55 Otago Bay Rd, Otago is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1594m2.
This is a rare opportunity to secure a comfortable home set in a spectacular waterside location with magnificent river and mountain views and set on a large waterfront block of land, with a total land area of approximately 1594 sqm.
The home offers comfortable accommodation including separate lounge with wood heating, spacious kitchen with adjacent meals area, relax on the sun deck and take in the ever changing activity on the river. There are three generous size bedrooms plus a large rumpus/ games room downstairs.
A popular and sought after location only 20 minutes approx. to the CBD and ten minutes to either Eastlands or Northgate shopping precincts.
The size of Otago is approximately 5.4 square kilometres. It has 2 parks covering nearly 52.9% of total area. The population of Otago in 2016 was 554 people. By 2021 the population was 596 showing a population growth of 7.6% in the area during that time. The predominant age group in Otago is 60-69 years. Households in Otago are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Otago work in a professional occupation.In 2021, 89.30% of the homes in Otago were owner-occupied compared with 92.50% in 2016.
Otago has 271 properties. Over the last 5 years, Houses in Otago have seen a 47.59% increase in median value. As at 28 February 2026:
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