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Investment Property Cromwell, Otago

Suburb Snapshot

Cromwell is a suburb in the Central Otago Region of Otago. Cromwell has a population of 4,429 people and 31.95% of its occupants live in rental accommodation. The median listing price for houses is $1,010,000 and this has changed 6.32% over the past year and changed 3.26% over 2 years.

The median rent in Cromwell for houses is $720 per week and the median rental yield is 3.71%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 114 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 124 days to sell and the median rent for a unit in Cromwell is $600 per week, producing a rental yield of NA.

Supply & Demand in Cromwell, Central Otago

17,722

Population


24.77%

Rental population


202,732

Population


29.35%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Cromwell, Central Otago

  House Townhouses Units
Median listing price $1,010,000 NA NA
Median price change - last quarter 1.52% NA NA
Median price change - 1 year 6.32% NA NA
Median price change - 2 years 3.26% NA NA
  House Townhouses Units
Median weekly rent $720 NA $600
Median yield % 3.71% NA NA
Median rent change - 1 year 6.67% NA 4.35%
  House Units
Average days on market 114 124

Cromwell investment property listings

Showing 5 of 152 investment properties found in Cromwell on realestateinvestar.co.nz

45 Antrim St, Cromwell

$795,000

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Solid Investment or Future Home in Old Cromwell

If you're looking for a solid investment or your future family home, 45 Antrim Street is a must-see. This beautifully updated character home blends timeless charm with modern convenience and sits proudly in the heart of sought-after Old Cromwell. Just a short stroll from the iconic Heritage ...

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House

Otago 9310


69 Magnum Dr, Cromwell

$1,156,500

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H&L Package. Ready to build. All approvals

Buy our unique design dream home! Boost your life in the incomparable Play-Ground of Central Otago. YOU CAN BUY/BUILD our dream holiday home that is perfectly located for EVERYTHING at Wooing Tree, Cromwell. Get your life into the affordable Cromwell hub of the ...

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House

Otago 9310


5 Ethereal Cres, Cromwell

$1,595,000

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Space, Style & Value for Big Families

If you're searching for incredible value in a spacious home that effortlessly caters to large, blended, or multi-generational families, 5 Ethereal Crescent in the peaceful community of Pisa Moorings is the one you've been waiting for. This substantial two-level residence offers the perfect blend ...

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House

Otago 9383


2 Bruce St, Cromwell

$860,000

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Charming Family Home with Modern Flair!

Freshly updated and looking fantastic, this renovated Lockwood home on Bruce Street is full of warmth, character, and modern comforts. Sitting proudly on a perfectly sized 506sqm section, it offers 160sqm of well designed living space, making it an ideal choice for first home buyers, families, ...

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House

Otago 9310


48 Lynn La, Cromwell

$1,799,000

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Bannockburn Living with Serene Valley Views

This beautifully positioned home provides you with endless magnificent valley views that you will never tire of. The contemporary styled home built in 2020 provides for both family living and those empty nesters who need extra room when family and friends come to stay. The section also provides ...

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House

Otago 9384


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