Cromwell Average House Prices
In 2018 Cromwell median house prices have reached around $589,750 an 8% increase according to QV.co.nz.
Whilst there are some new subdivisions planning in the pipeline for Cromwell, it does suffer from a lack of choice like alot of towns locally. This makes it especialy hard for First home buyers. A lot of the employment locally is tied to the tourisum and hospitatliy industries. Average income levels in these industries are one of the major factors limiting locals from securing property in the area. We find some lateral thinking, accessing KiwiSaver, HomeStart grants and clients pooling resources are key ingredients sometimes to helping our first home buyer clients to secure property locally.
Existing home loans - we help a large portion of people who see value in having someone else re-negioate thier fixed interest rate resetting for them. Becasue we do a lot of this type of work we have a strong handle of what is competitive and what is not, meaning that our clients are able to save on thier interest costs.
Property Investers - with the changes imposed by the Reserve Bank of New Zealand, we are assisting more and more people to find soluotions where their bank has said no they cant help. This is a complex area, so it always pays to work with a mortgage adviser as they have this specialist knowledge.