79 properties · Glengarry, Invercargill

Racecourse Road, Glengarry

Racecourse Road in Glengarry has 79 properties, valued by the council between $310,000 and $1,000,000 with a median of $495,000 (Glengarry: $395,000). More of its homes were built in the 1970s than in any other decade. We estimate its homes at a median $626,500. 9 sold in the last twelve months, for a median $629,000. The highest sale in 2026 was 87 Racecourse Road, at $755,000.

$495kmedian council valuation
$627kour median estimate
$629kmedian sale, last 12 months · 9 sales
1970median year built
InvercargillGlengarry ×Racecourse Road ×

79 properties on Racecourse Road, Glengarry

Highest and lowest on Racecourse Road

Highest-valued home144 Racecourse Road$1,000,000council valuation · 4 bed · 276 m² floor · 835 m² land
Lowest-valued home79B Racecourse Road$310,000council valuation · 2 bed · 70 m² floor
Highest sale in 202687 Racecourse Road$755,000sold 3 Feb 2026 · 3 bed · 230 m² floor · 736 m² land

Property values on Racecourse Road

The council values Racecourse Road's 76 rated properties between $310,000 and $1,000,000. The middle half sit between about $417,500 and $557,500; the median is $495,000 and the mean $507,105.

Lowest: $310k$310kLowest10%: $400k20%: $410k20%30%: $425k40%: $455k40%Median: $495k60%: $510k60%70%: $535k80%: $580k80%90%: $620kHighest: $1.0m$1.0mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
29$410k0—
350$488k8$635k
416$575k1—
5+1$600k0—

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

Racecourse Road compared with Glengarry

Racecourse Road's median council value is 25% above Glengarry's.

Racecourse RoadGlengarryInvercargill
Median council value$495k$395k$435k
Median sale, last 12 months$629k$505k$515k
Sold in the last 12 months11.4%7%4.8%
Time between sales8.0 yrs6.7 yrs7.2 yrs
Median section814 m²713 m²759 m²
Median year built197019601960
Council value per m² of floor$3k$3k$3k

Racecourse Road 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: $286k (6 sales)$286k20162017: $294k (5 sales)2018: $322k (2 sales)20182019: $379k (4 sales)2020: $475k (5 sales)20202021: $544k (6 sales)2022: $450k (5 sales)20222023: $630k (3 sales)$630k2024: $570k (9 sales)20242025: $629k (5 sales)2026: $617k (4 sales, this year so far)$617k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20264$616,990$4,714
20255$629,000$3,468
20249$570,000$3,789
20233$630,000$4,167
20225$450,000$3,750
20216$543,750$2,972
20205$475,000$2,600
20194$379,000$2,457
20182$321,750$2,580
20175$294,000$2,167
20166$285,500$1,765

Recent sales on Racecourse Road

The homes on Racecourse Road

Racecourse Road has 70 houses and 8 units and townhouses. More were built in the 1970s than in any other decade (37%).

1940s: 6 (6 homes)61940s1950s: 6 (6 homes)1950s1960s: 22 (22 homes)1960s1970s: 28 (28 homes)281970s1980s: 9 (9 homes)1980s1990s: 2 (2 homes)1990s2000s: 1 (1 home)2000s2020s: 2 (2 homes)22020s

How long owners stay on Racecourse Road

Homes on Racecourse Road that resold in the last five years had been held a median 8.0 years (Glengarry: 6.7 years).

Time between a home's sales, for 25 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 Racecourse Road

3resource consents in the last 5 years
  • 105 Racecourse Road23 Apr 2024 · Resource consentAmendment to extend maximum number of children from 70 to 90 and extend the maximum number of staff from 15 to 20 and to constuct a new building at Early Learning Facility - Residential 1 Zone.
  • 105 Racecourse Road21 Mar 2024 · Resource consentIncrease the maximum limit for children from 70 to 90, and raise the maximum limit for staff from 15 to 20 and construction of a new builsing at a early learning facility - Residential 1 Zone
  • 100 Racecourse Road23 Jun 2022 · Resource consentTwo Lot Subdivision - Residential 1 Zone

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Every street in Glengarry, 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.