Enquiries Over $435,000
Oyster Bay Escape
1476 Port Underwood Road, Port Underwood
Harcourts Marlborough
226 properties · Picton
Port Underwood house prices and sales
Port Underwood's median sale price over the last twelve months was $550k, across 6 sales.
$550kmedian sale, last 12 months · 6 sales
$575kmedian council valuation
3for sale now
226 properties in Port Underwood
Negotiation
3 2 14
A Place to Breathe, A Place to Belong
1786 Port Underwood Road, Port Underwood
Harcourts Marlborough
Deadline Sale
2 1 5
Deadline sale Wed, 28 Oct
Your Kiwi Bach Escape Awaits
6 Hakahaka Road, Port Underwood
Harcourts Marlborough
Estimate $1.88m – $2.64m
2
, Port Underwood
Estimate $1.52m – $2.35m
5
1592 Tumbledown Bay Road, Port Underwood
Estimate $1.48m – $2.28m
5
1568 Tumbledown Bay Road, Port Underwood
Estimate $1.42m – $2.11m
4
70 Tumbledown Bay Road, Port Underwood
Estimate $1.42m – $2.11m
5
1474 Port Underwood Road, Port Underwood
Estimate $1.21m – $1.88m
4
2417 Port Underwood Road, Port Underwood
Estimate $1.06m – $1.64m
4
2088 Port Underwood Road, Port Underwood
Estimate $1.04m – $1.61m
5
2454 Port Underwood Road, Port Underwood
Estimate $1.03m – $1.59m
3
, Port Underwood
Estimate $1.00m – $1.55m
3
1664 Tumbledown Bay Road, Port Underwood
Estimate $998k – $1.48m
4
13 Hakahaka Road, Port Underwood
Estimate $1.05m – $1.48m
4
1653 Port Underwood Road, Port Underwood
Estimate $952k – $1.47m
4
2395 Port Underwood Road, Port Underwood
Estimate $921k – $1.43m
3
1365 Tumbledown Bay Road, Port Underwood
Estimate $943k – $1.46m
3
, Port Underwood
Estimate $995k – $1.40m
4
, Port Underwood
Estimate $935k – $1.39m
4
11 Te Tio Terrace, Port Underwood
Estimate $900k – $1.33m
4
49 Te Tio Terrace, Port Underwood
Estimate $862k – $1.33m
3
1508 Tumbledown Bay Road, Port Underwood
Estimate $1.07m – $1.47m
5
1452 Port Underwood Road, Port Underwood
Estimate $829k – $1.28m
4
2166 Port Underwood Road, Port Underwood
About Port Underwood
Homes sold for a median $6,518 per square metre of floor over the last twelve months. About 2.7% of its homes sold in the last twelve months.
Schools zoned for Port Underwood
- Waikawa Bay Schoolprimary · Years 1-6
- Tua Marina Schoolprimary · Years 1-8
- Queen Charlotte Collegesecondary · Years 7-15
Port Underwood house prices over time
Median sale price by year, all homes; 2026 is the year so far. Port Underwood's median sale price over the last twelve months was $550k, across 6 sales. Across Picton it was $680k.
Sales by year as a table
| Year | Sales | Median price | Per m² floor | Per m² land (est.) | Picton median |
|---|---|---|---|---|---|
| 2026 | 5 | $550,000 | $6,518 | $66 | $675,000 |
| 2025 | 3 | — | — | — | $670,000 |
| 2024 | 4 | — | — | — | $650,000 |
| 2023 | 3 | — | — | — | $693,750 |
| 2022 | 1 | — | — | — | $715,000 |
| 2021 | 7 | $440,000 | $6,000 | $60 | $620,000 |
| 2020 | 9 | $310,000 | $13,833 | $2 | $526,000 |
| 2019 | 4 | — | — | — | $480,000 |
| 2018 | 12 | $307,500 | $3,365 | $31 | $425,000 |
| 2017 | 6 | $222,500 | $2,115 | $13 | $385,000 |
| 2016 | 8 | $259,500 | $3,503 | $45 | $369,000 |
Estimated value, month by month
Our model's median estimate for homes in Port Underwood, level over the last twelve months. An automated estimate, not a registered valuation.
Prices by bedrooms in Port Underwood
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale | Per m² floor |
|---|---|---|---|---|---|
| 1 | 5 | $525k | 0 | — | $11,438 |
| 2 | 27 | $520k | 2 | — | $7,979 |
| 3 | 79 | $670k | 1 | — | $5,815 |
| 4 | 24 | $990k | 0 | — | $4,880 |
| 5+ | 7 | $1.3m | 1 | — | $4,601 |
Price per square metre
Homes in Port Underwood sold for a median $6,518 per square metre of floor over the last twelve months, land included (Picton: $4,750); the land under houses sold for an estimated $40 per square metre (Picton: $435). A sale price is not split between land and house, so the land figure gives the land the council's share of each sale — the land value as a part of the capital value at the last revaluation.
