49 properties · Heidelberg, Invercargill

Nichol Street, Heidelberg

Nichol Street in Heidelberg has 49 properties, valued by the council between $260,000 and $610,000 with a median of $405,000 (Heidelberg: $370,000). More of its homes were built in the 1950s than in any other decade. We estimate its homes at a median $491,000. 4 sold in the last twelve months, for a median $565,000. The highest sale in 2026 was 61 Nichol Street, at $600,000.

$405kmedian council valuation
$491kour median estimate
$565kmedian sale, last 12 months · 4 sales
1950median year built
InvercargillHeidelberg ×Nichol Street ×

49 properties on Nichol Street, Heidelberg

Highest and lowest on Nichol Street

Highest-valued home11 Nichol Street$610,000council valuation · 4 bed · 250 m² floor · 708 m² land
Lowest-valued home26 Nichol Street$260,000council valuation · 2 bed · 83 m² floor · 594 m² land
Highest sale in 202661 Nichol Street$600,000sold 25 May 2026 · 4 bed · 170 m² floor · 994 m² land

Property values on Nichol Street

The council values Nichol Street's 49 rated properties between $260,000 and $610,000. The middle half sit between about $383,500 and $471,000; the median is $405,000 and the mean $425,612.

Lowest: $260k$260kLowest10%: $350k20%: $370k20%30%: $397k40%: $405k40%Median: $405k60%: $420k60%70%: $455k80%: $487k80%90%: $516kHighest: $610k$610kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
22$340k0—
340$405k2—
45$490k1—

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

Nichol Street compared with Heidelberg

Nichol Street's median council value is 9% above Heidelberg's.

Nichol StreetHeidelbergInvercargill
Median council value$405k$370k$435k
Median sale, last 12 months$565k$455k$515k
Sold in the last 12 months8.2%4.3%4.8%
Time between sales5.4 yrs7.4 yrs7.2 yrs
Median section830 m²660 m²759 m²
Median year built195019701960
Council value per m² of floor$3k$3k$3k

Nichol 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: too few sales to say (1 sale)20162017: too few sales to say (1 sale)2018: $266k (7 sales)$266k20182019: $284k (2 sales)2020: too few sales to say (1 sale)20202021: $325k (4 sales)2022: $368k (2 sales)20222023: $616k (3 sales)$616k2024: too few sales to say (1 sale)20242025: $440k (3 sales)2026: $530k (3 sales, this year so far)$530k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20263$530,000$2,146
20253$440,000$2,841
20241$480,000$2,400
20233$615,850$4,106
20222$368,000$2,618
20214$325,000$2,602
20201$290,000$1,381
20192$283,500$2,099
20187$266,000$1,667
20171$265,000$1,767
20161$184,000$1,521

Recent sales on Nichol Street

The homes on Nichol Street

Nichol Street has 49 houses. More were built in the 1950s than in any other decade (45%).

1920s: 3 (3 homes)31920s1930s: 2 (2 homes)1930s1940s: 4 (4 homes)1940s1950s: 22 (22 homes)221950s1960s: 11 (11 homes)1960s1970s: 4 (4 homes)1970s2010s: 1 (1 home)2010s2020s: 2 (2 homes)22020s

How long owners stay on Nichol Street

Homes on Nichol Street that resold in the last five years had been held a median 5.4 years (Heidelberg: 7.4 years).

Time between a home's sales, for 13 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 Nichol Street

9building consents in the last 5 years
  • 77 Nichol Street1 Sept 2025 · Building consentInstall f/s maxen kinmont 350-ws solid fuel burner
  • 32 Nichol Street1 Jun 2025 · Building consentRbw extension to include bdrm & ensuite, alt to reconfigure dwg
  • 43B Nichol Street1 Mar 2023 · Building consentRbw construct 3 bdrm dwg with attached gge
  • 18 Nichol Street1 Mar 2023 · Building consentInstall masport r3000 wood burner (replacement)
  • 43A Nichol Street1 Mar 2023 · Building consentRbw construct 3 bdrm dwg with attached gge

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