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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 $995,000 and this has changed 5.85% over the past year and changed 6.82% over 2 years.

The median rent in Cromwell for houses is $700 per week and the median rental yield is 3.66%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 122 days.The median listing price for units is $725,000 and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Cromwell is $595 per week, producing a rental yield of 4.27%.

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 $995,000 NA $725,000
Median price change - last quarter 3.68% NA NA
Median price change - 1 year 5.85% NA NA
Median price change - 2 years 6.82% NA NA
  House Townhouses Units
Median weekly rent $700 NA $595
Median yield % 3.66% NA 4.27%
Median rent change - 1 year 3.70% NA 6.25%
  House Units
Average days on market 122 NA

Cromwell investment property listings

Showing 5 of 141 investment properties found in Cromwell on realestateinvestar.co.nz

8 Booth Dr, Cromwell

$885,000

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Turn-key package in The Wooing Tree

Latitude Homes have put together a superb affordable house and land package with a quality fitout that you can just bring your furniture and move on in and live. This package includes all drapes, blinds, carpet, appliances including oven, cooktop and dishwasher and finally landscaping and fencing ...

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Otago 9310


4 Gavan St, Cromwell

$870,000

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What a welcoming transformation

The work has been done and now this beautifully transformed three-bedroom, two-bathroom home is ready for its new owners. Featuring a brand-new kitchen and ensuite, this residence has undergone significant upgrades, including plumbing and electrical enhancements. From the moment you enter the ...

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House

Otago 9310


5A Carlow Pl, Cromwell

$900,000

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The Ultimate Shed House - Space, Storage & Style!

If you need space for your toys, cars, or a serious workshop, this impressive shed house is the perfect fit! Designed for both function and comfort, it features a well-built home with three generous double bedrooms, two beautifully tiled bathrooms, and an open-plan kitchen, living, and dining ...

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House

Otago 9310


23 Gair Ave, Cromwell

$1,100,000

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Modern Elegance in a Prime Cromwell Location

Situated in a sought-after location with convenient greenway access to town and a short bike or walk historic Old Cromwell, this contemporary black brick home with concrete tile roofing offers timeless appeal and minimal upkeep. Designed for both comfort and functionality, the property features ...

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Otago 9310


11 Westmoreland Pl, Cromwell

$770,000

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Charming family home in quiet Cromwell cul-de-sac

Welcome to 11 Westmoreland Place, a charming residence nestled in the heart of Cromwell, offering a perfect blend of comfort, convenience, and family-friendly living. This delightful property is ideally situated in a peaceful cul-de-sac, presenting an opportunity for families, first-time buyers, ...

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House

Otago 9310


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