
Prospect Terrace, Milford
Prospect Terrace in Milford has 89 properties, valued by the council between $1,100,000 and $5,150,000 with a median of $1,800,000 (Milford: $1,425,000). More of its homes were built in the 1990s than in any other decade. We estimate its homes at a median $1,730,000. 1 sold in the last twelve months. The highest sale in 2026 was 2/4 Prospect Terrace, at $1,380,000.
90 properties on Prospect Terrace, Milford
























Highest and lowest on Prospect Terrace
Property values on Prospect Terrace
The council values Prospect Terrace's 86 rated properties between $1,100,000 and $5,150,000. The middle half sit between about $1,462,500 and $2,356,250; the median is $1,800,000 and the mean $2,008,721.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 1 | $1.3m | 0 | — |
| 2 | 5 | $1.27m | 0 | — |
| 3 | 24 | $1.5m | 1 | — |
| 4 | 35 | $1.9m | 0 | — |
| 5+ | 13 | $2.3m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Prospect Terrace compared with Milford
Prospect Terrace's median council value is 26% above Milford's.
| Prospect Terrace | Milford | Auckland | |
|---|---|---|---|
| Median council value | $1.8m | $1.43m | $1.07m |
| Sold in the last 12 months | 1.1% | 2.7% | 3.6% |
| Time between sales | 8.0 yrs | 10.3 yrs | 8.9 yrs |
| Median section | 632 m² | 576 m² | 607 m² |
| Median year built | 1980 | 1970 | 1980 |
| Council value per m² of floor | $8k | $11k | $8k |
Prospect Terrace 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 | $1,380,000 | $6,571 |
| 2025 | 2 | $1,925,000 | $9,937 |
| 2024 | 5 | $1,380,000 | $7,971 |
| 2023 | 5 | $2,690,000 | $12,810 |
| 2022 | 1 | $1,670,000 | $6,958 |
| 2021 | 8 | $2,030,000 | $9,894 |
| 2020 | 8 | $1,585,000 | $7,205 |
| 2019 | 3 | $1,550,000 | $6,458 |
| 2018 | 4 | $2,360,900 | $10,219 |
| 2017 | 8 | $1,503,000 | $6,877 |
| 2016 | 4 | $1,935,500 | $7,603 |
Recent sales on Prospect Terrace
- 2/4 Prospect Terrace$1,380,0003 Jan 2026 · 3 bed · 210 m² floor
- 1/29 Prospect Terrace$2,350,00010 Apr 2025 · 3 bed · 238 m² floor
- 1/34 Prospect Terrace$1,500,00029 Jan 2025 · 3 bed · 150 m² floor
- 2/37 Prospect Terrace$2,600,0001 Oct 2024 · 4 bed · 233 m² floor
- 1/26 Prospect Terrace$1,595,00013 Sept 2024 · 4 bed · 200 m² floor
- 2/32 Prospect Terrace$1,355,0009 May 2024 · 3 bed · 170 m² floor
- 1/32 Prospect Terrace$1,070,0008 Apr 2024 · 3 bed · 160 m² floor
- 2/4 Prospect Terrace$1,380,0008 Apr 2024 · 3 bed · 210 m² floor
- 22 Prospect Terrace$4,850,0006 Dec 2023 · 4 bed · 335 m² floor · 398 m² land
- 3/25 Prospect Terrace$2,690,0001 Dec 2023 · 4 bed · 210 m² floor
- 31 Prospect Terrace$2,000,00028 Sept 2023 · 4 bed · 325 m² floor · 492 m² land
- 3/10 Prospect Terrace$1,860,00016 Sept 2023 · 3 bed · 148 m² floor
- 21 Prospect Terrace$4,100,0005 Sept 2023 · 4 bed · 280 m² floor · 1,012 m² land
- 1/30 Prospect Terrace$1,670,00022 Nov 2022 · 4 bed · 240 m² floor
- 1/4 Prospect Terrace$1,610,0007 Dec 2021 · 3 bed · 160 m² floor
- 23 Prospect Terrace$4,200,0001 Aug 2021 · 8 bed · 347 m² floor · 1,217 m² land
- 19 Prospect Terrace$2,450,0001 Jul 2021 · 3 bed · 121 m² floor · 992 m² land
- 3/10 Prospect Terrace$1,380,00029 Apr 2021 · 3 bed · 148 m² floor
- 3/25 Prospect Terrace$2,655,00017 Mar 2021 · 4 bed · 210 m² floor
- 1/25 Prospect Terrace$2,655,00016 Mar 2021 · 4 bed · 273 m² floor
The homes on Prospect Terrace
Prospect Terrace has 61 houses, 26 units and townhouses and 2 apartments. More were built in the 1990s than in any other decade (28%).
How long owners stay on Prospect Terrace
Homes on Prospect Terrace that resold in the last five years had been held a median 8.0 years (Milford: 10.3 years).
Time between a home's sales, for 13 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 Prospect Terrace
- 33 Prospect Terrace1 Aug 2026 · Building consentRbw - an attached single storey second dwg consisting of open plan kitchen, dining, living, bathrm, study & bdrm.
- 21 Prospect Terrace1 Aug 2026 · Building consentRbw- construction of four, two-storey dwgs, each with - four bedrooms - dbl internal gge - 3.5 bathrooms - kitchen, living & dining - one study - retaining walls, two of the four dwg
- 2/13 Prospect Terrace1 Aug 2026 · Building consentRbw - reclad - amendment - adding sink to scullery. New screen & canopy added to entry.
- 1/5 Prospect Terrace1 Jul 2026 · Building consentSwimming pool & terrace & associated pool fencing, new outdoor fireplace, & soldier pile wall.
- 21 Prospect Terrace1 Apr 2026 · Building consentR3 - excavation & construction of 7 new attached units, new stairs & decking & car deck.
- 41B Prospect Terrace24 Jun 2025 · Resource consentTo repair an existing retaining wall on the subject site, including works in the protected root zone of a Pohutukawa in an open space zone, where the site is subject to flooding and coastal storm inun
- 23 Prospect Terrace26 Mar 2025 · Resource consentConstructing a new concrete pool towards the northeastern boundary and landscaping low-lying retaining walls to create a useable outdoor area. Stabilise the existing slope by installing a series of re
- 3/5 Prospect Terrace12 Dec 2024 · Resource consentTo remove a notable Puriri tree (No 1296).
- 21 Prospect Terrace18 Nov 2024 · Resource consentConstruction of four detached two storey dwellings.
- 21 Prospect Terrace18 Nov 2024 · Resource consentLots 1 to 4 being a proposed subdivision of Part Lot 15 DP 7578
Prospect Terrace in other suburbs
More streets in Milford
- Nile Road328
- Shakespeare Road273
- Kitchener Road224
- East Coast Road151
- Corunna Road125
- Saltburn Road106
- Omana Road103
- Milford Road97
- Stanley Avenue97
- Belmont Terrace96
- Wolsley Avenue96
- Quebec Road92
Every street in Milford, 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.