100 properties · Parkvale, Hastings

Terrace Road, Parkvale

Terrace Road in Parkvale has 100 properties, valued by the council between $340,000 and $1,380,000 with a median of $650,000 (Parkvale: $640,000). More of its homes were built in the 1950s than in any other decade. We estimate its homes at a median $654,000. 3 sold in the last twelve months, for a median $617,000. The highest sale in 2026 was 516 Terrace Road, at $712,500.

$650kmedian council valuation
$654kour median estimate
$617kmedian sale, last 12 months · 3 sales
1960median year built
HastingsParkvale ×Terrace Road ×

100 properties on Terrace Road, Parkvale

Highest and lowest on Terrace Road

Highest-valued home300A Terrace Road$1,380,000council valuation · 4 bed · 274 m² floor · 1,230 m² land
Lowest-valued home2/704 Terrace Road$340,000council valuation · 2 bed · 70 m² floor
Highest sale in 2026516 Terrace Road$712,500sold 17 Mar 2026 · 3 bed · 108 m² floor · 501 m² land

Property values on Terrace Road

The council values Terrace Road's 94 rated properties between $340,000 and $1,380,000. The middle half sit between about $578,000 and $730,000; the median is $650,000 and the mean $665,904.

Lowest: $340k$340kLowest10%: $520k20%: $556k20%30%: $600k40%: $630k40%Median: $650k60%: $688k60%70%: $710k80%: $750k80%90%: $810kHighest: $1.38m$1.38mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
215$520k1—
355$650k2—
416$785k0—
5+2$825k0—

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

Terrace Road compared with Parkvale

Terrace Road's median council value is about the same as Parkvale's.

Terrace RoadParkvaleHastings
Median council value$650k$640k$600k
Median sale, last 12 months$617k$660k$630k
Sold in the last 12 months3%5.6%3.5%
Time between sales12.2 yrs10.0 yrs8.2 yrs
Median section758 m²674 m²711 m²
Median year built196019601960
Council value per m² of floor$5k$5k$5k

Terrace 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: $309k (6 sales)$309k20162017: $385k (7 sales)2018: $567k (2 sales)20182019: $482k (4 sales)2020: $533k (4 sales)20202021: $688k (2 sales)$688k2022: $623k (6 sales)20222023: $578k (2 sales)2024: $680k (5 sales)20242025: $611k (4 sales)2026: $616k (2 sales, this year so far)$616k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$616,250$5,899
20254$611,000$5,601
20245$680,000$5,000
20232$577,500$5,561
20226$622,500$5,476
20212$687,500$6,747
20204$533,250$4,705
20194$481,500$4,101
20182$566,850$3,784
20177$385,000$3,464
20166$308,500$2,635

Recent sales on Terrace Road

The homes on Terrace Road

Terrace Road has 89 houses and 10 units and townhouses. More were built in the 1950s than in any other decade (23%).

1910s: 5 (5 homes)51910s1920s: 5 (5 homes)1930s: 1 (1 home)1930s1940s: 10 (10 homes)1950s: 22 (22 homes)221950s1960s: 13 (13 homes)1970s: 10 (10 homes)1970s1980s: 13 (13 homes)1990s: 7 (7 homes)1990s2000s: 2 (2 homes)2020s: 6 (6 homes)62020s

How long owners stay on Terrace Road

Homes on Terrace Road that resold in the last five years had been held a median 12.2 years (Parkvale: 10.0 years).

Time between a home's sales, for 16 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 Terrace Road

5building consents in the last 5 years
  • 503 Terrace Road1 Jun 2026 · Building consentInstall metro eco wee rad on base & tiled wall floor protector 900x900mm
  • 306 Terrace Road1 Feb 2025 · Building consentInstallation of solid fuel heater - masport osburn 1600
  • 216 Terrace Road1 Sept 2024 · Building consentReplacement of an existing pool barrier.
  • 308 Terrace Road1 Aug 2023 · Building consentAlterations to building
  • 101A Terrace Road1 May 2022 · Building consentNew dwg

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