Estimate $1.02m – $1.36m
4
207 Paterson Street, Grasmere
122 properties · Grasmere, Invercargill
Paterson Street, Grasmere
Paterson Street in Grasmere has 122 properties, valued by the council between $150,000 and $1,035,000 with a median of $430,000 (Grasmere: $410,000). More of its homes were built in the 1950s than in any other decade. We estimate its homes at a median $533,000. 7 sold in the last twelve months, for a median $515,000. The highest sale in 2026 was 56 Paterson Street, at $865,000.
$430kmedian council valuation
$533kour median estimate
$515kmedian sale, last 12 months · 7 sales
1970median year built
122 properties on Paterson Street, Grasmere
Estimate $946k – $1.20m
3
154 Paterson Street, Grasmere
Estimate $853k – $1.08m
4
150 Paterson Street, Grasmere
Estimate $818k – $1.09m
4
160 Paterson Street, Grasmere
Estimate $819k – $1.09m
5
158 Paterson Street, Grasmere
Estimate $819k – $1.04m
4
56 Paterson Street, Grasmere
Estimate $799k – $1.06m
3
152 Paterson Street, Grasmere
Estimate $741k – $985k
214 Paterson Street, Grasmere
Estimate $782k – $991k
3
156 Paterson Street, Grasmere
Estimate $716k – $952k
4
146 Paterson Street, Grasmere
Estimate $704k – $936k
3
126 Paterson Street, Grasmere
Estimate $659k – $877k
4
57 Paterson Street, Grasmere
Estimate $670k – $850k
3
148 Paterson Street, Grasmere
Estimate $636k – $845k
4
206 Paterson Street, Grasmere
Estimate $612k – $814k
3
202 Paterson Street, Grasmere
Estimate $627k – $834k
3
28 Paterson Street, Grasmere
Estimate $621k – $826k
4
124 Paterson Street, Grasmere
Estimate $595k – $791k
3
167 Paterson Street, Grasmere
Finding a picture…
Estimate $580k – $735k
12 Paterson Street, Grasmere
Finding a picture…
Estimate $572k – $761k
4
132 Paterson Street, Grasmere
Finding a picture…
Estimate $571k – $760k
4
136 Paterson Street, Grasmere
Finding a picture…
Estimate $570k – $758k
3
138 Paterson Street, Grasmere
Finding a picture…
Estimate $562k – $748k
4
134 Paterson Street, Grasmere
Finding a picture…
Estimate $551k – $732k
4
128 Paterson Street, Grasmere
Highest and lowest on Paterson Street
Highest-valued home207 Paterson Street$1,035,000council valuation · 4 bed · 267 m² floor · 5,589 m² land
Property values on Paterson Street
The council values Paterson Street's 120 rated properties between $150,000 and $1,035,000. The middle half sit between about $380,000 and $497,500; the median is $430,000 and the mean $460,917.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 1 | $330k | 0 | — |
| 2 | 4 | $318k | 0 | — |
| 3 | 90 | $418k | 4 | $452k |
| 4 | 18 | $540k | 2 | — |
| 5+ | 2 | $653k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Paterson Street compared with Grasmere
Paterson Street's median council value is 5% above Grasmere's.
| Paterson Street | Grasmere | Invercargill | |
|---|---|---|---|
| Median council value | $430k | $410k | $435k |
| Median sale, last 12 months | $515k | $525k | $515k |
| Sold in the last 12 months | 5.7% | 5.4% | 4.8% |
| Time between sales | 7.1 yrs | 6.5 yrs | 7.2 yrs |
| Median section | 627 m² | 627 m² | 759 m² |
| Median year built | 1970 | 1960 | 1960 |
| Council value per m² of floor | $3k | $4k | $3k |
Paterson 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.
