8 properties · Arahura Valley, Hokitika

Terrace View, Arahura Valley

Terrace View in Arahura Valley has 8 properties, valued by the council between $180,000 and $945,000 with a median of $680,000 (Arahura Valley: $460,000). Most of its homes were built in the 2020s. We estimate its homes at a median $814,000. The last sale we have was in September 2021, for $120,000.

$680kmedian council valuation
$814kour median estimate
2015median year built

Highest and lowest on Terrace View

Highest-valued home47 Terrace View$945,000council valuation · 4 bed · 273 m² floor · 6.91 ha land
Lowest-valued home10 Terrace View$180,000council valuation · 15,833 m² land

Property values on Terrace View

The council values Terrace View's 8 rated properties between $180,000 and $945,000. The middle half sit between about $347,500 and $801,500; the median is $680,000 and the mean $596,250.

Lowest: $180k$180kLowest10%: $233k20%: $301k20%30%: $394k40%: $562k40%Median: $680k60%: $752k60%70%: $759k80%: $844k80%90%: $914kHighest: $945k$945kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
31$370k0—
45$760k0—

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

Terrace View compared with Arahura Valley

Terrace View's median council value is 48% above Arahura Valley's.

Terrace ViewArahura ValleyHokitika
Median council value$680k$460k$390k
Median section24,680 m²8,005 m²1,012 m²
Median year built201520001970
Council value per m² of floor$3k$4k$3k

Terrace View house prices over time

Median sale price by year; 2021 is the year so far. A year with fewer than two sales has no bar.

2019: $94k (2 sales)$94k20192020: $114k (2 sales)20202021: $120k (3 sales, this year so far)$120k2021
Sales by year as a table
YearSalesMedian pricePer m² floor
20213$120,000$575
20202$114,250$434
20192$93,500$789

Recent sales on Terrace View

The homes on Terrace View

Terrace View has 7 houses and 1 section. Most were built in the 2020s (50%).

2000s: 1 (1 home)12000s2010s: 2 (2 homes)2010s2020s: 3 (3 homes)32020s

Building and resource consents on Terrace View

1building consents in the last 5 years
5resource consents in the last 5 years
  • 52B Terrace View1 Mar 2024 · Building consentErect 12x12x3 totalspan gge
  • 10 Terrace View30 Jan 2025 · Resource consentTo subdivide land legally described as Lot 4 DP 558969 into two allotments in the Rural Zone (ODP); and the Rural Lifestyle Zone (PDP) located at 10Terrace View, RD 2, Hokitika 7882.
  • 10 Terrace View30 Jan 2025 · Resource consentTo construct a single residential dwelling on Lot 1 of the subdivision of land legally described as Lot 4 DP 558969 in the Rural Zone (ODP); and the General Rural Zone (PDP) located at 10 Terrace View
  • 10 Terrace View1 Mar 2024 · Resource consentSection 127 variation application to amend Conditions 1, 4, 5 and 6 of RC220063 to alter the approved building design and to regularise setback failures within the Rural Zone (ODP) and Rural Lifestyle
  • 10 Terrace View20 Jul 2022 · Resource consentTo relocate a dwelling within the Rural Zone site legally described as Lot 4 DP 558969, Blue Spur Road.
  • 54 Terrace View10 Nov 2021 · Resource consentTo establish a residential dwelling within the Rural Zone site legally described as Lot 8 DP 358668, Terrace View.

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