The rental market also saw strong growth, with the average weekly rent hitting $625, an 11.6% annual rise.
According to an expert from LJ Hooker, the market is balanced, with prices expected to start appreciating by the end of 2025.
Otago’s regional property market at a glance - residential properties for sale
Otago’s regional property market at a glance - residential properties for rent
Insights from an Otago property market expert
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