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Sold: $495,694

Sold on 2024 Year 2024 Month 09 Day 19

2 Highlands Avenue, Cromwell, Otago

600m2

Nestled on a level plot at 2 Highlands Avenue, Cromwell, Otago, this residential vacant property boasts a freehold title. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the land area spans a generous 600 square meters. The property's roof and wall construction remain unknown, but it is set in a quiet cul-de-sac, promising privacy and tranquility.

As for the financials, the capital value has seen a substantial increase from $350,000 in September 2019 to $510,000 in October 2022, reflecting a growth rate of 45.71%. The HouGarden AVM estimates the property's worth at $515,000. The latest sale history includes transactions on September 19, 2024, for $495,694, and February 12, 2024, for $425,000, indicating a steady market interest.

For families with children, the property falls within the catchment area of Goldfields School in Cromwell, a contributing school with a decile rating of 8, reflecting a high standard of education in the region.

Updated on October 02, 2024

Council Data

Last update : 2025 01 15
View typeFocal Point Of view - Other
ContourLevel
Land area600m²
Title973365
Type of titleFreehold
Legal descriptionLOT 223 DP 556783
CouncilOtago
Estate descriptionFSIM,1/1,LOT 223 DEPOSITED PLAN 556783,600m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Goldfields School (Cromwell)
2.02 km
Primary
1-6
Government
Co-Educational
EQI: 429
8

Property history

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For developers

Unitary plan:-
Land:600m²
Title:Freehold

Highlands Avenue Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6 Highlands Avenue, Cromwell
0.06 km
0m2
Year 2024 Month 11 Day 19
$425,000
Council approved
90 Stone Drive, Cromwell
1.09 km
0m2
Year 2024 Month 11 Day 14
$975,000
Council approved
0.18 km
0m2
Year 2024 Month 10 Day 03
$550,000
Council approved
40 Hosking Drive, Cromwell
0.20 km
4
184m2
Year 2024 Month 09 Day 14
$1,020,000
Council approved
26 Monaco Drive, Cromwell
0.37 km
4
432m2
Year 2024 Month 08 Day 12
$1,850,000
Council approved

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