50 properties · Queenstown, Queenstown

Melbourne Street, Queenstown

Melbourne Street in Queenstown has 50 properties, valued by the council between $540,000 and $3,970,000 with a median of $750,000 (Queenstown: $1,530,000). Most of its homes were built in the 1980s. We estimate its homes at a median $831,500. The last sale we have was in January 2025, for $1,515,000.

$750kmedian council valuation
$832kour median estimate
1980median year built
QueenstownQueenstown ×Melbourne Street ×

50 properties on Melbourne Street, Queenstown

Highest and lowest on Melbourne Street

Highest-valued home25 Melbourne Street$3,970,000council valuation · 4 bed · 200 m² floor · 502 m² land
Lowest-valued home9B Melbourne Street$540,000council valuation · 1 bed · 50 m² floor

Property values on Melbourne Street

The council values Melbourne Street's 29 rated properties between $540,000 and $3,970,000. The middle half sit between about $610,000 and $2,060,000; the median is $750,000 and the mean $1,468,621.

Lowest: $540k$540kLowest10%: $556k20%: $570k20%30%: $650k40%: $670k40%Median: $750k60%: $1.64m60%70%: $1.68m80%: $2.44m80%90%: $3.35mHighest: $3.97m$3.97mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
113$570k0—
23$750k0—
36$1.68m0—
45$3.35m0—

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

Melbourne Street compared with Queenstown

Melbourne Street's median council value is 51% below Queenstown's.

Melbourne StreetQueenstownQueenstown
Median council value$750k$1.53m$1.55m
Median section721 m²639 m²720 m²
Median year built198019902010
Council value per m² of floor$11k$10k$9k

Melbourne Street 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.

2016: $1.29m (4 sales)$1.29m20162017: $1.79m (2 sales)2018: $865k (2 sales)20182020: $563k (2 sales)2021: too few sales to say (1 sale)20212022: $990k (2 sales)2023: $1.96m (2 sales)$1.96m20232024: too few sales to say (1 sale)2025: too few sales to say (1 sale, this year so far)2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20251$1,515,000$9,127
20241$1,700,000$10,366
20232$1,960,000$19,658
20222$990,000$10,042
20211$479,500$9,590
20202$563,000$9,486
20182$864,674$8,878
20172$1,787,500$9,802
20164$1,290,000$7,820

Recent sales on Melbourne Street

The homes on Melbourne Street

Melbourne Street has 38 apartments, 8 houses and 2 sections. Most were built in the 1980s (64%).

1960s: 1 (1 home)11960s1980s: 16 (16 homes)161980s2000s: 1 (1 home)2000s2010s: 7 (7 homes)72010s

Building and resource consents on Melbourne Street

1building consents in the last 5 years
1resource consents in the last 5 years
  • 17 Melbourne Street1 May 2024 · Building consentAlt dwg to enlarge bathrm with wet-area shower & insulate exterior wall
  • 35 Melbourne Street24 May 2024 · Resource consentGSS TRUSTEE LIMITED - APPLICATION TO ESTABLISH A NEW PARKING AND DRIVEWAY AREA FOR AN EXISTING MOTEL AT 35 MELBOURNE STREET, QUEENSTOWN

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