
Prospect Bank in Wakari has 46 properties, valued by the council between $440,000 and $780,000 with a median of $510,000 (Wakari: $570,000). Most of its homes were built in the 1940s. We estimate its homes at a median $525,500. 3 sold in the last twelve months, for a median $451,000. The highest sale in 2026 was 49 Prospect Bank, at $465,000.
























The council values Prospect Bank's 46 rated properties between $440,000 and $780,000. The middle half sit between about $481,250 and $535,000; the median is $510,000 and the mean $514,130.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 14 | $505k | 3 | $451k |
| 3 | 29 | $500k | 0 | — |
| 4 | 3 | $580k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Prospect Bank's median council value is 11% below Wakari's.
| Prospect Bank | Wakari | Dunedin | |
|---|---|---|---|
| Median council value | $510k | $570k | $580k |
| Median sale, last 12 months | $451k | $565k | $600k |
| Sold in the last 12 months | 6.5% | 4.5% | 3.7% |
| Time between sales | 8.2 yrs | 9.4 yrs | 9.1 yrs |
| Median section | 794 m² | 678 m² | 647 m² |
| Median year built | 1940 | 1940 | 1950 |
| Council value per m² of floor | $6k | $5k | $5k |
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 | 3 | $451,000 | $5,602 |
| 2025 | 1 | $495,000 | $4,950 |
| 2024 | 2 | $532,500 | $6,108 |
| 2023 | 1 | $498,000 | $5,929 |
| 2022 | 3 | $508,000 | $5,644 |
| 2021 | 2 | $530,000 | $4,661 |
| 2020 | 4 | $542,500 | $5,009 |
| 2019 | 5 | $396,000 | $4,045 |
| 2018 | 2 | $338,125 | $3,749 |
| 2017 | 6 | $293,000 | $2,980 |
| 2016 | 3 | $255,000 | $2,550 |
Prospect Bank has 46 houses. Most were built in the 1940s (85%).
Homes on Prospect Bank that resold in the last five years had been held a median 8.2 years (Wakari: 9.4 years).
Time between a home's sales, for 12 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 Wakari, 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.