17 properties · Hokowhitu, Palmerston North

Wallace Place, Hokowhitu

Wallace Place in Hokowhitu has 17 properties, valued by the council between $530,000 and $950,000 with a median of $700,000 (Hokowhitu: $720,000). Most of its homes were built in the 1970s. We estimate its homes at a median $673,000. 1 sold in the last twelve months. The highest sale in 2026 was 6 Wallace Place, at $922,500.

$700kmedian council valuation
$673kour median estimate
1sold in the last 12 months
1970median year built
Palmerston NorthHokowhitu ×Wallace Place ×

17 properties on Wallace Place, Hokowhitu

Highest and lowest on Wallace Place

Highest-valued home8 Wallace Place$950,000council valuation · 4 bed · 300 m² floor · 620 m² land
Lowest-valued home22 Wallace Place$530,000council valuation · 3 bed · 126 m² floor · 506 m² land
Highest sale in 20266 Wallace Place$922,500sold 10 Jun 2026 · 4 bed · 210 m² floor · 627 m² land

Property values on Wallace Place

The council values Wallace Place's 17 rated properties between $530,000 and $950,000. The middle half sit between about $670,000 and $752,000; the median is $700,000 and the mean $711,471.

Lowest: $530k$530kLowest10%: $598k20%: $670k20%30%: $670k40%: $684k40%Median: $700k60%: $724k60%70%: $746k80%: $758k80%90%: $826kHighest: $950k$950kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$550k0—
35$680k0—
411$700k1—

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

Wallace Place compared with Hokowhitu

Wallace Place's median council value is 3% below Hokowhitu's.

Wallace PlaceHokowhituPalmerston North
Median council value$700k$720k$610k
Sold in the last 12 months5.9%4.7%4%
Median section627 m²650 m²677 m²
Median year built197019601970
Council value per m² of floor$4k$5k$4k

Wallace Place 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: $345k (2 sales)$345k20162017: $385k (2 sales)20172018: too few sales to say (1 sale)20182019: $586k (2 sales)20192020: too few sales to say (1 sale)20202021: $813k (3 sales)$813k20212025: too few sales to say (1 sale)20252026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$922,500$4,393
20251$585,000$4,643
20213$812,555$4,508
20201$700,000$3,889
20192$585,500$3,765
20181$503,121$2,396
20172$385,000$2,545
20162$345,100$1,886

Recent sales on Wallace Place

The homes on Wallace Place

Wallace Place has 17 houses. Most were built in the 1970s (100%).

Building and resource consents on Wallace Place

1building consents in the last 5 years
  • 16 Wallace Place1 May 2025 · Building consentStage 1 - main bathrm renovation stage 2 - master bdrm & ensuite stage 3 - extension of house to rear

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