95 properties · Karoro, Greymouth

Main South Road, Karoro

Main South Road in Karoro has 95 properties, valued by the council between $230,000 and $1,240,000 with a median of $530,000 (Karoro: $560,000). More of its homes were built in the 1950s than in any other decade. We estimate its homes at a median $576,000. 5 sold in the last twelve months, for a median $670,000. The highest sale in 2026 was 151 Main South Road, at $750,000.

$530kmedian council valuation
$576kour median estimate
$670kmedian sale, last 12 months · 5 sales
1960median year built
GreymouthKaroro ×Main South Road ×

95 properties on Main South Road, Karoro

Highest and lowest on Main South Road

Highest-valued home50A Main South Road$1,240,000council valuation · 5 bed · 441 m² floor · 30,407 m² land
Lowest-valued home45 Main South Road$230,000council valuation · 3 bed · 106 m² floor · 809 m² land
Highest sale in 2026151 Main South Road$750,000sold 9 Feb 2026 · 3 bed · 204 m² floor · 748 m² land

Property values on Main South Road

The council values Main South Road's 91 rated properties between $230,000 and $1,240,000. The middle half sit between about $465,000 and $610,000; the median is $530,000 and the mean $549,615.

Lowest: $230k$230kLowest10%: $410k20%: $450k20%30%: $480k40%: $510k40%Median: $530k60%: $560k60%70%: $590k80%: $630k80%90%: $685kHighest: $1.24m$1.24mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
13$470k0—
23$490k0—
360$515k2—
417$660k3$670k
5+7$630k0—

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

Main South Road compared with Karoro

Main South Road's median council value is 5% below Karoro's.

Main South RoadKaroroGreymouth
Median council value$530k$560k$370k
Median sale, last 12 months$670k$651k$428k
Sold in the last 12 months5.3%4.8%3.5%
Time between sales11.9 yrs7.1 yrs7.3 yrs
Median section835 m²842 m²986 m²
Median year built196019701950
Council value per m² of floor$3k$4k$3k

Main South 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: $275k (5 sales)$275k20162017: $250k (2 sales)2018: $160k (3 sales)20182019: $276k (3 sales)2020: $330k (8 sales)20202021: $353k (4 sales)2022: $475k (4 sales)20222023: $335k (5 sales)2024: $577k (6 sales)20242025: $616k (3 sales)2026: $688k (4 sales, this year so far)$688k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20264$687,500$3,740
20253$616,000$4,333
20246$577,000$3,108
20235$335,000$2,577
20224$475,000$2,198
20214$352,500$3,107
20208$330,000$2,432
20193$275,500$2,150
20183$160,000$1,660
20172$250,000$2,083
20165$275,000$2,098

Recent sales on Main South Road

The homes on Main South Road

Main South Road has 94 houses and 1 unit or townhouse. More were built in the 1950s than in any other decade (20%).

1920s: 1 (1 home)11920s1930s: 4 (4 homes)1940s: 7 (7 homes)1940s1950s: 18 (18 homes)181960s: 18 (18 homes)1960s1970s: 17 (17 homes)1980s: 10 (10 homes)1980s1990s: 7 (7 homes)2000s: 4 (4 homes)2000s2010s: 3 (3 homes)2020s: 2 (2 homes)22020s

How long owners stay on Main South Road

Homes on Main South Road that resold in the last five years had been held a median 11.9 years (Karoro: 7.1 years).

Time between a home's sales, for 20 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 Main South Road

13building consents in the last 5 years

More streets in Karoro

Every street in Karoro, 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.