Back 5 Elm Row
Off Market

5 Elm Row

Dunedin Central Otago

3
1
192 m²
House
Carissa FraserCarissa Fraser, last sold this property on 13 June 2025 after 134 days on market.

Overview

Invest with confidence in this character-filled 3-bedroom property, offering a prime central location and stunning city views. With a handy location near the hospital and university, this home is a high-demand rental, making it a smart addition to any portfolio. Currently tenanted at $540 per week and with a secure lease in place until 31st December 2026 (rent review 12 months after the tenancy start date is possible), investors can enjoy steady, hassle-free income from day one. Why This Property is a Smart Investment: • Timeless Character Appeal - Classic bullnose veranda and pressed tin ceilings add charm and attract long-term tenants. • Low Maintenance & Practicality - Large storage and laundry area under the house. • High-Demand Location - Close to key amenities, ensuring strong tenant interest year-round. Viewings are available on Wednesdays by appointment only. This is a great opportunity to secure a high-performing investment in a sought-after location to add to your property p

Features

3 bedrooms
1 bathroom
192 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Dunedin Central over the last 12 months, the estimated median property value of 5 Elm Row is $640.5k.

Median value
$640.5k
Estimated value range
$315k - $1.24m
Median days on market
41
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Dunedin Central. 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 5 Elm Row

2025
Sold
Undisclosed
13 Jun 2025 by Carissa Fraser, of Harcourts Dunedin
2017
Sold
$315,000
12 Jan 2017 by Geraldine Hermens

Happy sellers in Dunedin Central

65%
65% of sellers in Dunedin Central reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 42 reviews in Dunedin Central over the last 12 months.

Local market activity for 3 bedroom houses in Dunedin Central

In the last 12 months, 15 three-bedroom houses similar to 5 Elm Row, have been sold.

This represents a 25% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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