Back 37 Severn St
Off Market

37 Severn St

Oamaru Otago

3
1
1
130 m²
503 m²
House
Last sold for $370,000
Leona StretchLeona Stretch, last sold this property on 21 April 2026 after 54 days on market.

Overview

A Great Investment Opportunity Awaits

What an opportunity to get a great return as an investor. Priced to sell with tenants who want to stay and are paying $520 per week, this could be the right investment for you. The tenants are on a fixed term until August 2026. If you are you looking for a character home in a prime location close to town, to run as an Air B n B. This home maybe what you are looking for. Separate formal lounge with open fire, currently used as a fourth bedroom. Kitchen and dining are semi open plan with a large serving hatch between the two. A heatpump heats the area nicely. The three bedrooms are all doubles and the master has two built in wardrobes. Bathroom has shower over the bath, vanity and toilet. A second toilet is located at the back of the house, ideal for the family playing outside or if you are in the garden. Laundry is in the kitchen. Underneath is a single basement garage where you can see the insulation, have a workshop, large storage space and access to under the house. The section is sloping, with established plantings and there is a cute garden/pottting shed that could be a nice studio or playhouse. There will be no open homes, viewings by appointment only. For privacy, the indoor photos are from prior to current tenants moving in. Call Leona to view 0274 820 908

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
130 m² floor area
503 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Oamaru over the last 12 months, the estimated median property value of 37 Severn St is $435k.

Median value
$435k
Estimated value range
$198k - $700k
Median days on market
62
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Oamaru. 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 37 Severn St

2026
Sold
$370,000
21 Apr 2026 by Leona Stretch, of Professionals North Otago (New Heights Real Estate 2022 Licensed (REAA 2008))

Happy sellers in Oamaru

83%
83% of sellers in Oamaru reported that their sale price either exceeded or met their price expectations.

Oamaru stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Oamaru over the last 12 months.

Local market activity for 3 bedroom houses in Oamaru

In the last 12 months, 23 three-bedroom houses similar to 37 Severn St, have been sold.

This represents a 36% increase in three-bedroom houses sales when compared to the previous 12 months.

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