Estimate $555k – $738k
3
434 Racecourse Road, Hargest
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
62 properties on Racecourse Road, Hargest
Estimate $597k – $756k
3
461 Racecourse Road, Hargest
Estimate $578k – $733k
3
427 Racecourse Road, Hargest
Finding a picture…
Estimate $575k – $728k
3
487 Racecourse Road, Hargest
Estimate $576k – $729k
3
469 Racecourse Road, Hargest
Estimate $541k – $719k
3
407 Racecourse Road, Hargest
Estimate $576k – $730k
3
471 Racecourse Road, Hargest
Estimate $536k – $713k
3
482 Racecourse Road, Hargest
Estimate $544k – $690k
4
395 Racecourse Road, Hargest
Estimate $530k – $704k
3
401 Racecourse Road, Hargest
Finding a picture…
Estimate $561k – $711k
3
475 Racecourse Road, Hargest
Finding a picture…
Estimate $552k – $700k
3
470 Racecourse Road, Hargest
Finding a picture…
Estimate $547k – $694k
3
438 Racecourse Road, Hargest
Finding a picture…
Estimate $518k – $689k
3
387 Racecourse Road, Hargest
Finding a picture…
Estimate $520k – $692k
3
381 Racecourse Road, Hargest
Finding a picture…
Estimate $515k – $685k
3
423 Racecourse Road, Hargest
Finding a picture…
Estimate $522k – $662k
3
399 Racecourse Road, Hargest
Finding a picture…
Estimate $503k – $638k
3
448 Racecourse Road, Hargest
Finding a picture…
Estimate $475k – $632k
3
417 Racecourse Road, Hargest
Finding a picture…
Estimate $492k – $623k
3
452 Racecourse Road, Hargest
Finding a picture…
Estimate $468k – $623k
3
476 Racecourse Road, Hargest
Finding a picture…
Estimate $467k – $622k
3
453 Racecourse Road, Hargest
Finding a picture…
Estimate $508k – $644k
3
365 Racecourse Road, Hargest
Finding a picture…
Estimate $481k – $640k
3
405 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
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.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 1 | $590k | 0 | — |
| 3 | 51 | $510k | 1 | — |
| 4 | 8 | $605k | 1 | — |
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 Road | Hargest | Invercargill | |
|---|---|---|---|
| Median council value | $525k | $450k | $435k |
| Sold in the last 12 months | 3.3% | 5.6% | 4.8% |
| Time between sales | 6.7 yrs | 6.7 yrs | 7.2 yrs |
| Median section | 683 m² | 645 m² | 759 m² |
| Median year built | 1960 | 1960 | 1960 |
| 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.
Sales by year as a table
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 2 | $656,500 | $3,642 |
| 2025 | 2 | $604,000 | $3,716 |
| 2024 | 3 | $550,000 | $4,000 |
| 2023 | 3 | $520,000 | $2,882 |
| 2022 | 4 | $580,000 | $3,504 |
| 2021 | 3 | $499,999 | $3,308 |
| 2020 | 4 | $495,596 | $2,883 |
| 2019 | 5 | $425,000 | $3,014 |
| 2018 | 6 | $352,250 | $2,438 |
| 2017 | 8 | $303,500 | $1,999 |
| 2016 | 7 | $273,000 | $1,781 |
Recent sales on Racecourse Road
- 411 Racecourse Road$725,0005 Jun 2026 · 3 bed · 150 m² floor · 688 m² land
- 395 Racecourse Road$588,00023 Apr 2026 · 4 bed · 240 m² floor · 688 m² land
- 438 Racecourse Road$565,0001 May 2025 · 3 bed · 134 m² floor · 549 m² land
- 491 Racecourse Road$643,00028 Jan 2025 · 3 bed · 200 m² floor · 683 m² land
- 464 Racecourse Road$470,0005 Oct 2024 · 3 bed · 100 m² floor · 506 m² land
- 430 Racecourse Road$640,00024 Mar 2024 · 3 bed · 160 m² floor · 792 m² land
- 480 Racecourse Road$550,00023 Mar 2024 · 3 bed · 160 m² floor · 612 m² land
- 399 Racecourse Road$490,0001 Sept 2023 · 3 bed · 170 m² floor · 688 m² land
- 500 Racecourse Road$570,0001 Aug 2023 · 3 bed · 140 m² floor · 734 m² land
- 395 Racecourse Road$520,00027 Apr 2023 · 4 bed · 240 m² floor · 688 m² land
- 491 Racecourse Road$635,00016 Dec 2022 · 3 bed · 200 m² floor · 683 m² land
- 449 Racecourse Road$575,00018 Aug 2022 · 3 bed · 150 m² floor · 683 m² land
- 464 Racecourse Road$450,00028 Jul 2022 · 3 bed · 100 m² floor · 506 m² land
- 483 Racecourse Road$585,00028 Feb 2022 · 3 bed · 190 m² floor · 683 m² land
- 469 Racecourse Road$544,0006 Aug 2021 · 3 bed · 160 m² floor · 683 m² land
- 470 Racecourse Road$499,99919 Jul 2021 · 3 bed · 152 m² floor · 539 m² land
- 448 Racecourse Road$430,00027 Feb 2021 · 3 bed · 130 m² floor · 703 m² land
- 399 Racecourse Road$435,00012 Dec 2020 · 3 bed · 170 m² floor · 688 m² land
- 359 Racecourse Road$510,0002 Dec 2020 · 3 bed · 153 m² floor · 1,009 m² land
- 411 Racecourse Road$481,19120 Jul 2020 · 3 bed · 150 m² floor · 688 m² land
The homes on Racecourse Road
Racecourse Road has 61 houses. Most were built in the 1960s (58%).
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
- 363 Racecourse Road1 May 2026 · Building consentNew freestanding fireplace housing - detached
- 471 Racecourse Road1 Nov 2025 · Building consentInstall yunca xander insert solid fuel burner (replacement)
- 491 Racecourse Road1 Apr 2023 · Building consentInstall rika filo pellet burner
- 427 Racecourse Road1 Aug 2022 · Building consentInstallation of freestanding jayline fr300
- 395 Racecourse Road1 May 2022 · Building consentInstall yunca wegj ca sub 1.0
Racecourse Road in other suburbs
More streets in Hargest
- Talbot Street58
- Lamond Street East55
- Kowhai Avenue29
- Pine Crescent28
- Matai Street26
- Ward Street21
- Kauri Terrace18
- Talbot Place18
- Rowan Street15
- Glenbrae Place14
- Roseburn Place13
- Fern Street7
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.
About property on Racecourse Road, Hargest
Every property in Racecourse Road, Hargest, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.
Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.
Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.
Header photo: Phillip Capper from Wellington, New Zealand, CC BY 2.0, via Wikimedia Commons (licence).