46 properties · Wakari, Dunedin

Prospect Bank, Wakari

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.

$510kmedian council valuation
$526kour median estimate
$451kmedian sale, last 12 months · 3 sales
1940median year built
DunedinWakari ×Prospect Bank ×

46 properties on Prospect Bank, Wakari

Highest and lowest on Prospect Bank

Highest-valued home59 Prospect Bank$780,000council valuation · 4 bed · 221 m² floor · 313 m² land
Lowest-valued home17 Prospect Bank$440,000council valuation · 2 bed · 84 m² floor · 670 m² land
Highest sale in 202649 Prospect Bank$465,000sold 30 Jan 2026 · 2 bed · 83 m² floor · 827 m² land

Property values on Prospect Bank

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.

Lowest: $440k$440kLowest10%: $450k20%: $475k20%30%: $488k40%: $500k40%Median: $510k60%: $510k60%70%: $530k80%: $540k80%90%: $575kHighest: $780k$780kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
214$505k3$451k
329$500k0—
43$580k0—

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

Prospect Bank compared with Wakari

Prospect Bank's median council value is 11% below Wakari's.

Prospect BankWakariDunedin
Median council value$510k$570k$580k
Median sale, last 12 months$451k$565k$600k
Sold in the last 12 months6.5%4.5%3.7%
Time between sales8.2 yrs9.4 yrs9.1 yrs
Median section794 m²678 m²647 m²
Median year built194019401950
Council value per m² of floor$6k$5k$5k

Prospect Bank 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: $255k (3 sales)$255k20162017: $293k (6 sales)2018: $338k (2 sales)20182019: $396k (5 sales)2020: $543k (4 sales)$543k20202021: $530k (2 sales)2022: $508k (3 sales)20222023: too few sales to say (1 sale)2024: $533k (2 sales)20242025: too few sales to say (1 sale)2026: $451k (3 sales, this year so far)$451k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20263$451,000$5,602
20251$495,000$4,950
20242$532,500$6,108
20231$498,000$5,929
20223$508,000$5,644
20212$530,000$4,661
20204$542,500$5,009
20195$396,000$4,045
20182$338,125$3,749
20176$293,000$2,980
20163$255,000$2,550

Recent sales on Prospect Bank

The homes on Prospect Bank

Prospect Bank has 46 houses. Most were built in the 1940s (85%).

1930s: 5 (5 homes)51930s1940s: 39 (39 homes)391940s1960s: 1 (1 home)1960s2000s: 1 (1 home)12000s

How long owners stay on Prospect Bank

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.

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