
Gormack Street in Balclutha has 79 properties, valued by the council between $67,000 and $1,030,000 with a median of $335,000 (Balclutha: $375,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $363,000. 2 sold in the last twelve months. The highest sale in 2026 was 37 Gormack Street, at $465,000.
























The council values Gormack Street's 74 rated properties between $67,000 and $1,030,000. The middle half sit between about $279,750 and $365,250; the median is $335,000 and the mean $331,514.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 7 | $220k | 0 | — |
| 3 | 59 | $340k | 2 | — |
| 4 | 5 | $365k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Gormack Street's median council value is 11% below Balclutha's.
| Gormack Street | Balclutha | Balclutha | |
|---|---|---|---|
| Median council value | $335k | $375k | $375k |
| Sold in the last 12 months | 2.5% | 3.9% | 3.6% |
| Time between sales | 10.3 yrs | 9.1 yrs | 9.1 yrs |
| Median section | 775 m² | 809 m² | 859 m² |
| Median year built | 1960 | 1960 | 1960 |
| Council value per m² of floor | $3k | $3k | $3k |
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 | $417,500 | $2,744 |
| 2025 | 8 | $357,500 | $3,015 |
| 2024 | 4 | $380,000 | $2,857 |
| 2023 | 2 | $291,500 | $1,995 |
| 2022 | 4 | $347,500 | $3,154 |
| 2021 | 5 | $345,000 | $2,923 |
| 2020 | 5 | $300,000 | $2,560 |
| 2019 | 4 | $216,500 | $1,490 |
| 2018 | 3 | $200,000 | $1,927 |
| 2017 | 5 | $177,500 | $1,091 |
| 2016 | 7 | $130,000 | $1,135 |
Gormack Street has 76 houses, 2 units and townhouses and 1 section. More were built in the 1960s than in any other decade (32%).
Homes on Gormack Street that resold in the last five years had been held a median 10.3 years (Balclutha: 9.1 years).
Time between a home's sales, for 17 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 Balclutha, 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.