226 properties · Nelson South, Nelson

Waimea Road, Nelson South

Waimea Road in Nelson South has 226 properties, valued by the council between $240,000 and $3,600,000 with a median of $545,000 (Nelson South: $610,000). More of its homes were built in the 1940s than in any other decade. We estimate its homes at a median $539,500. 10 sold in the last twelve months, for a median $620,000. The highest sale in 2026 was 45 Waimea Road, at $815,000.

$545kmedian council valuation
$540kour median estimate
$620kmedian sale, last 12 months · 10 sales
1950median year built
NelsonNelson South ×Waimea Road ×

226 properties on Waimea Road, Nelson South

Highest and lowest on Waimea Road

Highest-valued home179 Waimea Road$3,600,000council valuation · 1 bed · 840 m² floor · 5,438 m² land
Lowest-valued home132 Waimea Road$240,000council valuation · 110 m² floor · 204 m² land
Highest sale in 202645 Waimea Road$815,000sold 5 Jul 2026 · 4 bed · 200 m² floor

Property values on Waimea Road

The council values Waimea Road's 182 rated properties between $240,000 and $3,600,000. The middle half sit between about $425,750 and $625,000; the median is $545,000 and the mean $563,407.

Lowest: $240k$240kLowest10%: $341k20%: $405k20%30%: $447k40%: $495k40%Median: $545k60%: $580k60%70%: $600k80%: $650k80%90%: $720kHighest: $3.6m$3.6mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
15$660k0—
262$443k4$598k
378$590k4$656k
414$690k1—
5+2$730k0—

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

Waimea Road compared with Nelson South

Waimea Road's median council value is 11% below Nelson South's.

Waimea RoadNelson SouthNelson
Median council value$545k$610k$710k
Median sale, last 12 months$620k$650k$710k
Sold in the last 12 months4.4%2.9%3.6%
Time between sales10.4 yrs9.2 yrs8.8 yrs
Median section607 m²647 m²693 m²
Median year built195019501970
Council value per m² of floor$6k$5k$5k

Waimea Road 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: $378k (15 sales)$378k20162017: $300k (9 sales)2018: $445k (7 sales)20182019: $483k (12 sales)2020: $485k (13 sales)20202021: $692k (7 sales)$692k2022: $650k (7 sales)20222023: $613k (6 sales)2024: $565k (10 sales)20242025: $616k (13 sales)2026: $650k (5 sales, this year so far)$650k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20265$650,000$5,588
202513$616,000$5,842
202410$565,000$4,788
20236$612,850$5,082
20227$650,000$5,973
20217$692,000$5,833
202013$485,000$4,873
201912$482,500$4,495
20187$445,000$3,811
20179$300,000$4,167
201615$378,000$3,164

Recent sales on Waimea Road

The homes on Waimea Road

Waimea Road has 168 houses, 31 units and townhouses, 21 apartments and 1 section. More were built in the 1940s than in any other decade (17%).

1870s: 1 (1 home)11870s1890s: 1 (1 home)1900s: 4 (4 homes)1900s1910s: 4 (4 homes)1920s: 6 (6 homes)1920s1930s: 24 (24 homes)1940s: 30 (30 homes)301940s1950s: 23 (23 homes)1960s: 11 (11 homes)1960s1970s: 23 (23 homes)1980s: 15 (15 homes)1980s1990s: 15 (15 homes)2000s: 2 (2 homes)2000s2010s: 4 (4 homes)2020s: 18 (18 homes)182020s

How long owners stay on Waimea Road

Homes on Waimea Road that resold in the last five years had been held a median 10.4 years (Nelson South: 9.2 years).

Time between a home's sales, for 40 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.

Building and resource consents on Waimea Road

2building consents in the last 5 years
3resource consents in the last 5 years
  • 154A Waimea Road1 Feb 2026 · Building consentConcrete block retaining wall
  • 66 Waimea Road1 Dec 2025 · Building consentExtend house to create new bdrm/bathrm. Detached dwgs
  • 125 Waimea Road17 Apr 2023 · Resource consentTo undertake an overheight three storey comprehensive housing development for 29 residential units and common areas that will require consent for over height excavations, exceedance in the number of u
  • 125 Waimea Road17 Apr 2023 · Resource consentTo disturb the soil, remove a fuel tank and undertake a residential subdivision on a HAIL site.
  • 125 Waimea Road17 Apr 2023 · Resource consentUnit Title Subdivision of Lots 3-4 DP 4124 to create 29 residential units, a shared room and communal areas.

More streets in Nelson South

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.