
Elgin Street in Grasmere has 37 properties, valued by the council between $150,000 and $770,000 with a median of $407,500 (Grasmere: $410,000). More of its homes were built in the 1910s than in any other decade. We estimate its homes at a median $515,500. 1 sold in the last twelve months. The highest sale in 2026 was 56 Elgin Street, at $475,000.
























The council values Elgin Street's 36 rated properties between $150,000 and $770,000. The middle half sit between about $323,750 and $492,500; the median is $407,500 and the mean $424,333.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 5 | $380k | 0 | — |
| 3 | 25 | $445k | 0 | — |
| 4 | 1 | $430k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Elgin Street's median council value is about the same as Grasmere's.
| Elgin Street | Grasmere | Invercargill | |
|---|---|---|---|
| Median council value | $408k | $410k | $435k |
| Sold in the last 12 months | 2.7% | 5.4% | 4.8% |
| Median section | 543 m² | 627 m² | 759 m² |
| Median year built | 1950 | 1960 | 1960 |
| Council value per m² of floor | $3k | $4k | $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 | $475,000 | $3,146 |
| 2024 | 1 | $585,000 | $3,980 |
| 2023 | 3 | $750,000 | $4,386 |
| 2022 | 1 | $461,000 | $4,116 |
| 2021 | 1 | $599,900 | $3,333 |
| 2020 | 4 | $347,500 | $3,128 |
| 2019 | 6 | $329,500 | $2,245 |
| 2018 | 4 | $345,000 | $2,164 |
| 2017 | 5 | $221,500 | $1,546 |
| 2016 | 3 | $175,000 | $1,067 |
Elgin Street has 30 houses, 4 units and townhouses and 2 sections. More were built in the 1910s than in any other decade (15%).
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.