17 properties · Bunnythorpe, Palmerston North

Railway Road, Bunnythorpe

Railway Road in Bunnythorpe has 17 properties, valued by the council between $390,000 and $1,700,000 with a median of $472,500 (Bunnythorpe: $830,000). More of its homes were built in the 1950s than in any other decade. We estimate its homes at a median $473,500. The last sale we have was in July 2024, for $390,000.

$473kmedian council valuation
$474kour median estimate
1970median year built
Palmerston NorthBunnythorpe ×Railway Road ×

17 properties on Railway Road, Bunnythorpe

Highest and lowest on Railway Road

Highest-valued home489 Railway Road$1,700,000council valuation · 3 bed · 290 m² floor · 8.5 ha land
Lowest-valued home35 Railway Road$390,000council valuation · 3 bed · 100 m² floor · 1,486 m² land

Property values on Railway Road

The council values Railway Road's 16 rated properties between $390,000 and $1,700,000. The middle half sit between about $422,500 and $522,500; the median is $472,500 and the mean $588,438.

Lowest: $390k$390kLowest10%: $405k20%: $420k20%30%: $425k40%: $450k40%Median: $473k60%: $500k60%70%: $515k80%: $530k80%90%: $895kHighest: $1.7m$1.7mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$410k0—
313$465k0—
41$520k0—

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

Railway Road compared with Bunnythorpe

Railway Road's median council value is 43% below Bunnythorpe's.

Railway RoadBunnythorpePalmerston North
Median council value$473k$830k$610k
Median section1,240 m²7,972 m²678 m²
Median year built197019801970
Council value per m² of floor$5k$5k$4k

Recent sales on Railway Road

The homes on Railway Road

Railway Road has 13 houses and 4 units and townhouses. More were built in the 1950s than in any other decade (27%).

1900s: 1 (1 home)11900s1930s: 1 (1 home)1930s1950s: 4 (4 homes)41950s1970s: 3 (3 homes)1970s1980s: 4 (4 homes)1980s1990s: 2 (2 homes)21990s

Building and resource consents on Railway Road

1building consents in the last 5 years
1resource consents in the last 5 years
  • 422 Railway Road1 Jul 2022 · Building consentInstallation of replacement freestanding solid fuel heater
  • 422 Railway Road9 Jan 2024 · Resource consentEstablish Guardian Tree Services in rural zone

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