5 properties for sale · Cromwell

Property for sale in Bannockburn, Cromwell

Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites for sale in Bannockburn, Cromwell, each listing beside the property's value estimate, council valuation, past sales and title.

$1.35mmedian sale, last 12 months · 14 sales · up 5%
$1.37mmedian council valuation
6.6 yrsmedian time between sales
5for sale now

About Bannockburn

Homes sold for a median $9,293 per square metre of floor over the last twelve months. Homes in Bannockburn change hands every 6.6 years on median, against 5.8 across Cromwell and 7.9 nationally. About 4% of its homes sold in the last twelve months.

Schools zoned for Bannockburn

  • Cromwell Primary Schoolprimary · Years 1-6

Bannockburn house prices over time

Median sale price by year, all homes; 2026 is the year so far. Bannockburn's median sale price over the last twelve months was $1.35m, across 14 sales, up 5% on the twelve months before. Across Cromwell it was $940k.

2016: $480k (20 sales)$480k20162017: $363k (25 sales)2018: $666k (14 sales)20182019: $725k (10 sales)2020: $745k (13 sales)20202021: $1.08m (21 sales)2022: $830k (10 sales)20222023: $1.19m (8 sales)2024: $1.49m (8 sales)$1.49m20242025: $1.3m (9 sales)2026: $1.35m (11 sales, this year so far)$1.35m2026
Sales by year as a table
YearSalesMedian pricePer m² floorPer m² land (est.)Cromwell median
202611$1,350,000$10,259$348$977,500
20259$1,305,000$9,519$359$927,500
20248$1,485,000$7,346$265$865,000
20238$1,187,500$6,214$227$825,000
202210$830,000$7,729$232$800,000
202121$1,080,000$5,734$208$677,000
202013$745,000$6,292$218$595,000
201910$725,000$4,534$165$595,250
201814$666,250$4,395$188$560,000
201725$363,000$2,068$66$500,000
201620$480,000$2,930$87$380,000

Estimated value, month by month

Our model's median estimate for homes in Bannockburn, up 5% over the last twelve months. An automated estimate, not a registered valuation.

Nov 2024: $1.34mDec 2024: $1.35mJan 2025: $1.35mFeb 2025: $1.36mMar 2025: $1.36mApr 2025: $1.36mMay 2025: $1.37mJun 2025: $1.36mJul 2025: $1.37mAug 2025: $1.37mSept 2025: $1.37mOct 2025: $1.38mNov 2025: $1.38mDec 2025: $1.39mJan 2026: $1.4mFeb 2026: $1.41mMar 2026: $1.42mApr 2026: $1.42mMay 2026: $1.42mJun 2026: $1.43mJul 2026: $1.42mAug 2026: $1.43mSept 2026: $1.41mOct 2026: $1.44m$1.34m$1.44mNov 2024Oct 2026
Scale $1.32m to $1.46m, not from zero.

Prices by bedrooms in Bannockburn

BedroomsHomesMedian council valueSold, last 12 monthsMedian salePer m² floor
216$1.16m1—$12,947
386$1.24m6$1.53m$10,272
4100$1.65m2—$7,799
5+18$2.38m1—$7,090

Price per square metre

Homes in Bannockburn sold for a median $9,293 per square metre of floor over the last twelve months, land included (Cromwell: $6,991); the land under houses sold for an estimated $341 per square metre (Cromwell: $861). A sale price is not split between land and house, so the land figure gives the land the council's share of each sale — the land value as a part of the capital value at the last revaluation.

$9,293per m² of floor, land included, sales in the last 12 months
$341per m² of land, estimated from house sales in the last 12 months
$8,382per m² of floor, council capital values
$294per m² of land, council land values of houses

Recent sales in Bannockburn

How long owners stay in Bannockburn

Homes in Bannockburn change hands every 6.6 years on median, against 5.8 across Cromwell and 7.9 nationally.

6.6 yearsmedian time between sales, Bannockburn
5.8 yearsCromwell
7.9 yearsNew Zealand
4%of homes sold in the last 12 months (Cromwell: 5.4%)

By kind: houses 7.0 years.

Time between a home's sales, for homes that resold in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Who lives in Bannockburn

About 351 people lived in Bannockburn at the 2023 census (up 29% since 2018); their median age was about 54 (Cromwell: 44); 84% of households owned their home (Cromwell: 74%).

351people, 2023 (2018: 273)
54median age, about (Cromwell: 44)
$113kmedian household income, about (Cromwell: $105k)
84%of households own their home (2018: 86%)

Age

  • 30-64 years48%
  • 65 years and over29%
  • Under 15 years13%
  • 15-29 years10%

Households

  • One-family household (with or without other people)78%
  • One-person household20%
  • Other multi-person household5%
  • Two-family household (with or without other people)2%
  • Three or more family household (with or without other people)0%

Ethnicity

  • European91%
  • Māori12%
  • Other Ethnicity3%
  • Asian2%
  • Pacific Peoples2%
  • Middle Eastern/Latin American/African2%

Where people were born

  • New Zealand81%
  • United Kingdom and Ireland6%
  • Australia3%
  • Europe (excl United Kingdom and Ireland)3%
  • Middle East and Africa3%
  • Asia2%
  • Other1%
  • North America1%

Household income

  • $100,001-$150,00027%
  • $150,001-$200,00020%
  • $70,001-$100,00017%
  • $30,001-$50,00012%
  • $200,001 or more12%
  • $20,000 or less7%
  • $50,001-$70,0005%
  • $20,001-$30,0002%

Dwellings

  • Separate house85%
  • Other private dwelling10%
  • Joined dwelling4%
  • Non-private dwelling0%

Highest qualification

  • Bachelor degree and Level 7 qualification16%
  • Level 4 certificate15%
  • No qualification13%
  • Level 2 certificate9%
  • Level 6 diploma8%
  • Level 3 certificate8%
  • Level 1 certificate7%
  • Post-graduate and honours degrees7%

Stats NZ Census 2023 and 2018, summed over the census areas inside Bannockburn. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.

Real estate agents selling in Bannockburn

7 agents have been credited on a sale or a live listing in Bannockburn in the last two years. Those with the most:

All 7 real estate agents in Bannockburn, with their recent sales and which agencies sell the suburb.

Counted from sales records that name the agent, and from current listings. A count of activity, not a rating.

Building and resource consents in Bannockburn

14building consents in the last 12 months ($6.85m of work)
  • 123 Hall Road1 Jul 2026 · Building consentConstruction of a single-storey steel-framed shed
  • 318 Felton Road1 Jul 2026 · Building consentNew two bdrm dwg housing - detached
  • 22 Domain Road1 May 2026 · Building consentInstall type 2 fire alarm & install new dbl d
  • 43 Lynn Lane1 May 2026 · Building consentNew yunca ruby fireplace housing - detached
  • 636 Bannockburn Road1 May 2026 · Building consentInstall new freestanding woodburner

Search building consents in Bannockburn and see Stats NZ's count of new homes there.

Sales and valuations as at 18 September 2026, from council and LINZ records. Figures resting on fewer than 5 sales are not shown.

Property for sale by street in Bannockburn

About property for sale in Bannockburn, Cromwell

Every property in Bannockburn, Cromwell, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.

Listings come from the agents who market them, matched to the property each is for: every one opens on that property’s own page, with what it is worth, what it last sold for, its title, zoning and hazards, and what it would cost to own.

Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.

Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.

Header photo: Samuel Harrington on Unsplash (licence).