38 properties · Cloverlea, Palmerston North

Peters Avenue, Cloverlea

Peters Avenue in Cloverlea has 38 properties, valued by the council between $490,000 and $660,000 with a median of $540,000 (Cloverlea: $550,000). Most of its homes were built in the 1960s. We estimate its homes at a median $530,000. 1 sold in the last twelve months.

$540kmedian council valuation
$530kour median estimate
1sold in the last 12 months
1960median year built
Palmerston NorthCloverlea ×Peters Avenue ×

38 properties on Peters Avenue, Cloverlea

Highest and lowest on Peters Avenue

Highest-valued home42 Peters Avenue$660,000council valuation · 3 bed · 102 m² floor · 758 m² land
Lowest-valued home31 Peters Avenue$490,000council valuation · 3 bed · 95 m² floor · 651 m² land
Highest sale, last 12 months38 Peters Avenue$540,000sold 7 Oct 2025 · 3 bed · 129 m² floor · 735 m² land

Property values on Peters Avenue

The council values Peters Avenue's 35 rated properties between $490,000 and $660,000. The middle half sit between about $515,000 and $568,000; the median is $540,000 and the mean $546,571.

Lowest: $490k$490kLowest10%: $510k20%: $510k20%30%: $520k40%: $530k40%Median: $540k60%: $540k60%70%: $556k80%: $580k80%90%: $610kHighest: $660k$660kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
22$543k0—
330$540k1—
43$610k0—

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

Peters Avenue compared with Cloverlea

Peters Avenue's median council value is about the same as Cloverlea's.

Peters AvenueCloverleaPalmerston North
Median council value$540k$550k$610k
Sold in the last 12 months2.6%3.7%4%
Time between sales4.5 yrs8.5 yrs7.8 yrs
Median section663 m²687 m²678 m²
Median year built196019701970
Council value per m² of floor$5k$5k$4k

Peters Avenue 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: $262k (2 sales)$262k2017: $287k (3 sales)20172018: $310k (5 sales)2019: $400k (5 sales)20192020: too few sales to say (1 sale)2021: too few sales to say (1 sale)20212022: $632k (4 sales)$632k2023: $515k (3 sales)20232024: $553k (2 sales)2025: $605k (3 sales, this year so far)$605k2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20253$605,000$5,216
20242$552,500$5,481
20233$515,000$5,376
20224$631,750$6,183
20211$615,000$4,767
20201$410,000$4,881
20195$399,999$4,082
20185$309,999$3,111
20173$287,000$3,086
20162$261,750$2,473

Recent sales on Peters Avenue

The homes on Peters Avenue

Peters Avenue has 36 houses and 2 units and townhouses. Most were built in the 1960s (97%).

1960s: 34 (34 homes)341960s1970s: 1 (1 home)11970s

How long owners stay on Peters Avenue

Homes on Peters Avenue that resold in the last five years had been held a median 4.5 years (Cloverlea: 8.5 years).

Time between a home's sales, for 9 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 Peters Avenue

14building consents in the last 5 years
  • 42 Peters Avenue1 Jun 2026 · Building consentRbw - staged 1 of 2 bc - off-site construction of sleepout that includes bdrm, dressing room & ensuite in two sections. Part 2 to include site info, hwc, foundation & roof cladding.
  • 10A Peters Avenue1 May 2026 · Building consentReframe existing wall oblique linea cladding new door & window units
  • 42 Peters Avenue1 May 2026 · Building consentRbw - to construct 4 single level modules to be transported to their permanent site on Waiheke Island. The modules will have kitchen, living, fireplace, 3 by bedrooms, 2 by bathrooms, study. Onsite wo
  • 42 Peters Avenue1 Apr 2026 · Building consentRbw - to construct 11 x single level modules to be transported to their permanent site on Waiheke Island. The modules include 4 bedrooms, 3 bathrooms, gym, study, rumpus room, laundry & mudroom.
  • 42 Peters Avenue1 Feb 2026 · Building consentRbw-to construct 4 x single level modules to be transported to their permanent site in Greytown. The modules include kitchen, living, bathrooms, laundry, bedrooms

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