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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 $997,500 and this has changed 6.12% over the past year and changed 4.56% over 2 years.

The median rent in Cromwell for houses is $700 per week and the median rental yield is 3.65%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 123 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 $600 per week, producing a rental yield of 4.30%.

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 $997,500 NA $725,000
Median price change - last quarter 1.52% NA NA
Median price change - 1 year 6.12% NA NA
Median price change - 2 years 4.56% NA NA
  House Townhouses Units
Median weekly rent $700 NA $600
Median yield % 3.65% NA 4.30%
Median rent change - 1 year 6.06% NA 4.35%
  House Units
Average days on market 123 NA

Cromwell investment property listings

Showing 5 of 160 investment properties found in Cromwell on realestateinvestar.co.nz

49 Magnum Dr, Cromwell

$1,425,000

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Stunning New 4 Bedroom Home, Wooing Tree Cromwell

Fowler Homes Cromwell released this 484m2 section in the popular Wooing Tree Estate, Cromwell. This turnkey package is well under construction and includes four bedrooms, three bathrooms, open-plan living, an office nook, a walk-in pantry, outdoor living, and a double-car garage. ...

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House

Otago 9310


111, 113 Wooing Tree Ave, Cromwell

$1,295,000

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Park Lane Residences - Crafted by RAM Projects

Opportunities like this are rare - spectacular real estate of this calibre is seldom found in the prestigious Wooing Tree Estate, Cromwell. Designed and built by the renowned RAM Projects team, these striking pavilion-style homes offer the perfect harmony of architectural sophistication, ...

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House

Otago 9310


112A Neplusultra St, Cromwell

$765,000

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Perfect first home, holiday retreat or investment!

Nestled in a prime location within walking distance to the golf course, Lake Dunstan, and the town centre, this charming two-bedroom home offers convenience, comfort, and potential. Whether you're a first-home buyer, investor, or looking for an easy lock-and-leave holiday getaway, this property ...

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House

Otago 9310


70A Inniscort St, Cromwell

$650,000

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First home opportunity or investment property

2 beds cottage , room to expand house and add a 3rd/4th bedroom bathroom and add value if required . Great first home with fenced garden Sunny and warm, elevated with great views . Great location 5 mins walk from the Old Cromwell Precinct and 5 mins drive to Cromwell town ...

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House

Otago 9310


5A Ray St, Cromwell

$780,000

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Old Cromwell Lock and Leave

Immaculately presented and fully furnished, this fabulous home is sure to create interest in the current market. This perfect lock and leave holiday home situated in Old Cromwell would also be a superb rental investment or first home. Cleverly designed the open plan living is generous and ...

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Otago 9310


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