23 properties · Elgin, Gisborne

Karaka Street, Elgin

Karaka Street in Elgin has 23 properties, valued by the council between $379,000 and $558,000 with a median of $404,000 (Elgin: $453,000). Most of its homes were built in the 1950s. We estimate its homes at a median $441,000. The last sale we have was in June 2023, for $370,000.

$404kmedian council valuation
$441kour median estimate
1950median year built
GisborneElgin ×Karaka Street ×

23 properties on Karaka Street, Elgin

Highest and lowest on Karaka Street

Highest-valued home2 Karaka Street$558,000council valuation · 3 bed · 170 m² floor · 709 m² land
Lowest-valued home18 Karaka Street$379,000council valuation · 3 bed · 80 m² floor · 629 m² land

Property values on Karaka Street

The council values Karaka Street's 23 rated properties between $379,000 and $558,000. The middle half sit between about $398,300 and $431,500; the median is $404,000 and the mean $422,261.

Lowest: $379k$379kLowest10%: $380k20%: $395k20%30%: $402k40%: $402k40%Median: $404k60%: $409k60%70%: $423k80%: $440k80%90%: $489kHighest: $558k$558kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
322$404k0—
41$459k0—

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

Karaka Street compared with Elgin

Karaka Street's median council value is 11% below Elgin's.

Karaka StreetElginGisborne
Median council value$404k$453k$569k
Median section686 m²813 m²844 m²
Median year built195019501960
Council value per m² of floor$4k$4k$5k

Recent sales on Karaka Street

The homes on Karaka Street

Karaka Street has 23 houses. Most were built in the 1950s (87%).

1950s: 20 (20 homes)201950s1960s: 1 (1 home)1960s1990s: 1 (1 home)1990s2000s: 1 (1 home)12000s

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