Cromwell Property Market And House Prices
Suburb of Central Otago District
Author: Ed McKnight
Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.
Key house price data for Cromwell, Central Otago District
Key house price data for Cromwell, Central Otago District
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Cromwell is a suburb in Central Otago District.
5,382 people currently live in Cromwell. 32.2% of these people rent.
The average house value in Cromwell is $910,300.
That’s down -4.8% from from 2 years ago.
The median rent in Cromwell is $650.
Market Insight - Median House Price Trend
Sales Data
Average House Value
Median Days to Sell
Properties listed for sale in the last month
Properties sold in the last 12 months
Insights
The average house value in Cromwell is $910,300.
On average it takes 20 days to sell a house.
All up 294 properties were sold in Cromwell over the last year, and 44 properties were listed for sale in the last month.
Rental Data
Median Rent
Rental properties listed last year
Rental properties listed last month
Median days to rent
Insights
There is no rental data available for Cromwell at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Cromwell want?
The most popular number of bedrooms a tenant rents in Cromwell is 3 bedrooms.
58.3% of tenants in the suburb rent properties with 3 bedrooms.
The most popular number of cars in Cromwell is 2 cars.
41.3% of residents in the suburb own 2 cars.