60 properties · Cloverlea, Palmerston North

Meadowbrook Drive, Cloverlea

Meadowbrook Drive in Cloverlea has 60 properties, valued by the council between $460,000 and $680,000 with a median of $590,000 (Cloverlea: $550,000). Most of its homes were built in the 1970s. We estimate its homes at a median $581,000. 1 sold in the last twelve months. The highest sale in 2026 was 36 Meadowbrook Drive, at $630,000.

$590kmedian council valuation
$581kour median estimate
1sold in the last 12 months
1970median year built
Palmerston NorthCloverlea ×Meadowbrook Drive ×

60 properties on Meadowbrook Drive, Cloverlea

Highest and lowest on Meadowbrook Drive

Highest-valued home33 Meadowbrook Drive$680,000council valuation · 4 bed · 229 m² floor · 650 m² land
Lowest-valued home22 Meadowbrook Drive$460,000council valuation · 3 bed · 83 m² floor
Highest sale in 202636 Meadowbrook Drive$630,000sold 26 Jan 2026 · 6 bed · 190 m² floor · 653 m² land

Property values on Meadowbrook Drive

The council values Meadowbrook Drive's 43 rated properties between $460,000 and $680,000. The middle half sit between about $552,000 and $620,000; the median is $590,000 and the mean $583,605.

Lowest: $460k$460kLowest10%: $500k20%: $544k20%30%: $560k40%: $588k40%Median: $590k60%: $600k60%70%: $610k80%: $630k80%90%: $650kHighest: $680k$680kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
23$475k0—
332$590k0—
47$640k0—
5+1$630k1—

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

Meadowbrook Drive compared with Cloverlea

Meadowbrook Drive's median council value is 7% above Cloverlea's.

Meadowbrook DriveCloverleaPalmerston North
Median council value$590k$550k$610k
Sold in the last 12 months1.7%3.8%4%
Time between sales13.7 yrs8.5 yrs7.8 yrs
Median section684 m²687 m²677 m²
Median year built197019701970
Council value per m² of floor$4k$5k$4k

Meadowbrook Drive 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: $288k (5 sales)$288k2017: $320k (4 sales)20172018: $375k (3 sales)2019: $440k (3 sales)20192020: $450k (3 sales)2021: $663k (2 sales)$663k20212023: too few sales to say (1 sale)2024: $582k (3 sales)20242025: $596k (2 sales)$596k2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$630,000$3,316
20252$596,000$3,890
20243$582,000$4,000
20231$600,000$3,158
20212$662,500$5,017
20203$450,000$4,438
20193$440,000$3,534
20183$375,000$3,024
20174$319,500$2,391
20165$287,500$2,590

Recent sales on Meadowbrook Drive

The homes on Meadowbrook Drive

Meadowbrook Drive has 39 houses and 20 units and townhouses. Most were built in the 1970s (77%).

1970s: 33 (33 homes)331970s1980s: 10 (10 homes)101980s

How long owners stay on Meadowbrook Drive

Homes on Meadowbrook Drive that resold in the last five years had been held a median 13.7 years (Cloverlea: 8.5 years).

Time between a home's sales, for 8 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 Meadowbrook Drive

1building consents in the last 5 years
  • 10 Meadowbrook Drive1 May 2026 · Building consentThe removal of shub & vanity, flooring to accommodate level entry shower

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