Sales by year as a table
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 4 | $577,500 | $4,223 |
| 2025 | 10 | $512,750 | $4,303 |
| 2024 | 7 | $458,000 | $3,071 |
| 2023 | 6 | $444,500 | $4,167 |
| 2022 | 4 | $437,500 | $3,271 |
| 2021 | 11 | $450,000 | $4,198 |
| 2020 | 9 | $363,000 | $3,217 |
| 2019 | 13 | $292,500 | $2,336 |
| 2018 | 11 | $261,000 | $2,079 |
| 2017 | 13 | $216,000 | $1,784 |
| 2016 | 7 | $225,000 | $1,750 |
Recent sales on Paterson Street
- 61 Paterson Street$515,00019 May 2026 · 4 bed · 110 m² floor · 627 m² land
- 66 Paterson Street$465,0004 May 2026 · 3 bed · 80 m² floor · 551 m² land
- 56 Paterson Street$865,00010 Mar 2026 · 4 bed · 240 m² floor · 605 m² land
- 186 Paterson Street$640,0009 Mar 2026 · 3 bed · 170 m² floor · 723 m² land
- 12 Paterson Street$587,50028 Sept 2025 · 157 m² floor · 400 m² land
- 68 Paterson Street$438,00016 Sept 2025 · 3 bed · 100 m² floor · 683 m² land
- 58 Paterson Street$400,00012 Sept 2025 · 3 bed · 90 m² floor · 627 m² land
- 154 Paterson Street$955,00021 Aug 2025 · 3 bed · 226 m² floor · 602 m² land
- 14 Paterson Street$172,50025 Apr 2025 · 1 bed · 30 m² floor · 418 m² land
- 155 Paterson Street$505,50024 Apr 2025 · 3 bed · 130 m² floor · 627 m² land
- 50 Paterson Street$520,00023 Mar 2025 · 3 bed · 101 m² floor · 1,234 m² land
- 181 Paterson Street$570,0007 Mar 2025 · 5 bed · 190 m² floor · 640 m² land
- 150 Paterson Street$870,00030 Jan 2025 · 4 bed · 255 m² floor · 757 m² land
- 149 Paterson Street$472,00029 Jan 2025 · 3 bed · 94 m² floor · 627 m² land
- 135 Paterson Street$458,00026 Nov 2024 · 3 bed · 190 m² floor · 627 m² land
- 86 Paterson Street$506,00024 Nov 2024 · 3 bed · 108 m² floor · 455 m² land
- 87 Paterson Street$465,00012 Nov 2024 · 3 bed · 110 m² floor · 627 m² land
- 66 Paterson Street$419,00022 Oct 2024 · 3 bed · 80 m² floor · 551 m² land
- 177 Paterson Street$529,00016 Sept 2024 · 3 bed · 180 m² floor · 633 m² land
- 80 Paterson Street$430,0005 Jun 2024 · 3 bed · 140 m² floor · 506 m² land
The homes on Paterson Street
Paterson Street has 118 houses, 2 units and townhouses and 2 sections. More were built in the 1950s than in any other decade (29%).
How long owners stay on Paterson Street
Homes on Paterson Street that resold in the last five years had been held a median 7.1 years (Grasmere: 6.5 years).
Time between a home's sales, for 33 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 Paterson Street
17building consents in the last 5 years
1resource consents in the last 5 years
- 171 Paterson Street1 Jun 2026 · Building consentInstall yunca xander solid fuel burner (replacement)
- 61 Paterson Street1 May 2026 · Building consentRelocated hwc, relocated kitchen taps & removed internal wall
- 50 Paterson Street1 Apr 2026 · Building consentInstall 100mm fs & 100mm sw drainage (proposed 50b paterson St)
- 182 Paterson Street1 Nov 2025 · Building consentRbw change to cladding
- 40 Paterson Street1 Apr 2025 · Building consentAmendment to aba-2022-1360 - revise stormwater drainage
- 54 Paterson Street25 Apr 2022 · Resource consentGarage - No Dwelling - Residential 1 Zone
More streets in Grasmere
- Stobo Street97
- Harvey Street92
- Tanner Street91
- Ross Street79
- Bay Road75
- 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.