Sold: $1,170,000
8 Austral Place, Cromwell, Otago
Sold in Jun, 2026
$1.17M
4Beds
2Baths
201m²Floor area
Key Facts
Beds4
Baths2
Parking2
Type of titleFreehold
Property TypeResidential - Dwelling
Floor area201m²
Land area646m²
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 $ 1.22M. We believe the core competitive strengths of this property include a more recent construction year, richer local education resources, and a bedroom count aligned with local norms. 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 $958 (with a forecast range of $896-$1,097, approximately equivalent to a monthly rent of $4,152). The rent for this property is approximately 27% higher than the neighborhood average rent ($757/week), placing it among the premium properties in the area.
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