Welcome to 5 Dotterel Lane, a residential dwelling in the prime location of Cromwell, Otago. This nearly new home, set on a freehold section with a level contour, boasts of a wood exterior and an iron roof, both in good condition. It features 3 bedrooms, a spacious open-plan living area, and a well-appointed kitchen, along with a single car park and a floor area of 131 square meters on a land area of 282 square meters.
Since 2019, the capital value has seen an impressive increase of 1.88 times, reaching $720,000 as per the latest government valuation. The HouGarden AVM estimates the property at $725,000, while the latest sales history shows a significant jump from $285,000 in 2022 to $880,000 in 2024. Clearly, this property is not just a home but also a sound investment.
For families with children, the property falls within the Cromwell Primary School zone, a contributing school with a decile rating of 9. This quiet cul-de-sac street offers a peaceful environment, perfect for raising a family or enjoying a convenient lifestyle close to schools, cafes, and the town center.
Updated on October 02, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 3 | 124m2 | Year 2024 Month 10 Day 30 | $905,000 | Council approved | ||
0.24 km | 3 | 163m2 | Year 2024 Month 10 Day 09 | $1,095,000 | Council approved | |||
 | 0.12 km | 3 | 140m2 | Year 2024 Month 08 Day 30 | $925,000 | Council approved | ||
0.16 km | 0m2 | Year 2024 Month 07 Day 08 | $265,000 | Council approved | ||||
 | 0.16 km | 4 | 188m2 | Year 2024 Month 06 Day 27 | $1,400,000 | Council approved |