
Penning Road, Castor Bay
Penning Road in Castor Bay has 48 properties, valued by the council between $770,000 and $2,550,000 with a median of $1,212,500 (Castor Bay: $1,725,000). More of its homes were built in the 1970s than in any other decade. We estimate its homes at a median $1,190,000. The last sale we have was in August 2025, for $1,100,000.
48 properties on Penning Road, Castor Bay
























Highest and lowest on Penning Road
Property values on Penning Road
The council values Penning Road's 46 rated properties between $770,000 and $2,550,000. The middle half sit between about $1,075,000 and $1,350,000; the median is $1,212,500 and the mean $1,252,065.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 1 | $1.3m | 0 | — |
| 2 | 6 | $900k | 0 | — |
| 3 | 17 | $1.23m | 0 | — |
| 4 | 7 | $1.3m | 0 | — |
| 5+ | 3 | $2.0m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Penning Road compared with Castor Bay
Penning Road's median council value is 30% below Castor Bay's.
| Penning Road | Castor Bay | Auckland | |
|---|---|---|---|
| Median council value | $1.21m | $1.73m | $1.07m |
| Median section | 474 m² | 701 m² | 607 m² |
| Median year built | 1970 | 1970 | 1980 |
| Council value per m² of floor | $8k | $8k | $8k |
Penning Road house prices over time
Median sale price by year; 2025 is the year so far. A year with fewer than two sales has no bar.
Sales by year as a table
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2025 | 1 | $1,100,000 | $5,789 |
| 2024 | 1 | $2,600,000 | $12,093 |
| 2022 | 2 | $1,297,500 | $9,647 |
| 2021 | 2 | $2,010,000 | $9,046 |
| 2020 | 2 | $2,152,500 | $9,175 |
| 2019 | 1 | $995,000 | $7,107 |
| 2017 | 2 | $1,152,000 | $7,256 |
| 2016 | 1 | $1,269,000 | $7,465 |
Recent sales on Penning Road
- 2/26A Penning Road$1,100,00027 Aug 2025 · 4 bed · 190 m² floor
- 24 Penning Road$2,600,00022 Apr 2024 · 4 bed · 215 m² floor · 384 m² land
- 1/4 Penning Road$1,380,00016 Sept 2022 · 3 bed · 130 m² floor
- 2/26 Penning Road$1,215,00023 Jun 2022 · 3 bed · 140 m² floor
- 2/24 Penning Road$1,900,00026 Nov 2021 · 3 bed · 190 m² floor
- 8 Penning Road$2,120,00028 May 2021 · 5 bed · 262 m² floor · 600 m² land
- 8 Penning Road$2,005,00018 Dec 2020 · 5 bed · 262 m² floor · 600 m² land
- 24 Penning Road$2,300,00012 Sept 2020 · 4 bed · 215 m² floor · 384 m² land
- 2/26 Penning Road$995,0001 Jul 2019 · 3 bed · 140 m² floor
- 2/24 Penning Road$1,035,0002 Apr 2017 · 3 bed · 190 m² floor
- 2/28 Penning Road$1,269,00031 Jan 2017 · 3 bed · 140 m² floor
- 2/28A Penning Road$1,269,0002 Dec 2016 · 3 bed · 170 m² floor
- 3/26A Penning Road$870,00019 Dec 2015 · 3 bed · 140 m² floor
- 1/24 Penning Road$1,100,00026 Nov 2015 · 4 bed · 180 m² floor
- 2/26 Penning Road$760,0004 Jun 2014 · 3 bed · 140 m² floor
- 6 Penning Road$852,80028 Feb 2014 · 4 bed · 216 m² floor · 443 m² land
- 1/10C Penning Road$786,00027 Sept 2013 · 3 bed · 150 m² floor
- 30 Penning Road$762,00030 May 2013 · 3 bed · 280 m² floor · 504 m² land
- 2/22 Penning Road$495,00019 Sept 2012 · 2 bed · 100 m² floor
- 1/28 Penning Road$750,00020 Jul 2012 · 2 bed · 130 m² floor
The homes on Penning Road
Penning Road has 24 houses, 12 units and townhouses and 12 apartments. More were built in the 1970s than in any other decade (47%).
Building and resource consents on Penning Road
- 2/14 Penning Road1 May 2026 · Building consentReclad: rbw. Recladding to weatherboards on a cavity to resolve historic notice to fix placed from a final inspection 2011 for a ccc.
- 2/14 Penning Road1 Mar 2026 · Building consentSeparation from bco10017257. Remove unit 2
- 1/12 Penning Road1 May 2025 · Building consentUpgrade of existing lower level bathrm to include waterproofing membrane to shower area, which is excluded from schedule 1, & requires building consent. No change to location of fixtures, plumbin
Penning Road in other suburbs
More streets in Castor Bay
- Beach Road257
- Castor Bay Road190
- Parr Terrace160
- Braemar Road152
- Seaview Road124
- East Coast Road101
- Heathcote Road94
- Aberdeen Road89
- Peter Terrace72
- Eastcliffe Road62
- Bevyn Street56
- Marama Street55
Every street in Castor Bay, 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.