312 properties · Mount Wellington, Auckland

Penrose Road, Mount Wellington

Penrose Road in Mount Wellington has 312 properties, valued by the council between $480,000 and $40,000,000 with a median of $970,000 (Mount Wellington: $910,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $919,000. 7 sold in the last twelve months, for a median $960,000. The highest sale in 2026 was 150 Penrose Road, at $1,286,000.

$970kmedian council valuation
$919kour median estimate
$960kmedian sale, last 12 months · 7 sales
1970median year built
AucklandMount Wellington ×Penrose Road ×

312 properties on Penrose Road, Mount Wellington

Highest and lowest on Penrose Road

Highest-valued home79A Penrose Road$6,350,000council valuation · 4 bed · 340 m² floor · 16,443 m² land
Lowest-valued home1/123 Penrose Road$480,000council valuation · 1 bed · 50 m² floor
Highest sale in 2026150 Penrose Road$1,286,000sold 10 Feb 2026 · 3 bed · 160 m² floor · 567 m² land

Property values on Penrose Road

The council values Penrose Road's 293 rated properties between $480,000 and $40,000,000. The middle half sit between about $755,000 and $1,150,000; the median is $970,000 and the mean $1,182,884.

Lowest: $480k$480kLowest10%: $564k20%: $680k20%30%: $830k40%: $910k40%Median: $970k60%: $1.02m60%70%: $1.1m80%: $1.2m80%90%: $1.5mHighest: $40.0m$40.0mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
126$550k0—
245$660k0—
3141$970k6$955k
457$1.2m1—
5+10$1.55m0—

Council rating valuations: the council's figure for apportioning rates, not a market appraisal.

Penrose Road compared with Mount Wellington

Penrose Road's median council value is 7% above Mount Wellington's.

Penrose RoadMount WellingtonAuckland
Median council value$970k$910k$1.07m
Median sale, last 12 months$960k$855k$1.0m
Sold in the last 12 months2.2%3.6%3.6%
Time between sales10.5 yrs8.7 yrs8.9 yrs
Median section524 m²436 m²607 m²
Median year built197019801980
Council value per m² of floor$8k$8k$8k

Penrose Road 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.

2016: $738k (11 sales)$738k20162017: $816k (8 sales)2018: $576k (9 sales)20182019: $806k (4 sales)2020: $900k (13 sales)20202021: $1.0m (13 sales)2022: $1.05m (7 sales)$1.05m20222023: $905k (11 sales)2024: $948k (9 sales)20242025: $902k (10 sales)2026: $1.03m (5 sales, this year so far)$1.03m2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20265$1,027,500$8,038
202510$901,900$7,391
20249$948,000$6,890
202311$905,000$9,800
20227$1,051,000$6,982
202113$1,000,000$9,009
202013$900,000$6,405
20194$806,000$6,068
20189$576,000$6,250
20178$815,650$6,548
201611$738,000$7,019

Recent sales on Penrose Road

The homes on Penrose Road

Penrose Road has 187 houses, 84 units and townhouses, 36 apartments and 1 section. More were built in the 1960s than in any other decade (18%).

1910s: 3 (3 homes)31920s: 4 (4 homes)1920s1930s: 3 (3 homes)1940s: 19 (19 homes)1940s1950s: 49 (49 homes)1960s: 51 (51 homes)511960s1970s: 27 (27 homes)1980s: 8 (8 homes)1980s1990s: 40 (40 homes)2000s: 19 (19 homes)2000s2010s: 13 (13 homes)2020s: 49 (49 homes)492020s

How long owners stay on Penrose Road

Homes on Penrose Road that resold in the last five years had been held a median 10.5 years (Mount Wellington: 8.7 years).

Time between a home's sales, for 32 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 Penrose Road

13building consents in the last 5 years
15resource consents in the last 5 years
  • 175A Penrose Road1 May 2026 · Building consentDrill holes both through the interior lining & the external cladding, inject water repellent cosywall insulation. Repair the holes to a weather tight standard.
  • 79 Penrose Road1 Aug 2025 · Building consentInstallation of new insert firebox to existing billard room concrete solid fuel fireplace. New firebox is a national environmental standards for air quality authorised firebox - stovax studio 2
  • 165 Penrose Road1 Jun 2025 · Building consentRbw - additions & alterations to remove four internal walls, relocation of door openings & removal of an existing bathtub. Realign laundry & convert existing study to a bathrm. Redesign existi
  • 136 Penrose Road1 Mar 2025 · Building consentRbw - 7 lots- lots 1-6: two storey, three bedrooms, media room, 2.5 bathrooms & internal gge. Lot 7: two storey, two bedrooms & 2.5 bathrooms.
  • 147 Penrose Road1 Oct 2024 · Building consentInstallation of stormwater detention tank & catch-pits.
  • 142 Penrose Road14 Apr 2025 · Resource consentThe existing building will be removed and six new standalone dwellings will be constructed on site. They will be subdivided into six new fee simple titles.
  • 142 Penrose Road14 Apr 2025 · Resource consentThe existing building will be removed and six new standalone dwellings will be constructed on site. They will be subdivided into six new fee simple titles.
  • 183 Penrose Road1 Apr 2025 · Resource consentThe construction of a new dwelling and a two-lot subdivision on the site
  • 183 Penrose Road1 Apr 2025 · Resource consentThe construction of a new dwelling and a two-lot subdivision on the site
  • 136 Penrose Road3 Jun 2024 · Resource consentTo demolish the existing building on site and construct 7 new dwellings with 5 detached and 1 duplex building. Then subsequent subd ivision around the dwellings including a COAL. 8 Lot subdivision all

Penrose Road in other suburbs

More streets in Mount Wellington

Every street in Mount Wellington, 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.