3,370 properties · Lower Hutt

Petone house prices and sales

Petone's median sale price over the last twelve months was $750k, across 78 sales, down 6% on the twelve months before.

$750kmedian sale, last 12 months · 78 sales · down 6%
$780kmedian council valuation
9.3 yrsmedian time between sales
36for sale now
Lower HuttPetone ×
All 3,695For sale 36For rent 0Sold 69

3,695 properties in Petone

About Petone

Two-bedroom homes sold for a median $614k and three-bedroom homes for $800k. Homes sold for a median $6,636 per square metre of floor over the last twelve months. Homes in Petone change hands every 9.3 years on median, against 9.7 across Lower Hutt and 7.9 nationally. About 2.3% of its homes sold in the last twelve months.

Schools zoned for Petone

  • Sacred Heart School (Petone)primary · Years 1-8
  • Wilford Schoolprimary · Years 1-8
  • Petone Central Schoolprimary · Years 1-8
  • Hutt International Boys' Schoolsecondary · Years 7-15
  • St Oran's Collegesecondary · Years 7-15
  • Hutt Valley High Schoolsecondary · Years 9-15

Petone house prices over time

Median sale price by year, all homes; 2026 is the year so far. Petone's median sale price over the last twelve months was $750k, across 78 sales, down 6% on the twelve months before. Across Lower Hutt it was $790k.

2016: $615k (138 sales)$615k20162017: $644k (143 sales)2018: $616k (134 sales)20182019: $710k (149 sales)2020: $800k (170 sales)20202021: $972k (144 sales)2022: $1.02m (95 sales)$1.02m20222023: $841k (81 sales)2024: $810k (101 sales)20242025: $787k (118 sales)2026: $720k (51 sales, this year so far)$720k2026
Sales by year as a table
YearSalesMedian pricePer m² floorPer m² land (est.)Lower Hutt median
202651$720,000$6,672$1,155$780,000
2025118$787,100$7,198$1,297$792,000
2024101$810,000$7,746$1,298$810,000
202381$841,297$7,657$1,345$850,000
202295$1,017,000$8,786$1,542$935,000
2021144$972,000$9,693$1,708$950,000
2020170$799,500$7,918$1,352$780,000
2019149$710,000$6,566$1,135$688,250
2018134$616,250$6,584$1,116$620,000
2017143$644,000$5,525$1,056$590,000
2016138$615,000$5,103$942$542,050

Estimated value, month by month

Our model's median estimate for homes in Petone, down 4% over the last twelve months. An automated estimate, not a registered valuation.

Nov 2024: $791kDec 2024: $794kJan 2025: $795kFeb 2025: $794kMar 2025: $792kApr 2025: $785kMay 2025: $780kJun 2025: $779kJul 2025: $777kAug 2025: $775kSept 2025: $780kOct 2025: $787kNov 2025: $791kDec 2025: $788kJan 2026: $786kFeb 2026: $781kMar 2026: $774kApr 2026: $765kMay 2026: $758kJun 2026: $758kJul 2026: $761kAug 2026: $761kSept 2026: $766kOct 2026: $753k$791k$753kNov 2024Oct 2026
Scale $745k to $803k, not from zero.

Prices by bedrooms in Petone

Over the last twelve months, 2-bedroom homes sold for a median $614k, 3-bedroom homes sold for a median $800k, 4-bedroom homes sold for a median $1.05m.

BedroomsHomesMedian council valueSold, last 12 monthsMedian salePer m² floor
191$640k1—$7,500
2468$600k23$614k$7,578
31,352$790k37$800k$6,536
4329$940k14$1.05m$6,625
5+62$1.05m2—$4,889

Price per square metre

Homes in Petone sold for a median $6,636 per square metre of floor over the last twelve months, land included (Lower Hutt: $6,204); the land under houses sold for an estimated $1,197 per square metre (Lower Hutt: $818). A sale price is not split between land and house, so the land figure gives the land the council's share of each sale — the land value as a part of the capital value at the last revaluation.

