47 properties · Speargrass Flat, Queenstown

Speargrass Flat Road, Speargrass Flat

Speargrass Flat Road in Speargrass Flat has 47 properties, valued by the council between $1,780,000 and $18,380,000 with a median of $4,460,000 (Speargrass Flat: $5,330,000). More of its homes were built in the 2010s than in any other decade. We estimate its homes at a median $4,680,000. 3 sold in the last twelve months, for a median $3,500,000. The highest sale in 2026 was 21 Speargrass Flat Road, at $8,250,000.

$4.46mmedian council valuation
$4.68mour median estimate
$3.5mmedian sale, last 12 months · 3 sales
2000median year built
QueenstownSpeargrass Flat ×Speargrass Flat Road ×

47 properties on Speargrass Flat Road, Speargrass Flat

Highest and lowest on Speargrass Flat Road

Highest-valued home69 Speargrass Flat Road$18,380,000council valuation · 526 m² floor · 348,831 m² land
Lowest-valued home192 Speargrass Flat Road$1,780,000council valuation · 3 bed · 71 m² floor · 969 m² land
Highest sale in 202621 Speargrass Flat Road$8,250,000sold 9 Jun 2026 · 5 bed · 381 m² floor · 48,022 m² land

Property values on Speargrass Flat Road

The council values Speargrass Flat Road's 47 rated properties between $1,780,000 and $18,380,000. The middle half sit between about $3,825,000 and $6,376,000; the median is $4,460,000 and the mean $5,992,872.

Lowest: $1.78m$1.78mLowest10%: $2.55m20%: $3.76m20%30%: $3.89m40%: $4.27m40%Median: $4.46m60%: $4.96m60%70%: $5.91m80%: $6.84m80%90%: $12.82mHighest: $18.38m$18.38mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
11$6.04m0—
21$4.82m0—
36$3.08m1—
414$3.96m0—
5+19$5.41m1—

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

Speargrass Flat Road compared with Speargrass Flat

Speargrass Flat Road's median council value is 16% below Speargrass Flat's.

Speargrass Flat RoadSpeargrass FlatQueenstown
Median council value$4.46m$5.33m$1.56m
Median sale, last 12 months$3.5m$5.2m$1.41m
Sold in the last 12 months6.4%4.9%4.6%
Time between sales6.6 yrs9.0 yrs6.1 yrs
Median section6,299 m²19,265 m²719 m²
Median year built200020002010
Council value per m² of floor$15k$18k$9k

Speargrass Flat 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: too few sales to say (1 sale)20162017: $1.5m (3 sales)$1.5m2018: too few sales to say (1 sale)20182020: $5.83m (4 sales)$5.83m2021: $3.7m (5 sales)20212022: too few sales to say (1 sale)2024: $4.0m (3 sales)20242025: $4.6m (6 sales)$4.6m2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$8,250,000$21,654
20256$4,600,000$22,613
20243$4,000,000$11,806
20221$4,000,000$14,599
20215$3,700,000$13,636
20204$5,825,000$10,447
20181$1,775,000$6,478
20173$1,500,000$5,534
20161$4,025,160$7,652

Recent sales on Speargrass Flat Road

The homes on Speargrass Flat Road

Speargrass Flat Road has 46 houses and 1 section. More were built in the 2010s than in any other decade (37%).

1950s: 1 (1 home)11950s1960s: 2 (2 homes)1960s1970s: 1 (1 home)1970s1980s: 4 (4 homes)1980s1990s: 6 (6 homes)1990s2000s: 10 (10 homes)2000s2010s: 16 (16 homes)162010s2020s: 3 (3 homes)32020s

How long owners stay on Speargrass Flat Road

Homes on Speargrass Flat Road that resold in the last five years had been held a median 6.6 years (Speargrass Flat: 9.0 years).

Time between a home's sales, for 12 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 Speargrass Flat Road

8building consents in the last 5 years
25resource consents in the last 5 years
  • 99 Speargrass Flat Road1 Apr 2026 · Building consentNew 5 bdrm, 5 bathrm dwg, brick veneer & membrane roofing. Detached dbl gge. Pool
  • 446 Speargrass Flat Road1 Mar 2025 · Building consentStage 1 of 2 for the construction of a proposed res dwg. Stage 1 consists of floor slabs, retaining walls & underground services
  • 418 Speargrass Flat Road1 Mar 2025 · Building consentAmendment: add fireplace. Interior layout re-configured, internal stair re-located. Replacing existing windows & door joinery
  • 74 Speargrass Flat Road1 Aug 2023 · Building consentAlt to existing dwg - rebuild entry/kitchen/dining/lounge wing of a house affected by fire - 74 speargrass flat Rd, Queenstown
  • 413 Speargrass Flat Road1 Oct 2022 · Building consentAmendment: shotcrete wall waterproofing & drainage system, sub-slab drainage grillage design & site slab with thickenings & pit locations - 413 speargrass flat Rd, Queenstown
  • 446 Speargrass Flat Road13 Mar 2025 · Resource consentF&W CO LIMITED - TO CONSTRUCT A RESIDENTIAL UNIT AND ACCESSORY BUILDING IN THE INTERNAL BOUNDARY SETBACK WITH ASSOCIATED EARTHWORKS ON A SITE WITH NO BUILDING PLATFORM AT 446 SPEARGRASS FLAT ROAD, QUE
  • 413 Speargrass Flat Road4 Dec 2024 · Resource consentX-RAY TRUST LIMITED - TO CHANGE CONDITION 4 OF RM150051 TO CHANGE THE BUILDING MATERIALS OF A RESIDENTIAL UNIT AT 413 SPEARGRASS FLAT ROAD, QUEENSTOWN
  • 446 Speargrass Flat Road24 Oct 2024 · Resource consentF&W CO LIMITED - TO CONSTRUCT A RESIDENTIAL UNIT AND ACCESSORY BUILDING IN THE INTERNAL BOUNDARY SETBACK WITH ASSOCIATED EARTHWORKS ON A SITE WITH NO BUILDING PLATFORM AT 446 SPEARGRASS FLAT ROAD, QUE
  • 31 Speargrass Flat Road17 Sept 2024 · Resource consentV BUCKHAM - TO UNDERTAKE 10 “DAYTIME” EVENTS, THREE “EVENING” EVENTS (WHICH WILL BREACH NOISE LIMITS), AND AN UNLIMITED NUMBER OF "VERY SMALL DAYTIME” EVENTS PER CALENDAR YEAR AT 31 SPEARGRASS FLAT RO
  • 413 Speargrass Flat Road12 Sept 2024 · Resource consentXRAY TRUST LIMITED - APPLICATION UNDER SECTION 221 OF THE RESOURCE MANAGEMENT ACT 1991 (RMA) TO CHANGE CONDITION 13 OF CONSENT NOTICE 9805352.2 ON LOT 1 AND 101 DP475822, AND CONDITION 13 OF CONSENT N

Speargrass Flat Road in other suburbs

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