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Real Estate Market: Is Otago TAS 7017 a Good Suburb to Buy Into?
Housing Market in Otago
Sources: Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Hobart | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $468 | Bottom 27% |
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| Premium | Premium | Premium |
Housing Supply in Otago
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL and Microburbs, 2002 - 2023
| Field | Value | VS Hobart | Trend | |
|---|---|---|---|---|
| 177 | Top 15% |
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| 2.0 | Bottom 40% | Data for Jul 2023 | ||
| 37.0 | Top 18% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 1 | Top 38% |
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Housing Stock Quality in Otago
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
| Field | Value | VS Hobart | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.7 | Top 30% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Otago
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
| Field | Value | VS Hobart | Trend | |
|---|---|---|---|---|
| 2.9 sq km | Bottom 30% | Data for Jan 2021 | ||
| 3550 sqm per resident | Top 31% | Data for Jan 2021 |
Risk in Otago
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Hobart | Trend | |
|---|---|---|---|---|
| 96.4% | Top 31% |
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| 3.5% | Bottom 31% |
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| 47 | Top 16% | Data for Jun 2023 | ||
| $1,630 | Bottom 33% |
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| 71 | Bottom 16% | Data for Jun 2023 | ||
| 67 | Bottom 13% | Data for Jun 2023 | ||
| 21.9% | Bottom 47% |
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| 44.3% | Top 34% |
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Housing Demand in Otago
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
| Field | Value | VS Hobart | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 20600 | Bottom 8% |
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| Premium | Premium | Premium | ||
| 65900 | Top 22% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Accommodation Options (3)
| Headline | Place | Datetime |
|---|---|---|
| Otago Cottage | 19 Restdown Dr | |
Planning Applications: Dwellings (2)
| Headline | Place | Date |
|---|---|---|
| Additions & Alterations (Single Dwelling) & New Outbuilding - Clarence City Council PDPLANPMTD-2024 047657 | 54 Oakbank Road, Otago, TAS | 19 Oct 2024 |
| Additions & Alterations to Dwelling & New Residential Outbuilding - Clarence City Council PDPLANPMTD-2024-043442 | 2 Roebourne Road, Otago, TAS | 24 Apr 2024 |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 44 Otago Bay Rd | $664,000 | 2.0 | 1.0 | 2.0 | 12 Nov 2025 | 0 | On Market |
| 37 Derwentlaken Rd | Price Withheld | 4.0 | 2.0 | 5.0 | 25 Sep 2025 | 0 | On Market |
| 19 Direction Dr | $885,000 | 4.0 | 3.0 | 5.0 | 11 Feb 2025 | 0 | On Market |
| 19 Direction Dr | $885,000 | 4.0 | 3.0 | 11 Feb 2025 | 0 | On Market | |
| 8 Roebourne Rd | $1,295,000 | 6.0 | 3.0 | 11.0 | 30 Aug 2024 | 0 | On Market |
Median House Rental Prices by Street (1)
| Street | Date | Median rent (per week) |
|---|---|---|
| Otago Bay Rd | 06 Dec 2025 | $468 |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Clarence |
Median House Sale Prices by Street (3)
| Street | Date | Median sale value |
|---|---|---|
| Derwentlaken Rd | 06 Dec 2025 | $891,200 |
| Otago Bay Rd | 06 Dec 2025 | $607,600 |
| Penenjou Rd | 06 Dec 2025 | $945,500 |
Turnover Rate by Street (13)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 103.1% | Otago Bay Rd | very high turnover | Every 9.7 years (very high turnover) | 2025 |
| 50.0% | Penenjou Rd | very tightly held | Every 20.0 years (very tightly held) | 2025 |
| 90.9% | Roebourne Rd | high turnover | Every 11.0 years (high turnover) | 2025 |
| 75.0% | Restdown Dr | average turnover | Every 13.3 years (average turnover) | 2025 |
| 116.7% | Lagoon Rd | very high turnover | Every 8.6 years (very high turnover) | 2025 |
Percent of Renters by Street (13)
| Percent of Renters | Street |
|---|---|
| 11.1% | Conrad Dr |
| 0.0% | East Derwent Hwy |
| 0.0% | Derwentlaken Rd |
| 34.4% | Direction Dr |
| 0.0% | Kandos Dr |
Businesses (6)
| Name | Address |
|---|---|
| Andrew Shaw Concreting | 46/48 Otago Bay Rd, Otago TAS 7017, Australia |
| Brick & Concrete Dwelling | 179 Otago Bay Rd, Otago TAS 7017, Australia |
| OTAGO ELECTRICS & HOME RENOVATIONS | 8, Lagoon Rd |
| CONNECT Safety Solutions (TAS) Pty Ltd | |
| OTAGO ELECTRICS & HOME RENOVATIONS | 8, Lagoon Rd |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 10 Roebourne Rd | $900 | 5 | 3 | 6 | 11 Apr 2025 | 0 |
| 10 Roebourne Rd | $900 | 5 | 3 | 6 | 11 Apr 2025 | 0 |
| 10 Roebourne Rd | $900 | 5 | 3 | 6 | 11 Apr 2025 | 0 |
| 10 Roebourne Rd | $900 | 5 | 3 | 6 | 11 Apr 2025 | 0 |
| 10 Roebourne Rd | $900 | 5 | 3 | 6 | 11 Apr 2025 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 21 Derwentlaken Rd | Price Withheld | 25 Oct 2022 | On Market | |||
| 21 Derwentlaken Rd | Price Withheld | 25 Oct 2022 | On Market | |||
| 21 Derwentlaken Rd | Price Withheld | 25 Oct 2022 | On Market | |||
| 21 Derwentlaken Rd | Price Withheld | 25 Oct 2022 | On Market | |||
| 21 Derwentlaken Rd | Price Withheld | 25 Oct 2022 | On Market |
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Profiles
Nearby Suburbs