65 properties · Waerengaahika, Gisborne

Matawai Road, Waerengaahika

Matawai Road in Waerengaahika has 65 properties, valued by the council between $475,000 and $2,325,000 with a median of $1,040,000 (Waerengaahika: $1,085,000). More of its homes were built in the 1990s than in any other decade. We estimate its homes at a median $1,070,000. 2 sold in the last twelve months.

$1.04mmedian council valuation
$1.07mour median estimate
2sold in the last 12 months
1960median year built
GisborneWaerengaahika ×Matawai Road ×

65 properties on Matawai Road, Waerengaahika

Highest and lowest on Matawai Road

Highest-valued home820 Matawai Road$2,325,000council valuation · 4 bed · 282 m² floor · 24,746 m² land
Lowest-valued home656 Matawai Road$475,000council valuation · 3 bed · 130 m² floor · 791 m² land
Highest sale, last 12 months745 Matawai Road$770,000sold 23 Sept 2025 · 3 bed · 117 m² floor · 8,094 m² land

Property values on Matawai Road

The council values Matawai Road's 39 rated properties between $475,000 and $2,325,000. The middle half sit between about $858,700 and $1,304,500; the median is $1,040,000 and the mean $1,104,795.

Lowest: $475k$475kLowest10%: $590k20%: $818k20%30%: $899k40%: $925k40%Median: $1.04m60%: $1.09m60%70%: $1.22m80%: $1.39m80%90%: $1.64mHighest: $2.33m$2.33mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$1.75m0—
322$915k1—
413$1.36m0—
5+1$1.63m0—

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

Matawai Road compared with Waerengaahika

Matawai Road's median council value is 4% below Waerengaahika's.

Matawai RoadWaerengaahikaGisborne
Median council value$1.04m$1.08m$570k
Sold in the last 12 months3.1%1.5%3%
Median section14,978 m²20,437 m²847 m²
Median year built196019601960
Council value per m² of floor$7k$7k$5k

Matawai Road house prices over time

Median sale price by year; 2025 is the year so far. A year with fewer than two sales has no bar.

2016: too few sales to say (1 sale)20162018: $556k (2 sales)$556k20182019: too few sales to say (1 sale)20192020: $2.02m (2 sales)$2.02m20202021: too few sales to say (1 sale)20212023: too few sales to say (1 sale)20232024: too few sales to say (1 sale)20242025: $800k (5 sales, this year so far)$800k2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20255$800,000$7,529
20241$830,000$5,570
20231$912,500$7,019
20211$1,025,000$7,885
20202$2,015,000$7,739
20191$465,000$3,185
20182$555,750$4,150
20161$275,000$2,273

Recent sales on Matawai Road

The homes on Matawai Road

Matawai Road has 65 houses. More were built in the 1990s than in any other decade (18%).

1910s: 6 (6 homes)61910s1920s: 4 (4 homes)1930s: 2 (2 homes)1930s1950s: 4 (4 homes)1960s: 5 (5 homes)1960s1970s: 5 (5 homes)1980s: 4 (4 homes)1980s1990s: 7 (7 homes)72020s: 1 (1 home)12020s

Building and resource consents on Matawai Road

8building consents in the last 5 years
  • 745 Matawai Road1 Jun 2026 · Building consentInstall freestanding second hand logaire Pegasus logfire
  • 345B Matawai Road1 Aug 2025 · Building consentExtend house to create new entry & dining area, construct attached gge & relocate exsiting logfire
  • 343 Matawai Road1 Jul 2025 · Building consentInstall freestanding yunca monte multi fuel logfire
  • 312 Matawai Road1 May 2025 · Building consentInstall toilet, vanity, & shower into existing ensuite
  • 392 Matawai Road1 Jan 2024 · Building consentInstall freestanding woodsman rmf logfire

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.