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30 Wallis Drive, Cromwell, Otago, 3 Bedrooms, 0 Bathrooms, House

Sold: $975,000

Sold on 2024 Year 2024 Month 04 Day 11

30 Wallis Drive, Cromwell, Otago

3
167m2
571m2

Nestled at 30 Wallis Drive, Cromwell, in the scenic Otago region, is a newly constructed residential masterpiece on a freehold site. This 3-bedroom, 1-carpark home boasts a floor area of 167 sqm and sits on a spacious 571 sqm plot. The dwelling, built in 2023, features a mixed-material exterior, an iron roof in good condition, and a level contour, exuding modern elegance and practicality.

With a significant increase of 308.16% in its Capital Value from $245,000 in September 2019 to $1,000,000 as of October 2022, the property's estimated value by HouGarden AVM stands at $930,000, closely matching the latest sale price of $975,000 on April 11, 2024. This reflects a robust growth trend in the property's market value.

For families with children, the property falls within the catchment area of Cromwell Primary School, a contributing school with a decile rating of 9, indicating a high standard of education in the region.

Updated on May 08, 2024

Council Data

Last update : 2025 01 22
Improvement value$645,000
Land value$355,000Increased by 44% from year 2019
CV(Year 2022 Month 10)$1,000,000Increased by 308% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area571m²
Floor area167m²
Decade of construction2023
Title981171
Type of titleFreehold
Legal descriptionLOT 125 DP 556859
CouncilOtago
Estate descriptionFSIM,1/1,LOT 125 DEPOSITED PLAN 556859,571m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cromwell Primary School
0.91 km
Primary
1-6
Government
Co-Educational
EQI: 422
9

Property history

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For developers

Unitary plan:-
Land:571m²
Title:Freehold

Surrounding facilities

Wallis Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2 Bradford Street, Cromwell
0.13 km
3
2
179m2
Year 2025 Month 01 Day 17
-
Council approved
16 Travertine Street, Cromwell
0.12 km
3
205m2
Year 2024 Month 12 Day 14
$1,350,000
Council approved
10 Searle Drive, Cromwell
0.06 km
4
2
231m2
Year 2024 Month 12 Day 03
-
Council approved
4 Bradford Street, Cromwell
0.12 km
4
2
152m2
Year 2024 Month 09 Day 03
-
Council approved
0.10 km
3
163m2
Year 2024 Month 08 Day 22
$1,010,000
Council approved

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