42 properties · Oamaru North, Oamaru

Derwent Street, Oamaru North

Derwent Street in Oamaru North has 42 properties, valued by the council between $120,000 and $1,370,000 with a median of $470,000 (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. 2 are for sale now.

$470kmedian council valuation
$498kour median estimate
$479kmedian sale, last 12 months · 5 sales
1960median year built
2for sale now
OamaruOamaru North ×Derwent Street ×

42 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 41 rated properties between $120,000 and $1,370,000. The middle half sit between about $415,000 and $640,000; the median is $470,000 and the mean $539,756.

Lowest: $120k$120kLowest10%: $350k20%: $405k20%30%: $425k40%: $445k40%Median: $470k60%: $500k60%70%: $570k80%: $710k80%90%: $820kHighest: $1.37m$1.37mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$400k0—
325$465k3$468k
410$490k1—
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 21% above Oamaru North's.

Derwent StreetOamaru NorthOamaru
Median council value$470k$390k$440k
Median sale, last 12 months$479k$452k$480k
Sold in the last 12 months11.9%4.3%3.9%
Time between sales5.7 yrs7.7 yrs7.4 yrs
Median section816 m²751 m²864 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 40 houses and 2 sections. More were built in the 1960s than in any other decade (41%).

1900s: 1 (1 home)11900s1910s: 2 (2 homes)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.

Building and resource consents on Derwent Street

3building consents in the last 5 years
  • 49A Derwent Street1 Jul 2023 · Building consentInstallation of a free-standing firenzo encore woodburner &
  • 49 Derwent Street1 Jan 2023 · Building consentNew 4 bay gge with workshop area & toilet
  • 43 Derwent Street1 Jan 2022 · Building consentConstruction of a 2 bdrm, 2 bathrm dwg with stand-alone

Derwent Street in other suburbs

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

Agents who sold on Derwent Street

The real estate agents credited on Derwent Street sales since 2016, most first. Selling here? These are the agents who have sold your neighbours' homes. A count of sales, not a rating. Every agent who sold in Oamaru North.

  1. Sheryl HetaLJ Hooker Oamaru
    3 sales on Derwent Street · last Aug 2026
  2. Lyndon McLayThe Good Guys Real Estate
    3 sales on Derwent Street · last Apr 2026
  3. Erin KinganLJ Hooker Oamaru
    2 sales on Derwent Street · last Mar 2026
  4. Leona StretchProfessionals North Otago
    2 sales on Derwent Street · last Mar 2020
  5. Bethany TaaneLJ Hooker Oamaru
    1 sale on Derwent Street · last Mar 2026
  6. Wayne FraserLJ Hooker Oamaru
    1 sale on Derwent Street · last Dec 2025
  7. Stephen RobertsonLJ Hooker Oamaru
    1 sale on Derwent Street · last Oct 2025
  8. David BryantArizto
    1 sale on Derwent Street · last Oct 2024
  9. Heather BurgherArizto
    1 sale on Derwent Street · last Oct 2024

34 sales on Derwent Street since 2016; 13 of them name an agent we can show, and the counts here are taken from those.

Every address on Derwent Street

42

About property on Derwent Street, Oamaru North

Every property in Derwent Street, Oamaru North, 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.

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: Jamie Wang, CC BY-SA 2.0, via Wikimedia Commons (licence).