
Velma Road in Hillcrest has 125 properties, valued by the council between $670,000 and $2,000,000 with a median of $1,187,500 (Hillcrest: $1,175,000). Most of its homes were built in the 1970s. We estimate its homes at a median $1,250,000. 3 sold in the last twelve months, for a median $1,195,000. The highest sale in 2026 was 40 Velma Road, at $1,400,000.
























The council values Velma Road's 122 rated properties between $670,000 and $2,000,000. The middle half sit between about $826,500 and $1,587,500; the median is $1,187,500 and the mean $1,212,500.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 29 | $750k | 0 | — |
| 3 | 35 | $1.05m | 2 | — |
| 4 | 33 | $1.6m | 1 | — |
| 5+ | 13 | $1.57m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Velma Road's median council value is about the same as Hillcrest's.
| Velma Road | Hillcrest | Auckland | |
|---|---|---|---|
| Median council value | $1.19m | $1.18m | $1.07m |
| Median sale, last 12 months | $1.2m | $1.2m | $1.0m |
| Sold in the last 12 months | 2.4% | 3.6% | 3.6% |
| Time between sales | 9.5 yrs | 11.0 yrs | 8.9 yrs |
| Median section | 676 m² | 675 m² | 607 m² |
| Median year built | 1970 | 1970 | 1980 |
| Council value per m² of floor | $8k | $8k | $8k |
Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 2 | $1,297,500 | $5,781 |
| 2025 | 9 | $1,220,000 | $8,681 |
| 2024 | 5 | $1,068,000 | $9,377 |
| 2023 | 5 | $1,001,000 | $7,645 |
| 2022 | 3 | $972,000 | $5,651 |
| 2021 | 9 | $1,027,000 | $10,111 |
| 2020 | 6 | $1,048,000 | $8,188 |
| 2019 | 6 | $982,500 | $5,972 |
| 2018 | 7 | $820,000 | $7,746 |
| 2017 | 5 | $1,139,000 | $6,471 |
| 2016 | 4 | $768,500 | $6,679 |
Velma Road has 73 houses, 38 units and townhouses and 14 apartments. Most were built in the 1970s (50%).
Homes on Velma Road that resold in the last five years had been held a median 9.5 years (Hillcrest: 11.0 years).
Time between a home's sales, for 21 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.
Every street in Hillcrest, 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.