Estimate $1.53m – $2.04m
5
10 Melrose Terrace, Nelson South
10 properties · Nelson South, Nelson
Melrose Terrace, Nelson South
Melrose Terrace in Nelson South has 10 properties, valued by the council between $880,000 and $1,900,000 with a median of $1,295,000 (Nelson South: $610,000). Most of its homes were built in the 1960s. We estimate its homes at a median $1,250,000. 1 sold in the last twelve months. The highest sale in 2026 was 14 Melrose Terrace, at $1,180,000.
$1.29mmedian council valuation
$1.25mour median estimate
1sold in the last 12 months
1960median year built
10 properties on Melrose Terrace, Nelson South
Estimate $1.19m – $1.58m
4
6 Melrose Terrace, Nelson South
Estimate $1.11m – $1.48m
5
16 Melrose Terrace, Nelson South
Finding a picture…
Estimate $1.17m – $1.48m
4
2 Melrose Terrace, Nelson South
Estimate $1.15m – $1.46m
4
8 Melrose Terrace, Nelson South
Estimate $1.03m – $1.37m
4
4 Melrose Terrace, Nelson South
Estimate $1.05m – $1.33m
4
14 Melrose Terrace, Nelson South
Estimate $807k – $1.07m
3
18 Melrose Terrace, Nelson South
Estimate $770k – $1.02m
12 Melrose Terrace, Nelson South
Estimate $735k – $978k
20 Melrose Terrace, Nelson South
Highest and lowest on Melrose Terrace
Highest-valued home10 Melrose Terrace$1,900,000council valuation · 5 bed · 300 m² floor · 759 m² land
Highest sale in 202614 Melrose Terrace$1,180,000sold 30 Jan 2026 · 4 bed · 181 m² floor · 927 m² land
Property values on Melrose Terrace
The council values Melrose Terrace's 10 rated properties between $880,000 and $1,900,000. The middle half sit between about $1,077,500 and $1,354,500; the median is $1,295,000 and the mean $1,267,000.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 1 | $1.01m | 0 | — |
| 4 | 5 | $1.33m | 1 | — |
| 5+ | 2 | $1.63m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Melrose Terrace compared with Nelson South
Melrose Terrace's median council value is 112% above Nelson South's.
| Melrose Terrace | Nelson South | Nelson | |
|---|---|---|---|
| Median council value | $1.29m | $610k | $710k |
| Sold in the last 12 months | 10% | 2.9% | 3.6% |
| Median section | 806 m² | 647 m² | 693 m² |
| Median year built | 1960 | 1950 | 1970 |
| Council value per m² of floor | $7k | $5k | $5k |
Recent sales on Melrose Terrace
- 14 Melrose Terrace$1,180,00030 Jan 2026 · 4 bed · 181 m² floor · 927 m² land
- 14 Melrose Terrace$1,275,00011 Mar 2021 · 4 bed · 181 m² floor · 927 m² land
- 2 Melrose Terrace$780,00023 Sept 2015 · 4 bed · 200 m² floor · 769 m² land
- 8 Melrose Terrace$745,00028 Jan 2015 · 4 bed · 220 m² floor · 759 m² land
- 14 Melrose Terrace$725,0008 May 2012 · 4 bed · 181 m² floor · 927 m² land
- 8 Melrose Terrace$520,0004 Dec 2006 · 4 bed · 220 m² floor · 759 m² land
- 16 Melrose Terrace$670,0003 Oct 2006 · 5 bed · 250 m² floor · 1,132 m² land
- 4 Melrose Terrace$360,00029 Jan 2002 · 4 bed · 178 m² floor · 776 m² land
- 2 Melrose Terrace$264,00011 Dec 2000 · 4 bed · 200 m² floor · 769 m² land
- 14 Melrose Terrace$366,00029 Mar 2000 · 4 bed · 181 m² floor · 927 m² land
- 8 Melrose Terrace$265,0001 Dec 1999 · 4 bed · 220 m² floor · 759 m² land
- 2 Melrose Terrace$248,00028 Oct 1999 · 4 bed · 200 m² floor · 769 m² land
- 2 Melrose Terrace$260,00022 Jan 1999 · 4 bed · 200 m² floor · 769 m² land
- 16 Melrose Terrace$285,00030 Jul 1998 · 5 bed · 250 m² floor · 1,132 m² land
- 6 Melrose Terrace$500,00027 Jan 1997 · 4 bed · 248 m² floor · 1,063 m² land
- 16 Melrose Terrace$290,0001 Jun 1995 · 5 bed · 250 m² floor · 1,132 m² land
- 8 Melrose Terrace$235,00028 Feb 1994 · 4 bed · 220 m² floor · 759 m² land
- 2 Melrose Terrace$214,0009 Feb 1994 · 4 bed · 200 m² floor · 769 m² land
- 16 Melrose Terrace$275,0004 Sept 1993 · 5 bed · 250 m² floor · 1,132 m² land
- 2 Melrose Terrace$190,00030 Nov 1992 · 4 bed · 200 m² floor · 769 m² land
The homes on Melrose Terrace
Melrose Terrace has 10 houses. Most were built in the 1960s (50%).
Building and resource consents on Melrose Terrace
1building consents in the last 5 years
- 14 Melrose Terrace1 Jun 2024 · Building consentInstall Metro Ambie one fire
More streets in Nelson South
- Waimea Road226
- Vanguard Street201
- Kawai Street South122
- Tipahi Street122
- Mount Street88
- Brunner Street82
- Campbell Street65
- Brougham Street63
- Konini Street63
- Tukuka Street62
- Kawai Street56
- Rutherford Street55
Every street in Nelson South, and the suburb's house prices and sales.
Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.