Back 18 Cornhill Street
Off Market

18 Cornhill Street

North East Valley Otago

4
2
1
60 m²
174 m²
House
Racee NgiamRacee Ngiam, last sold this property on 17 February 2026 after 92 days on market.

Overview

High yield investment in the heart of the Valley

Unlock a proven, income-generating investment in the heart of North East Valley - an area renowned for reliability, strong tenant appeal and long-term performance. Enjoy exceptional convenience with Gardens New World, cafés, restaurants, the Botanical Garden and local schools all a short stroll away. University of Otago just minutes by bike - a location that consistently attracts quality tenants. This freehold property features four spacious bedrooms with functional communal areas and a sunny patio, offering an inviting spot for fresh air, relaxation and outdoor downtime. All rooms come fully furnished and has their own kitchenette, mini fridge and wall panel heater - ensuring comfort and convenience while boosting rental desirability. One of the bedrooms features its own ensuite, kitchenette and direct external access - perfect for tenants seeking privacy and semi-independent living. A generous standalone garage provides an excellent added bonus. The low-maintenance grounds and flexible living arrangements suit groups, families or mixed-living setups perfectly. Currently rented at $995 per week. For those wanting to increase returns, there is potential for upgrades to further enhance appeal and boost income. This is a standout investment opportunity in one of Dunedin’s most sough-after rental suburbs. Contact us for information pack or to book a viewing.

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
60 m² floor area
174 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in North East Valley over the last 12 months, the estimated median property value of 18 Cornhill Street is $569.5k.

Median value
$569.5k
Estimated value range
$340k - $770k
Median days on market
42
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North East Valley. 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 18 Cornhill Street

2026
Sold
Undisclosed
17 Feb 2026 by Racee Ngiam, of Bayleys Dunedin
2020
Sold
Undisclosed
16 Mar 2020 by Karen Tang, of Nidd Realty Dunedin

Happy sellers in North East Valley

88%
88% of sellers in North East Valley reported that their sale price either exceeded or met their price expectations.

North East Valley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in North East Valley over the last 12 months.

Local market activity for 4 bedroom houses in North East Valley

In the last 12 months, 11 four-bedroom houses similar to 18 Cornhill Street, have been sold.

This represents a 100% decrease in four-bedroom houses sales when compared to the previous 12 months.

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