Moray Crescent in Grasmere has 34 properties, valued by the council between $125,000 and $470,000 with a median of $410,000 (Grasmere: $410,000). Most of its homes were built in the 1970s. We estimate its homes at a median $528,000. 5 sold in the last twelve months, for a median $526,000. The highest sale in 2026 was 48 Moray Crescent, at $545,000.
AerialNot listedThe council values Moray Crescent's 33 rated properties between $125,000 and $470,000. The middle half sit between about $399,500 and $430,000; the median is $410,000 and the mean $403,939.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 31 | $410k | 3 | $545k |
| 4 | 1 | $430k | 1 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Moray Crescent's median council value is about the same as Grasmere's.
| Moray Crescent | Grasmere | Invercargill | |
|---|---|---|---|
| Median council value | $410k | $410k | $435k |
| Median sale, last 12 months | $526k | $525k | $515k |
| Sold in the last 12 months | 14.7% | 5.4% | 4.8% |
| Time between sales | 5.5 yrs | 6.5 yrs | 7.2 yrs |
| Median section | 670 m² | 627 m² | 759 m² |
| Median year built | 1970 | 1960 | 1960 |
| Council value per m² of floor | $4k | $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 | 2 | $535,500 | $4,520 |
| 2025 | 4 | $490,750 | $4,249 |
| 2024 | 3 | $495,000 | $5,500 |
| 2023 | 1 | $445,000 | $4,450 |
| 2022 | 2 | $487,750 | $4,115 |
| 2021 | 2 | $451,500 | $4,313 |
| 2020 | 8 | $370,000 | $3,262 |
| 2019 | 3 | $325,000 | $2,885 |
| 2018 | 1 | $258,000 | $2,580 |
| 2017 | 1 | $220,000 | $2,200 |
| 2016 | 2 | $222,500 | $2,146 |
Moray Crescent has 33 houses. Most were built in the 1970s (100%).
Homes on Moray Crescent that resold in the last five years had been held a median 5.5 years (Grasmere: 6.5 years).
Time between a home's sales, for 11 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.
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.