40 properties · Maitai, Nelson

Cleveland Terrace, Maitai

Cleveland Terrace in Maitai has 40 properties, valued by the council between $265,000 and $1,570,000 with a median of $740,000 (Maitai: $735,000). Most of its homes were built in the 1940s. We estimate its homes at a median $767,500. 1 sold in the last twelve months.

$740kmedian council valuation
$768kour median estimate
1sold in the last 12 months
1940median year built
NelsonMaitai ×Cleveland Terrace ×

40 properties on Cleveland Terrace, Maitai

Highest and lowest on Cleveland Terrace

Highest-valued home154A Cleveland Terrace$1,570,000council valuation · 4 bed · 230 m² floor · 25,766 m² land
Lowest-valued home101 Cleveland Terrace$265,000council valuation · 12,965 m² land
Highest sale, last 12 months116 Cleveland Terrace$749,000sold 18 Oct 2025 · 2 bed · 110 m² floor · 426 m² land

Property values on Cleveland Terrace

The council values Cleveland Terrace's 38 rated properties between $265,000 and $1,570,000. The middle half sit between about $646,750 and $822,500; the median is $740,000 and the mean $771,842.

Lowest: $265k$265kLowest10%: $541k20%: $642k20%30%: $652k40%: $721k40%Median: $740k60%: $761k60%70%: $789k80%: $856k80%90%: $1.11mHighest: $1.57m$1.57mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
25$740k1—
320$713k0—
412$810k0—

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

Cleveland Terrace compared with Maitai

Cleveland Terrace's median council value is about the same as Maitai's.

Cleveland TerraceMaitaiNelson
Median council value$740k$735k$710k
Sold in the last 12 months2.5%3.1%3.6%
Median section759 m²835 m²693 m²
Median year built194019501970
Council value per m² of floor$5k$6k$5k

Cleveland Terrace 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: $451k (2 sales)$451k20162018: too few sales to say (1 sale)20182019: $685k (3 sales)20192020: too few sales to say (1 sale)20202022: $1.12m (2 sales)$1.12m20222023: too few sales to say (1 sale)20232024: too few sales to say (1 sale)20242025: $749k (3 sales, this year so far)$749k2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20253$749,000$4,706
20241$740,000$6,727
20231$735,000$4,324
20222$1,121,625$8,316
20201$800,000$5,031
20193$685,250$4,357
20181$550,000$3,667
20162$451,000$3,169

Recent sales on Cleveland Terrace

The homes on Cleveland Terrace

Cleveland Terrace has 39 houses and 1 section. Most were built in the 1940s (51%).

1930s: 3 (3 homes)31930s1940s: 19 (19 homes)191940s1950s: 4 (4 homes)1950s1960s: 1 (1 home)1960s1970s: 2 (2 homes)1970s1990s: 5 (5 homes)1990s2010s: 3 (3 homes)32010s

Cleveland Terrace in other suburbs

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