61 properties · Hargest, Invercargill

Racecourse Road, Hargest

Racecourse Road in Hargest has 61 properties, valued by the council between $410,000 and $1,050,000 with a median of $525,000 (Hargest: $450,000). Most of its homes were built in the 1960s. We estimate its homes at a median $629,500. 2 sold in the last twelve months. The highest sale in 2026 was 411 Racecourse Road, at $725,000.

$525kmedian council valuation
$630kour median estimate
2sold in the last 12 months
1960median year built
InvercargillHargest ×Racecourse Road ×

61 properties on Racecourse Road, Hargest

Highest and lowest on Racecourse Road

Highest-valued home369 Racecourse Road$1,050,000council valuation · 4 bed · 314 m² floor · 21,275 m² land
Lowest-valued home460 Racecourse Road$410,000council valuation · 3 bed · 120 m² floor · 506 m² land
Highest sale in 2026411 Racecourse Road$725,000sold 5 Jun 2026 · 3 bed · 150 m² floor · 688 m² land

Property values on Racecourse Road

The council values Racecourse Road's 60 rated properties between $410,000 and $1,050,000. The middle half sit between about $452,000 and $561,500; the median is $525,000 and the mean $522,750.

Lowest: $410k$410kLowest10%: $430k20%: $449k20%30%: $455k40%: $510k40%Median: $525k60%: $540k60%70%: $553k80%: $570k80%90%: $590kHighest: $1.05m$1.05mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$590k0—
351$510k1—
48$605k1—

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

Racecourse Road compared with Hargest

Racecourse Road's median council value is 17% above Hargest's.

Racecourse RoadHargestInvercargill
Median council value$525k$450k$435k
Sold in the last 12 months3.3%5.6%4.8%
Time between sales6.7 yrs6.7 yrs7.2 yrs
Median section683 m²645 m²759 m²
Median year built196019601960
Council value per m² of floor$3k$4k$3k

Racecourse Road 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: $273k (7 sales)$273k20162017: $304k (8 sales)2018: $352k (6 sales)20182019: $425k (5 sales)2020: $496k (4 sales)20202021: $500k (3 sales)2022: $580k (4 sales)20222023: $520k (3 sales)2024: $550k (3 sales)20242025: $604k (2 sales)2026: $657k (2 sales, this year so far)$657k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$656,500$3,642
20252$604,000$3,716
20243$550,000$4,000
20233$520,000$2,882
20224$580,000$3,504
20213$499,999$3,308
20204$495,596$2,883
20195$425,000$3,014
20186$352,250$2,438
20178$303,500$1,999
20167$273,000$1,781

Recent sales on Racecourse Road

The homes on Racecourse Road

Racecourse Road has 61 houses. Most were built in the 1960s (58%).

1930s: 1 (1 home)11930s1940s: 1 (1 home)1940s1950s: 3 (3 homes)1950s1960s: 35 (35 homes)351960s1970s: 15 (15 homes)1970s1980s: 4 (4 homes)1980s2000s: 1 (1 home)12000s

How long owners stay on Racecourse Road

Homes on Racecourse Road that resold in the last five years had been held a median 6.7 years (Hargest: 6.7 years).

Time between a home's sales, for 14 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 Racecourse Road

5building consents in the last 5 years

More streets in Hargest

Every street in Hargest, 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.