$6,518per m² of floor, land included, sales in the last 12 months
$40per m² of land, estimated from house sales in the last 12 months
$6,012per m² of floor, council capital values
$56per m² of land, council land values of houses
Recent sales in Port Underwood
- 2 Hakahaka Road$550,0009 May 2026 · 2 bed · 136 m² floor · 847 m² land
- 7 Hakahaka Road$550,0007 May 2026 · 2 bed · 70 m² floor · 809 m² land
- 1452 Port Underwood Road$1,450,00021 Apr 2026 · 5 bed · 280 m² floor · 5.92 ha land
- 82 Te Tio Terrace$400,0002 Apr 2026 · 5,968 m² land
- $880,00019 Feb 2026 · 3 bed · 95 m² floor · 62.6 ha land
- $350,00025 Sept 2025 · 30.2 ha land
- 18 Flagg Bay Close$665,00026 May 2025 · 3 bed · 8.86 ha land
- $420,00025 May 2025 · 3.75 ha land
- 17 Tumbledown Bay Road$570,00023 Dec 2024 · 3 bed · 121 m² floor · 809 m² land
- $525,00026 Sept 2024 · 3 bed · 92 m² floor · 2,000 m² land
- 3 Hakahaka Road$420,00031 May 2024 · 4 bed · 150 m² floor · 812 m² land
- 23 Te Tio Terrace$500,00020 Mar 2024 · 1 bed · 40 m² floor · 5,148 m² land
How long owners stay in Port Underwood
8.8 yearsPicton
7.9 yearsNew Zealand
2.7%of homes sold in the last 12 months (Picton: 3.2%)
Time between a home's sales, for homes that resold in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.
Who lives in Port Underwood
About 189 people lived in Port Underwood at the 2023 census (up 21% since 2018); their median age was about 59 (Picton: 55); 92% of households owned their home (Picton: 74%).
189people, 2023 (2018: 156)
59median age, about (Picton: 55)
$86kmedian household income, about (Picton: $70k)
92%of households own their home (2018: 81%)
Age
- 30-64 years62%
- 65 years and over22%
- 15-29 years10%
- Under 15 years8%
Households
- One-family household (with or without other people)78%
- One-person household17%
- Other multi-person household0%
- Two-family household (with or without other people)0%
- Three or more family household (with or without other people)0%
Ethnicity
- European92%
- Māori11%
- Asian3%
- Other Ethnicity2%
- Pacific Peoples2%
- Middle Eastern/Latin American/African0%
Where people were born
- New Zealand75%
- United Kingdom and Ireland13%
- Australia6%
- Europe (excl United Kingdom and Ireland)3%
- Asia2%
- North America2%
- Other0%
- Pacific Islands0%
Household income
- $100,001-$150,00026%
- $30,001-$50,00022%
- $70,001-$100,00013%
- $20,000 or less9%
- $50,001-$70,0009%
- $200,001 or more9%
- $150,001-$200,0009%
- $20,001-$30,0004%
Dwellings
- Separate house80%
- Other private dwelling10%
- Joined dwelling3%
- Non-private dwelling3%
Highest qualification
- No qualification20%
- Level 2 certificate13%
- Bachelor degree and Level 7 qualification13%
- Level 1 certificate11%
- Level 3 certificate11%
- Level 4 certificate11%
- Post-graduate and honours degrees9%
- Level 5 diploma7%
Stats NZ Census 2023 and 2018, summed over the census areas inside Port Underwood. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.
Real estate agents selling in Port Underwood
7 agents have been credited on a sale or a live listing in Port Underwood in the last two years. Those with the most:
- Georgia O'MalleyBayleys Top of the South2 sales here
- Rhonda StewartHarcourts Marlborough1 sale here
- William HarrisHarcourts Marlborough1 sale here
- Katie GibbonsHarcourts Marlborough1 sale here
- Aaron FlowerdayArizto1 sale here
- Emily BradburyBayleys Picton1 sale here
- Martyn BirchHarcourts Marlborough1 sale here
All 7 real estate agents in Port Underwood, with their recent sales and which agencies sell the suburb.
Counted from sales records that name the agent, and from current listings. A count of activity, not a rating.
Sales and valuations as at 18 September 2026, from council and LINZ records. Figures resting on fewer than 5 sales are not shown.
Streets in Port Underwood
About property in Port Underwood, Picton
Every property in Port Underwood, Picton, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.
Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.
Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.
Header photo: Mr Bullitt, CC BY 2.5, via Wikimedia Commons (licence).