
Estimate $6.75m – $9.50m
5
1 Tasman Terrace, Drift Bay
Tasman Terrace in Drift Bay has 4 properties, valued by the council between $3,690,000 and $7,000,000 with a median of $4,425,000 (Drift Bay: $3,800,000). Most of its homes were built in the 2000s. We estimate its homes at a median $4,880,000. The last sale we have was in September 2023, for $7,300,000.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 4 | 1 | $3.69m | 0 | — |
| 5+ | 3 | $4.8m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Tasman Terrace's median council value is 16% above Drift Bay's.
| Tasman Terrace | Drift Bay | Queenstown | |
|---|---|---|---|
| Median council value | $4.42m | $3.8m | $1.56m |
| Median section | 4,023 m² | 4,348 m² | 719 m² |
| Median year built | 2005 | 2000 | 2010 |
| Council value per m² of floor | $12k | $12k | $9k |
Tasman Terrace has 4 houses. Most were built in the 2000s (50%).
Every street in Drift Bay, and the suburb's house prices and sales.
Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.