Back B/51 Peter Street
Off Market

B/51 Peter Street

Caversham Otago

3
2
3
0 m²
554 m²
House
Trista TownsendTrista Townsend, last sold this property on 19 November 2025 after 41 days on market.

Overview

A Smart Start -- Dual Income, Double Opportunity!

Looking for an affordable investment that makes financial sense? This dual-income property is the perfect entry-level opportunity for savvy investors or families wanting to get ahead. Set on a generous section, with two garages, the rear home offers two bedrooms (with the flexibility to utilise as three), providing space and versatility to suit your needs. At the front, you'll find a tidy one-bedroom home--ideal for extended family, adult children saving for their first mortgage, or an additional rental stream to help offset costs. A double garage sits conveniently at the entrance, and with Caversham's shops, schools, and amenities just minutes away, the location adds even more appeal. Whether you're stepping into the investment market or planning for your family's future, this property represents exceptional value and endless potential. Affordable, adaptable, and full of opportunity--don't miss your chance to secure this smart investment!

Features

3 bedrooms
2 bathrooms
3 carspaces
1 open car space
2 garage spaces
0 m² floor area
554 m² 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 B/51 Peter Street is $476.75k.

Median value
$476.75k
Estimated value range
$330k - $708k
Median days on market
42
Estimated value trend
-1%
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 B/51 Peter Street

2025
Sold
Undisclosed
19 Nov 2025 by Trista Townsend, of LJ Hooker Dunedin
2023
Rented
Undisclosed
Leased on 30 Mar 2023 by LJ Hooker Dunedin

Happy sellers in Caversham

84%
84% 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 31 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 B/51 Peter Street, have been sold.

This represents a 38% 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 Caversham

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent