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 ×

53 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.