Finding a picture…
Not listedEstimate $739k – $937k
3
522 Palmerston Road, Te Hāpara
Palmerston Road in Te Hāpara has 44 properties, valued by the council between $243,000 and $800,000 with a median of $565,000 (Te Hāpara: $528,000). More of its homes were built in the 1920s than in any other decade. We estimate its homes at a median $613,000. 3 sold in the last twelve months, for a median $460,000. The highest sale in 2026 was 504 Palmerston Road, at $590,000.
The council values Palmerston Road's 42 rated properties between $243,000 and $800,000. The middle half sit between about $489,400 and $623,150; the median is $565,000 and the mean $564,024.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 4 | $532k | 0 | — |
| 3 | 34 | $571k | 1 | — |
| 4 | 3 | $534k | 2 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Palmerston Road's median council value is 7% above Te Hāpara's.
| Palmerston Road | Te Hāpara | Gisborne | |
|---|---|---|---|
| Median council value | $565k | $528k | $569k |
| Median sale, last 12 months | $460k | $600k | $650k |
| Sold in the last 12 months | 6.8% | 3.1% | 3% |
| Time between sales | 8.7 yrs | 8.3 yrs | 7.6 yrs |
| Median section | 592 m² | 759 m² | 844 m² |
| Median year built | 1920 | 1950 | 1960 |
| Council value per m² of floor | $5k | $5k | $5k |
Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 3 | $460,000 | $3,278 |
| 2025 | 1 | $655,000 | $4,925 |
| 2024 | 1 | $732,000 | $5,083 |
| 2023 | 1 | $358,000 | $4,649 |
| 2022 | 3 | $560,000 | $5,529 |
| 2021 | 3 | $621,000 | $4,919 |
| 2020 | 1 | $540,111 | $4,501 |
| 2019 | 6 | $347,750 | $3,011 |
| 2018 | 2 | $330,000 | $2,881 |
| 2017 | 4 | $304,500 | $2,403 |
| 2016 | 8 | $212,500 | $1,750 |
Palmerston Road has 42 houses, 1 unit or townhouse and 1 section. More were built in the 1920s than in any other decade (39%).
Homes on Palmerston Road that resold in the last five years had been held a median 8.7 years (Te Hāpara: 8.3 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.
Every street in Te Hāpara, 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.