
Wallace Street, Herne Bay
Wallace Street in Herne Bay has 89 properties, valued by the council between $225,000 and $27,000,000 with a median of $2,300,000 (Herne Bay: $3,075,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $2,190,000. 4 sold in the last twelve months, for a median $1,550,000. The highest sale in 2026 was 46 Wallace Street, at $4,000,000.
90 properties on Wallace Street, Herne Bay
























Highest and lowest on Wallace Street
Property values on Wallace Street
The council values Wallace Street's 89 rated properties between $225,000 and $27,000,000. The middle half sit between about $1,170,500 and $3,747,500; the median is $2,300,000 and the mean $2,904,438.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 20 | $645k | 0 | — |
| 2 | 5 | $1.25m | 1 | — |
| 3 | 21 | $1.75m | 1 | — |
| 4 | 33 | $3.25m | 2 | — |
| 5+ | 9 | $5.45m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Wallace Street compared with Herne Bay
Wallace Street's median council value is 25% below Herne Bay's.
| Wallace Street | Herne Bay | Auckland | |
|---|---|---|---|
| Median council value | $2.3m | $3.08m | $1.07m |
| Median sale, last 12 months | $1.55m | $2.45m | $1.0m |
| Sold in the last 12 months | 4.5% | 3.3% | 3.6% |
| Time between sales | 8.8 yrs | 8.9 yrs | 8.9 yrs |
| Median section | 531 m² | 634 m² | 607 m² |
| Median year built | 1960 | 1960 | 1980 |
| Council value per m² of floor | $15k | $16k | $8k |
Wallace 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.
Sales by year as a table
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 1 | $4,000,000 | $20,202 |
| 2025 | 4 | $1,142,500 | $8,081 |
| 2024 | 3 | $1,015,000 | $15,379 |
| 2023 | 2 | $940,000 | $14,819 |
| 2022 | 3 | $850,000 | $16,522 |
| 2021 | 6 | $2,425,000 | $20,436 |
| 2020 | 1 | $1,250,000 | $12,755 |
| 2019 | 3 | $3,600,000 | $9,453 |
| 2018 | 7 | $990,000 | $14,406 |
| 2017 | 3 | $710,000 | $16,094 |
| 2016 | 16 | $750,000 | $14,535 |
Recent sales on Wallace Street
- 46 Wallace Street$4,000,0001 Mar 2026 · 4 bed · 198 m² floor · 452 m² land
- 4/26 Wallace Street$1,400,00017 Dec 2025 · 4 bed · 223 m² floor · 452 m² land
- 1/40 Wallace Street$1,700,00016 Dec 2025 · 3 bed · 172 m² floor · 372 m² land
- 10/27 Wallace Street$885,0009 Oct 2025 · 2 bed · 66 m² floor
- 3/26 Wallace Street$850,0002 Apr 2025 · 3 bed · 223 m² floor · 452 m² land
- 5/27 Wallace Street$1,015,00026 Jun 2024 · 2 bed · 66 m² floor
- 5 Wallace Street$6,900,00023 May 2024 · 4 bed · 254 m² floor · 491 m² land
- 9/25 Wallace Street$485,00015 Mar 2024 · 1 bed · 32 m² floor
- 3/25 Wallace Street$510,0003 May 2023 · 1 bed · 32 m² floor
- 1/20 Wallace Street$1,370,0003 Apr 2023 · 2 bed · 100 m² floor
- 10/25 Wallace Street$760,0002 Oct 2022 · 1 bed · 46 m² floor
- 12A Wallace Street$2,400,0002 Mar 2022 · 3 bed · 198 m² floor · 332 m² land
- 6/27 Wallace Street$850,0009 Feb 2022 · 1 bed · 43 m² floor
- 5 Wallace Street$5,625,0002 Jul 2021 · 4 bed · 254 m² floor · 491 m² land
- 3/26 Wallace Street$2,300,00031 May 2021 · 3 bed · 223 m² floor · 452 m² land
- 21 Wallace Street$2,550,0004 May 2021 · 4 bed · 166 m² floor · 363 m² land
- 5/25 Wallace Street$695,00026 Mar 2021 · 1 bed · 32 m² floor
- 5 Wallace Street$4,865,0001 Feb 2021 · 4 bed · 254 m² floor · 491 m² land
- 1/25 Wallace Street$700,00020 Jan 2021 · 1 bed · 32 m² floor
- 5/20 Wallace Street$1,250,0006 May 2020 · 2 bed · 98 m² floor · 263 m² land
The homes on Wallace Street
Wallace Street has 37 units and townhouses, 35 houses and 17 apartments. More were built in the 1960s than in any other decade (23%).
How long owners stay on Wallace Street
Homes on Wallace Street that resold in the last five years had been held a median 8.8 years (Herne Bay: 8.9 years).
Time between a home's sales, for 12 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 Wallace Street
- 4/20 Wallace Street1 Jul 2026 · Building consentRbw - alterations & additions to existing dwg. Small extension to gge.
- 1/40 Wallace Street1 Apr 2026 · Building consentRbw - reclad - existing house to be reclad with bevelback weastherboard on cavity, new dble glazed aluminium joinery, new roof, new dormer roofs, new powder room to first floor, existing bathrooms ref
- 4/26 Wallace Street1 Apr 2026 · Building consentRbw - reclad - full reclad proposed to existing three level dwg with vertical shiplap & bevel backed fibre cement weatherboard cladding over cavity. New membrane roof (including new roof framin
- 3/26 Wallace Street1 Aug 2025 · Building consentRbw - reclad :proposed wall reclad of existing plastered fibre cement three level dwg with associated plumbing works. Lower roof deck reclad to become roof & minor add.
- 4/20 Wallace Street1 Oct 2023 · Building consentDbc -rbw - renovation of an existing two-storey unit with four bedrooms, two bathrooms, a kitchen & two living areas. New works i nclude a new deck, pergola, outdoor fireplace, exterior glazing, inter
- 37 Wallace Street24 Jun 2025 · Resource consentTo undertake additions and alterations to the rear of the existing dwelling within the Special Character Area Overlay - Residential Isthmus A.
- 37 Wallace Street16 Dec 2024 · Resource consentConstruction of a new dwelling with basement garage, pool, and earthworks. Mixed Housing Suburban Zone.
- 23 Wallace Street16 Dec 2024 · Resource consentConstruction of a new dwelling with basement garage, pool, and earthworks. Mixed Housing Suburban Zone.
- 23 Wallace Street4 Jul 2024 · Resource consentThis s127 application seeks to replace the previously approved basement extension with a new single car garage located to the south of the existing dwelling, where the existing vehicle crossing will b
- 11 Wallace Street21 Dec 2023 · Resource consentTo undertake substantial demolition, additions and alterations to a dwelling within SCAR, as well as the construction of a new vehicle crossing, works within the protected root zone of a street tree a
More streets in Herne Bay
- Jervois Road219
- Hamilton Road169
- Sarsfield Street146
- Sentinel Road109
- Curran Street91
- Marine Parade80
- Argyle Street75
- Lawrence Street72
- West End Road58
- Clifton Road57
- Herne Bay Road43
- Masons Avenue40
Every street in Herne 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.