138 properties · Caversham, Dunedin

South Road, Caversham

South Road in Caversham has 138 properties, valued by the council between $34,000 and $950,000 with a median of $460,000 (Caversham: $450,000). More of its homes were built in the 1900s than in any other decade. We estimate its homes at a median $462,500. 6 sold in the last twelve months, for a median $336,500. The highest sale in 2026 was 363 South Road, at $343,000.

$460kmedian council valuation
$463kour median estimate
$337kmedian sale, last 12 months · 6 sales
1920median year built
DunedinCaversham ×South Road ×

138 properties on South Road, Caversham

Highest and lowest on South Road

Highest-valued home208 South Road$950,000council valuation · 4 bed · 235 m² floor · 299 m² land
Lowest-valued home391 South Road$34,000council valuation · 176 m² land
Highest sale in 2026363 South Road$343,000sold 20 May 2026 · 2 bed · 94 m² floor · 309 m² land

Property values on South Road

The council values South Road's 106 rated properties between $34,000 and $950,000. The middle half sit between about $407,500 and $555,000; the median is $460,000 and the mean $485,887.

Lowest: $34k$34kLowest10%: $375k20%: $400k20%30%: $415k40%: $440k40%Median: $460k60%: $495k60%70%: $540k80%: $570k80%90%: $620kHighest: $950k$950kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
11$600k0—
214$403k2—
370$460k4$395k
410$483k0—
5+3$415k0—

Council rating valuations: the council's figure for apportioning rates, not a market appraisal.

South Road compared with Caversham

South Road's median council value is about the same as Caversham's.

South RoadCavershamDunedin
Median council value$460k$450k$580k
Median sale, last 12 months$337k$455k$600k
Sold in the last 12 months3.6%3.6%3.7%
Time between sales14.5 yrs8.4 yrs9.1 yrs
Median section420 m²419 m²647 m²
Median year built192019301950
Council value per m² of floor$4k$4k$5k

South Road house prices over time

Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.

2016: $232k (8 sales)$232k20162017: $320k (6 sales)2018: $261k (5 sales)20182019: $390k (7 sales)2020: $406k (3 sales)20202021: $476k (4 sales)2022: $417k (5 sales)20222023: $555k (5 sales)$555k2024: $480k (2 sales)20242025: $484k (6 sales)2026: $330k (3 sales, this year so far)$330k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20263$330,000$3,649
20256$483,750$4,287
20242$480,000$4,373
20235$555,300$4,144
20225$417,000$3,790
20214$475,750$4,457
20203$406,000$4,511
20197$390,000$2,895
20185$261,000$2,257
20176$319,500$2,373
20168$232,000$1,318

Recent sales on South Road

  • 363 South Road$343,00020 May 2026 · 2 bed · 94 m² floor · 309 m² land
  • 349 South Road$290,0001 Apr 2026 · 2 bed · 70 m² floor
  • 372 South Road$330,0001 Feb 2026 · 3 bed · 130 m² floor · 182 m² land
  • 168 South Road$460,00017 Nov 2025 · 3 bed · 105 m² floor · 356 m² land
  • 416 South Road$507,5006 Oct 2025 · 3 bed · 97 m² floor · 485 m² land
  • 168 South Road$218,00030 Sept 2025 · 3 bed · 105 m² floor · 356 m² land
  • 369 South Road$422,50021 May 2025 · 3 bed · 88 m² floor · 506 m² land
  • 385 South Road$545,00012 Feb 2025 · 3 bed · 130 m² floor · 440 m² land
  • 156 South Road$570,00029 Jan 2025 · 5 bed · 209 m² floor · 405 m² land
  • 196 South Road$530,00025 Nov 2024 · 3 bed · 113 m² floor · 372 m² land
  • 395 South Road$430,00030 Apr 2024 · 3 bed · 106 m² floor · 505 m² land
  • 421 South Road$280,00013 Dec 2023 · 3 bed · 60 m² floor · 263 m² land
  • 204C South Road$805,00010 Oct 2023 · 3 bed · 203 m² floor · 454 m² land
  • 198 South Road$700,0002 Oct 2023 · 4 bed · 200 m² floor · 506 m² land
  • 402 South Road$550,00014 Feb 2023 · 3 bed · 130 m² floor · 544 m² land
  • 141 South Road$555,3003 Feb 2023 · 3 bed · 134 m² floor · 727 m² land
  • 174 South Road$400,00020 Nov 2022 · 2 bed · 80 m² floor · 405 m² land
  • 208B South Road$585,0007 Nov 2022 · 2 bed · 108 m² floor · 287 m² land
  • 419 South Road$367,00030 Jul 2022 · 3 bed · 100 m² floor · 693 m² land
  • 148 South Road$470,00014 Apr 2022 · 3 bed · 124 m² floor · 372 m² land

The homes on South Road

South Road has 124 houses, 8 apartments and 6 units and townhouses. More were built in the 1900s than in any other decade (28%).

1880s: 6 (6 homes)61880s1890s: 5 (5 homes)1900s: 29 (29 homes)291900s1910s: 7 (7 homes)1920s: 9 (9 homes)1920s1930s: 5 (5 homes)1940s: 3 (3 homes)1940s1950s: 3 (3 homes)1960s: 1 (1 home)1960s1970s: 6 (6 homes)1980s: 5 (5 homes)1980s1990s: 2 (2 homes)2000s: 14 (14 homes)2000s2010s: 3 (3 homes)2020s: 7 (7 homes)72020s

How long owners stay on South Road

Homes on South Road that resold in the last five years had been held a median 14.5 years (Caversham: 8.4 years).

Time between a home's sales, for 19 resales in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Building and resource consents on South Road

5resource consents in the last 5 years
  • 164 South Road17 Apr 2025 · Resource consentTwo-lot Unit Title Subdivision
  • 164 South Road17 Apr 2025 · Resource consentland use under the NES-CS
  • 319A South Road2 Dec 2024 · Resource consentDemolish Existing Building and install temporary alternative boundary treatment
  • 238 South Road15 Jun 2023 · Resource consentA multi-unit development with earthworks that contravene the setback to a network utility and yard, height and transportation breaches
  • 427 South Road1 Nov 2021 · Resource consentnew deck within the road boundary setback and authorisation of existing buildings and structures on site that are set within permitted road boundary setbacks

More streets in Caversham

Every street in Caversham, and the suburb's house prices and sales.

Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.