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

8 Boyne Pl, Cromwell

$780,000

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Solid, Sunny, and Ready to Go

Set within one of Cromwell's most established pockets, this solid block home is all about smart buying for those who recognise value when they see it. Perfectly suited to investors or first home buyers, it offers an increasingly hard-to-find entry point well below the median sale price. With ...

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House

Otago 9310


436 Bannockburn Rd, Cromwell

$1,350,000

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Private & Spacious in Bannockburn

This private and spacious home is filled with charm. The living space has beautifully presented timber ceilings with exposed rafters and a brilliant stone fireplace. This stunning home features a light filled large open planned living space with a stepped down lounge, modern ...

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House

Otago 9384


93 Magnum Dr, Cromwell

$1,395,000

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Architectural Excellence on Magnum Drive

To download the Property Files please copy and paste: https://jhcrealty.co.nz/sellingnow into your browser and click on the property. High-Performance Living with Panoramic Vistas Situated at 93 Magnum Drive, this contemporary home was built in 2024 with a high-performance building ...

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House

Otago 9310


71 Stratford Dr, Cromwell

$1,495,000

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Contemporary, Versatile, Views.

To download the Property Files please copy and paste: https://jhcrealty.co.nz/sellingnow into your browser and click on the property. Established Contemporary Home with Versatile Living Situated at 71 Stratford Drive, this contemporary Pisa Moorings residence offers a ...

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House

Otago 9310


112 Hall Rd, Cromwell

$2,395,000

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A Home etched in Central Otago's story

To download the Property Files please copy and paste: https://jhcrealty.co.nz/sellingnow into your browser and click on the property. Elevated Living in an Iconic Bannockburn Setting Set high above the historic Bannockburn Gold Sluicings, this remarkable residence captures the ...

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House

Otago 9384


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