Property for rent in Elgin, Ashburton

$685kmedian sale, last 12 months · 89 sales · up 195%

$720kmedian council valuation

3.5 yrsmedian time between sales

11for sale now

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All 586 For sale 11 For rent 0 Sold 79

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Nothing in Elgin is advertised for rent on the sites we follow just now; .

About Elgin

Three-bedroom homes sold for a median $690k and four-bedroom homes for $740k. Homes sold for a median $4,122 per square metre of floor over the last twelve months. Homes in Elgin change hands every 3.5 years on median, against 6.5 across Ashburton and 7.9 nationally. About 15.2% of its homes sold in the last twelve months.

Schools zoned for Elgin

Ashburton Christian Schoolcomposite · Years 1-10
St Joseph's School (Ashburton)primary · Years 1-8
Wakanui Schoolprimary · Years 1-8
Hampstead Schoolprimary · Years 1-6
Craighead Diocesan Schoolsecondary · Years 7-15
St Thomas of Canterbury Collegesecondary · Years 7-15
Villa Maria Collegesecondary · Years 7-15
Ashburton Intermediateintermediate · Years 7-8
Ashburton Collegesecondary · Years 9-15

Elgin house prices over time

Median sale price by year, all homes; 2026 is the year so far. Elgin's median sale price over the last twelve months was $685k, across 89 sales, up 195% on the twelve months before. Across Ashburton it was $570k.

Sales by year as a table

Year	Sales	Median price	Per m² floor	Per m² land (est.)	Ashburton median
2026	57	$675,000	$4,164	$332	$570,000
2025	106	$240,000	$3,659	$317	$540,000
2024	55	$645,000	$3,983	$112	$521,500
2023	46	$229,000	$1,304	$111	$505,500
2022	24	$252,500	$3,745	$90	$500,000
2021	73	$195,000	$1,124	$85	$400,000
2020	30	$545,750	$2,935	$28	$375,000
2019	10	$617,500	$2,868	$23	$355,000
2018	17	$530,000	$2,979	$22	$330,000
2017	12	$651,500	$3,465	$33	$341,250
2016	9	$580,000	$2,947	$27	$335,000

Estimated value, month by month

Our model's median estimate for homes in Elgin, up 2% over the last twelve months. An automated estimate, not a registered valuation.

Scale $681k to $737k, not from zero.

Prices by bedrooms in Elgin

Over the last twelve months, 3-bedroom homes sold for a median $690k, 4-bedroom homes sold for a median $740k.

Bedrooms	Homes	Median council value	Sold, last 12 months	Median sale	Per m² floor
3	82	$710k	15	$690k	$4,121
4	145	$940k	25	$740k	$4,107
5+	26	$1.31m	1	—	$3,621

Price per square metre

Homes in Elgin sold for a median $4,122 per square metre of floor over the last twelve months, land included (Ashburton: $4,081); the land under houses sold for an estimated $331 per square metre (Ashburton: $326). A sale price is not split between land and house, so the land figure gives the land the council's share of each sale — the land value as a part of the capital value at the last revaluation.

$4,122per m² of floor, land included, sales in the last 12 months

$331per m² of land, estimated from house sales in the last 12 months

$4,127per m² of floor, council capital values

$80per m² of land, council land values of houses

Recent sales in Elgin

2 Orwell Way$830,0008 Aug 2026 · 213 m² floor · 676 m² land
6 Kilphin Street$785,0002 Aug 2026 · 3 bed · 212 m² floor · 600 m² land
3 Timmins Street$305,00023 Jul 2026 · 639 m² land
9 Buxton Street$730,00017 Jul 2026 · 4 bed · 185 m² floor · 515 m² land
17 Kilphin Street$670,0004 Jul 2026 · 3 bed · 162 m² floor · 600 m² land
$220,00018 Jun 2026 · 600 m² land
19 Orwell Way$710,00014 Jun 2026 · 600 m² land
28 Orwell Way$740,00014 Jun 2026 · 4 bed · 192 m² floor · 562 m² land
21 Grayburn Road$1,100,1001 Jun 2026 · 3 bed · 160 m² floor · 10,010 m² land
8 Morrison Avenue$719,5001 Jun 2026 · 120 m² floor · 582 m² land
17 Vercoe Street$670,00021 May 2026 · 3 bed · 168 m² floor · 550 m² land
1 Kilphin Street$775,00021 May 2026 · 625 m² land

