13 properties · Waikawa, Picton

Discovery Way, Waikawa

Discovery Way in Waikawa has 13 properties, valued by the council between $710,000 and $970,000 with a median of $740,000 (Waikawa: $790,000). More of its homes were built in the 2010s than in any other decade. We estimate its homes at a median $739,500. The last sale we have was in March 2025, for $650,000.

$740kmedian council valuation
$740kour median estimate
2010median year built

Highest and lowest on Discovery Way

Highest-valued home7 Discovery Way$970,000council valuation · 4 bed · 197 m² floor · 500 m² land
Lowest-valued home12 Discovery Way$710,000council valuation · 2 bed · 117 m² floor

Property values on Discovery Way

The council values Discovery Way's 12 rated properties between $710,000 and $970,000. The middle half sit between about $710,000 and $817,500; the median is $740,000 and the mean $776,667.

Lowest: $710k$710kLowest10%: $710k20%: $710k20%30%: $710k40%: $718k40%Median: $740k60%: $756k60%70%: $781k80%: $854k80%90%: $897kHighest: $970k$970kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
23$710k0—
33$710k0—
46$830k0—

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

Discovery Way compared with Waikawa

Discovery Way's median council value is 6% below Waikawa's.

Discovery WayWaikawaPicton
Median council value$740k$790k$660k
Median section693 m²860 m²946 m²
Median year built201019901980
Council value per m² of floor$5k$5k$5k

Discovery Way 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.

2018: too few sales to say (1 sale)20182019: $545k (2 sales)$545k20192020: $535k (3 sales)20202021: $725k (2 sales)$725k20212022: too few sales to say (1 sale)20222023: too few sales to say (1 sale)20232025: too few sales to say (1 sale, this year so far)2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20251$650,000$5,556
20231$765,000$6,595
20221$765,000$6,595
20212$724,500$6,246
20203$535,000$4,612
20192$544,500$2,547
20181$205,045$1,041

Recent sales on Discovery Way

The homes on Discovery Way

Discovery Way has 7 houses and 6 apartments. More were built in the 2010s than in any other decade (42%).

1960s: 1 (1 home)11960s1980s: 2 (2 homes)1980s1990s: 2 (2 homes)1990s2010s: 5 (5 homes)52010s2020s: 2 (2 homes)22020s

Building and resource consents on Discovery Way

1building consents in the last 5 years
4resource consents in the last 5 years
  • 8 Discovery Way1 Dec 2023 · Building consentRes alterations & free-standing metro wee rad solid fuel heater
  • 20 Discovery Way10 Jul 2024 · Resource consentTo allow for the placement of an unmodified shipping container on the site for an extended period, until such time that the development is completed.
  • 20 Discovery Way10 Jul 2024 · Resource consentTo construct a unit on each of Units 1, 2, 3, 10 & 11 with a net site area of less than 450m2. To authorise recession plane encroachments on each of the Units 1, 2, 3, 10 & 11 as shown on the building
  • 16 Discovery Way10 Jul 2024 · Resource consentStage 1 which is to undertake a redevelopment of Unit 4 DP 510435 to create Unit 4 and Future Development Unit 100
  • 18 Discovery Way10 Jul 2024 · Resource consentStage 2 which is to undertake a redevelopment of Unit 100 (created on Stage 1) to construct five additional units (Units 1, 2, 3, 10 and 11) and associated common property to be added to the existing

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