60 properties · Dunedin Central, Dunedin

Royal Terrace, Dunedin Central

Royal Terrace in Dunedin Central has 60 properties, valued by the council between $80,000 and $1,860,000 with a median of $880,000 (Dunedin Central: $640,000). More of its homes were built in the 1900s than in any other decade. We estimate its homes at a median $872,000. 2 sold in the last twelve months. The highest sale in 2026 was 2 Royal Terrace, at $1,150,000.

$880kmedian council valuation
$872kour median estimate
2sold in the last 12 months
1920median year built
DunedinDunedin Central ×Royal Terrace ×

64 properties on Royal Terrace, Dunedin Central

Highest and lowest on Royal Terrace

Highest-valued home34 Royal Terrace$1,860,000council valuation · 5 bed · 310 m² floor · 1,539 m² land
Lowest-valued home13 Royal Terrace$80,000council valuation · 599 m² land
Highest sale in 20262 Royal Terrace$1,150,000sold 3 May 2026 · 1 bed · 260 m² floor · 677 m² land

Property values on Royal Terrace

The council values Royal Terrace's 53 rated properties between $80,000 and $1,860,000. The middle half sit between about $609,000 and $1,128,000; the median is $880,000 and the mean $878,019.

Lowest: $80k$80kLowest10%: $387k20%: $542k20%30%: $676k40%: $790k40%Median: $880k60%: $988k60%70%: $1.1m80%: $1.16m80%90%: $1.32mHighest: $1.86m$1.86mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
14$990k1—
210$488k0—
36$690k0—
418$970k1—
5+12$1.14m0—

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

Royal Terrace compared with Dunedin Central

Royal Terrace's median council value is 38% above Dunedin Central's.

Royal TerraceDunedin CentralDunedin
Median council value$880k$640k$580k
Sold in the last 12 months3.3%2.3%3.7%
Time between sales21.3 yrs9.4 yrs9.1 yrs
Median section514 m²428 m²647 m²
Median year built192019301950
Council value per m² of floor$5k$4k$5k

Royal 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.

2016: $1.1m (2 sales)$1.1m2017: $650k (4 sales)20172018: $945k (2 sales)2019: $705k (5 sales)20192021: $1.32m (2 sales)$1.32m2022: $937k (4 sales)20222023: too few sales to say (1 sale)2024: $905k (2 sales)20242025: $967k (2 sales)2026: $950k (2 sales, this year so far)$950k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$950,000$4,712
20252$966,500$3,368
20242$905,000$3,156
20231$775,000$3,229
20224$936,750$4,985
20212$1,317,500$6,533
20195$705,000$3,067
20182$945,000$3,876
20174$650,000$3,215
20162$1,102,500$3,497

Recent sales on Royal Terrace

The homes on Royal Terrace

Royal Terrace has 45 houses, 9 units and townhouses, 4 apartments and 2 sections. More were built in the 1900s than in any other decade (20%).

1870s: 2 (2 homes)21880s: 5 (5 homes)1880s1890s: 2 (2 homes)1900s: 10 (10 homes)101900s1910s: 4 (4 homes)1920s: 3 (3 homes)1920s1930s: 1 (1 home)1940s: 4 (4 homes)1940s1950s: 6 (6 homes)1960s: 3 (3 homes)1960s1970s: 5 (5 homes)1980s: 3 (3 homes)1980s1990s: 1 (1 home)2010s: 1 (1 home)12010s

How long owners stay on Royal Terrace

Homes on Royal Terrace that resold in the last five years had been held a median 21.3 years (Dunedin Central: 9.4 years).

Time between a home's sales, for 11 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 Royal Terrace

5building consents in the last 5 years
6resource consents in the last 5 years
  • 55 Royal Terrace1 Apr 2025 · Building consentAlt dwg - remedial work to subfloor wall
  • 30 Royal Terrace1 Sept 2024 · Building consentAlt dwg - enlarge & tile bathrm, alt bracing
  • 28 Royal Terrace1 Jul 2024 · Building consentFixed fee installation of swimming pool fence (pool is only 19,600l)
  • 18 Royal Terrace1 Jan 2023 · Building consentAlt dwg - combine laundry with bathrm & alt internal layout, convert laundry to ensuite & wardrobe, install gas hot water heater in ceiling
  • 36 Royal Terrace1 Nov 2021 · Building consentRe-clad part of ground level & all of upper level of dwg
  • 55 Royal Terrace26 Mar 2025 · Resource consentcarry out maintenance on significant tree T976 - Walnut
  • 34 Royal Terrace17 Jan 2024 · Resource consentthe removal of a scheduled tree (T966) that is in terminal decline
  • 38 Royal Terrace27 Sept 2023 · Resource consentthe establishment and operation of a registered health practitioner’s clinic, clinic, including the erection of a new building and structures, and changes to landscaping/surfacing on the site
  • 38 Royal Terrace7 Sept 2023 · Resource consents127 application to change conditions, extension of existing building , change to layout and car parking and changes to external colours of building and fence
  • 55 Royal Terrace14 Apr 2023 · Resource consentEmergency works to Scheduled Tree (Walnut T976)

Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.