$1,820,000 CV
45 Settlers Road, Makarewa
5 properties · Makarewa, Invercargill
Settlers Road, Makarewa
Settlers Road in Makarewa has 5 properties, valued by the council between $480,000 and $1,820,000 with a median of $810,000 (Makarewa: $700,000). More of its homes were built in the 1940s than in any other decade. We estimate its homes at a median $827,500. 2 sold in the last twelve months. The highest sale in 2026 was 5 Settlers Road, at $870,000.
$810kmedian council valuation
$828kour median estimate
2sold in the last 12 months
1985median year built
5 properties on Settlers Road, Makarewa
Estimate $830k – $1.23m
4
33 Settlers Road, Makarewa
Estimate $740k – $1.04m
3
5 Settlers Road, Makarewa
Finding a picture…
Estimate $651k – $966k
48 Settlers Road, Makarewa
Finding a picture…
Estimate $472k – $649k
3
25 Settlers Road, Makarewa
Highest and lowest on Settlers Road
Property values on Settlers Road
The council values Settlers Road's 5 rated properties between $480,000 and $1,820,000. The middle half sit between about $709,000 and $1,015,000; the median is $810,000 and the mean $955,000.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 2 | $645k | 2 | — |
| 4 | 1 | $940k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Settlers Road compared with Makarewa
Settlers Road's median council value is 16% above Makarewa's.
| Settlers Road | Makarewa | Invercargill | |
|---|---|---|---|
| Median council value | $810k | $700k | $435k |
| Sold in the last 12 months | 20% | 2.9% | 4.8% |
| Median year built | 1985 | 1970 | 1960 |
| Council value per m² of floor | $5k | $4k | $3k |
Recent sales on Settlers Road
- 5 Settlers Road$870,0001 Apr 2026 · 3 bed · 164 m² floor · 16,130 m² land
- 5 Settlers Road$870,00027 Feb 2026 · 3 bed · 164 m² floor · 16,130 m² land
- 5 Settlers Road$213,5009 Aug 2021 · 3 bed · 164 m² floor · 16,130 m² land
- 25 Settlers Road$245,0009 Mar 2016 · 3 bed · 80 m² floor · 9,040 m² land
- 33 Settlers Road$149,00031 Oct 2007 · 4 bed · 240 m² floor · 30,170 m² land
- 25 Settlers Road$186,00011 Dec 2006 · 3 bed · 80 m² floor · 9,040 m² land
- 25 Settlers Road$158,00020 Apr 2006 · 3 bed · 80 m² floor · 9,040 m² land
- 33 Settlers Road$80,00013 Nov 2005 · 4 bed · 240 m² floor · 30,170 m² land
The homes on Settlers Road
More were built in the 1940s than in any other decade (25%).
Building and resource consents on Settlers Road
2resource consents in the last 5 years
- 5 Settlers Road8 Mar 2022 · Resource consentBuild new dwelling within 150m of neighbours dwelling
- 45 Settlers Road9 Nov 2021 · Resource consentSection 139 Certificate of Compliance to establish a building platform
More streets in Makarewa
- Flora Road East95
- Winton Lorneville Highway64
- Pomona Road East49
- Orion Road East34
- North Makarewa Grove Bush Road26
- Counsell Road24
- Actaeon Road23
- Calypso Road16
- Flora Road West16
- Minerva Road16
- Pomona Road West15
- Branxholme Makarewa Road13
Every street in Makarewa, 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.