60 properties · Gladstone, Invercargill

Herbert Street, Gladstone

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.

$610kmedian council valuation
$708kour median estimate
$650kmedian sale, last 12 months · 5 sales
1940median year built
InvercargillGladstone ×Herbert Street ×

60 properties on Herbert Street, Gladstone

Highest and lowest on Herbert Street

Highest-valued home32 Herbert Street$1,630,000council valuation · 5 bed · 530 m² floor · 2,023 m² land
Lowest-valued home76 Herbert Street$340,000council valuation · 590 m² land
Highest sale in 202615 Herbert Street$1,125,000sold 11 Jul 2026 · 5 bed · 355 m² floor · 1,659 m² land

Property values on Herbert Street

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.

Lowest: $340k$340kLowest10%: $422k20%: $473k20%30%: $550k40%: $582k40%Median: $610k60%: $630k60%70%: $660k80%: $690k80%90%: $872kHighest: $1.63m$1.63mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
11$455k1—
29$475k1—
323$580k0—
415$670k1—
5+9$680k2—

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

Herbert Street compared with Gladstone

Herbert Street's median council value is 3% above Gladstone's.

Herbert StreetGladstoneInvercargill
Median council value$610k$595k$435k
Median sale, last 12 months$650k$680k$515k
Sold in the last 12 months8.3%6.5%4.8%
Time between sales7.1 yrs7.9 yrs7.2 yrs
Median section906 m²774 m²759 m²
Median year built194019601960
Council value per m² of floor$3k$3k$3k

Herbert Street 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: $435k (7 sales)$435k2017: $275k (5 sales)20172018: $360k (7 sales)2019: $470k (4 sales)20192020: $649k (2 sales)2021: too few sales to say (1 sale)20212022: $555k (3 sales)2023: $580k (3 sales)20232025: $650k (5 sales)$650k2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$1,125,000$3,169
20255$650,000$3,369
20233$580,000$2,636
20223$555,000$3,700
20211$620,000$3,054
20202$649,000$3,318
20194$470,000$2,602
20187$360,000$2,489
20175$275,000$2,009
20167$435,000$1,977

Recent sales on Herbert Street

The homes on Herbert Street

Herbert Street has 50 houses, 9 units and townhouses and 1 section. More were built in the 1940s than in any other decade (17%).

1900s: 4 (4 homes)41910s: 6 (6 homes)1910s1920s: 6 (6 homes)1930s: 4 (4 homes)1930s1940s: 10 (10 homes)101950s: 3 (3 homes)1950s1960s: 6 (6 homes)1970s: 6 (6 homes)1970s1980s: 5 (5 homes)1990s: 6 (6 homes)1990s2000s: 1 (1 home)2010s: 1 (1 home)12010s

How long owners stay on Herbert Street

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.

Building and resource consents on Herbert Street

2resource consents in the last 5 years

Herbert Street in other suburbs

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