
Herbert Street in Gladstone has 60 properties, valued by the council between $340,000 and $1,630,000 with a median of $610,000 (Gladstone: $595,000). More of its homes were built in the 1940s than in any other decade. We estimate its homes at a median $708,000. 5 sold in the last twelve months, for a median $650,000. The highest sale in 2026 was 15 Herbert Street, at $1,125,000.
























The council values Herbert Street's 59 rated properties between $340,000 and $1,630,000. The middle half sit between about $511,500 and $675,000; the median is $610,000 and the mean $629,237.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 1 | $455k | 1 | — |
| 2 | 9 | $475k | 1 | — |
| 3 | 23 | $580k | 0 | — |
| 4 | 15 | $670k | 1 | — |
| 5+ | 9 | $680k | 2 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Herbert Street's median council value is 3% above Gladstone's.
| Herbert Street | Gladstone | Invercargill | |
|---|---|---|---|
| Median council value | $610k | $595k | $435k |
| Median sale, last 12 months | $650k | $680k | $515k |
| Sold in the last 12 months | 8.3% | 6.5% | 4.8% |
| Time between sales | 7.1 yrs | 7.9 yrs | 7.2 yrs |
| Median section | 906 m² | 774 m² | 759 m² |
| Median year built | 1940 | 1960 | 1960 |
| Council value per m² of floor | $3k | $3k | $3k |
Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 1 | $1,125,000 | $3,169 |
| 2025 | 5 | $650,000 | $3,369 |
| 2023 | 3 | $580,000 | $2,636 |
| 2022 | 3 | $555,000 | $3,700 |
| 2021 | 1 | $620,000 | $3,054 |
| 2020 | 2 | $649,000 | $3,318 |
| 2019 | 4 | $470,000 | $2,602 |
| 2018 | 7 | $360,000 | $2,489 |
| 2017 | 5 | $275,000 | $2,009 |
| 2016 | 7 | $435,000 | $1,977 |
Herbert Street has 50 houses, 9 units and townhouses and 1 section. More were built in the 1940s than in any other decade (17%).
Homes on Herbert Street that resold in the last five years had been held a median 7.1 years (Gladstone: 7.9 years).
Time between a home's sales, for 11 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.
Every street in Gladstone, 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.