Back 62 Thorn Street
Off Market

62 Thorn Street

Caversham Otago

3
1
3
555 sq.
House
Ganesh RoutGanesh Rout, last sold this property on 08 June 2026 after 0 days on market.

Overview

First Home Buyers & Developers – Great Opportunity

Set on a generous 555m² (more or less) corner site in sought-after Thorn Street, this property offers a rare opportunity for those with vision. Whether you’re looking to step onto the property ladder, invest, or explore the development potential of Residential 2 zoning, this property provides the perfect foundation. Inside, the home offers three well-proportioned bedrooms and a light-filled living space, where large windows draw in natural sunlight and views of the surrounding greenery. Perfect for first-home buyers, the living area creates a comfortable place to relax while the layout flows through to the kitchen and dining area, forming a practical hub for everyday living. The kitchen and dining space opens out toward the backyard, offering easy indoor–outdoor flow and a functional area with scope for future enhancement. Outside, the corner positioning enhances accessibility and provides generous outdoor space, including off-street parking and a garage. The section offers plenty of room for landscaping, extensions, or future redevelopment, making it especially appealing for developers seeking to maximise the land’s potential. Located in ever-popular Caversham, this property is only minutes from the Dunedin CBD, local schools, shops, and the beautiful St Clair beach. With increasing interest in higher-density sites in this city-fringe location, opportunities like this are becoming harder to find. Whether you’re a developer, investor, or first-home buyer, this is a property where imagination and potential come together.

Features

3 bedrooms
1 bathroom
3 carspaces
555 sq. lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Caversham over the last 12 months, the estimated median property value of 62 Thorn Street is $474.5k.

Median value
$474.5k
Estimated value range
$330k - $708k
Median days on market
42
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Caversham. 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 Thorn Street

2026
Sold
Undisclosed
Private Sale/Treaty on 08 Jun 2026 by Ganesh Rout, of The Rout Group

Happy sellers in Caversham

85%
85% of sellers in Caversham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 28 reviews in Caversham over the last 12 months.

Local market activity for 3 bedroom houses in Caversham

In the last 12 months, 16 three-bedroom houses similar to 62 Thorn Street, have been sold.

This represents a 32% increase in three-bedroom houses sales when compared to the previous 12 months.

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