53 properties · South Hill, Oamaru

Mersey Street, South Hill

Mersey Street in South Hill has 53 properties, valued by the council between $240,000 and $770,000 with a median of $410,000 (South Hill: $445,000). More of its homes were built in the 1920s than in any other decade. We estimate its homes at a median $443,500. 1 sold in the last twelve months.

$410kmedian council valuation
$444kour median estimate
1sold in the last 12 months
1940median year built
OamaruSouth Hill ×Mersey Street ×

54 properties on Mersey Street, South Hill

Highest and lowest on Mersey Street

Highest-valued home11 Mersey Street$770,000council valuation · 3 bed · 240 m² floor · 1,012 m² land
Lowest-valued home7 Mersey Street$240,000council valuation · 2 bed · 50 m² floor · 506 m² land
Highest sale, last 12 months20A Mersey Street$537,000sold 4 Oct 2025 · 4 bed · 150 m² floor · 556 m² land

Property values on Mersey Street

The council values Mersey Street's 48 rated properties between $240,000 and $770,000. The middle half sit between about $340,250 and $508,500; the median is $410,000 and the mean $433,021.

Lowest: $240k$240kLowest10%: $270k20%: $320k20%30%: $361k40%: $387k40%Median: $410k60%: $423k60%70%: $465k80%: $552k80%90%: $628kHighest: $770k$770kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
210$315k0—
335$420k0—
43$450k1—

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

Mersey Street compared with South Hill

Mersey Street's median council value is 8% below South Hill's.

Mersey StreetSouth HillOamaru
Median council value$410k$445k$440k
Sold in the last 12 months1.9%3.8%3.9%
Time between sales5.9 yrs6.9 yrs7.4 yrs
Median section809 m²759 m²864 m²
Median year built194019501960
Council value per m² of floor$4k$3k$3k

Mersey Street 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: $242k (5 sales)$242k2017: $272k (7 sales)20172018: $274k (5 sales)2019: $313k (4 sales)20192020: $340k (6 sales)2021: $400k (7 sales)20212022: $537k (4 sales)2023: $365k (2 sales)20232024: $425k (6 sales)2025: $590k (6 sales, this year so far)$590k2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20256$590,000$4,080
20246$424,500$4,268
20232$365,000$4,753
20224$536,750$4,374
20217$400,000$4,400
20206$339,500$3,260
20194$312,570$2,573
20185$274,000$2,846
20177$272,000$2,567
20165$241,500$2,200

Recent sales on Mersey Street

The homes on Mersey Street

Mersey Street has 43 houses, 4 units and townhouses and 4 apartments. More were built in the 1920s than in any other decade (21%).

1890s: 3 (3 homes)31890s1900s: 1 (1 home)1910s: 3 (3 homes)1910s1920s: 10 (10 homes)101930s: 4 (4 homes)1930s1940s: 5 (5 homes)1950s: 5 (5 homes)1950s1960s: 2 (2 homes)1970s: 6 (6 homes)1970s1980s: 2 (2 homes)1990s: 1 (1 home)1990s2000s: 2 (2 homes)2010s: 4 (4 homes)42010s

How long owners stay on Mersey Street

Homes on Mersey Street that resold in the last five years had been held a median 5.9 years (South Hill: 6.9 years).

Time between a home's sales, for 20 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 Mersey Street

5building consents in the last 5 years
  • 32 Mersey Street1 Jul 2024 · Building consentRelocatable 3 x bdrm dwg (bearers up consent)
  • 30 Mersey Street1 Jul 2024 · Building consentDrainage services & permanent surface to row
  • 40 Mersey Street1 Nov 2022 · Building consentInstallation of shower & toilet into existing laundry
  • 9 Mersey Street1 May 2022 · Building consentInstallation of a free-standing metro wee rad-leg woodburner & eco
  • 36 Mersey Street1 Apr 2022 · Building consentInstallation of a free-standing firenzo contessa woodburner

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

About property on Mersey Street, South Hill

Every property in Mersey Street, South Hill, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.

Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.

Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.

Header photo: Jamie Wang, CC BY-SA 2.0, via Wikimedia Commons (licence).