Peara Lane in Karaka has 20 properties, valued by the council between $630,000 and $930,000 with a median of $810,000 (Karaka: $1,140,000). Most of its homes were built in the 2020s. We estimate its homes at a median $744,000. The last sale we have was in September 2024, for $828,000.
Highest-valued home19 Peara Lane$930,000council valuation · 134 m² floor · 274 m² land
Lowest-valued home11 Peara Lane$630,000council valuation · 67 m² floor · 178 m² land
Property values on Peara Lane
The council values Peara Lane's 20 rated properties between $630,000 and $930,000. The middle half sit between about $795,000 and $820,000; the median is $810,000 and the mean $800,500.
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Peara Lane compared with Karaka
Peara Lane's median council value is 29% below Karaka's.
Median sale price by year; 2024 is the year so far. A year with fewer than two sales has no bar.
Sales by year as a table
Year
Sales
Median price
Per m² floor
2024
7
$829,000
$6,179
2023
4
$820,000
$6,023
2022
7
$855,000
$6,082
2021
9
$289,719
$2,012
2019
1
$206,630
$1,508
Recent sales on Peara Lane
5 Peara Lane$828,00028 Sept 2024 · 134 m² floor · 178 m² land
15 Peara Lane$835,00030 Aug 2024 · 137 m² floor · 178 m² land
7 Peara Lane$820,0009 Aug 2024 · 140 m² floor · 178 m² land
19 Peara Lane$885,00019 Jun 2024 · 134 m² floor · 274 m² land
9 Peara Lane$829,0008 Jun 2024 · 67 m² floor · 178 m² land
1 Peara Lane$855,00023 Apr 2024 · 134 m² floor · 218 m² land
3 Peara Lane$822,00022 Apr 2024 · 134 m² floor · 178 m² land
14 Peara Lane$820,00029 Jul 2023 · 144 m² floor · 150 m² land
4 Peara Lane$800,00015 Jul 2023 · 134 m² floor · 150 m² land
17 Peara Lane$820,0005 May 2023 · 134 m² floor · 178 m² land
18 Peara Lane$875,00014 Apr 2023 · 144 m² floor · 162 m² land
16 Peara Lane$880,00029 Sept 2022 · 144 m² floor · 174 m² land
20 Peara Lane$960,00013 Sept 2022 · 134 m² floor · 243 m² land
12 Peara Lane$855,0001 May 2022 · 144 m² floor · 150 m² land
6 Peara Lane$815,00022 Apr 2022 · 134 m² floor · 174 m² land
8 Peara Lane$800,00022 Apr 2022 · 134 m² floor · 150 m² land
10 Peara Lane$855,00021 Apr 2022 · 144 m² floor · 174 m² land
2 Peara Lane$945,00030 Mar 2022 · 144 m² floor · 174 m² land
10 Peara Lane$289,71917 Jul 2021 · 144 m² floor · 174 m² land
14 Peara Lane$249,75817 Jul 2021 · 144 m² floor · 150 m² land
The homes on Peara Lane
Peara Lane has 20 houses. Most were built in the 2020s (100%).
How long owners stay on Peara Lane
Homes on Peara Lane that resold in the last five years had been held a median 1.2 years (Karaka: 4.3 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 Peara Lane
1resource consents in the last 5 years
17 Peara Lane26 May 2023 · Resource consentThe consent holder seeks to vary the conditions of subdivision consent SUB60369087 (BUN60369085) to allow the creation of three superlots prior to completion of the consented Lots 1 to 12 residential