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

43 Horace St, Cromwell

$695,000

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Opportunity Knocks on Horace Street

Calling all DIYers, renovators, first-home buyers, and developers – this property is brimming with potential. Set on a generous 840m² (approx.) section in a sought-after central Cromwell location, you'll love being just moments from Cromwell Primary, Lake Dunstan, and the historic Heritage ...

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House

Otago 9310


Lot 931 Petrichor Ct, Cromwell

$1,290,000

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Wooing Tree Opportunity

G.J. Gardner Homes House and Land Package featuring the Custom design. Zoned for Visitor Accommodation, these modern low-maintenance townhouses can be 'home' or the ideal opportunity for investment income. Located within the vibrant Wooing Tree Estate, these townhouses combine stylish ...

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House

Otago 9310


Lot 930 Petrichor Ct, Cromwell

$1,290,000

property pic

Wooing Tree - Easy Living

G.J. Gardner Homes House and Land Package featuring the Custom design. Zoned for Visitor Accommodation, these modern low-maintenance townhouses can be 'home' or the ideal opportunity for investment income. Located within the vibrant Wooing Tree Estate, these townhouses combine stylish ...

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House

Otago 9310


5 Mead Ave, Cromwell

$549,000

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Cromwell golf side townhouses - Fairway Landing

Perfectly positioned beside Cromwell's 18-hole golf course and just a two-minute walk to the CBD, Fairway Landing is a master-planned development offering premium architecturally designed townhouses with unbeatable lifestyle and investment opportunities. Designed by award-winning ...

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Townhouse

Otago 9310


26 Matthews Cres, Cromwell

$1,495,000

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Urgent Sale – A MUST VIEW!

The vendors have secured their next home and are on the move, pricing this property well below what it has cost them. Without doubt, this is the best-priced water view home in Cromwell – a genuine opportunity for buyers seeking exceptional value in a prime location. Perfectly positioned ...

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House

Otago 9310


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