42 properties · Gladstone, Invercargill

Grey Street, Gladstone

Grey Street in Gladstone has 42 properties, valued by the council between $325,000 and $1,075,000 with a median of $690,000 (Gladstone: $595,000). More of its homes were built in the 1920s than in any other decade. We estimate its homes at a median $779,000. 1 sold in the last twelve months.

$690kmedian council valuation
$779kour median estimate
1sold in the last 12 months
1960median year built
InvercargillGladstone ×Grey Street ×

42 properties on Grey Street, Gladstone

Highest and lowest on Grey Street

Highest-valued home74 Grey Street$1,075,000council valuation · 4 bed · 350 m² floor · 1,358 m² land
Lowest-valued home26 Grey Street$325,000council valuation · 2 bed · 80 m² floor
Highest sale, last 12 months38 Grey Street$760,000sold 21 Oct 2025 · 3 bed · 190 m² floor · 885 m² land

Property values on Grey Street

The council values Grey Street's 41 rated properties between $325,000 and $1,075,000. The middle half sit between about $575,000 and $785,000; the median is $690,000 and the mean $703,537.

Lowest: $325k$325kLowest10%: $540k20%: $570k20%30%: $580k40%: $650k40%Median: $690k60%: $720k60%70%: $740k80%: $830k80%90%: $950kHighest: $1.07m$1.07mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
24$483k0—
315$580k1—
421$820k0—
5+1$550k0—

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

Grey Street compared with Gladstone

Grey Street's median council value is 16% above Gladstone's.

Grey StreetGladstoneInvercargill
Median council value$690k$595k$435k
Sold in the last 12 months2.4%6.5%4.8%
Time between sales6.9 yrs7.9 yrs7.2 yrs
Median section675 m²774 m²759 m²
Median year built196019601960
Council value per m² of floor$3k$3k$3k

Grey Street 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: $390k (5 sales)$390k2017: $370k (5 sales)20172018: $533k (4 sales)2019: $448k (2 sales)20192020: $590k (3 sales)2021: $669k (2 sales)20212022: $610k (3 sales)2023: $845k (4 sales)$845k20232024: $773k (4 sales)2025: $703k (2 sales, this year so far)$703k2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20252$702,500$3,792
20244$772,500$4,267
20234$845,000$3,425
20223$610,000$3,389
20212$669,000$3,655
20203$590,000$2,774
20192$447,750$2,532
20184$532,500$2,656
20175$370,000$2,059
20165$390,000$2,119

Recent sales on Grey Street

  • 38 Grey Street$760,00021 Oct 2025 · 3 bed · 190 m² floor · 885 m² land
  • 2 Grey Street$645,0006 Jul 2025 · 2 bed · 180 m² floor · 633 m² land
  • 46 Grey Street$780,00022 Nov 2024 · 4 bed · 150 m² floor · 675 m² land
  • 115 Grey Street$765,00016 Mar 2024 · 4 bed · 286 m² floor · 872 m² land
  • 88 Grey Street$700,0007 Mar 2024 · 3 bed · 210 m² floor · 500 m² land
  • 42 Grey Street$945,00028 Jan 2024 · 3 bed · 165 m² floor · 428 m² land
  • 75 Grey Street$725,00025 May 2023 · 3 bed · 195 m² floor · 885 m² land
  • 44 Grey Street$965,00010 May 2023 · 4 bed · 184 m² floor · 460 m² land
  • 102 Grey Street$570,00015 Apr 2023 · 5 bed · 182 m² floor · 1,118 m² land
  • 74 Grey Street$1,060,0006 Mar 2023 · 4 bed · 350 m² floor · 1,358 m² land
  • 33 Grey Street$570,00017 May 2022 · 3 bed · 170 m² floor · 430 m² land
  • 2 Grey Street$610,00026 Feb 2022 · 2 bed · 180 m² floor · 633 m² land
  • 14 Grey Street$1,000,00019 Jan 2022 · 4 bed · 284 m² floor · 1,275 m² land
  • 75 Grey Street$743,00019 Oct 2021 · 3 bed · 195 m² floor · 885 m² land
  • 61 Grey Street$595,00011 May 2021 · 3 bed · 170 m² floor · 557 m² land
  • 112 Grey Street$590,0007 Dec 2020 · 4 bed · 210 m² floor · 779 m² land
  • 101 Grey Street$760,0008 Jul 2020 · 4 bed · 274 m² floor · 1,363 m² land
  • 75 Grey Street$510,0008 Jun 2020 · 3 bed · 195 m² floor · 885 m² land
  • 107 Grey Street$463,00020 Dec 2019 · 4 bed · 174 m² floor · 979 m² land
  • 68 Grey Street$432,50022 May 2019 · 3 bed · 180 m² floor · 574 m² land

The homes on Grey Street

Grey Street has 40 houses and 2 units and townhouses. More were built in the 1920s than in any other decade (15%).

1900s: 1 (1 home)11910s: 5 (5 homes)1910s1920s: 6 (6 homes)61930s: 2 (2 homes)1930s1940s: 2 (2 homes)1950s: 4 (4 homes)1950s1960s: 2 (2 homes)1970s: 6 (6 homes)1970s1980s: 3 (3 homes)1990s: 5 (5 homes)1990s2000s: 3 (3 homes)2010s: 2 (2 homes)22010s

How long owners stay on Grey Street

Homes on Grey Street that resold in the last five years had been held a median 6.9 years (Gladstone: 7.9 years).

Time between a home's sales, for 12 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 Grey Street

10building consents in the last 5 years
  • 102 Grey Street1 May 2026 · Building consentInstall f/s metro xtreme rad solid fuel burner
  • 100 Grey Street1 Jul 2025 · Building consentRbw internal alterations to remove wall & replace deck
  • 93 Grey Street1 Jun 2025 · Building consentRbw bathrm / laundry alt including wet floor shower
  • 115 Grey Street1 Mar 2025 · Building consentInstall f/s yunca monte base solid fuel burner
  • 101 Grey Street1 Jun 2024 · Building consentNew shower & toilet added to existing laundry space, tub changed for vanity & new fireplace in lounge.

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