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Otumoetai, Tauranga District Community and Real Estate market information

Median Sales Price: $434,000 Local Listings: 0 Median Price Change: + 13.3% Property Sales: 9

Median Sales Price is a 3 month moving average. Local Listings and sales are for last month. More information on data sources can be found here.

About the Otumoetai Community

About Otumoetai:

Otumoetai is one of the older and more traditional family suburbs of Tauranga. Much of the housing growth occurred in the late 1960s and 1970s, although a lot of refurbishment of homes has occurred in the past decade.

Larger sites have been subdivided and homes on the north & harbour facing ridges of Pillans Point and Cherrywood have seen substantial upgrades. This has resulted in a range of values at both ends of the pricing spectrum, and many in the middle.

The suburb is serviced by two primary schools - Pillans Point and Otumoetai- and several preschool facilities.

Otumoetai Shopping:

The main shopping hub is Cherrywwod with three banks, a Postshop, two real estate companies and a range of suburban shops. There are also four small blocks of shops, two in Bureta and two in central Otumoetai. Bureta also hosts a large Motor Inn, bar and restaurant facility and adjacent bottle store.

Transport:

The wider Otumoetai area is well serviced by local transport with most streets only a few minutes walk to the nearest bus stop. Bus services are normally on the quarter or half hour, and operate in opposite directions.

Transport Link:

www.baybus.co.nz

Eating Out:

There are two main eateries in Otumoetai. The largest is the Grange restaurant at Bureta Park Motor Inn offering a buffet menu, with the accompanying TrustBar and cafe. Details are available on their websiteAnother popular eatery is the RSVP restaurant at Cherrywood offering a semi formal but broad menu.

Information Supplied by:

Richard Kluit

Regional Area Information

Regional Area Information

A guide to the icons:

  • Shopping Areas
  • Restaurants
  • Central Point of Suburb

Please Note: Map location deemed reliable but not guaranteed.

Regional Information Charts

Local Market Data Reports

 
Median Sales Price $434,000 + 13.3%
Number of New Properties 26 -27.8%
Number of Views 6576 -43.2%
Number of New Properties (rental) 7 -30%
Number of Views (rental) 996 -34.7%
Days to Sell (median) 89 2010 Apr
Property Sales 9 2010 Apr
 

Median Sales Price is a 3 month moving average. Local Listings, views, median days, new properties and sales are for last month. More information on data sources can be found here.

Local Market Chart Information

Chart shows Median Sales Price as a rolling 3 month average and the number of residential sales made for each month

Chart displays the Median Days to Sell a property for this suburb

Chart displays the number of properties put up for sale on realestate.co.nz in this suburb

This Chart displays the median listing for sale price of listings put up for sale on realestate.co.nz in this suburb

Local Market Chart Information

There are plenty more Otumoetai properties for sale at realestate.co.nz.