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Back 62 Russell Street
Off Market

62 Russell Street

Dunedin Central Otago

3
1
90 m²
331 m²
House
Chris AdamsChris Adams, last sold this property on 03 June 2026 after 25 days on market.

Overview

Entry-Level Opportunity with Great Potential

Situated in a high-demand pocket of Russell Street, this property offers a strategic entry point for buyers looking to secure a footprint in a neighborhood undergoing active rejuvenation. With a new cafe currently under development at the end of the street, the area is increasingly popular with a diverse demographic, including young professionals, students, and mature tenants. Internal Layout The home retains a practical, traditional floor plan that is characteristic of the era. While the property is in original condition and would benefit from cosmetic upgrades, the fundamental layout is functional. Accommodation: Three well-proportioned double bedrooms. Living: A central lounge featuring double doors that face the rear of the property. Kitchen & Service: The kitchen has been updated with modern flooring but remains basic in its configuration. The laundry is integrated within the kitchen space, and the bathroom is positioned at the rear of the home. Site & Investment Profile The property sits on a flat, level section that requires minimal maintenance, making it well-suited for a rental portfolio or a first-home project. Current Tenancy: The property is currently occupied by reliable tenants, returning $400 per week. Land Value: The flat nature of the site provides clear scope for future redevelopment or modernization to increase capital value. Location: The street’s central position ensures consistent rental demand and long-term appeal as the surrounding infrastructure continues to improve.

Features

3 bedrooms
1 bathroom
90 m² floor area
331 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 62 Russell Street is $640.5k.

Median value
$640.5k
Estimated value range
$315k - $1.24m
Median days on market
28
Estimated value trend
15%
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 62 Russell Street

2026
Sold
Undisclosed
03 Jun 2026 by Chris Adams, of BE Real Estate

Happy sellers in Dunedin Central

70%
70% 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, 13 three-bedroom houses similar to 62 Russell Street, have been sold.

This represents a 34% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Dunedin Central

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Madelon White

Sellers who recommend Madelon White have praised them for being clear communication, local expert, supportive, responsive, well-prepared, reliable and friendly

  •   5   (125 reviews)
  •  5 Reviews in Dunedin Central
  •  4 Sales in Dunedin Central
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Ganesh Rout

Sellers who recommend Ganesh Rout have praised them for being clear communication, local expert, responsive, supportive, friendly, reliable and honest

  •   5   (455 reviews)
  •  6 Reviews in Dunedin Central
  •  4 Sales in Dunedin Central
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Sharon Hyndman

Sharon Hyndman is a recommended agent for Dunedin Central.  They have 4 local sales and collected 3 local reviews across the last 12 months.

  •   5   (103 reviews)
  •  3 Reviews in Dunedin Central
  •  4 Sales in Dunedin Central
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Jacqui Johnston

Sellers who recommend Jacqui Johnston have praised them for being clear communication, local expert, supportive, friendly, reliable, responsive and well-prepared

  •   4.9   (197 reviews)
  •  4 Reviews in Dunedin Central
  •  3 Sales in Dunedin Central
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