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.
Street viewNot listed
Street viewNot listedThe 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.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 22 | $404k | 0 | — |
| 4 | 1 | $459k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Karaka Street's median council value is 11% below Elgin's.
| Karaka Street | Elgin | Gisborne | |
|---|---|---|---|
| Median council value | $404k | $453k | $569k |
| Median section | 686 m² | 813 m² | 844 m² |
| Median year built | 1950 | 1950 | 1960 |
| Council value per m² of floor | $4k | $4k | $5k |
Karaka Street has 23 houses. Most were built in the 1950s (87%).
Every street in Elgin, 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.