41 properties · Oamaru North, Oamaru

Derwent Street, Oamaru North

Derwent Street in Oamaru North has 41 properties, valued by the council between $120,000 and $1,370,000 with a median of $467,500 (Oamaru North: $390,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $498,000. 5 sold in the last twelve months, for a median $479,000. The highest sale in 2026 was 60 Derwent Street, at $786,000.

$468kmedian council valuation
$498kour median estimate
$479kmedian sale, last 12 months · 5 sales
1960median year built
OamaruOamaru North ×Derwent Street ×

41 properties on Derwent Street, Oamaru North

Highest and lowest on Derwent Street

Highest-valued home49 Derwent Street$1,370,000council valuation · 6 bed · 310 m² floor · 3,613 m² land
Lowest-valued home24 Derwent Street$120,000council valuation · 809 m² land
Highest sale in 202660 Derwent Street$786,000sold 13 Apr 2026 · 167 m² floor · 750 m² land

Property values on Derwent Street

The council values Derwent Street's 40 rated properties between $120,000 and $1,370,000. The middle half sit between about $413,750 and $612,500; the median is $467,500 and the mean $522,500.

Lowest: $120k$120kLowest10%: $350k20%: $404k20%30%: $424k40%: $443k40%Median: $468k60%: $488k60%70%: $563k80%: $662k80%90%: $739kHighest: $1.37m$1.37mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$400k0—
325$465k3$468k
49$470k1—
5+2$985k0—

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

Derwent Street compared with Oamaru North

Derwent Street's median council value is 20% above Oamaru North's.

Derwent StreetOamaru NorthOamaru
Median council value$468k$390k$445k
Median sale, last 12 months$479k$452k$479k
Sold in the last 12 months12.2%4.4%4%
Time between sales5.7 yrs7.7 yrs7.4 yrs
Median section812 m²749 m²860 m²
Median year built196019601960
Council value per m² of floor$3k$3k$3k

Derwent Street 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: $259k (3 sales)$259k20162017: $333k (2 sales)2018: $160k (2 sales)20182019: $285k (2 sales)2020: $490k (5 sales)20202021: $450k (4 sales)2024: $468k (4 sales)20242025: $479k (4 sales)2026: $633k (2 sales, this year so far)$633k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$632,500$3,850
20254$479,000$3,788
20244$467,500$4,491
20214$450,000$3,688
20205$490,000$2,857
20192$284,500$2,220
20182$160,000$2,796
20172$332,500$2,124
20163$259,000$1,668

Recent sales on Derwent Street

The homes on Derwent Street

Derwent Street has 39 houses and 2 sections. More were built in the 1960s than in any other decade (42%).

1900s: 1 (1 home)11900s1910s: 1 (1 home)1920s: 1 (1 home)1920s1940s: 2 (2 homes)1950s: 3 (3 homes)1950s1960s: 16 (16 homes)161970s: 5 (5 homes)1970s1980s: 3 (3 homes)1990s: 2 (2 homes)1990s2010s: 2 (2 homes)2020s: 2 (2 homes)22020s

How long owners stay on Derwent Street

Homes on Derwent Street that resold in the last five years had been held a median 5.7 years (Oamaru North: 7.7 years).

Time between a home's sales, for 8 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.

Derwent Street in other suburbs

More streets in Oamaru North

Every street in Oamaru North, 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.