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

5 Mead Ave, Cromwell

$569,000

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Premium architect designed family homes

Introducing Fairway Landing, a new, premium development overlooking the golf course. Designed by Matz Architects and to be constructed by Scott Construction, this two-stage project will deliver 41 townhouses alongside an 18-room boutique motel, creating a modern, high-quality holiday destination. ...

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Townhouse

Otago 9310


2 Ray St, Cromwell

$995,000

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Style, Charm & Location All in One!

Perfectly positioned just across from the lake and popular cycle trails, this gorgeous cottage-style home is truly something special. Bursting with character and finished with modern flair, it's the kind of property that instantly feels like "the one." Step inside and be impressed by the ...

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House

Otago 9310


59 Waenga Dr, Cromwell

$935,000

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Retirement, holiday or starter

A remarkably versatile opportunity - whether you're seeking a relaxing retirement haven, an easy holiday base, or a comfortable first home. This beautifully presented property at 59 Waenga Drive offers a warm, sun-filled lifestyle with its inviting north-facing living spaces and serene garden ...

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House

Otago 9310


32 Missy Cres, Cromwell

$1,065,000

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Must see. Charming and picturesque

Enjoy this perfectly positioned charming modern cottage-style brick home that is amid a picturesque 1,095m2 private setting. Immaculately presented throughout, this home is sure to catch the eye of savvy house hunters that can see the advantage of a great sized section and the practicality of a ...

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House

Otago 9383


55 Missy Cres, Cromwell

$1,350,000

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Welcoming, well loved, and wonderfully positioned

Feel right at home the moment you step inside this lovingly maintained four bedroom, two bathroom property. The welcoming entranceway opens into a bright and spacious open plan kitchen, dining, and living area - the perfect place to gather, cook, and enjoy time together. A large pantry keeps ...

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House

Otago 9383


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