49 properties · Karoro, Greymouth

Power Road, Karoro

Power Road in Karoro has 49 properties, valued by the council between $144,000 and $1,930,000 with a median of $560,000 (Karoro: $560,000). More of its homes were built in the 1980s than in any other decade. We estimate its homes at a median $605,000. 5 sold in the last twelve months, for a median $665,000. The highest sale in 2026 was 54 Power Road, at $739,000.

$560kmedian council valuation
$605kour median estimate
$665kmedian sale, last 12 months · 5 sales
1980median year built
GreymouthKaroro ×Power Road ×

49 properties on Power Road, Karoro

Highest and lowest on Power Road

Highest-valued home9 Power Road$1,930,000council valuation · 4 bed · 267 m² floor · 401,361 m² land
Lowest-valued home48 Power Road$144,000council valuation · 870 m² land
Highest sale in 202654 Power Road$739,000sold 9 Apr 2026 · 3 bed · 243 m² floor · 723 m² land

Property values on Power Road

The council values Power Road's 47 rated properties between $144,000 and $1,930,000. The middle half sit between about $510,000 and $718,000; the median is $560,000 and the mean $635,511.

Lowest: $144k$144kLowest10%: $457k20%: $500k20%30%: $520k40%: $550k40%Median: $560k60%: $616k60%70%: $656k80%: $780k80%90%: $843kHighest: $1.93m$1.93mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$400k1—
318$555k2—
419$610k1—
5+4$730k0—

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

Power Road compared with Karoro

Power Road's median council value is about the same as Karoro's.

Power RoadKaroroGreymouth
Median council value$560k$560k$370k
Median sale, last 12 months$665k$651k$428k
Sold in the last 12 months10.2%4.8%3.5%
Time between sales5.2 yrs7.1 yrs7.3 yrs
Median section1,020 m²842 m²986 m²
Median year built198019701950
Council value per m² of floor$3k$4k$3k

Power 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.

2018: $385k (2 sales)$385k20182019: $266k (4 sales)2020: $364k (4 sales)20202021: $392k (5 sales)2022: $475k (2 sales)20222023: $478k (6 sales)2024: $348k (2 sales)20242025: $509k (4 sales)2026: $528k (4 sales, this year so far)$528k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20264$527,500$3,041
20254$508,500$3,284
20242$348,000$1,602
20236$477,500$2,680
20222$474,500$3,378
20215$392,000$1,574
20204$363,500$2,051
20194$265,500$1,393
20182$384,500$1,426

Recent sales on Power Road

  • 27 Power Road$390,00011 Jun 2026 · 2 bed · 117 m² floor
  • 9C Power Road$140,00013 May 2026 · 1,411 m² land
  • 54 Power Road$739,0009 Apr 2026 · 3 bed · 243 m² floor · 723 m² land
  • 45 Power Road$665,00029 Jan 2026 · 4 bed · 280 m² floor · 1,105 m² land
  • 9F Power Road$700,00026 Sept 2025 · 3 bed · 159 m² floor · 1,261 m² land
  • 31 Power Road$530,00017 Aug 2025 · 3 bed · 173 m² floor · 811 m² land
  • 32 Power Road$487,00025 May 2025 · 4 bed · 139 m² floor · 887 m² land
  • 30 Power Road$415,0006 Jan 2025 · 4 bed · 301 m² floor · 809 m² land
  • 9D Power Road$206,0004 Jul 2024 · 192 m² floor · 6,896 m² land
  • 26 Power Road$490,00025 Jun 2024 · 4 bed · 230 m² floor · 809 m² land
  • 14 Power Road$645,00018 Oct 2023 · 4 bed · 330 m² floor · 875 m² land
  • 59 Power Road$495,00025 May 2023 · 4 bed · 130 m² floor · 610 m² land
  • 54 Power Road$685,0009 Mar 2023 · 3 bed · 243 m² floor · 723 m² land
  • 55 Power Road$460,0008 Mar 2023 · 4 bed · 181 m² floor · 740 m² land
  • 46 Power Road$435,00024 Feb 2023 · 3 bed · 102 m² floor · 1,440 m² land
  • 9A Power Road$180,00030 Jan 2023 · 204 m² floor · 1,206 m² land
  • 27 Power Road$349,00021 Feb 2022 · 2 bed · 117 m² floor
  • 9F Power Road$600,0009 Feb 2022 · 3 bed · 159 m² floor · 1,261 m² land
  • 9G Power Road$170,00018 Oct 2021 · 108 m² floor · 955 m² land
  • 16 Power Road$392,0004 Aug 2021 · 4 bed · 270 m² floor · 971 m² land

The homes on Power Road

Power Road has 46 houses, 2 sections and 1 unit or townhouse. More were built in the 1980s than in any other decade (33%).

1940s: 1 (1 home)11940s1950s: 3 (3 homes)1960s: 2 (2 homes)1960s1970s: 10 (10 homes)1980s: 15 (15 homes)151980s1990s: 6 (6 homes)2000s: 1 (1 home)2000s2010s: 3 (3 homes)2020s: 4 (4 homes)42020s

How long owners stay on Power Road

Homes on Power Road that resold in the last five years had been held a median 5.2 years (Karoro: 7.1 years).

Time between a home's sales, for 14 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 Power Road

4building consents in the last 5 years
1resource consents in the last 5 years
  • 45 Power Road1 Jul 2026 · Building consentTo install woodsman stag fire
  • 9D Power Road1 Nov 2024 · Building consentConstruction of a 4 bed 2 bath single storey home with an attached gge
  • 51 Power Road1 Oct 2024 · Building consentBdrm extension with new ensuite
  • 9G Power Road1 Oct 2023 · Building consentConstruct new 2 bdrm dwg with office & single integrated gge.
  • 51 Power Road29 Apr 2024 · Resource consentTo undertake an extension to an existing dwelling within the road setback at 51 Power Road, Karoro within the Residential Environmental Area.

Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.