75 properties · Tamarau, Gisborne

Paraone Road, Tamarau

Paraone Road in Tamarau has 75 properties, valued by the council between $230,000 and $762,000 with a median of $490,000 (Tamarau: $494,000). Most of its homes were built in the 1970s. We estimate its homes at a median $512,000. 1 sold in the last twelve months. The highest sale in 2026 was 33 Paraone Road, at $410,000.

$490kmedian council valuation
$512kour median estimate
1sold in the last 12 months
1970median year built
GisborneTamarau ×Paraone Road ×

75 properties on Paraone Road, Tamarau

Highest and lowest on Paraone Road

Highest-valued home8 Paraone Road$762,000council valuation · 10,927 m² land
Lowest-valued home73A Paraone Road$230,000council valuation · 524 m² land
Highest sale in 202633 Paraone Road$410,000sold 17 Feb 2026 · 3 bed · 90 m² floor · 656 m² land

Property values on Paraone Road

The council values Paraone Road's 73 rated properties between $230,000 and $762,000. The middle half sit between about $454,400 and $520,500; the median is $490,000 and the mean $491,575.

Lowest: $230k$230kLowest10%: $406k20%: $440k20%30%: $469k40%: $481k40%Median: $490k60%: $497k60%70%: $509k80%: $532k80%90%: $570kHighest: $762k$762kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
11$391k0—
22$379k0—
360$487k1—
44$506k0—
5+1$638k0—

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

Paraone Road compared with Tamarau

Paraone Road's median council value is about the same as Tamarau's.

Paraone RoadTamarauGisborne
Median council value$490k$494k$569k
Sold in the last 12 months1.3%1.7%3%
Time between sales8.7 yrs7.0 yrs7.6 yrs
Median section809 m²766 m²844 m²
Median year built197019701960
Council value per m² of floor$5k$5k$5k

Paraone 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: $239k (4 sales)$239k20162017: $223k (4 sales)2018: $263k (10 sales)20182019: $285k (4 sales)2020: too few sales to say (1 sale)20202021: $520k (5 sales)2022: $450k (5 sales)20222023: too few sales to say (1 sale)2024: $572k (6 sales)$572k20242025: $529k (3 sales)$529k2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$410,000$4,556
20253$529,000$5,454
20246$571,500$5,630
20231$540,000$5,400
20225$450,000$4,575
20215$520,000$6,052
20201$435,000$5,800
20194$285,250$3,143
201810$262,500$2,132
20174$222,500$2,050
20164$238,750$1,617

Recent sales on Paraone Road

The homes on Paraone Road

Paraone Road has 75 houses. Most were built in the 1970s (51%).

1930s: 2 (2 homes)21930s1940s: 3 (3 homes)1960s: 2 (2 homes)1960s1970s: 36 (36 homes)361980s: 18 (18 homes)1980s1990s: 6 (6 homes)2000s: 1 (1 home)2000s2010s: 1 (1 home)2020s: 1 (1 home)12020s

How long owners stay on Paraone Road

Homes on Paraone Road that resold in the last five years had been held a median 8.7 years (Tamarau: 7.0 years).

Time between a home's sales, for 13 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.

Paraone Road in other suburbs

More streets in Tamarau

Every street in Tamarau, 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.