162 properties · Kelvin Peninsula, Queenstown

Peninsula Road, Kelvin Peninsula

Peninsula Road in Kelvin Peninsula has 162 properties, valued by the council between $650,000 and $9,150,000 with a median of $2,750,000 (Kelvin Peninsula: $2,230,000). More of its homes were built in the 1980s than in any other decade. We estimate its homes at a median $2,995,000. 8 sold in the last twelve months, for a median $2,842,500. The highest sale in 2026 was 363 Peninsula Road, at $7,900,000.

$2.75mmedian council valuation
$3.0mour median estimate
$2.84mmedian sale, last 12 months · 8 sales
1980median year built
QueenstownKelvin Peninsula ×Peninsula Road ×

163 properties on Peninsula Road, Kelvin Peninsula

Highest and lowest on Peninsula Road

Highest-valued home619 Peninsula Road$9,150,000council valuation · 5 bed · 459 m² floor · 878 m² land
Lowest-valued home556C Peninsula Road$650,000council valuation · 2 bed · 60 m² floor
Highest sale in 2026363 Peninsula Road$7,900,000sold 24 Apr 2026 · 4 bed · 459 m² floor · 1,075 m² land

Property values on Peninsula Road

The council values Peninsula Road's 154 rated properties between $650,000 and $9,150,000. The middle half sit between about $2,008,500 and $3,729,000; the median is $2,750,000 and the mean $3,131,753.

Lowest: $650k$650kLowest10%: $1.72m20%: $1.92m20%30%: $2.1m40%: $2.3m40%Median: $2.75m60%: $3.15m60%70%: $3.45m80%: $4.01m80%90%: $4.78mHighest: $9.15m$9.15mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
29$1.75m1—
334$1.92m5$2.75m
473$2.96m2—
5+34$3.62m0—

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

Peninsula Road compared with Kelvin Peninsula

Peninsula Road's median council value is 23% above Kelvin Peninsula's.

Peninsula RoadKelvin PeninsulaQueenstown
Median council value$2.75m$2.23m$1.56m
Median sale, last 12 months$2.84m$2.94m$1.41m
Sold in the last 12 months4.9%4.1%4.6%
Time between sales10.3 yrs8.2 yrs6.1 yrs
Median section819 m²782 m²719 m²
Median year built198019802010
Council value per m² of floor$12k$11k$9k

Peninsula Road 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: $1.65m (7 sales)$1.65m20162017: $1.25m (5 sales)2018: $1.76m (10 sales)20182019: $1.8m (5 sales)2020: $1.98m (4 sales)20202021: $3.08m (3 sales)2022: $2.21m (2 sales)20222023: $2.71m (5 sales)2024: $3.55m (5 sales)$3.55m20242025: $2.58m (5 sales)2026: $2.94m (7 sales, this year so far)$2.94m2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20267$2,935,000$14,352
20255$2,577,500$10,375
20245$3,550,000$13,346
20235$2,710,000$11,292
20222$2,215,000$14,347
20213$3,075,000$10,603
20204$1,975,000$7,531
20195$1,803,000$7,459
201810$1,757,500$9,593
20175$1,250,000$5,479
20167$1,650,000$5,376

Recent sales on Peninsula Road

The homes on Peninsula Road

Peninsula Road has 144 houses, 9 apartments and 4 sections. More were built in the 1980s than in any other decade (24%).

1950s: 1 (1 home)11950s1960s: 14 (14 homes)1960s1970s: 34 (34 homes)1970s1980s: 36 (36 homes)361980s1990s: 25 (25 homes)1990s2000s: 20 (20 homes)2000s2010s: 14 (14 homes)2010s2020s: 6 (6 homes)62020s

How long owners stay on Peninsula Road

Homes on Peninsula Road that resold in the last five years had been held a median 10.3 years (Kelvin Peninsula: 8.2 years).

Time between a home's sales, for 23 resales in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Building and resource consents on Peninsula Road

23building consents in the last 5 years
12resource consents in the last 5 years
  • 734 Peninsula Road1 Aug 2026 · Building consentConstruct new dwg
  • 379 Peninsula Road1 Jun 2026 · Building consentAlterations/additions - add master bdrm & ensuite above gge, add carport. New roof & wall claddings, renovate bathrm & kitchen.
  • 570 Peninsula Road1 Jan 2026 · Building consentConstruction of two storey dwg with attached gge
  • 489 Peninsula Road1 Jan 2026 · Building consentRenovations & extension of existing dwg, including new deck & reroofing
  • 441 Peninsula Road1 Dec 2025 · Building consentAlt: remove & replace exterior cladding, new windows & doors, interior alterations, new interior linings, new deck & balconies
  • 749 Peninsula Road4 Apr 2025 · Resource consentQUEENSTOWN GOLF CLUB INCORPORATED - INSTALL SOLAR PANELS ON THE ROOF OF THE EXISTING CLUBHOUSE WITHIN AN OUTSTANDING NATURAL LANDSCAPE AT 749 PENINSULA ROAD, KELVIN HEIGHTS, QUEENSTOWN
  • 441 Peninsula Road14 Feb 2025 · Resource consentR & I THOMAS - CONSENT IS NOW FOR A NEW RESIDENTIAL FLAT AT THE FRONTAGE OF THE SITE, WHICH BREACHES THE PERMITTED BOUNDARY SETBACK STANDARDS AT 441 PENINSULA ROAD, KELVIN HEIGHTS, QUEENSTOWN
  • 485 Peninsula Road7 Nov 2024 · Resource consentD & L SPENCE - APPLICATION UNDER SECTION 88 OF THE RESOURCE MANAGEMENT ACT 1991 (RMA) FOR A BREACH TO AN INTERNAL SETBACK RELATED TO THE CONSTRUCTION OF A DOOR AND STEPS TO A GARAGE. APPLICATION UNDER
  • 599 Peninsula Road4 Nov 2024 · Resource consentJ SHARR, S HAWORTH & C RHODES - TO CONSTRUCT A GARAGE WITH ASSOCIATED EARTHWORKS AND TRANSPORT BREACHES AT 599 PENINSULA RD, KELVIN HEIGHTS, QUEENSTOWN
  • 676 Peninsula Road31 Oct 2024 · Resource consentN & N GIBSON - TO UNDERTAKE AN EXTENSION ON THE GROUND FLOOR OF THE DWELLING TO PROVIDE FOR A RESIDENTIAL FLAT IN ASSOCIATION WITH THE EXISTING RESIDENTIAL UNIT AT 676 PENINSULA ROAD, KELVIN HEIGHTS,

Peninsula Road in other suburbs

More streets in Kelvin Peninsula

Every street in Kelvin Peninsula, 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.