37 properties · Grasmere, Invercargill

Elgin Street, Grasmere

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.

$408kmedian council valuation
$516kour median estimate
1sold in the last 12 months
1950median year built
InvercargillGrasmere ×Elgin Street ×

37 properties on Elgin Street, Grasmere

Highest and lowest on Elgin Street

Highest-valued home59 Elgin Street$770,000council valuation · 3 bed · 175 m² floor · 578 m² land
Lowest-valued home11 Elgin Street$150,000council valuation · 417 m² land
Highest sale in 202656 Elgin Street$475,000sold 16 May 2026 · 151 m² floor · 531 m² land

Property values on Elgin Street

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.

Lowest: $150k$150kLowest10%: $258k20%: $305k20%30%: $343k40%: $380k40%Median: $408k60%: $430k60%70%: $455k80%: $530k80%90%: $715kHighest: $770k$770kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
25$380k0—
325$445k0—
41$430k0—

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

Elgin Street compared with Grasmere

Elgin Street's median council value is about the same as Grasmere's.

Elgin StreetGrasmereInvercargill
Median council value$408k$410k$435k
Sold in the last 12 months2.7%5.4%4.8%
Median section543 m²627 m²759 m²
Median year built195019601960
Council value per m² of floor$3k$4k$3k

Elgin 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: $175k (3 sales)$175k2017: $222k (5 sales)20172018: $345k (4 sales)2019: $330k (6 sales)20192020: $348k (4 sales)2021: too few sales to say (1 sale)20212022: too few sales to say (1 sale)2023: $750k (3 sales)$750k20232024: too few sales to say (1 sale)2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$475,000$3,146
20241$585,000$3,980
20233$750,000$4,386
20221$461,000$4,116
20211$599,900$3,333
20204$347,500$3,128
20196$329,500$2,245
20184$345,000$2,164
20175$221,500$1,546
20163$175,000$1,067

Recent sales on Elgin Street

The homes on Elgin Street

Elgin Street has 30 houses, 4 units and townhouses and 2 sections. More were built in the 1910s than in any other decade (15%).

1900s: 1 (1 home)11910s: 5 (5 homes)51910s1920s: 2 (2 homes)1930s: 4 (4 homes)1930s1940s: 4 (4 homes)1950s: 5 (5 homes)1950s1960s: 1 (1 home)1970s: 1 (1 home)1970s1990s: 3 (3 homes)2000s: 3 (3 homes)2000s2010s: 3 (3 homes)2020s: 2 (2 homes)22020s

Building and resource consents on Elgin Street

1resource consents in the last 5 years
  • 53 Elgin Street5 Aug 2024 · Resource consentDemolition of existing buildings on site, including a dwelling and two sheds - Residential 1 Zone

Elgin 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.