10 properties · Hokowhitu, Palmerston North

Tern Place, Hokowhitu

Tern Place in Hokowhitu has 10 properties, valued by the council between $580,000 and $780,000 with a median of $625,000 (Hokowhitu: $720,000). Most of its homes were built in the 1950s. We estimate its homes at a median $614,500. 1 sold in the last twelve months. The highest sale in 2026 was 8 Tern Place, at $611,500.

$625kmedian council valuation
$615kour median estimate
1sold in the last 12 months
1950median year built
Palmerston NorthHokowhitu ×Tern Place ×

10 properties on Tern Place, Hokowhitu

Highest and lowest on Tern Place

Highest-valued home7 Tern Place$780,000council valuation · 5 bed · 202 m² floor · 1,030 m² land
Lowest-valued home4 Tern Place$580,000council valuation · 4 bed · 120 m² floor · 639 m² land
Highest sale in 20268 Tern Place$611,500sold 31 Jul 2026 · 3 bed · 116 m² floor · 792 m² land

Property values on Tern Place

The council values Tern Place's 10 rated properties between $580,000 and $780,000. The middle half sit between about $602,500 and $661,500; the median is $625,000 and the mean $641,000.

Lowest: $580k$580kLowest10%: $589k20%: $598k20%30%: $607k40%: $616k40%Median: $625k60%: $634k60%70%: $649k80%: $674k80%90%: $699kHighest: $780k$780kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
35$610k1—
44$635k0—
5+1$780k0—

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

Tern Place compared with Hokowhitu

Tern Place's median council value is 13% below Hokowhitu's.

Tern PlaceHokowhituPalmerston North
Median council value$625k$720k$610k
Sold in the last 12 months10%4.8%4%
Median section716 m²653 m²678 m²
Median year built195019601970
Council value per m² of floor$4k$5k$4k

Recent sales on Tern Place

  • 8 Tern Place$611,50031 Jul 2026 · 3 bed · 116 m² floor · 792 m² land
  • 1 Tern Place$670,00029 Mar 2025 · 3 bed · 177 m² floor · 414 m² land
  • 1 Tern Place$702,50017 May 2024 · 3 bed · 177 m² floor · 414 m² land
  • 2 Tern Place$730,0001 Nov 2021 · 3 bed · 121 m² floor · 785 m² land
  • 3 Tern Place$830,00020 Jul 2021 · 4 bed · 195 m² floor · 655 m² land
  • 6 Tern Place$465,00015 Dec 2019 · 4 bed · 184 m² floor · 714 m² land
  • 10 Tern Place$450,0002 Oct 2018 · 3 bed · 100 m² floor · 689 m² land
  • 8 Tern Place$435,0003 May 2018 · 3 bed · 116 m² floor · 792 m² land
  • 2 Tern Place$311,00025 Aug 2015 · 3 bed · 121 m² floor · 785 m² land
  • 1 Tern Place$306,45021 Jun 2015 · 3 bed · 177 m² floor · 414 m² land
  • 10 Tern Place$309,50013 Feb 2013 · 3 bed · 100 m² floor · 689 m² land
  • 9 Tern Place$255,00011 Mar 2011 · 4 bed · 143 m² floor · 723 m² land
  • 2 Tern Place$250,00018 Dec 2009 · 3 bed · 121 m² floor · 785 m² land
  • 3 Tern Place$330,00019 May 2009 · 4 bed · 195 m² floor · 655 m² land
  • 9 Tern Place$302,50030 May 2007 · 4 bed · 143 m² floor · 723 m² land
  • 3 Tern Place$305,00020 Jan 2006 · 4 bed · 195 m² floor · 655 m² land
  • 1 Tern Place$220,0001 Sept 2004 · 3 bed · 177 m² floor · 414 m² land
  • 4 Tern Place$185,00012 May 2004 · 4 bed · 120 m² floor · 639 m² land
  • 3 Tern Place$230,0002 Feb 2004 · 4 bed · 195 m² floor · 655 m² land
  • 2 Tern Place$155,0002 May 2003 · 3 bed · 121 m² floor · 785 m² land

The homes on Tern Place

Tern Place has 10 houses. Most were built in the 1950s (90%).

1950s: 9 (9 homes)91950s1980s: 1 (1 home)11980s

Building and resource consents on Tern Place

3building consents in the last 5 years
  • 4 Tern Place1 May 2026 · Building consentRbw - 4x new two storey dwgs. Lots 1 & 2 each with four bedrooms, 2.5 bathrooms & attached single gge; lots 3 & 4 each with three bedrooms, 2.5 bathrooms, & attached single gge. New
  • 8 Tern Place1 Dec 2025 · Building consentConstruction of detached dwg - single storey with 3
  • 4 Tern Place1 Aug 2024 · Building consentInstallation of new Versatile kitset gge.

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