9 properties · Elgin, Gisborne

Karamu Street, Elgin

Karamu Street in Elgin has 9 properties, valued by the council between $375,000 and $422,000 with a median of $406,000 (Elgin: $453,000). Most of its homes were built in the 1950s. We estimate its homes at a median $442,000. The last sale we have was in September 2008, for $170,000.

$406kmedian council valuation
$442kour median estimate
1950median year built
GisborneElgin ×Karamu Street ×

9 properties on Karamu Street, Elgin

Highest and lowest on Karamu Street

Highest-valued home5 Karamu Street$422,000council valuation · 3 bed · 130 m² floor · 741 m² land
Lowest-valued home15 Karamu Street$375,000council valuation · 3 bed · 90 m² floor · 650 m² land

Property values on Karamu Street

The council values Karamu Street's 8 rated properties between $375,000 and $422,000. The middle half sit between about $401,500 and $408,450; the median is $406,000 and the mean $403,125.

Lowest: $375k$375kLowest10%: $386k20%: $397k20%30%: $406k40%: $406k40%Median: $406k60%: $406k60%70%: $407k80%: $410k80%90%: $415kHighest: $422k$422kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
38$406k0—

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

Karamu Street compared with Elgin

Karamu Street's median council value is 10% below Elgin's.

Karamu StreetElginGisborne
Median council value$406k$453k$569k
Median section765 m²813 m²844 m²
Median year built195019501960
Council value per m² of floor$4k$4k$5k

Recent sales on Karamu Street

The homes on Karamu Street

Karamu Street has 8 houses. Most were built in the 1950s (100%).

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