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

2 Bruce St, Cromwell

$860,000

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Charming Family Home with Modern Flair!

Freshly updated and looking fantastic, this renovated Lockwood home on Bruce Street is full of warmth, character, and modern comforts. Sitting proudly on a perfectly sized 506sqm section, it offers 160sqm of well designed living space, making it an ideal choice for first home buyers, families, ...

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House

Otago 9310


48 Lynn La, Cromwell

$1,799,000

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Bannockburn Living with Serene Valley Views

This beautifully positioned home provides you with endless magnificent valley views that you will never tire of. The contemporary styled home built in 2020 provides for both family living and those empty nesters who need extra room when family and friends come to stay. The section also provides ...

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House

Otago 9384


36 Magnum Dr, Cromwell

$870,000

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Lock it, Leave it, Love it!

This gorgeous home in Wooing Tree Estate is picture-perfect from every angle. Built to a high standard in 2024 with an easy care 312sqm section, it offers exceptional style choices, smart design and a relaxed lifestyle in a stunning location. Boasting scenic hill views and a beautifully green ...

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2

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House

Otago 9310


3 Jollys Rd, Cromwell

$760,000

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3 bed house

3bed house new kitchen living conditions apply easy give ring take ...

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House

Otago 9310


23A Horace, Cromwell

$865,000

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Leafy haven on Horace

Two bedroom house and separate self-contained apartment with own courtyard. Very private with a leg-in section and pretty garden. Built in 2018. Modern, double-glazed with heat pump. Easy-care property on a very quiet street in the older part of town. Two minute walk to dog ...

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3

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House

Otago 9310


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