2 Austin Place, Cromwell, Otago

Located at 2 Austin Place, Cromwell, Otago, this charming residential dwelling boasts three bedrooms and a separate laundry and toilet, complemented by a single garage suitable for storage. Constructed in 1970 with mixed materials for both the roof and walls, the property is in good condition and sits on a level contour with a floor area of 112 sqm and a land area of 549 sqm. The freehold property is nestled at the beginning of a quiet cul-de-sac, fully fenced and adjacent to a greenway and Cromwell Primary, making it an ideal home for those who appreciate original charm and character.

The property has seen a significant increase in capital value, from $550,000 in September 2019 to $690,000 in October 2022, marking a 25.45% growth. The latest sale recorded on January 17, 2024, was for $685,500, while the HouGarden AVM estimates the property's value at $660,000. This demonstrates the property's steady appreciation in the market.

Located in a sought-after school zone, the property falls under the jurisdiction of Cromwell Primary School, a contributing school with a high decile rating of 9. This makes it an excellent choice for families seeking quality education for their children.

Updated on April 06, 2024.