Investment Potential, First Home Tranquil Oasis

Listed 28 Aug
190 Malvern Street, Woodhaugh, Dunedin, Otago
Asking price $440,000
Details
- Floor Area
- 90m²
- Land area
- 496m²
- Broadband
- ADSL, Fibre, Satellite, VDSL, Wireless


Investment Potential, First Home Tranquil Oasis
Tranquil, green and incredibly handy with many boxes ticked, 190 Malvern Street offers a quieter way of living without giving up the convenience of the city.
Tucked away in Woodhaugh, you've got Ross Creek around the corner, a generous established backyard to enjoy, and the University, Polytechnic and city centre within easy walking or cycling distance. With a bus stop just outside, this is a location that makes everyday life easy. Inside, the home is practical, comfortable and full of character. The living, dining and kitchen spaces flow easily together and out to the outdoors, while the kitchen offers a dishwasher, rangehood and plenty of storage. An open fire adds warmth and ambience, all three bedrooms are generously sized, and the pressed tin ceilings add a beautiful touch of ornate character. Ceiling, underfloor and wall insulation, a heat pump and extensive rewiring add to the home's practical appeal.
You'll love:
- Three generous bedrooms with character windows and windows
- Character features including pressed tin ceilings and an open fire
- Easy flow between the living and dining spaces
- Practical kitchen with dishwasher and rangehood
- Large, established backyard where you can grow, live sustainably and create your own oasis
- Garden shed, glasshouse and chicken coop
- Heat pump, ceiling, underfloor and wall insulation
- Extensive rewiring
- Opportunity for vacant possession in the new year
- Ross Creek just around the corner
- Walking and cycling distance to the University, Polytechnic and city
- Bus stop conveniently located outside
If getting into your first home is on the cards for 2027, 190 Malvern Street could be a very smart way to get ahead of the game. Alternatively, buy for the kids at Uni or add to your investment portfolio, knowing the home is currently returning $565 per week, with a rental appraisal of $580 per week. Currently tenanted on a fixed term until 17 January 2027, the home has not been committed for the following year. This creates flexibility for first home buyers wanting to move in and make it their own in the new year, while giving investors the opportunity to secure their own tenants for 2027.
Whether you're looking for a smart investment or somewhere to make your own in the new year, 190 Malvern Street offers city convenience with a genuinely peaceful Woodhaugh lifestyle.

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Local Schools
- LIBERTON CHRISTIAN SCHOOL5 Hillary StreetRoll: 140
- JOHN MCGLASHAN COLLEGE2 Pilkington StreetRoll: 526
- GEORGE STREET NORMAL SCHOOLGeorge StreetRoll: 399
- DUNEDIN NORTH INTERMEDIATENorth RoadRoll: 269
- COLUMBA COLLEGE399 HighgateRoll: 607
- ST HILDAS COLLEGIATE2 Cobden StreetRoll: 464
- LOGAN PARK HIGH SCHOOL76 Butts RoadRoll: 795
- TRINITY CATHOLIC COLLEGE340 Rattray StreetRoll: 868
- DUNEDIN RUDOLF STEINER SCHOOL1 Fern RoadRoll: 80
- AURORA TAMARIKI EARLY YEARS CARE AND KINDERGARTEN351 Pine Hill RoadRoll: 22
- PINE HILL SCHOOL (DUNEDIN)11 Hislop StreetRoll: 54
- MĀORI HILL SCHOOLPassmore CrescentRoll: 247
- SACRED HEART SCHOOL (DUNEDIN)63 North RoadRoll: 58
- MAORI HILL MONTESSORI PRESCHOOL607A HighgateRoll: 25
- BESTSTART MONTESSORI THE GARDENS5 Chambers StreetRoll: 73
- ISLINGTON KINDERGARTEN16 A Islington StreetRoll: 16
- WAKARI KINDERGARTEN136 Lynn StreetRoll: 43
- NORTH EAST VALLEY NORMAL SCHOOL248 North RoadRoll: 193
- BALMACEWEN INTERMEDIATE44 Chapman StreetRoll: 476
- ŌPOHO SCHOOL96 Signal Hill RoadRoll: 123
- OTAGO BOYS' HIGH SCHOOL2 Arthur StreetRoll: 853
- ARTHUR STREET SCHOOL26 Arthur StreetRoll: 201
- OTAGO GIRLS' HIGH SCHOOL41 Tennyson StreetRoll: 715
- BROCKVILLE SCHOOLBrockville RoadRoll: 131
- KAIKORAI VALLEY COLLEGEKaikorai Valley RoadRoll: 436
- BAYFIELD HIGH SCHOOLShore StreetRoll: 529
- CARISBROOK SCHOOL217 South RoadRoll: 348
- KINGS HIGH SCHOOL (DUNEDIN)270 Bay View RoadRoll: 876
Location info
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Property insights
HomesEstimate
- Updated
- October 1, 2026
- Estimated value
- $415K - $465K
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- June 1, 2025
- Capital value
- $430,000
- Land value
- $245,000
- Improvement value
- $185,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 415K - 465K
- Suburb median
- Woodhaugh: 545K



