Property for rent in Grasmere, Invercargill
Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites for rent in Grasmere, Invercargill, each listing beside what the property would rent for, its title, school zones and running costs.
0 properties for rent in Grasmere
Nothing in Grasmere is advertised for rent on the sites we follow just now; .
About Grasmere
Three-bedroom homes sold for a median $525k and four-bedroom homes for $551k. Homes sold for a median $4,357 per square metre of floor over the last twelve months. Homes in Grasmere change hands every 6.5 years on median, against 7.2 across Invercargill and 7.9 nationally. About 5.4% of its homes sold in the last twelve months.
Schools zoned for Grasmere
- Southland Adventist Christian Schoolprimary · Years 1-8
- St John's Girls' School (Invercargill)primary · Years 1-8
- Donovan Primary Schoolprimary · Years 1-6
- James Hargest Collegesecondary · Years 7-15
- Verdon Collegesecondary · Years 7-15
Grasmere house prices over time
Median sale price by year, all homes; 2026 is the year so far. Grasmere's median sale price over the last twelve months was $525k, across 70 sales, up 13% on the twelve months before. Across Invercargill it was $515k.
Sales by year as a table
| Year | Sales | Median price | Per m² floor | Per m² land (est.) | Invercargill median |
|---|---|---|---|---|---|
| 2026 | 44 | $525,750 | $4,364 | $345 | $520,000 |
| 2025 | 89 | $480,000 | $4,250 | $317 | $485,000 |
| 2024 | 66 | $463,500 | $4,037 | $294 | $458,000 |
| 2023 | 59 | $433,000 | $3,618 | $286 | $442,500 |
| 2022 | 55 | $450,000 | $3,772 | $272 | $460,000 |
| 2021 | 84 | $447,000 | $3,869 | $264 | $418,375 |
| 2020 | 110 | $362,500 | $3,081 | $233 | $355,000 |
| 2019 | 110 | $300,000 | $2,473 | $201 | $305,000 |
| 2018 | 97 | $252,000 | $2,250 | $172 | $250,000 |
| 2017 | 107 | $230,000 | $1,923 | $144 | $240,000 |
| 2016 | 102 | $219,000 | $1,813 | $140 | $216,000 |
Estimated value, month by month
Our model's median estimate for homes in Grasmere, up 3% over the last twelve months. An automated estimate, not a registered valuation.
Prices by bedrooms in Grasmere
Over the last twelve months, 3-bedroom homes sold for a median $525k, 4-bedroom homes sold for a median $551k.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale | Per m² floor |
|---|---|---|---|---|---|
| 1 | 10 | $288k | 0 | — | $5,726 |
| 2 | 98 | $355k | 4 | — | $3,600 |
| 3 | 925 | $410k | 48 | $525k | $4,594 |
| 4 | 111 | $500k | 10 | $551k | $4,300 |
| 5+ | 10 | $630k | 1 | — | $2,520 |
Price per square metre
Homes in Grasmere sold for a median $4,357 per square metre of floor over the last twelve months, land included (Invercargill: $4,013); the land under houses sold for an estimated $332 per square metre (Invercargill: $268). 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.
Recent sales in Grasmere
- 104 Heywood Street$175,00010 Aug 2026 · 3 bed · 90 m² floor · 602 m² land
- 21 Tanner Street$420,00028 Jul 2026 · 3 bed · 110 m² floor · 627 m² land
- 29 Charles Street$430,00021 Jul 2026 · 130 m² floor · 603 m² land
- 116 Cunningham Crescent$511,00027 Jun 2026 · 3 bed · 100 m² floor · 575 m² land
- 51 Tanner Street$480,00016 Jun 2026 · 3 bed · 110 m² floor · 627 m² land
- 33 Baxter Street$570,00012 Jun 2026 · 3 bed · 100 m² floor · 532 m² land
- 41 Galway Street$451,70012 Jun 2026 · 3 bed · 120 m² floor · 1,012 m² land
- 7 Palmer Street$580,00030 May 2026 · 3 bed · 121 m² floor · 769 m² land
- 53 Dudley Street$562,50028 May 2026 · 4 bed · 120 m² floor · 1,012 m² land
- 27 Palmer Street$820,00027 May 2026 · 4 bed · 200 m² floor · 1,072 m² land
- 34 Cunningham Street$535,00027 May 2026 · 3 bed · 100 m² floor · 617 m² land
- 40A Price Street$831,00022 May 2026 · 4 bed · 191 m² floor · 536 m² land
How long owners stay in Grasmere
Homes in Grasmere change hands every 6.5 years on median, against 7.2 across Invercargill and 7.9 nationally.
