Feature article
Otago regional property market insights
A snapshot of Otago’s property market.
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AI summary
Otago’s property market shows notable growth, with the average sale price hitting $878,400 in December 2024, up 4.7% annually. Buyer choice has expanded, with a 28.2% yearly increase in property listings.
The rental market is also strong, with the average rent rising 11.6% year-on-year to $625.
An expert from LJ Hooker notes market stabilisation and predicts prices will appreciate by late 2025, driven by falling interest rates and new legislation for investors.
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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