Estimate $969k – $1.29m
3
4 Reads Quay, Gisborne
123 properties · Gisborne, Gisborne
Reads Quay, Gisborne
Reads Quay in Gisborne has 123 properties, valued by the council between $138,000 and $1,100,000 with a median of $346,000 (Gisborne: $515,000). Most of its homes were built in the 2000s. We estimate its homes at a median $351,000. 4 sold in the last twelve months, for a median $405,000. The highest sale in 2026 was 4 Reads Quay, at $559,000.
$346kmedian council valuation
$351kour median estimate
$405kmedian sale, last 12 months · 4 sales
2000median year built
123 properties on Reads Quay, Gisborne
Estimate $964k – $1.28m
3
2 Reads Quay, Gisborne
Estimate $837k – $1.11m
2
4 Reads Quay, Gisborne
Estimate $913k – $1.16m
3
4 Reads Quay, Gisborne
Estimate $914k – $1.16m
3
2 Reads Quay, Gisborne
Finding a picture…
Estimate $810k – $1.08m
3
4 Reads Quay, Gisborne
Estimate $817k – $1.04m
3
2 Reads Quay, Gisborne
Estimate $722k – $960k
3
2 Reads Quay, Gisborne
Estimate $681k – $905k
2
4 Reads Quay, Gisborne
Estimate $713k – $904k
2
4 Reads Quay, Gisborne
Estimate $638k – $848k
2
4 Reads Quay, Gisborne
Estimate $584k – $777k
2
4 Reads Quay, Gisborne
Estimate $576k – $766k
2
4 Reads Quay, Gisborne
Estimate $576k – $766k
2
4 Reads Quay, Gisborne
Estimate $579k – $770k
2
4 Reads Quay, Gisborne
Estimate $616k – $781k
2
4 Reads Quay, Gisborne
Estimate $568k – $755k
2
4 Reads Quay, Gisborne
Estimate $558k – $743k
2
4 Reads Quay, Gisborne
Estimate $548k – $694k
2
4 Reads Quay, Gisborne
Finding a picture…
Estimate $530k – $672k
2
2 Reads Quay, Gisborne
Estimate $463k – $616k
2
2 Reads Quay, Gisborne
Estimate $490k – $620k
2
2 Reads Quay, Gisborne
Estimate $441k – $587k
2
2 Reads Quay, Gisborne
Estimate $439k – $584k
2
2 Reads Quay, Gisborne
Highest and lowest on Reads Quay
Property values on Reads Quay
The council values Reads Quay's 109 rated properties between $138,000 and $1,100,000. The middle half sit between about $207,500 and $479,500; the median is $346,000 and the mean $388,495.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 48 | $182k | 3 | $400k |
| 2 | 54 | $431k | 1 | — |
| 3 | 7 | $972k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Reads Quay compared with Gisborne
Reads Quay's median council value is 33% below Gisborne's.
| Reads Quay | Gisborne | Gisborne | |
|---|---|---|---|
| Median council value | $346k | $515k | $569k |
| Median sale, last 12 months | $405k | $540k | $650k |
| Sold in the last 12 months | 3.3% | 2.2% | 3% |
| Time between sales | 7.8 yrs | 8.1 yrs | 7.6 yrs |
| Median year built | 2000 | 1960 | 1960 |
| Council value per m² of floor | $6k | $5k | $5k |
Reads Quay 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.
Sales by year as a table
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 2 | $387,000 | $5,427 |
| 2025 | 8 | $516,000 | $7,092 |
| 2024 | 7 | $395,000 | $6,014 |
| 2023 | 2 | $382,500 | $6,375 |
| 2022 | 6 | $192,500 | $2,750 |
| 2021 | 4 | $201,000 | $3,220 |
| 2020 | 3 | $340,000 | $3,642 |
| 2019 | 5 | $170,000 | $2,854 |
| 2018 | 11 | $90,000 | $4,167 |
| 2017 | 2 | $142,500 | $2,333 |
| 2016 | 5 | $170,000 | $2,972 |
Recent sales on Reads Quay
- 4 Reads Quay$559,00024 Apr 2026 · 2 bed · 103 m² floor
- 2 Reads Quay$215,00028 Jan 2026 · 1 bed · 25 m² floor
- 2 Reads Quay$410,00020 Dec 2025 · 1 bed · 60 m² floor
- 2 Reads Quay$400,00031 Oct 2025 · 1 bed · 60 m² floor
- 4 Reads Quay$440,00020 Jul 2025 · 1 bed · 63 m² floor
- 2 Reads Quay$560,00019 Jun 2025 · 2 bed · 60 m² floor
- 4 Reads Quay$725,0001 May 2025 · 2 bed · 110 m² floor
- 2 Reads Quay$472,0009 Apr 2025 · 2 bed · 60 m² floor
- 4 Reads Quay$880,00024 Jan 2025 · 2 bed · 100 m² floor
- 4 Reads Quay$1,080,00024 Jan 2025 · 3 bed · 150 m² floor
- 2 Reads Quay$216,00027 Nov 2024 · 1 bed · 25 m² floor
- 2 Reads Quay$440,00025 Oct 2024 · 2 bed · 60 m² floor
- 4 Reads Quay$450,00012 Sept 2024 · 1 bed · 63 m² floor
- 2 Reads Quay$250,0009 May 2024 · 1 bed · 60 m² floor
- 2 Reads Quay$980,00020 Apr 2024 · 3 bed · 180 m² floor
- 2 Reads Quay$395,00012 Mar 2024 · 2 bed · 60 m² floor
- 4 Reads Quay$41,00013 Feb 2024 · 1 bed · 63 m² floor
- 2 Reads Quay$385,0002 May 2023 · 2 bed · 60 m² floor
- 2 Reads Quay$380,00014 Apr 2023 · 1 bed · 60 m² floor
- 2 Reads Quay$330,00021 Oct 2022 · 1 bed · 60 m² floor
The homes on Reads Quay
Reads Quay has 121 apartments and 2 houses. Most were built in the 2000s (91%).
How long owners stay on Reads Quay
Homes on Reads Quay that resold in the last five years had been held a median 7.8 years (Gisborne: 8.1 years).
Time between a home's sales, for 20 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.
More streets in Gisborne
- Palmerston Road89
- Gladstone Road87
- Anzac Street75
- Aberdeen Road72
- Kahutia Street63
- Cobden Street53
- Carnarvon Street52
- Childers Road45
- Derby Street36
- Disraeli Street35
- Grey Street30
- Customhouse Street23
Every street in Gisborne, 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.