Back 8 Derwent Street
Off Market

8 Derwent Street

Oamaru Otago

2
1
1
83 m²
1012 m²
House
Wayne FraserWayne Fraser, last sold this property on 16 March 2026 after 375 days on market.

Overview

BUYING OPPORTUNITY NOT TO BE MISSED!

If you're on the hunt for your first home or a smart investment, this is one you'll want to act on. Neatly presented, featuring new carpet, and full of potential, this well-located two-bedroom home offers easy, comfortable living with plenty of scope to add value over time. Set on a generous 1012m² elevated section close to town, the property enjoys a practical layout and a solid base, with the roof replaced approximately 5-6 years ago. The classic weatherboard home features two well-proportioned bedrooms, a separate living room, sunroom, functional kitchen, bathroom, a second toilet, separate laundry, and a heat pump to keep things warm and comfortable through the cooler months. A single garage completes the offering. With schools, sports facilities, supermarkets, shops, and everyday amenities all nearby, convenience is assured. This combination of location, land size, and potential will strongly appeal to owner-occupiers and astute investors alike. Opportunities like this are in high demand-secure your interest quickly. Buyer Enquiry Over $339,000. Contact Wayne Fraser on 027 4068 254.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
83 m² floor area
1012 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Oamaru over the last 12 months, the estimated median property value of 8 Derwent Street is $390k.

Median value
$390k
Estimated value range
$169.5k - $512k
Median days on market
47
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 8 Derwent Street

2026
Sold
Undisclosed
16 Mar 2026 by Wayne Fraser, of LJ Hooker Oamaru

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 2 bedroom houses in Oamaru

In the last 12 months, 9 two-bedroom houses similar to 8 Derwent Street, have been sold.

This represents a 17% increase in two-bedroom houses sales when compared to the previous 12 months.

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