19 properties · Waikawa, Picton

Rimu Terrace, Waikawa

Rimu Terrace in Waikawa has 19 properties, valued by the council between $595,000 and $1,190,000 with a median of $890,000 (Waikawa: $790,000). Most of its homes were built in the 1990s. We estimate its homes at a median $884,000. 2 sold in the last twelve months. The highest sale in 2026 was 11 Rimu Terrace, at $725,000.

$890kmedian council valuation
$884kour median estimate
2sold in the last 12 months
1990median year built
PictonWaikawa ×Rimu Terrace ×

19 properties on Rimu Terrace, Waikawa

Highest and lowest on Rimu Terrace

Highest-valued home17 Rimu Terrace$1,190,000council valuation · 4 bed · 241 m² floor · 1,085 m² land
Lowest-valued home18 Rimu Terrace$595,000council valuation · 3 bed · 100 m² floor · 972 m² land
Highest sale in 202611 Rimu Terrace$725,000sold 3 Feb 2026 · 5 bed · 260 m² floor · 632 m² land

Property values on Rimu Terrace

The council values Rimu Terrace's 19 rated properties between $595,000 and $1,190,000. The middle half sit between about $707,000 and $995,000; the median is $890,000 and the mean $867,632.

Lowest: $595k$595kLowest10%: $643k20%: $703k20%30%: $711k40%: $784k40%Median: $890k60%: $919k60%70%: $966k80%: $1.02m80%90%: $1.12mHighest: $1.19m$1.19mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
36$793k1—
411$960k0—
5+2$880k1—

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

Rimu Terrace compared with Waikawa

Rimu Terrace's median council value is 13% above Waikawa's.

Rimu TerraceWaikawaPicton
Median council value$890k$790k$660k
Sold in the last 12 months10.5%4.3%3.2%
Median section814 m²870 m²946 m²
Median year built199019901980
Council value per m² of floor$4k$5k$5k

Rimu Terrace 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: $460k (3 sales)$460k2017: too few sales to say (1 sale)20172018: too few sales to say (1 sale)2019: $775k (3 sales)20192020: too few sales to say (1 sale)2021: too few sales to say (1 sale)20212023: too few sales to say (1 sale)2024: $948k (2 sales)$948k20242025: too few sales to say (1 sale)2026: $688k (2 sales, this year so far)$688k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$687,500$4,349
20251$705,000$3,525
20242$947,500$3,853
20231$716,000$3,768
20211$915,000$3,660
20201$853,000$2,892
20193$775,000$3,100
20181$630,000$3,073
20171$732,500$2,713
20163$460,000$2,260

Recent sales on Rimu Terrace

  • 21 Rimu Terrace$650,0004 May 2026 · 3 bed · 110 m² floor · 707 m² land
  • 11 Rimu Terrace$725,0003 Feb 2026 · 5 bed · 260 m² floor · 632 m² land
  • 22 Rimu Terrace$705,00028 Jul 2025 · 3 bed · 200 m² floor · 814 m² land
  • 13 Rimu Terrace$975,00028 Mar 2024 · 3 bed · 303 m² floor · 820 m² land
  • 23 Rimu Terrace$920,00019 Mar 2024 · 3 bed · 205 m² floor · 933 m² land
  • 12 Rimu Terrace$716,0003 Feb 2023 · 4 bed · 190 m² floor · 700 m² land
  • 4 Rimu Terrace$915,00010 Sept 2021 · 4 bed · 250 m² floor · 800 m² land
  • 8 Rimu Terrace$853,00016 May 2020 · 4 bed · 295 m² floor · 756 m² land
  • 4 Rimu Terrace$775,00031 Jul 2019 · 4 bed · 250 m² floor · 800 m² land
  • 9 Rimu Terrace$790,0006 Mar 2019 · 4 bed · 270 m² floor · 988 m² land
  • 15 Rimu Terrace$630,0004 Feb 2019 · 3 bed · 186 m² floor · 1,042 m² land
  • 23 Rimu Terrace$630,00018 Apr 2018 · 3 bed · 205 m² floor · 933 m² land
  • 9 Rimu Terrace$732,50013 Oct 2017 · 4 bed · 270 m² floor · 988 m² land
  • 14 Rimu Terrace$390,0006 Feb 2016 · 4 bed · 185 m² floor · 709 m² land
  • 22 Rimu Terrace$460,0008 Jan 2016 · 3 bed · 200 m² floor · 814 m² land
  • 4 Rimu Terrace$565,0008 Jan 2016 · 4 bed · 250 m² floor · 800 m² land
  • 18 Rimu Terrace$375,00012 Oct 2015 · 3 bed · 100 m² floor · 972 m² land
  • 8 Rimu Terrace$552,00016 Jun 2014 · 4 bed · 295 m² floor · 756 m² land
  • 6 Rimu Terrace$385,0001 Apr 2014 · 4 bed · 210 m² floor · 843 m² land
  • 5 Rimu Terrace$587,50014 Aug 2013 · 4 bed · 270 m² floor · 758 m² land

The homes on Rimu Terrace

Rimu Terrace has 19 houses. Most were built in the 1990s (74%).

1990s: 14 (14 homes)141990s2000s: 5 (5 homes)52000s

Building and resource consents on Rimu Terrace

3building consents in the last 5 years
  • 13 Rimu Terrace1 Mar 2025 · Building consentBathrm alterations & wet floor shower
  • 13 Rimu Terrace1 Jan 2025 · Building consentDwg additions & or alterations
  • 9 Rimu Terrace1 Aug 2024 · Building consentBalcony strengthening

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