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Unclaimed

9 Clare Place, Cromwell

Central Otago District

Auction

  • 4
  • 2
  • 1
  • 397 m²
  • House
  • 1 Lounge
  • 1 Dining room
  • Ensuite
  • 1 Garage
  • Deck / patio
  • Outdoor entertaining
  • Heat pump
Fencing
Fully Fenced
Views
Urban
Roof
Iron
Exterior
Monolithic System
Flooring
Carpet, Vinyl
Hot water
Electric
Water supply
Town
Sewage
Mains

Four Bedrooms Offers Flexibility

Tucked away in a peaceful cul-de-sac, this versatile home offers four bedrooms and two bathrooms, making it an appealing option for families, first-home buyers, investors, or those looking for a Central Otago base.

Step inside and discover an open plan kitchen/dining and living area that creates a welcoming space for everyday living. With both a heat pump and a log burner, you can stay comfortable through the changing Central Otago seasons. Sliding doors open out to a sunny deck and a fully fenced backyard, perfect for enjoying your morning coffee, entertaining friends, or simply unwinding at the end of the day. The home also offers a single garage and additional off-street parking, adding to the everyday practicality.

Convenience of being close to Cromwell's schools, shops, community facilities, and recreation areas. With the local greenway network nearby, getting out for a walk or bike ride is easy. Close to the historic Cromwell Heritage Precinct, local cafés, wineries, and scenic cycling trails are all part of the lifestyle this wonderful region has to offer.

Whether you're taking your first step onto the property ladder, looking for an investment, or searching for a home with room to make your own, 9 Clare Place is an opportunity worth exploring.

Building report available upon request.

Call today for further information and to arrange an appointment to view.

Open homes 6

Sat, 7 Nov11:00 am – 11:30 am
.ics
Sun, 8 Nov11:00 am – 11:30 am
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Sat, 14 Nov11:00 am – 11:30 am
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Sun, 15 Nov11:00 am – 11:30 am
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Sat, 21 Nov11:00 am – 11:30 am
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Sun, 22 Nov11:00 am – 11:30 am
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OwnBetter estimate
$860k
Medium confidence

We estimate it would sell for $860,000 as at 5 October 2026, in a range of $772,000 to $979,000.

Typical home in Cromwell
$991k
The median of our estimates of its 3,558 homes
How we worked this out
Council valuation, Sept 2025$800,000
Market movement in Central Otago District since the council valuation+6.0%
Apartments and houses in Central Otago District+0.2%
How Cromwell sells against council values−0.1%
Homes of this age in Cromwell+1.3%
Land as a share of the value−0.2%
Nearby recent sales (15)+1.0%
Its own sale in 2025−0.7%
Our estimate$860,000

We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales and its own last sale have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.

My notes
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What it costs to live here

Home expense estimates

—a month, all in

Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.

Investor insights

9 Clare Place as a rental

Rent estimate$705/wk$610–$810 · Little evidence
Gross yield4.3%$36,660 a year on $860k
Net yield3.5%After $6,486 of costs
Cash flow−$114/wk30% deposit, interest only at 6.00%
Line
Price Our estimate
Deposit
Interest rate
Rent a week our estimate $705
Property manager
Rent, 52 weeks$36,660
Empty between tenants 2 weeks
Property management 9.2% incl. GST
Maintenance 5% of rent
Council rates this year
Landlord insurance the building
Net income before interest$30,174
Interest $602,000 at 6.00%, interest only−$36,120
Cash flow before tax−$5,946
Cash flow a week−$114
Gross / net yield on the price4.3% / 3.5%
Return on equity cash flow on the deposit, before tax−2.3%
Loses money above this interest rate, before tax5.01%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 5.01%. That is -2.3% a year on a $258k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area103 m²
  • Land area397 m²
  • Decade built1970s
  • Bedrooms4
  • Bathrooms2
  • Parking3 car spaces
  • Property categoryUse not published
  • CouncilCentral Otago District
  • Valuation #28505-5100
  • Valuation date1 Sep 2025

From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.

Title and land

Order a title record
  • Title number393314
  • Title typeFreehold
  • Legal descriptionLot 1 Deposited Plan 396661
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.

Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

Unclaimed
Nobody is tracking this property yet

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What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
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Zoning and hazards

What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.

Reading the council's maps…

What could you build here?

See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.

About Cromwell

Central Otago District
4,365
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand

8 people looked at properties in Cromwell this week.

Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.

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On Clare Place

At this number
9A Clare Place
This side
5A Clare Place7 Clare Place11 Clare Place13A Clare Place
Other side
6 Clare Place8 Clare Place10 Clare Place
All 22 properties on Clare Place →

The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.

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