24 properties · Petone, Lower Hutt

King Street, Petone

King Street in Petone has 24 properties, valued by the council between $540,000 and $960,000 with a median of $600,000 (Petone: $790,000). Most of its homes were built in the 1990s. We estimate its homes at a median $580,000. 1 sold in the last twelve months. The highest sale in 2026 was 18 King Street, at $540,000.

$600kmedian council valuation
$580kour median estimate
1sold in the last 12 months
1990median year built
Lower HuttPetone ×King Street ×

24 properties on King Street, Petone

Highest and lowest on King Street

Highest-valued home5 King Street$960,000council valuation · 3 bed · 132 m² floor · 672 m² land
Lowest-valued home18 King Street$540,000council valuation · 2 bed · 64 m² floor
Highest sale in 202618 King Street$540,000sold 22 Jul 2026 · 2 bed · 64 m² floor

Property values on King Street

The council values King Street's 23 rated properties between $540,000 and $960,000. The middle half sit between about $580,000 and $729,000; the median is $600,000 and the mean $660,870.

Lowest: $540k$540kLowest10%: $580k20%: $580k20%30%: $580k40%: $580k40%Median: $600k60%: $656k60%70%: $698k80%: $760k80%90%: $808kHighest: $960k$960kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
214$580k1—
38$790k0—
41$710k0—

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

King Street compared with Petone

King Street's median council value is 24% below Petone's.

King StreetPetoneLower Hutt
Median council value$600k$790k$800k
Sold in the last 12 months4.2%2.3%1.5%
Time between sales5.5 yrs9.0 yrs9.7 yrs
Median section334 m²390 m²577 m²
Median year built199019201960
Council value per m² of floor$9k$7k$6k

King Street house prices over time

Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.

2016: $360k (3 sales)$360k20162017: $419k (2 sales)2018: $485k (3 sales)20182019: $623k (2 sales)2020: $590k (4 sales)20202021: too few sales to say (1 sale)2022: too few sales to say (1 sale)20222023: too few sales to say (1 sale)2024: $835k (3 sales)$835k20242025: $583k (2 sales)$583k2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$540,000$8,438
20252$582,500$8,559
20243$835,000$7,261
20231$668,000$10,438
20221$1,120,000$6,588
20211$1,050,000$10,096
20204$590,000$9,219
20192$622,500$8,617
20183$485,000$7,578
20172$419,000$6,547
20163$360,000$5,469

Recent sales on King Street

The homes on King Street

King Street has 13 apartments, 9 houses and 1 unit or townhouse. Most were built in the 1990s (61%).

1900s: 1 (1 home)11900s1910s: 3 (3 homes)1910s1920s: 2 (2 homes)1920s1930s: 2 (2 homes)1930s1980s: 1 (1 home)1980s1990s: 14 (14 homes)141990s

How long owners stay on King Street

Homes on King Street that resold in the last five years had been held a median 5.5 years (Petone: 9.0 years).

Time between a home's sales, for 8 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.

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