Back 1 Lancefield Street
Off Market

1 Lancefield Street

Balaclava Otago

3
1
110 m²
646 m²
House
Tom LeonardTom Leonard, last sold this property on 07 December 2025 after 129 days on market.

Overview

First home buyers - Solid bricky with a view!

***PRICE UPDATE**** This elevated home offers the perfect opportunity to enter the property market, with potential to add value through simple cosmetic upgrades. The outlook? A sprawling view of Dunedin's coast. The kitchen and dining area features polished wooden floors, creating an inviting space to enjoy the views. The kitchen is well-equipped with a gas hob, wall oven, rangehood, and dishwasher. There are three good sized bedrooms, heated by a centrally located heat pump to keep the home warm in the cooler months. The bathroom includes a shower over bath, toilet, and vanity, complemented by a heat pump hot water cylinder for efficiency. An additional separate toilet and a laundry off the kitchen add to the home's practicality. The flat, fenced rear section is ideal for children or summer entertaining. Under the house, you'll find a versatile space perfect as a home office, studio, or extra storage. An excellent opportunity for first-home buyers-this one is definitely worth a look!

Features

3 bedrooms
1 bathroom
110 m² floor area
646 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Balaclava over the last 12 months, the estimated median property value of 1 Lancefield Street is $613.5k.

Median value
$613.5k
Estimated value range
$471.5k - $680k
Median days on market
21
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Balaclava. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Lancefield Street

2025
Sold
Undisclosed
07 Dec 2025 by Tom Leonard, of Cutlers
2021
Sold
Undisclosed
11 Apr 2021 by Kirsty Coulter, of Nidd Realty Dunedin

Happy sellers in Balaclava

<50%
Less than 50% of sellers in Balaclava reported that their sale price either exceeded or met their price expectations.

Balaclava stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Balaclava over the last 12 months.

Local market activity for 3 bedroom houses in Balaclava

In the last 12 months, 6 three-bedroom houses similar to 1 Lancefield Street, have been sold.

This represents a 133% decrease in three-bedroom houses sales when compared to the previous 12 months.

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