How long owners stay in Elgin

Homes in Elgin change hands every 3.5 years on median, against 6.5 across Ashburton and 7.9 nationally.

3.5 yearsmedian time between sales, Elgin

6.5 yearsAshburton

7.9 yearsNew Zealand

15.2%of homes sold in the last 12 months (Ashburton: 4.9%)

By kind: houses 3.6 years.

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

Who lives in Elgin

About 504 people lived in Elgin at the 2023 census (up 12% since 2018); their median age was about 48 (Ashburton: 42); 90% of households owned their home (Ashburton: 69%).

504people, 2023 (2018: 450)

48median age, about (Ashburton: 42)

$111kmedian household income, about (Ashburton: $86k)

90%of households own their home (2018: 83%)

Age

30-64 years48%
65 years and over24%
Under 15 years17%
15-29 years11%

Households

One-family household (with or without other people)83%
One-person household13%
Two-family household (with or without other people)5%
Other multi-person household2%
Three or more family household (with or without other people)0%

Ethnicity

European93%
Māori4%
Asian2%
Other Ethnicity2%
Pacific Peoples2%
Middle Eastern/Latin American/African1%

Where people were born

New Zealand85%
United Kingdom and Ireland6%
Middle East and Africa4%
Australia2%
Pacific Islands2%
Europe (excl United Kingdom and Ireland)2%
Asia1%
North America1%

Household income

$100,001-$150,00024%
$200,001 or more14%
$30,001-$50,00013%
$70,001-$100,00013%
$50,001-$70,00011%
$150,001-$200,00011%
$20,000 or less3%
$20,001-$30,0002%

Dwellings

Separate house96%
Joined dwelling4%
Other private dwelling1%
Non-private dwelling0%

Highest qualification

No qualification17%
Level 1 certificate13%
Bachelor degree and Level 7 qualification13%
Level 2 certificate11%
Level 4 certificate11%
Level 3 certificate11%
Level 6 diploma8%
Level 5 diploma6%

Stats NZ Census 2023 and 2018, summed over the census areas inside Elgin. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.

Real estate agents selling in Elgin

19 agents have been credited on a sale or a live listing in Elgin in the last two years. Those with the most:

All 19 real estate agents in Elgin, with their recent sales and which agencies sell the suburb.

Counted from sales records that name the agent, and from current listings. A count of activity, not a rating.

Building and resource consents in Elgin

54building consents in the last 12 months ($18.86m of work)

5 Lodge Lane1 Jul 2026 · Building consentSingle level dwg with attached gge
3 Potters Place1 Jul 2026 · Building consentSingle level dwg with attached gge
2 Timmins Street1 Jul 2026 · Building consentSingle level dwg with attached gge
72 Smithfield Road1 Jul 2026 · Building consentSingle level dwg with attached gge
33 Morrison Avenue1 Jun 2026 · Building consentSingle level dwg & attached gge

Search building consents in Elgin and see Stats NZ's count of new homes there.

Sales and valuations as at 18 September 2026, from council and LINZ records. Figures resting on fewer than 5 sales are not shown.

About property for rent in Elgin, Ashburton

Every property in Elgin, Ashburton, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.

Rentals come from the agents and property managers who list them, matched to the property each is for, so every one opens on that property’s own page: its rent estimate, title, hazards, the internet it can get, and its power and insurance costs.

Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.

Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.