11 properties · Marybank, Nelson

Penzance Street, Marybank

Penzance Street in Marybank has 11 properties, valued by the council between $455,000 and $850,000 with a median of $755,000 (Marybank: $860,000). Most of its homes were built in the 1970s. We estimate its homes at a median $794,000. The last sale we have was in August 2020, for $505,000.

$755kmedian council valuation
$794kour median estimate
1970median year built

Highest and lowest on Penzance Street

Highest-valued home10 Penzance Street$850,000council valuation · 5 bed · 240 m² floor · 637 m² land
Lowest-valued home7A Penzance Street$455,000council valuation · 2 bed · 90 m² floor

Property values on Penzance Street

The council values Penzance Street's 10 rated properties between $455,000 and $850,000. The middle half sit between about $549,500 and $816,500; the median is $755,000 and the mean $684,000.

Lowest: $455k$455kLowest10%: $455k20%: $539k20%30%: $560k40%: $644k40%Median: $755k60%: $810k60%70%: $813k80%: $820k80%90%: $823kHighest: $850k$850kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
22$455k0—
34$630k0—
43$810k0—
5+1$850k0—

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

Penzance Street compared with Marybank

Penzance Street's median council value is 12% below Marybank's.

Penzance StreetMarybankNelson
Median council value$755k$860k$700k
Median section727 m²835 m²695 m²
Median year built197019701970
Council value per m² of floor$4k$5k$5k

Recent sales on Penzance Street

The homes on Penzance Street

Penzance Street has 10 houses. Most were built in the 1970s (60%).

1970s: 6 (6 homes)61970s1980s: 4 (4 homes)41980s

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