Property investors who have had real estate in Otago, 7017 should be relatively 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 -3.04%
If we look at median property appreciation over just the last three months, Otago has given property investors a paper return of 9.91%. This puts Suburb as 21 on a list of fastest fasting appreciating suburbs in TAS
Our latest figures would indicate that property sellers in Otago are currently offering property investors an average price cut of -9.24% below the asking price at the moment.