75 properties · Strathern, Invercargill

Elles Road, Strathern

Elles Road in Strathern has 75 properties, valued by the council between $250,000 and $700,000 with a median of $325,000 (Strathern: $360,000). More of its homes were built in the 1920s than in any other decade. We estimate its homes at a median $392,000. The last sale we have was in August 2025, for $450,000.

$325kmedian council valuation
$392kour median estimate
1945median year built
InvercargillStrathern ×Elles Road ×

75 properties on Elles Road, Strathern

Highest and lowest on Elles Road

Highest-valued home390 Elles Road$700,000council valuation · 16,394 m² land
Lowest-valued home284 Elles Road$250,000council valuation · 3 bed · 113 m² floor · 675 m² land

Property values on Elles Road

The council values Elles Road's 55 rated properties between $250,000 and $700,000. The middle half sit between about $307,500 and $374,000; the median is $325,000 and the mean $355,455.

Lowest: $250k$250kLowest10%: $292k20%: $300k20%30%: $315k40%: $320k40%Median: $325k60%: $347k60%70%: $365k80%: $383k80%90%: $456kHighest: $700k$700kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
215$320k0—
334$325k0—
44$445k0—
5+1$590k0—

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

Elles Road compared with Strathern

Elles Road's median council value is 10% below Strathern's.

Elles RoadStrathernInvercargill
Median council value$325k$360k$435k
Time between sales6.0 yrs7.4 yrs7.2 yrs
Median section673 m²702 m²759 m²
Median year built194519601960
Council value per m² of floor$3k$3k$3k

Elles Road 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: $154k (9 sales)$154k2017: $159k (4 sales)20172018: $233k (2 sales)2019: $205k (3 sales)20192020: $292k (2 sales)2021: $375k (5 sales)20212022: $375k (4 sales)2023: $388k (3 sales)20232024: $383k (6 sales)2025: $473k (4 sales, this year so far)$473k2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20254$472,500$3,063
20246$382,500$3,419
20233$387,500$3,300
20224$374,500$3,159
20215$375,000$2,885
20202$292,000$2,528
20193$205,000$2,278
20182$232,500$2,038
20174$159,000$1,131
20169$154,000$1,313

Recent sales on Elles Road

The homes on Elles Road

Elles Road has 60 houses, 14 units and townhouses and 1 section. More were built in the 1920s than in any other decade (26%).

1910s: 2 (2 homes)21920s: 14 (14 homes)141920s1930s: 8 (8 homes)1940s: 3 (3 homes)1940s1950s: 6 (6 homes)1960s: 2 (2 homes)1960s1970s: 1 (1 home)1980s: 7 (7 homes)1980s1990s: 9 (9 homes)2020s: 2 (2 homes)22020s

How long owners stay on Elles Road

Homes on Elles Road that resold in the last five years had been held a median 6.0 years (Strathern: 7.4 years).

Time between a home's sales, for 17 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.

More streets in Strathern

Every street in Strathern, 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.