43 properties · Gladstone, Invercargill

Russel Street, Gladstone

Russel Street in Gladstone has 43 properties, valued by the council between $360,000 and $1,200,000 with a median of $680,000 (Gladstone: $595,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $758,000. 4 sold in the last twelve months, for a median $711,000. The highest sale in 2026 was 111 Russel Street, at $840,000.

$680kmedian council valuation
$758kour median estimate
$711kmedian sale, last 12 months · 4 sales
1950median year built
InvercargillGladstone ×Russel Street ×

43 properties on Russel Street, Gladstone

Highest and lowest on Russel Street

Highest-valued home78 Russel Street$1,200,000council valuation · 5 bed · 390 m² floor · 873 m² land
Lowest-valued home59 Russel Street$360,000council valuation · 2 bed · 90 m² floor
Highest sale in 2026111 Russel Street$840,000sold 23 Mar 2026 · 3 bed · 360 m² floor · 746 m² land

Property values on Russel Street

The council values Russel Street's 42 rated properties between $360,000 and $1,200,000. The middle half sit between about $567,500 and $720,000; the median is $680,000 and the mean $662,381.

Lowest: $360k$360kLowest10%: $468k20%: $552k20%30%: $583k40%: $618k40%Median: $680k60%: $700k60%70%: $710k80%: $730k80%90%: $875kHighest: $1.2m$1.2mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
11$550k0—
23$390k0—
318$610k2—
415$700k2—
5+3$900k0—

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

Russel Street compared with Gladstone

Russel Street's median council value is 14% above Gladstone's.

Russel StreetGladstoneInvercargill
Median council value$680k$595k$435k
Median sale, last 12 months$711k$680k$515k
Sold in the last 12 months9.3%6.5%4.8%
Time between sales7.2 yrs7.9 yrs7.2 yrs
Median section746 m²774 m²759 m²
Median year built195019601960
Council value per m² of floor$4k$3k$3k

Russel 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: $271k (2 sales)$271k20162017: $360k (3 sales)2018: $494k (6 sales)20182019: $631k (2 sales)2020: $409k (3 sales)20202021: $748k (4 sales)2022: $713k (2 sales)20222023: $435k (3 sales)2024: $574k (4 sales)20242025: $750k (3 sales)$750k2026: $711k (4 sales, this year so far)$711k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20264$711,000$3,675
20253$750,000$4,552
20244$574,050$3,970
20233$435,000$3,955
20222$712,500$4,096
20214$747,500$2,978
20203$409,000$3,529
20192$630,500$3,111
20186$494,250$2,575
20173$360,000$1,500
20162$270,500$1,952

Recent sales on Russel Street

The homes on Russel Street

Russel Street has 37 houses, 5 units and townhouses and 1 section. More were built in the 1960s than in any other decade (24%).

1910s: 5 (5 homes)51910s1920s: 4 (4 homes)1930s: 5 (5 homes)1930s1940s: 3 (3 homes)1950s: 4 (4 homes)1950s1960s: 10 (10 homes)101970s: 7 (7 homes)1970s1980s: 2 (2 homes)2010s: 1 (1 home)12010s

How long owners stay on Russel Street

Homes on Russel Street that resold in the last five years had been held a median 7.2 years (Gladstone: 7.9 years).

Time between a home's sales, for 17 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 Russel Street

5building consents in the last 5 years
2resource consents in the last 5 years
  • 73 Russel Street1 May 2025 · Building consentRbw cladding changed to plaster over brick
  • 73 Russel Street1 Mar 2025 · Building consentRbw internal alterations, add of ensuite & re-clad
  • 20 Russel Street1 Oct 2022 · Building consentInstall f/standing jayline fr300 ca
  • 33 Russel Street1 Aug 2022 · Building consentRbw - bathrm alterations including new tub & washing machine in the laundry space
  • 8 Russel Street1 May 2022 · Building consentConstruct versatile gge
  • 74 Russel Street10 Oct 2022 · Resource consentPermanent Structure Lease Area Boundary Adjustment
  • 8 Russel Street25 May 2022 · Resource consentYard Breach of North Boundary - Residential 1 Zone

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