62 properties · Ormond, Gisborne

Matawai Road, Ormond

Matawai Road in Ormond has 62 properties, valued by the council between $181,000 and $1,500,000 with a median of $660,000 (Ormond: $717,500). More of its homes were built in the 1910s than in any other decade. We estimate its homes at a median $671,000. 5 sold in the last twelve months, for a median $660,000. The highest sale in 2026 was 1134 Matawai Road, at $850,000.

$660kmedian council valuation
$671kour median estimate
$660kmedian sale, last 12 months · 5 sales
1950median year built
GisborneOrmond ×Matawai Road ×

62 properties on Matawai Road, Ormond

Highest and lowest on Matawai Road

Highest-valued home1496 Matawai Road$1,500,000council valuation · 326 m² floor · 69,336 m² land
Lowest-valued home1334 Matawai Road$181,000council valuation · 13,658 m² land
Highest sale in 20261134 Matawai Road$850,000sold 23 Mar 2026 · 3 bed · 202 m² floor · 4,046 m² land

Property values on Matawai Road

The council values Matawai Road's 48 rated properties between $181,000 and $1,500,000. The middle half sit between about $500,000 and $1,003,000; the median is $660,000 and the mean $756,750.

Lowest: $181k$181kLowest10%: $393k20%: $479k20%30%: $521k40%: $600k40%Median: $660k60%: $744k60%70%: $928k80%: $1.08m80%90%: $1.22mHighest: $1.5m$1.5mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$570k0—
329$700k2—
49$1.08m1—

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

Matawai Road compared with Ormond

Matawai Road's median council value is 8% below Ormond's.

Matawai RoadOrmondGisborne
Median council value$660k$718k$569k
Median sale, last 12 months$660k$850k$650k
Sold in the last 12 months8.1%3.4%3%
Time between sales11.8 yrs9.9 yrs7.6 yrs
Median section8,384 m²13,620 m²844 m²
Median year built195019601960
Council value per m² of floor$5k$6k$5k

Matawai Road 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: $305k (3 sales)$305k2017: too few sales to say (1 sale)20172018: $388k (4 sales)2019: too few sales to say (1 sale)20192020: too few sales to say (1 sale)2021: $550k (4 sales)20212022: $580k (3 sales)2024: $628k (2 sales)20242025: $970k (2 sales)$970k2026: $565k (4 sales, this year so far)$565k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20264$565,000$4,949
20252$970,000$5,851
20242$627,500$5,537
20223$580,000$4,950
20214$550,000$4,912
20201$1,200,000$9,091
20191$650,000$5,200
20184$388,000$2,953
20171$385,000$2,962
20163$305,000$2,773

Recent sales on Matawai Road

The homes on Matawai Road

Matawai Road has 62 houses. More were built in the 1910s than in any other decade (19%).

1890s: 1 (1 home)11890s1900s: 1 (1 home)1910s: 8 (8 homes)81910s1920s: 4 (4 homes)1930s: 5 (5 homes)1930s1950s: 5 (5 homes)1960s: 6 (6 homes)1960s1970s: 3 (3 homes)1980s: 3 (3 homes)1980s1990s: 1 (1 home)2000s: 2 (2 homes)2000s2010s: 1 (1 home)2020s: 2 (2 homes)22020s

How long owners stay on Matawai Road

Homes on Matawai Road that resold in the last five years had been held a median 11.8 years (Ormond: 9.9 years).

Time between a home's sales, for 9 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.

Matawai Road in other suburbs

More streets in Ormond

Every street in Ormond, 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.