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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 179 investment properties found in Cromwell on realestateinvestar.co.nz

7/9 Mead Avenue (Type A), Cromwell

$755,000

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Golf course living, central convenience

Positioned in the heart of Cromwell, Pisa Villas presents a boutique collection of thirty-three architecturally designed townhouses positioned along the Cromwell Golf Course. Combining contemporary design with an unbeatable location, these thoughtfully crafted residences offer effortless living ...

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Otago 9310


7/9 Mead Avenue (Type B), Cromwell

$660,000

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Golf course living, central convenience

Positioned in the heart of Cromwell, Pisa Villas presents a boutique collection of thirty-three architecturally designed townhouses positioned along the Cromwell Golf Course. Combining contemporary design with an unbeatable location, these thoughtfully crafted residences offer effortless living ...

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Unit

Otago 9310


13 Matthews Cres, Cromwell

$985,000

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Comfortable Winner

The owners of this delightful home are on the move to be closer to family in their retirement. A well-maintained home that provides comfort, privacy and shelter and all set in a charming garden with established shrubs and trees. Take in the hill views from the open-plan living area that also ...

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House

Otago 9310


12 Booth Dr, Cromwell

$1,175,000

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A Bright Move

Crafted with precision and positioned for lifestyle, this standout home in Wooing Tree Estate is the perfect fit for buyers who value quality construction, generous proportions, and a setting that feels both private and connected. A builder's own home, built by the highly regarded LBPs at Bright & ...

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Otago 9310


Lot 1072 Wooing Tree, Cromwell

$965,000

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Turnkey Home in Cromwell - Exceptional Value

Discover an exceptional opportunity to secure a contemporary home in the heart of Central Otago — an area celebrated for its boutique vineyards, breathtaking landscapes, and renowned cycling trails. Positioned in a premium location beside the reserve, this property enjoys an added sense of space, ...

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House

Otago 9310


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