
Coal Pit Road in Gibbston has 28 properties, valued by the council between $480,000 and $4,250,000 with a median of $2,200,000 (Gibbston: $1,880,000). Most of its homes were built in the 2010s. We estimate its homes at a median $2,350,000. 2 sold in the last twelve months. The highest sale in 2026 was 140 Coal Pit Road, at $2,550,000.
























The council values Coal Pit Road's 21 rated properties between $480,000 and $4,250,000. The middle half sit between about $715,000 and $2,965,000; the median is $2,200,000 and the mean $2,000,476.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 7 | $540k | 2 | — |
| 3 | 4 | $1.5m | 0 | — |
| 4 | 5 | $2.84m | 0 | — |
| 5+ | 2 | $3.67m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Coal Pit Road's median council value is 17% above Gibbston's.
| Coal Pit Road | Gibbston | Queenstown | |
|---|---|---|---|
| Median council value | $2.2m | $1.88m | $1.56m |
| Sold in the last 12 months | 7.1% | 1.7% | 4.6% |
| Median section | 25,955 m² | 20,058 m² | 719 m² |
| Median year built | 2010 | 2010 | 2010 |
| Council value per m² of floor | $11k | $12k | $9k |
Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 2 | $1,662,000 | $14,798 |
| 2024 | 1 | $2,200,000 | $15,714 |
| 2021 | 2 | $1,671,000 | $9,786 |
| 2020 | 2 | $1,995,000 | $13,108 |
| 2018 | 1 | $240,000 | $1,846 |
| 2017 | 1 | $484,000 | $5,319 |
| 2016 | 4 | $497,000 | $5,374 |
Coal Pit Road has 19 houses and 8 apartments. Most were built in the 2010s (63%).
Every street in Gibbston, 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.