Otago just short of ‘aspirational’ rise - News Summed Up

Otago just short of ‘aspirational’ rise


PHOTO: STEPHEN JAQUIERYProperty investors across Otago will be "a wee bit gutted" prices did not quite double over the past decade, a Dunedin landlord says. "Over the past decade we have seen significant regional variation and, in many areas, growth has fallen well short of that aspirational ‘doubling in value’ benchmark." Both Otago and Central Otago-Lakes District missed out by a hair, rising 95.3% to $609,497 and 96% to $1,485,995, respectively, over the past decade. Otago Property Investors Association vice-president Kathryn Seque-Roche said investors would be "a wee bit gutted". Ms Williams said that while neither Otago nor Central Otago-Lakes District properties doubled in value, both regions grew substantially over the past decade.


Source: Otago Daily Times January 19, 2026 22:07 UTC



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