Estimate $638k – $809k
2
245 Portobello Road, The Cove
2 properties sold · Dunedin
Property sold in The Cove, Dunedin
Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites sold in The Cove, Dunedin in the last twelve months, latest first, with the price where it is public beside the council valuation.
$940kmedian council valuation
1for sale now
2 properties sold in the last 12 months in The Cove
About The Cove
About 2.4% of its homes sold in the last twelve months.
Schools zoned for The Cove
- Columba Collegecomposite · Years 1-13
- Liberton Christian Schoolprimary · Years 1-8
- Dunedin Rudolf Steiner Schoolprimary · Years 1-8
- Macandrew Bay Schoolprimary · Years 1-6
- Grants Braes Schoolprimary · Years 1-6
- St Hildas Collegiatesecondary · Years 7-15
- John McGlashan Collegesecondary · Years 7-15
- Trinity Catholic Collegesecondary · Years 7-15
- Tahuna Normal Intermediateintermediate · Years 7-8
- Queen's High Schoolsecondary · Years 9-15
The Cove house prices over time
Median sale price by year, all homes; 2026 is the year so far. Across Dunedin it was $600k.
Sales by year as a table
| Year | Sales | Median price | Per m² floor | Per m² land (est.) | Dunedin median |
|---|---|---|---|---|---|
| 2026 | 1 | — | — | — | $602,500 |
| 2025 | 4 | — | — | — | $592,500 |
| 2024 | 1 | — | — | — | $585,000 |
| 2023 | 3 | — | — | — | $580,000 |
| 2022 | 3 | — | — | — | $620,000 |
| 2021 | 5 | $827,500 | $5,517 | $478 | $630,000 |
| 2020 | 6 | $620,000 | $3,765 | $311 | $520,000 |
| 2019 | 8 | $792,500 | $4,370 | $378 | $445,000 |
| 2018 | 8 | $578,500 | $3,946 | $247 | $387,000 |
| 2017 | 2 | — | — | — | $340,000 |
| 2016 | 8 | $492,500 | $3,082 | $104 | $300,000 |
Estimated value, month by month
Our model's median estimate for homes in The Cove, up 1% over the last twelve months. An automated estimate, not a registered valuation.
Prices by bedrooms in The Cove
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale | Per m² floor |
|---|---|---|---|---|---|
| 3 | 35 | $830k | 0 | — | $5,686 |
| 4 | 44 | $1.02m | 1 | — | $4,770 |
| 5+ | 12 | $1.32m | 1 | — | $4,382 |
Price per square metre
$5,422per m² of floor, council capital values
$384per m² of land, council land values of houses
Recent sales in The Cove
- 245 Portobello Road$750,0007 Jul 2026 · 2 bed · 50 m² floor · 885 m² land
- 211 Portobello Road$1,235,00012 Dec 2025 · 4 bed · 290 m² floor · 2,269 m² land
- 56 Irvine Road$1,130,0002 Oct 2025 · 5 bed · 284 m² floor · 818 m² land
- 297 Portobello Road$780,00028 May 2025 · 3 bed · 113 m² floor · 913 m² land
- 208 Portobello Road$940,00011 Apr 2025 · 3 bed · 320 m² floor · 1,029 m² land
- 15 Irvine Road$950,0001 Oct 2024 · 3 bed · 224 m² floor · 957 m² land
- 244 Portobello Road$860,00024 Oct 2023 · 320 m² floor · 1,077 m² land
- 10 Ivanhoe Road$803,0002 Jun 2023 · 3 bed · 140 m² floor · 2,083 m² land
- 65 Irvine Road$1,052,00027 Mar 2023 · 4 bed · 172 m² floor · 1,703 m² land
- 8 Irvine Road$865,00013 Oct 2022 · 4 bed · 180 m² floor · 1,014 m² land
- 21A Irvine Road$2,338,0009 Aug 2022 · 5 bed · 305 m² floor · 608 m² land
- 246 Portobello Road$680,0007 May 2022 · 3 bed · 110 m² floor · 7,094 m² land
How long owners stay in The Cove
9.1 yearsDunedin
7.9 yearsNew Zealand
2.4%of homes sold in the last 12 months (Dunedin: 3.7%)
Time between a home's sales, for homes that resold in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.
Who lives in The Cove
About 168 people lived in The Cove at the 2023 census (down 5% since 2018); their median age was about 56 (Dunedin: 38); 96% of households owned their home (Dunedin: 66%).
168people, 2023 (2018: 177)
56median age, about (Dunedin: 38)
$134kmedian household income, about (Dunedin: $85k)
96%of households own their home (2018: 91%)
Age
- 30-64 years50%
- 65 years and over30%
- Under 15 years13%
- 15-29 years9%
Households
- One-family household (with or without other people)78%
- One-person household17%
- Other multi-person household4%
- Two-family household (with or without other people)4%
- Three or more family household (with or without other people)0%
Ethnicity
- European95%
- Asian5%
- Māori4%
- Other Ethnicity4%
- Pacific Peoples0%
- Middle Eastern/Latin American/African0%
Where people were born
- New Zealand71%
- United Kingdom and Ireland11%
- Asia5%
- Europe (excl United Kingdom and Ireland)5%
- North America4%
- Middle East and Africa4%
- Australia2%
- Other0%
Household income
- $200,001 or more26%
- $100,001-$150,00022%
- $150,001-$200,00022%
- $70,001-$100,00017%
- $50,001-$70,0009%
- $20,000 or less4%
- $20,001-$30,0004%
- $30,001-$50,0004%
Dwellings
- Separate house100%
- Joined dwelling0%
- Non-private dwelling0%
- Other private dwelling0%
Highest qualification
- Bachelor degree and Level 7 qualification16%
- Doctorate degree14%
- Level 2 certificate10%
- Post-graduate and honours degrees10%
- Masters degree8%
- No qualification8%
- Level 1 certificate8%
- Level 4 certificate8%
Stats NZ Census 2023 and 2018, summed over the census areas inside The Cove. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.
Real estate agents selling in The Cove
4 agents have been credited on a sale or a live listing in The Cove in the last two years. Those with the most:
- Martin MontgomeryBayleys (Otago Realty Group)1 sale here
- James ColumbColumbs & Co1 sale here
- Patrick BowdenProperty Brokers Balclutha1 sale here
- Denise CaseyNZ Property Solutions1 sale here
All 4 real estate agents in The Cove, with their recent sales and which agencies sell the suburb.
Counted from sales records that name the agent, and from current listings. A count of activity, not a rating.
Building and resource consents in The Cove
3building consents in the last 12 months ($350k of work)
- 309 Portobello Road1 Aug 2026 · Building consentConstruct retaining wall to repair slip damaged driveway
- 258 Portobello Road1 Jun 2026 · Building consentAdd ensuite, install window in dwg
- 12 Ivanhoe Road1 Feb 2026 · Building consentAlt internal layout & extend dwg & construct deck
Search building consents in The Cove and see Stats NZ's count of new homes there.
Sales and valuations as at 18 September 2026, from council and LINZ records. Figures resting on fewer than 5 sales are not shown.
Property sold by street in The Cove
About property sold in The Cove, Dunedin
Every property in The Cove, Dunedin, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.
Sales come from the council valuation roll and the listings that preceded them. Each opens on the property’s own page, with its full sales history, our estimate of its value today and its title.
Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.
Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.
Header photo: Sarah Precious on Unsplash (licence).