Sold: $950,000
5 Pit Lane, Cromwell, Otago
Sold in Jul, 2026
$950K
2Beds
199m²Floor area
Key Facts
Beds2
Parking2
Type of titleFreehold
Property TypeResidential - Dwelling
Floor area199m²
Land area149m²
Decade of construction2017
Building ConditionExternal Walls: Good
Roof: Good
Land Slope / ContourLevel
CouncilOtago
Property Valuation
Shows the current estimate range with confidence
Investment Potential
July 2026, the predicted sale price for this property is $ 954k. We believe the core competitive strengths of this property include a more recent construction year, a bedroom count aligned with local norms, and a favorable land use. Overall, this estimate is broadly in line with recent transaction levels for homes with the same bedroom count in the same suburb.
Investment Potential
The predicted weekly rent is $781 (with a forecast range of $689-$904, approximately equivalent to a monthly rent of $3,386). The rent for this property is roughly in line with the average rent in the neighborhood, which is $757 per week.
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