32 properties · Otatara, Invercargill

Rakiura Parade, Otatara

Rakiura Parade in Otatara has 32 properties, valued by the council between $190,000 and $1,150,000 with a median of $570,000 (Otatara: $690,000). More of its homes were built in the 1970s than in any other decade. We estimate its homes at a median $603,500. 1 sold in the last twelve months.

$570kmedian council valuation
$604kour median estimate
1sold in the last 12 months
1970median year built
InvercargillOtatara ×Rakiura Parade ×

32 properties on Rakiura Parade, Otatara

Highest and lowest on Rakiura Parade

Highest-valued home46 Rakiura Parade$1,150,000council valuation · 4 bed · 214 m² floor · 10,269 m² land
Lowest-valued home26 Rakiura Parade$190,000council valuation · 3,308 m² land
Highest sale, last 12 months7 Rakiura Parade$610,000sold 7 Oct 2025 · 3 bed · 130 m² floor · 1,275 m² land

Property values on Rakiura Parade

The council values Rakiura Parade's 32 rated properties between $190,000 and $1,150,000. The middle half sit between about $452,500 and $776,000; the median is $570,000 and the mean $620,344.

Lowest: $190k$190kLowest10%: $401k20%: $437k20%30%: $468k40%: $528k40%Median: $570k60%: $606k60%70%: $756k80%: $796k80%90%: $970kHighest: $1.15m$1.15mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$540k0—
320$515k1—
47$780k0—
5+2$790k0—

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

Rakiura Parade compared with Otatara

Rakiura Parade's median council value is 17% below Otatara's.

Rakiura ParadeOtataraInvercargill
Median council value$570k$690k$435k
Sold in the last 12 months3.1%4.7%4.8%
Median section2,518 m²4,064 m²759 m²
Median year built197019801960
Council value per m² of floor$4k$4k$3k

Rakiura Parade house prices over time

Median sale price by year; 2025 is the year so far. A year with fewer than two sales has no bar.

2016: $382k (2 sales)$382k20162017: too few sales to say (1 sale)2018: too few sales to say (1 sale)20182019: $348k (4 sales)2020: too few sales to say (1 sale)20202021: too few sales to say (1 sale)2023: $460k (3 sales)20232024: $707k (3 sales)$707k2025: too few sales to say (1 sale, this year so far)2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20251$610,000$4,692
20243$707,000$3,753
20233$460,000$3,069
20211$730,000$4,803
20201$600,000$2,500
20194$347,500$2,454
20181$588,000$1,200
20171$300,000$2,308
20162$381,500$2,137

Recent sales on Rakiura Parade

The homes on Rakiura Parade

Rakiura Parade has 31 houses and 1 section. More were built in the 1970s than in any other decade (47%).

1920s: 2 (2 homes)21920s1930s: 1 (1 home)1950s: 1 (1 home)1950s1960s: 4 (4 homes)1970s: 14 (14 homes)141970s1980s: 2 (2 homes)1990s: 1 (1 home)1990s2000s: 3 (3 homes)2010s: 2 (2 homes)22010s

Building and resource consents on Rakiura Parade

7building consents in the last 5 years
  • 41-43 Rakiura Parade1 Jul 2026 · Building consentInstall 50mm fs drainage, pump chamber, water tanks & fire fighting coupling
  • 44 Rakiura Parade1 Oct 2025 · Building consentSite servicing, convert septic tank to pump chamber
  • 32 Rakiura Parade1 Mar 2024 · Building consentDurability modification amendment
  • 53 Rakiura Parade1 Oct 2023 · Building consentInstallation f/s yunca oscar ca sub 1.1 fuel burner
  • 15 Rakiura Parade1 Oct 2023 · Building consentCoa new wc to existing bathrm

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