12 properties · Awapuni, Palmerston North

Racecourse Road, Awapuni

Racecourse Road in Awapuni has 12 properties, valued by the council between $450,000 and $980,000 with a median of $650,000 (Awapuni: $590,000). More of its homes were built in the 1970s than in any other decade. We estimate its homes at a median $637,000. The last sale we have was in July 2025, for $615,000.

$650kmedian council valuation
$637kour median estimate
1980median year built

Highest and lowest on Racecourse Road

Highest-valued home55 Racecourse Road$980,000council valuation · 4 bed · 282 m² floor · 600 m² land
Lowest-valued home3-5 Racecourse Road$450,000council valuation · 3 bed · 100 m² floor

Property values on Racecourse Road

The council values Racecourse Road's 11 rated properties between $450,000 and $980,000. The middle half sit between about $620,000 and $900,000; the median is $650,000 and the mean $733,636.

Lowest: $450k$450kLowest10%: $540k20%: $620k20%30%: $620k40%: $650k40%Median: $650k60%: $810k60%70%: $870k80%: $930k80%90%: $950kHighest: $980k$980kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
34$580k0—
47$870k0—

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

Racecourse Road compared with Awapuni

Racecourse Road's median council value is 10% above Awapuni's.

Racecourse RoadAwapuniPalmerston North
Median council value$650k$590k$610k
Median section670 m²683 m²678 m²
Median year built198019601970
Council value per m² of floor$4k$4k$4k

Recent sales on Racecourse Road

The homes on Racecourse Road

Racecourse Road has 11 houses and 1 unit or townhouse. More were built in the 1970s than in any other decade (27%).

1970s: 3 (3 homes)31970s1980s: 3 (3 homes)1980s1990s: 1 (1 home)1990s2000s: 3 (3 homes)2000s2010s: 1 (1 home)12010s

Building and resource consents on Racecourse Road

2resource consents in the last 5 years
  • 67 Racecourse Road27 Mar 2024 · Resource consentAbstract 1,000 m³/Day of Groundwater from Bore 335361 for Racing Track Irrigation, Maintenace and Preparation purposes at Racecourse Road, Awapuni, Palmerston North
  • 67 Racecourse Road2 Nov 2023 · Resource consentUndertake 6,000 m³ of Land Disturbance, Recontouring, Cut, Fill and Compact 4.5 hectares of Land for Drainage Improvement at Awapuni Racing Centre, Racecourse Road, Palmerston North

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