97 properties · Grasmere, Invercargill

Stobo Street, Grasmere

Stobo Street in Grasmere has 97 properties, valued by the council between $166,000 and $590,000 with a median of $415,000 (Grasmere: $410,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $514,500. 6 sold in the last twelve months, for a median $504,500. The highest sale in 2026 was 87 Stobo Street, at $450,000.

$415kmedian council valuation
$515kour median estimate
$505kmedian sale, last 12 months · 6 sales
1960median year built
InvercargillGrasmere ×Stobo Street ×

97 properties on Stobo Street, Grasmere

Highest and lowest on Stobo Street

Highest-valued home24 Stobo Street$590,000council valuation · 129 m² floor · 627 m² land
Lowest-valued home92 Stobo Street$166,000council valuation · 627 m² land
Highest sale in 202687 Stobo Street$450,000sold 13 Apr 2026 · 3 bed · 150 m² floor · 627 m² land

Property values on Stobo Street

The council values Stobo Street's 96 rated properties between $166,000 and $590,000. The middle half sit between about $387,500 and $450,000; the median is $415,000 and the mean $416,469.

Lowest: $166k$166kLowest10%: $358k20%: $375k20%30%: $400k40%: $410k40%Median: $415k60%: $430k60%70%: $440k80%: $460k80%90%: $473kHighest: $590k$590kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$330k0—
387$415k4$480k
46$478k2—

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

Stobo Street compared with Grasmere

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

Stobo StreetGrasmereInvercargill
Median council value$415k$410k$435k
Median sale, last 12 months$505k$525k$515k
Sold in the last 12 months6.2%5.4%4.8%
Time between sales6.0 yrs6.5 yrs7.2 yrs
Median section627 m²627 m²759 m²
Median year built196019601960
Council value per m² of floor$4k$4k$3k

Stobo 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: $199k (10 sales)$199k20162017: $244k (10 sales)2018: $271k (4 sales)20182019: $312k (10 sales)2020: $365k (16 sales)20202021: $460k (9 sales)2022: $430k (3 sales)20222023: $445k (3 sales)2024: $454k (4 sales)20242025: $500k (7 sales)$500k2026: $434k (2 sales, this year so far)$434k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$433,500$3,104
20257$500,000$4,223
20244$454,002$3,923
20233$445,000$3,423
20223$430,000$3,496
20219$460,000$4,000
202016$364,750$3,033
201910$312,000$2,815
20184$270,500$2,447
201710$244,000$1,966
201610$198,500$1,635

Recent sales on Stobo Street

The homes on Stobo Street

Stobo Street has 97 houses. More were built in the 1960s than in any other decade (45%).

1910s: 1 (1 home)11910s1920s: 1 (1 home)1930s: 1 (1 home)1930s1940s: 11 (11 homes)1950s: 27 (27 homes)1950s1960s: 43 (43 homes)431970s: 9 (9 homes)1970s1980s: 1 (1 home)2020s: 1 (1 home)12020s

How long owners stay on Stobo Street

Homes on Stobo Street that resold in the last five years had been held a median 6.0 years (Grasmere: 6.5 years).

Time between a home's sales, for 20 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 Stobo Street

14building consents in the last 5 years
  • 170 Stobo Street1 Jul 2026 · Building consentInstall f/s maxen kinmont soild fuel burner
  • 180 Stobo Street1 May 2026 · Building consentRbw internal alt to remove wall kitchen / dining
  • 24 Stobo Street1 Jun 2025 · Building consentRbw construct 3 bdrm dwg
  • 70 Stobo Street1 Sept 2024 · Building consentSchedule 1, exemption 2 installation of insulmax blown mineral fibre insulation to the exterior walls of the dwg
  • 141 Stobo Street1 Aug 2024 · Building consentSchedule 1, exemption 2 - installation of insulmax blown mineral fibre insulation to the exterior walls of the dwg

Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.