44 properties · Marewa, Napier

Alpers Terrace, Marewa

Alpers Terrace in Marewa has 44 properties, valued by the council between $380,000 and $1,260,000 with a median of $590,000 (Marewa: $540,000). More of its homes were built in the 1940s than in any other decade. We estimate its homes at a median $615,000. 2 sold in the last twelve months. The highest sale in 2026 was 12 Alpers Terrace, at $575,000.

$590kmedian council valuation
$615kour median estimate
2sold in the last 12 months
1960median year built
NapierMarewa ×Alpers Terrace ×

44 properties on Alpers Terrace, Marewa

Highest and lowest on Alpers Terrace

Highest-valued home24A Alpers Terrace$1,260,000council valuation · 5 bed · 306 m² floor · 429 m² land
Lowest-valued home8B Alpers Terrace$380,000council valuation · 2 bed · 82 m² floor
Highest sale in 202612 Alpers Terrace$575,000sold 12 May 2026 · 2 bed · 110 m² floor

Property values on Alpers Terrace

The council values Alpers Terrace's 33 rated properties between $380,000 and $1,260,000. The middle half sit between about $539,000 and $735,000; the median is $590,000 and the mean $646,970.

Lowest: $380k$380kLowest10%: $470k20%: $522k20%30%: $556k40%: $560k40%Median: $590k60%: $658k60%70%: $694k80%: $776k80%90%: $838kHighest: $1.26m$1.26mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
210$500k1—
319$620k1—
43$840k0—
5+1$1.26m0—

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

Alpers Terrace compared with Marewa

Alpers Terrace's median council value is 9% above Marewa's.

Alpers TerraceMarewaNapier
Median council value$590k$540k$700k
Sold in the last 12 months4.5%3.8%3.5%
Median section468 m²703 m²680 m²
Median year built196019501970
Council value per m² of floor$5k$5k$5k

Alpers Terrace 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: $320k (5 sales)$320k2017: $460k (3 sales)20172018: $429k (2 sales)2019: $494k (3 sales)20192020: $606k (2 sales)$606k2022: too few sales to say (1 sale)20222023: too few sales to say (1 sale)2024: too few sales to say (1 sale)20242025: $534k (2 sales)2026: $553k (2 sales, this year so far)$553k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$553,000$5,191
20252$534,000$6,160
20241$1,200,000$3,922
20231$780,000$3,900
20221$700,000$5,385
20202$605,750$4,911
20193$493,800$4,091
20182$429,000$3,875
20173$460,000$3,038
20165$320,150$3,188

Recent sales on Alpers Terrace

The homes on Alpers Terrace

Alpers Terrace has 26 houses and 18 units and townhouses. More were built in the 1940s than in any other decade (39%).

1940s: 13 (13 homes)131940s1950s: 3 (3 homes)1950s1960s: 3 (3 homes)1960s1970s: 6 (6 homes)1970s1980s: 3 (3 homes)1980s1990s: 2 (2 homes)1990s2000s: 3 (3 homes)32000s

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