Sold: $982,000
56 Ortive Street, Cromwell, Otago
Sold in Jul, 2026
$982K
3Beds
210m²Floor area
Key Facts
Beds3
Parking2
Type of titleFreehold
Property TypeResidential - Dwelling
Floor area210m²
Land area764m²
Decade of construction1994
Building ConditionExternal Walls: Good
Roof: Good
Land Slope / ContourLevel
CouncilOtago
Property Valuation
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Investment Potential
July 2026, the predicted sale price for this property is $ 1.07M. We believe the core competitive strengths of this property include a more recent construction year, richer local education resources, and a desirable location. Overall, this estimate is slightly lower than recent transaction levels for homes with the same bedroom count in the same suburb.
Investment Potential
The predicted weekly rent is $870 (with a forecast range of $812-$1,000, approximately equivalent to a monthly rent of $3,769). The rent for this property is about 15% higher than the neighborhood average rent ($757/week).
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