Estimate $901k – $1.20m
4
197 Bay Road, Grasmere
75 properties · Grasmere, Invercargill
Bay Road, Grasmere
Bay Road in Grasmere has 75 properties, valued by the council between $250,000 and $900,000 with a median of $400,000 (Grasmere: $410,000). More of its homes were built in the 1970s than in any other decade. We estimate its homes at a median $512,500. 5 sold in the last twelve months, for a median $529,000. The highest sale in 2026 was 145 Bay Road, at $645,000.
$400kmedian council valuation
$513kour median estimate
$529kmedian sale, last 12 months · 5 sales
1960median year built
75 properties on Bay Road, Grasmere
Estimate $579k – $770k
4
187 Bay Road, Grasmere
Not listed
Estimate $544k – $724k
3
108 Bay Road, Grasmere
Not listed
Estimate $526k – $667k
3
177 Bay Road, Grasmere
Not listed
Estimate $522k – $662k
3
191 Bay Road, Grasmere
Not listed
Estimate $505k – $671k
4
157 Bay Road, Grasmere
Not listed
Estimate $524k – $664k
3
125 Bay Road, Grasmere
Not listed
Estimate $509k – $646k
4
137 Bay Road, Grasmere
Not listed
Estimate $500k – $634k
4
93 Bay Road, Grasmere
Not listed
Estimate $471k – $627k
3
200 Bay Road, Grasmere
Not listed
Estimate $532k – $674k
5
145 Bay Road, Grasmere
Not listed
Estimate $473k – $629k
3
209 Bay Road, Grasmere
Not listed
Estimate $470k – $625k
3
123 Bay Road, Grasmere
Not listed
Estimate $470k – $625k
3
195 Bay Road, Grasmere
Not listed
Estimate $468k – $623k
3
201 Bay Road, Grasmere
Not listed
Estimate $469k – $623k
3
192 Bay Road, Grasmere
Not listed
Estimate $486k – $616k
3
184 Bay Road, Grasmere
Not listed
Estimate $484k – $614k
3
90 Bay Road, Grasmere
Not listed
Estimate $476k – $604k
3
181 Bay Road, Grasmere
Not listed
Estimate $453k – $602k
3
164 Bay Road, Grasmere
Not listed
Estimate $468k – $594k
3
114 Bay Road, Grasmere
Not listed
Estimate $448k – $596k
3
129 Bay Road, Grasmere
Not listed
Estimate $447k – $594k
3
198 Bay Road, Grasmere
Not listed
Estimate $443k – $590k
3
206 Bay Road, Grasmere
Highest and lowest on Bay Road
Property values on Bay Road
The council values Bay Road's 58 rated properties between $250,000 and $900,000. The middle half sit between about $370,000 and $431,750; the median is $400,000 and the mean $406,983.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 1 | $250k | 0 | — |
| 2 | 2 | $403k | 0 | — |
| 3 | 46 | $395k | 3 | $529k |
| 4 | 7 | $470k | 1 | — |
| 5+ | 2 | $395k | 1 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Bay Road compared with Grasmere
Bay Road's median council value is about the same as Grasmere's.
| Bay Road | Grasmere | Invercargill | |
|---|---|---|---|
| Median council value | $400k | $410k | $435k |
| Median sale, last 12 months | $529k | $525k | $515k |
| Sold in the last 12 months | 6.7% | 5.4% | 4.8% |
| Time between sales | 6.2 yrs | 6.5 yrs | 7.2 yrs |
| Median section | 642 m² | 627 m² | 759 m² |
| Median year built | 1960 | 1960 | 1960 |
| Council value per m² of floor | $4k | $4k | $3k |
Bay 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.
Sales by year as a table
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 4 | $549,500 | $3,962 |
| 2025 | 4 | $512,500 | $4,688 |
| 2024 | 1 | $360,000 | $4,444 |
| 2023 | 3 | $475,000 | $3,293 |
| 2022 | 4 | $395,000 | $3,834 |
| 2021 | 3 | $400,000 | $4,149 |
| 2020 | 4 | $343,750 | $2,800 |
| 2019 | 3 | $299,000 | $2,593 |
| 2018 | 7 | $252,000 | $2,233 |
| 2017 | 5 | $230,000 | $2,154 |
| 2016 | 5 | $210,000 | $1,509 |
Recent sales on Bay Road
- 210 Bay Road$525,50027 Mar 2026 · 4 bed · 120 m² floor · 567 m² land
- 172 Bay Road$570,00019 Mar 2026 · 3 bed · 104 m² floor · 549 m² land
- 184 Bay Road$529,00016 Mar 2026 · 3 bed · 150 m² floor · 508 m² land
- 145 Bay Road$645,00017 Feb 2026 · 5 bed · 182 m² floor · 673 m² land
- 173 Bay Road$500,00028 Sept 2025 · 3 bed · 120 m² floor · 632 m² land
- 137 Bay Road$525,00015 Aug 2025 · 4 bed · 120 m² floor · 647 m² land
- 181 Bay Road$500,00025 Jun 2025 · 3 bed · 100 m² floor · 663 m² land
- 177 Bay Road$525,00025 Feb 2025 · 3 bed · 90 m² floor · 779 m² land
- 107 Bay Road$360,0002 Feb 2024 · 2 bed · 81 m² floor · 569 m² land
- 137 Bay Road$475,00027 Oct 2023 · 4 bed · 120 m² floor · 647 m² land
- 191 Bay Road$484,00026 Oct 2023 · 3 bed · 147 m² floor · 663 m² land
- 184 Bay Road$450,00018 Jan 2023 · 3 bed · 150 m² floor · 508 m² land
- 174 Bay Road$335,00022 Dec 2022 · 3 bed · 100 m² floor · 713 m² land
- 90 Bay Road$450,00016 Nov 2022 · 3 bed · 94 m² floor · 728 m² land
- 150 Bay Road$340,00019 Oct 2022 · 3 bed · 83 m² floor · 458 m² land
- 191 Bay Road$525,00020 Mar 2022 · 3 bed · 147 m² floor · 663 m² land
- 89 Bay Road$390,00017 Jun 2021 · 2 bed · 94 m² floor · 602 m² land
- 90 Bay Road$450,00017 May 2021 · 3 bed · 94 m² floor · 728 m² land
- 114 Bay Road$400,00013 Jan 2021 · 3 bed · 100 m² floor · 511 m² land
- 210 Bay Road$380,0006 Dec 2020 · 4 bed · 120 m² floor · 567 m² land
The homes on Bay Road
Bay Road has 73 houses and 2 units and townhouses. More were built in the 1970s than in any other decade (41%).
How long owners stay on Bay Road
Homes on Bay Road that resold in the last five years had been held a median 6.2 years (Grasmere: 6.5 years).
Time between a home's sales, for 14 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.
Bay Road in other suburbs
More streets in Grasmere
- Paterson Street122
- Stobo Street97
- Harvey Street92
- Tanner Street91
- Ross Street79
- Drury Lane56
- Cunningham Street49
- Heywood Street48
- Cunningham Crescent46
- Bullar Street43
- Charles Street43
- Price Street42
Every street in Grasmere, 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.