




Sold: $1,135,000
8 Gavan Street, Cromwell, Otago
Sold in May, 2026
$1.14M
4Beds
159m²Floor area
Key Facts
Beds4
Parking2
Type of titleFreehold
Property TypeResidential - Dwelling
Floor area159m²
Land area1012m²
Decade of construction1980
Building ConditionExternal Walls: Good
Roof: Good
Land Slope / ContourLevel
CouncilOtago
Property Valuation
Shows the current estimate range with confidence
Last update: Jul, 2026Data Disclaimer
Estimate accuracy
$1.09M
Low
$1.10M
CV(Sep, 2025)
$1.14M
Last Sold(May, 2026)
Estimate
$1.16M
Mid
$1.24M
High
Investment Potential
July 2026, the predicted sale price for this property is $ 1.16M. 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 higher than recent transaction levels for homes with the same bedroom count in the same suburb.
Last update: Jun, 2026
Estimate accuracy
$764/per week
Low
Rental Forecast
$797/per week
Mid
$916/per week
High
Investment Potential
The predicted weekly rent is $797 (with a forecast range of $764-$916, approximately equivalent to a monthly rent of $3,453). The rent for this property is about 5% higher than the neighborhood average rent ($757/week).
Nearby sales
Recent sales within a set radius; tap for details
Sales & Listing History
Timeline of sales, listings and price and historial photos changes
Development Potential
Zoning rules, flooding zone, height/coverage limits and services
Type of titleFreehold
Land area1012m²
Land Slope / ContourLevel
Estate descriptionFSIM,1/1,SECTION 11 BLOCK LXXVIII TOWN OF CROMWELL,1012m2
Property TypeResidential - Dwelling
Council & Valuation
CV, rates, land size, zoning and title details
Last update: Aug 19, 2026
Improvement value$500,000Increased by 212% from 2022
Land value$600,000Increased by 15% from 2022
CV(Sep, 2025)$1,100,000Increased by 61% from 2022
Basic Info
Type of titleFreeholdFull ownership of land and dwelling with no ground rent obligation.
CouncilOtagoThe property is governed by the relevant local council, whose planning rules and controls apply.
Decade of construction1980
TitleOT3B/1092
Legal descriptionSEC 11 BLK LXXVIII CROMWELL TN
Estate descriptionFSIM,1/1,SECTION 11 BLOCK LXXVIII TOWN OF CROMWELL,1012m2
Property TypeResidential - Dwelling
Highlights
DeckYesIncludes an outdoor deck, providing additional outdoor living space.
View typeNo appreciable viewNo defined focal outlook; value depends on layout, light, etc.
Land Slope / ContourLevelLevel land; easier construction and daily use.
Restrictions
Land area1012m²Typical lot size offering balanced usability and potential.
Floor area159m²Typical home size with balanced living space and functionality.
Building ConditionExternal Walls: Good
Roof: Good
ConstructionExternal Walls: Fibrous Cement
Roof: Iron
Roof: Good
Roof: Iron
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