$6,636per m² of floor, land included, sales in the last 12 months
$1,197per m² of land, estimated from house sales in the last 12 months
$6,842per m² of floor, council capital values
$1,248per m² of land, council land values of houses

Recent sales in Petone

How long owners stay in Petone

Homes in Petone change hands every 9.3 years on median, against 9.7 across Lower Hutt and 7.9 nationally.

9.3 yearsmedian time between sales, Petone
9.7 yearsLower Hutt
7.9 yearsNew Zealand
2.3%of homes sold in the last 12 months (Lower Hutt: 1.5%)

By kind: houses 8.5 years, units & townhouses 11.3 years, apartments 15.5 years.

Time between a home's sales, for homes that resold in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Who lives in Petone

About 7,740 people lived in Petone at the 2023 census (up 3% since 2018); their median age was about 41 (Lower Hutt: 39); 57% of households owned their home (Lower Hutt: 67%).

7,740people, 2023 (2018: 7,488)
41median age, about (Lower Hutt: 39)
$113kmedian household income, about (Lower Hutt: $113k)
57%of households own their home (2018: 57%)

Age

  • 30-64 years49%
  • 15-29 years19%
  • 65 years and over18%
  • Under 15 years13%

Households

  • One-family household (with or without other people)57%
  • One-person household34%
  • Other multi-person household9%
  • Two-family household (with or without other people)1%
  • Three or more family household (with or without other people)0%

Ethnicity

  • European70%
  • Asian17%
  • Māori17%
  • Pacific Peoples8%
  • Middle Eastern/Latin American/African2%
  • Other Ethnicity1%

Where people were born

  • New Zealand70%
  • Asia13%
  • United Kingdom and Ireland6%
  • Pacific Islands3%
  • Europe (excl United Kingdom and Ireland)2%
  • Middle East and Africa2%
  • Australia2%
  • North America1%

Household income

  • $100,001-$150,00019%
  • $200,001 or more18%
  • $150,001-$200,00015%
  • $70,001-$100,00013%
  • $30,001-$50,00012%
  • $20,001-$30,0009%
  • $50,001-$70,0008%
  • $20,000 or less6%

Dwellings

  • Separate house53%
  • Joined dwelling45%
  • Non-private dwelling1%
  • Other private dwelling0%

Highest qualification

  • Bachelor degree and Level 7 qualification20%
  • No qualification13%
  • Level 3 certificate11%
  • Post-graduate and honours degrees9%
  • Level 1 certificate9%
  • Level 2 certificate8%
  • Masters degree7%
  • Level 4 certificate6%

Stats NZ Census 2023 and 2018, summed over the census areas inside Petone. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.

Real estate agents selling in Petone

55 agents have been credited on a sale or a live listing in Petone in the last two years. Those with the most:

Offices in Petone

All 55 real estate agents in Petone, with their recent sales and which agencies sell the suburb.

Counted from sales records that name the agent, and from current listings. A count of activity, not a rating.

Building and resource consents in Petone

18building consents in the last 12 months ($2.04m of work)
  • 12 Bouverie Street1 Aug 2026 · Building consentCommercial - construct mezzanine, add kitchenette, internal fit out of shell
  • 7/61 Richmond Street1 Jul 2026 · Building consentOutbuilding at rear of property
  • 11 Oriental Street1 Jul 2026 · Building consentRbw - housing (detached dwg) - carport add
  • 13 Atiawa Street1 Jul 2026 · Building consentHousing (detached dwg) - alt laundry layout & install new toilet
  • 3 Adelaide Street1 Jul 2026 · Building consentSingle storey 4 bdrm domestic dwg with attached gge

Search building consents in Petone and see Stats NZ's count of new homes there.

Sales and valuations as at 18 September 2026, from council and LINZ records. Figures resting on fewer than 5 sales are not shown.

Streets in Petone

About property in Petone, Lower Hutt

Every property in Petone, Lower Hutt, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.

Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.

Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.

Header photo: Greater Wellington Regional Council, CC BY 4.0, via Wikimedia Commons (licence).