
Tramway Road in Heidelberg has 52 properties, valued by the council between $230,000 and $580,000 with a median of $355,000 (Heidelberg: $370,000). Most of its homes were built in the 1970s. We estimate its homes at a median $430,000. 1 sold in the last twelve months. The highest sale in 2026 was 292 Tramway Road, at $395,000.
























The council values Tramway Road's 49 rated properties between $230,000 and $580,000. The middle half sit between about $335,000 and $379,500; the median is $355,000 and the mean $364,490.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 4 | $310k | 0 | — |
| 3 | 39 | $355k | 1 | — |
| 4 | 4 | $438k | 0 | — |
| 5+ | 1 | $380k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Tramway Road's median council value is 4% below Heidelberg's.
| Tramway Road | Heidelberg | Invercargill | |
|---|---|---|---|
| Median council value | $355k | $370k | $435k |
| Sold in the last 12 months | 1.9% | 4.3% | 4.8% |
| Time between sales | 7.5 yrs | 7.3 yrs | 7.2 yrs |
| Median section | 637 m² | 660 m² | 759 m² |
| Median year built | 1970 | 1970 | 1960 |
| Council value per m² of floor | $3k | $3k | $3k |
Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 1 | $395,000 | $3,591 |
| 2025 | 3 | $420,000 | $4,009 |
| 2024 | 2 | $407,500 | $3,863 |
| 2023 | 3 | $387,000 | $3,182 |
| 2021 | 1 | $360,000 | $3,273 |
| 2020 | 1 | $339,000 | $2,734 |
| 2019 | 8 | $231,000 | $1,921 |
| 2017 | 3 | $185,000 | $1,321 |
| 2016 | 10 | $133,500 | $1,282 |
Tramway Road has 52 houses. Most were built in the 1970s (71%).
Homes on Tramway Road that resold in the last five years had been held a median 7.5 years (Heidelberg: 7.3 years).
Time between a home's sales, for 9 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.
Every street in Heidelberg, 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.