Tussock Way

Cromwell | Otago

A Vision of

Farm Dreams

View Photos Watch Film 360° VTour Open House

Kelly Gooch

Presented At

$1,095,000

Bedrooms

Bathrooms

Living

1,594

SQFT

High Ceiling

Stone Countertops

Air Conditioning

Washer Dryer

Kitchen island

Bar

Laundry Room

Walk In Closet

Basement

Garage

Garden

Vineyard / Winery

Gate

Pool

Mountain View

New Builds

Equestrian

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Tussock Way

Cromwell | Otago

8 Tussock Way, Cromwell, OTA 9384, Cromwell, Otago, New Zealand. , Cromwell , Otago

8 Tussock Way, Cromwell

Cromwell has fast become one of Central Otago’s desirable lifestyle destinations, offering natural beauty, a strong sense of community, and exceptional connectivity to Queenstown, Wānaka, Clyde and Alexandra. 8 Tussock Way is situated in the heart of the Wooing Tree development in Cromwell. This newly built three-bedroom, two-bathroom home on a landscaped corner location is ready for its new owners and has been designed to make the most of the Central Otago sun with a modern layout and stylish finishes. This 148 sq m (approx.) home has a well-designed open-plan living, dining and kitchen area with an island bench, giving a spacious feel while maintaining separate living zones and maximising light throughout. The living area opens out on the northern side of the home of the 354 sq m (more or less) section. The master bedroom is ideal for easy-living, with a spacious en-suite plus a walk-in wardrobe. The second and third bedrooms each boast a built-in wardrobe and share a stylish bathroom. The home features an oversized garage for additional storage for bikes and sporting gear plus plenty of space beside the garage for a boat, trailer or caravan. Ideal for those looking for a first home, holiday home, or downsizing. This is an opportunity not to be missed. Call Kelly today to view. *Boundary lines indicative only *Some images have been digitally enhanced

Exterior

Property

Gallery

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Property Location

8 Tussock Way, Cromwell, OTA 9384, Cromwell, Otago, New Zealand., Cromwell Otago

Local Weather & Climate

Cromwell, Otago

Current Conditions Updated recently

67 °F

Scattered clouds

Feels Like 66°F

Humidity 50%

Wind 6 mph

Visibility 6.2 mi

Sunrise 6:39 PM

Sunset 7:04 AM

5-Day Forecast

Mon 16 Mar

Clouds

High 67°

Low 48°

Tue 17 Mar

Clouds

High 71°

Low 55°

Wed 18 Mar

Clear

High 66°

Low 49°

Thu 19 Mar

Clouds

High 72°

Low 51°

Fri 20 Mar

Clouds

High 65°

Low 52°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Cromwell?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

NZ$

Down Payment

NZ$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for New Zealand. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on New Zealand tax year 2025 (fiscal year: April-March), rules effective from 2021. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$1,095,000

8 Tussock Way, Cromwell, OTA 9384, Cromwell, Otago, New Zealand.

Cromwell, Otago

3 Beds

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Market Opinion

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Our perspective on current market conditions in Cromwell. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $109,500,000 20% down ($21,900,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$9,409/day

Your home may appreciate while you sleep

$66,046/week $286,200/mo $3,434,398/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$60.3M

+$85.5M

$85.5M Potential Equity

vs $60.3M lost to rent over 10 years

$21.9M Down Payment Growth

3.9x

10yr

$85.5M

8.1x

20yr

$177.0M

12.6x

30yr

$276.6M

Wealth Comparison

×658

Equivalent to 658 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $276.6M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $129.0M +18%

Market $149.1M +36%

Optimistic $172.1M +57%

$85.5M est. equity

20 Years

Conservative $151.9M +39%

Market $203.1M +85%

Optimistic $270.4M +147%

$177.0M est. equity

30 Years

Conservative $178.9M +63%

Market $276.6M +153%

Optimistic $425.0M +288%

$276.6M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 8 Tussock Way, Cromwell, OTA 9384, Cromwell, Otago, New Zealand have?

This house at 8 Tussock Way, Cromwell, OTA 9384, Cromwell, Otago, New Zealand features 3 bedrooms with 1,594 square feet of living space.

What is the size of 8 Tussock Way, Cromwell, OTA 9384, Cromwell, Otago, New Zealand?

This property offers 1,594 square feet of living space.

What is the listing price for 8 Tussock Way, Cromwell, OTA 9384, Cromwell, Otago, New Zealand?

This property is listed at $109,500,000, which equals $68695 per square foot.

Is now a good time to buy a home in Cromwell?

Based on current market indicators, Cromwell shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 8 Tussock Way, Cromwell, OTA 9384, Cromwell, Otago, New Zealand?

This is a house located in Cromwell, Otago. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: