Property investors who have had real estate in Otago, 7017 should be unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.70%
Across a shorter period, Otago, 7017 has seen a median price increase of 4.31% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Otago, 7017. Typically our figures indicate that -9.24% is being offered, which puts this TAS suburb at 488th most discounted overall in Australia.
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.