65 properties · Ormond, Gisborne

Matawai Road, Ormond

Matawai Road in Ormond has 65 properties, valued by the council between $181,000 and $1,500,000 with a median of $670,000 (Ormond: $720,000). 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.

$670kmedian council valuation
$671kour median estimate
$660kmedian sale, last 12 months · 5 sales
1950median year built
GisborneOrmond ×Matawai Road ×

65 properties on Matawai Road, Ormond

Highest and lowest on Matawai Road

Highest-valued home1496 Matawai Road$1,500,000council valuation · 326 m² floor · 6.93 ha 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 49 rated properties between $181,000 and $1,500,000. The middle half sit between about $502,500 and $1,025,000; the median is $670,000 and the mean $767,939.

Lowest: $181k$181kLowest10%: $395k20%: $481k20%30%: $524k40%: $601k40%Median: $670k60%: $771k60%70%: $954k80%: $1.1m80%90%: $1.26mHighest: $1.5m$1.5mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$570k0—
329$700k2—
410$1.17m1—

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 7% below Ormond's.

Matawai RoadOrmondGisborne
Median council value$670k$720k$570k
Median sale, last 12 months$660k$850k$650k
Sold in the last 12 months7.7%3.3%3%
Time between sales11.8 yrs9.9 yrs7.6 yrs
Median section8,675 m²13,658 m²847 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 65 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: 4 (4 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.

Building and resource consents on Matawai Road

6building consents in the last 5 years
  • 1156 Matawai Road1 Jun 2026 · Building consentNew dwg, install septic system & water tanks & install freestanding woodsman Tarras mkiii logfire
  • 963-967 Matawai Road1 Jun 2026 · Building consentConstruct roof over existing first floor deck
  • 1223 Matawai Road1 Sept 2024 · Building consentConnect relocatable dwg to foundations & install septic system
  • 1638 Matawai Road1 Mar 2022 · Building consentInstall freestanding masport r3000 logfire
  • 1195 Matawai Road1 Feb 2022 · Building consentErect versatile gge

Matawai Road in other suburbs

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