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625 Malaghans Road, Speargrass Flat
25 properties · Speargrass Flat, Queenstown
Malaghans Road, Speargrass Flat
Malaghans Road in Speargrass Flat has 25 properties, valued by the council between $1,900,000 and $7,790,000 with a median of $3,840,000 (Speargrass Flat: $5,395,000). More of its homes were built in the 1990s than in any other decade. We estimate its homes at a median $4,095,000. 3 sold in the last twelve months, for a median $6,700,000. The highest sale in 2026 was 833 Malaghans Road, at $6,700,000.
$3.84mmedian council valuation
$4.09mour median estimate
$6.7mmedian sale, last 12 months · 3 sales
1990median year built
25 properties on Malaghans Road, Speargrass Flat
Highest and lowest on Malaghans Road
Highest-valued home778 Malaghans Road$7,790,000council valuation · 5 bed · 510 m² floor · 4.61 ha land
Highest sale in 2026833 Malaghans Road$6,700,000sold 16 Jan 2026 · 5 bed · 337 m² floor · 10.5 ha land
Property values on Malaghans Road
The council values Malaghans Road's 24 rated properties between $1,900,000 and $7,790,000. The middle half sit between about $3,098,500 and $5,082,000; the median is $3,840,000 and the mean $4,129,583.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 2 | $3.07m | 0 | — |
| 4 | 8 | $3.33m | 0 | — |
| 5+ | 9 | $5.23m | 3 | $6.7m |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Malaghans Road compared with Speargrass Flat
Malaghans Road's median council value is 29% below Speargrass Flat's.
| Malaghans Road | Speargrass Flat | Queenstown | |
|---|---|---|---|
| Median council value | $3.84m | $5.39m | $1.55m |
| Median sale, last 12 months | $6.7m | $5.2m | $1.4m |
| Sold in the last 12 months | 12% | 4.7% | 4.5% |
| Median section | 39,918 m² | 19,398 m² | 720 m² |
| Median year built | 1990 | 2000 | 2010 |
| Council value per m² of floor | $17k | $18k | $9k |
Malaghans 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.
Sales by year as a table
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 1 | $6,700,000 | $19,881 |
| 2025 | 3 | $5,200,000 | $23,058 |
| 2024 | 1 | $6,200,000 | $16,359 |
| 2023 | 1 | $3,320,000 | $16,600 |
| 2022 | 1 | $3,400,000 | — |
| 2021 | 1 | $2,200,000 | $7,692 |
| 2020 | 1 | $1,835,000 | $5,734 |
| 2019 | 1 | $2,650,000 | $13,250 |
| 2018 | 3 | $1,890,000 | $8,462 |
| 2017 | 2 | $2,425,000 | $20,809 |
Recent sales on Malaghans Road
- 833 Malaghans Road$6,700,00016 Jan 2026 · 5 bed · 337 m² floor · 10.5 ha land
- 847 Malaghans Road$7,000,00019 Dec 2025 · 5 bed · 326 m² floor · 6.59 ha land
- 760 Malaghans Road$5,200,0006 Oct 2025 · 5 bed · 211 m² floor · 15,711 m² land
- 774A Malaghans Road$1,920,00010 Feb 2025 · 15,125 m² land
- 508 Malaghans Road$6,200,0007 Mar 2024 · 6 bed · 379 m² floor · 10,836 m² land
- 752 Malaghans Road$3,320,0003 May 2023 · 4 bed · 200 m² floor · 4.04 ha land
- 832 Malaghans Road$3,400,0001 Apr 2022 · 16.9 ha land
- 516 Malaghans Road$2,200,00012 May 2021 · 286 m² floor · 9,388 m² land
- 790 Malaghans Road$1,835,0003 Aug 2020 · 4 bed · 320 m² floor · 8,603 m² land
- 752 Malaghans Road$2,650,00019 May 2019 · 4 bed · 200 m² floor · 4.04 ha land
- 741 Malaghans Road$1,980,00016 Aug 2018 · 4 bed · 190 m² floor · 8,277 m² land
- 814 Malaghans Road$1,100,00018 May 2018 · 130 m² floor · 3.97 ha land
- 790 Malaghans Road$1,890,00019 Apr 2018 · 4 bed · 320 m² floor · 8,603 m² land
- 774A Malaghans Road$1,250,00013 Mar 2017 · 15,125 m² land
- 676 Malaghans Road$3,600,00022 Feb 2017 · 4 bed · 173 m² floor · 8.87 ha land
- 761 Malaghans Road$2,700,0008 Jun 2015 · 5 bed · 367 m² floor · 19.2 ha land
- 792 Malaghans Road$1,300,0007 Jun 2015 · 5 bed · 280 m² floor · 4.01 ha land
- 752 Malaghans Road$1,401,00019 Mar 2015 · 4 bed · 200 m² floor · 4.04 ha land
- 629 Malaghans Road$1,250,00019 Dec 2014 · 3 bed · 156 m² floor · 8,958 m² land
- 679 Malaghans Road$650,00019 Dec 2014 · 27.3 ha land
The homes on Malaghans Road
Malaghans Road has 24 houses and 1 section. More were built in the 1990s than in any other decade (33%).
Building and resource consents on Malaghans Road
12building consents in the last 5 years
8resource consents in the last 5 years
- 791 Malaghans Road21 May 2026 · Building consentRe-construct outbuilding (into sleepout) that has burnt down
- 814 Malaghans Road17 Feb 2026 · Building consentConstruction of two storey residential dwelling with attached garage and flat
- 774A Malaghans Road23 Dec 2025 · Building consentConstruction of single storey dwg with attached gge & fire
- 676 Malaghans Road26 Aug 2024 · Building consentConstruction of 1.2m high pool fencing (swimming pool constructed under schedule 1)
- 752 Malaghans Road31 May 2024 · Building consentAlteration & addition to existing dwelling and construction of detached garage
- 752 Malaghans Road13 Aug 2024 · Resource consentJ DIAS AND G & S SANTOS - LAND USE CONSENT FOR THE CONSTRUCTION OF A GARAGE AND A SHED (INCLUDING RESIDENTIAL FLAT), TO UNDERTAKE ADDITIONS AND ALTERATIONS OF AN EXISTING RESIDENTIAL UNIT, ASSOCIATED
- 676 Malaghans Road13 Jun 2024 · Resource consentT WILES, G WILES & T J WILES TRUSTEE LIMITED - CONSTRUCT AN ACCESSORY BUILDING (SWIMMING POOL) OUTSIDE OF A BUILDING PLATFORM AND VARY CONDITION 1 OF RM190696 AT 676 MALAGHANS ROAD, WANAKA
- 752 Malaghans Road1 May 2024 · Resource consentTo undertake earthworks for the purpose of residential development
- 752 Malaghans Road1 May 2024 · Resource consentTo undertake earthworks for the purpose of residential development
- 676 Malaghans Road29 Sept 2023 · Resource consentTo discharge treated domestic waste water to land for the purpose of disposing of treated waste water from two domestic properties
Malaghans Road in other suburbs
More streets in Speargrass Flat
- Speargrass Flat Road47
- Lower Shotover Road40
- Domain Road38
- Mooney Road22
- Hunter Road18
- Elysium Way14
- Birchwood Road11
- Ayrshire Lane8
- Paddock Lane6
- Slopehill Road6
- Korimako Lane4
- Coronet View Road3
Every street in Speargrass Flat, 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.