Located at 155 Waenga Drive, Cromwell, Otago, this residential dwelling boasts a serene setting with its 3 bedrooms, spacious floor area of 110 square meters, and an expansive land area of 872 square meters. The property, built in 1987, features a freehold ownership type, ensuring complete control over the land. Its construction comprises brick walls in good condition and a tile roof, also in good condition, promising durability and low maintenance. The property is perfectly level, making it easily accessible and providing a solid foundation for the house.
Over the years, the capital value of this property has seen a significant increase, from $550,000 in September 2019 to $690,000 by October 2021, marking a 25.45% growth. This growth is a testament to the property's increasing value in the market. The latest sale recorded on February 15, 2024, was at $690,000, aligning with the current capital value. The HouGarden AVM estimates the property's value at $660,000, indicating a stable market perception.
For families considering educational opportunities, the property falls within the zone for Goldfields School (Cromwell), a contributing school with a decile rating of 8. This rating reflects the school's high-quality educational standards, making the property an excellent choice for families with school-age children.
Updated on April 04, 2024.