44 properties · Te Hāpara, Gisborne

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.

$565kmedian council valuation
$613kour median estimate
$460kmedian sale, last 12 months · 3 sales
1920median year built
GisborneTe Hāpara ×Palmerston Road ×

44 properties on Palmerston Road, Te Hāpara

Highest and lowest on Palmerston Road

Highest-valued home522 Palmerston Road$800,000council valuation · 3 bed · 163 m² floor · 507 m² land
Lowest-valued home520 Palmerston Road$243,000council valuation · 420 m² land
Highest sale in 2026504 Palmerston Road$590,000sold 8 May 2026 · 4 bed · 180 m² floor · 380 m² land

Property values on Palmerston Road

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.

Lowest: $243k$243kLowest10%: $454k20%: $478k20%30%: $501k40%: $527k40%Median: $565k60%: $588k60%70%: $598k80%: $649k80%90%: $712kHighest: $800k$800kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
24$532k0—
334$571k1—
43$534k2—

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

Palmerston Road compared with Te Hāpara

Palmerston Road's median council value is 7% above Te Hāpara's.

Palmerston RoadTe HāparaGisborne
Median council value$565k$528k$569k
Median sale, last 12 months$460k$600k$650k
Sold in the last 12 months6.8%3.1%3%
Time between sales8.7 yrs8.3 yrs7.6 yrs
Median section592 m²759 m²844 m²
Median year built192019501960
Council value per m² of floor$5k$5k$5k

Palmerston 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: $213k (8 sales)$213k20162017: $305k (4 sales)2018: $330k (2 sales)20182019: $348k (6 sales)2020: too few sales to say (1 sale)20202021: $621k (3 sales)$621k2022: $560k (3 sales)20222023: too few sales to say (1 sale)2024: too few sales to say (1 sale)20242025: too few sales to say (1 sale)2026: $460k (3 sales, this year so far)$460k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20263$460,000$3,278
20251$655,000$4,925
20241$732,000$5,083
20231$358,000$4,649
20223$560,000$5,529
20213$621,000$4,919
20201$540,111$4,501
20196$347,750$3,011
20182$330,000$2,881
20174$304,500$2,403
20168$212,500$1,750

Recent sales on Palmerston Road

The homes on Palmerston Road

Palmerston Road has 42 houses, 1 unit or townhouse and 1 section. More were built in the 1920s than in any other decade (39%).

1900s: 3 (3 homes)31900s1910s: 11 (11 homes)1910s1920s: 16 (16 homes)161920s1950s: 4 (4 homes)1950s1960s: 2 (2 homes)1960s1970s: 1 (1 home)1970s2010s: 4 (4 homes)42010s

How long owners stay on Palmerston Road

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.

Building and resource consents on Palmerston Road

2building consents in the last 5 years

Palmerston Road in other suburbs

More streets in Te Hāpara

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.