By kind: houses 6.4 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 Grasmere
About 2,766 people lived in Grasmere at the 2023 census (down 1% since 2018); their median age was about 36 (Invercargill: 40); 76% of households owned their home (Invercargill: 71%).
Age
- 30-64 years44%
- 15-29 years21%
- Under 15 years20%
- 65 years and over15%
Households
- One-family household (with or without other people)67%
- One-person household27%
- Other multi-person household5%
- Two-family household (with or without other people)2%
- Three or more family household (with or without other people)0%
Ethnicity
- European85%
- Māori17%
- Asian6%
- Pacific Peoples4%
- Other Ethnicity2%
- Middle Eastern/Latin American/African1%
Where people were born
- New Zealand87%
- Asia5%
- United Kingdom and Ireland2%
- Australia1%
- Middle East and Africa1%
- Pacific Islands1%
- Other1%
- Europe (excl United Kingdom and Ireland)1%
Household income
- $100,001-$150,00023%
- $70,001-$100,00020%
- $30,001-$50,00015%
- $50,001-$70,00013%
- $150,001-$200,00011%
- $20,001-$30,00010%
- $20,000 or less4%
- $200,001 or more4%
Dwellings
- Separate house97%
- Joined dwelling4%
- Non-private dwelling0%
- Other private dwelling0%
Highest qualification
- No qualification21%
- Level 1 certificate13%
- Level 2 certificate13%
- Level 4 certificate13%
- Level 3 certificate11%
- Bachelor degree and Level 7 qualification10%
- Level 5 diploma6%
- Level 6 diploma4%
Stats NZ Census 2023 and 2018, summed over the census areas inside Grasmere. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.
Real estate agents selling in Grasmere
41 agents have been credited on a sale or a live listing in Grasmere in the last two years. Those with the most:
- Sheree WilliamsSW Real Estate11 sales here
- Karyn DunleveyBayleys Southland Real Estate7 sales here
- Craig HeyrickHarcourts Invercargill7 sales here
- Wendy HeaslipHarcourts Invercargill5 sales here
- Henry MasonRay White Invercargill5 sales here
- Dylan HeyrickHarcourts Invercargill4 sales here
- Steven RussellHarcourts Invercargill4 sales here
- Adam LoveSmart Move Real Estate4 sales here
- Brehan CairnsWhitefox Queenstown4 sales here
- Rhys WhiteProfessionals Invercargill3 sales here
- Brendan WatsonProperty Brokers Invercargill3 sales here
- Mark ElderRaine & Horne Invercargill3 sales here
All 41 real estate agents in Grasmere, 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 Grasmere
- 125 Bay Road1 Aug 2026 · Building consentNew 3 bdrm dwg with metro wee rad woody constructed off site in two pieces all under one building consent
- 108 Bay Road1 Jul 2026 · Building consentDwg with attached gge & log burner 108 bay Rd Oxford lot 5 dp 583129
- 170 Stobo Street1 Jul 2026 · Building consentInstall f/s maxen kinmont soild fuel burner
- 118 Ross Street1 Jul 2026 · Building consentInstall f/s maxen cargill 350-d solid fuel burner (replacement)
- 60 Wallace Street1 Jul 2026 · Building consentInstall f/s masport Wanaka solid fuel burner (replacement)
Search building consents in Grasmere 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 Grasmere, Invercargill
Every property in Grasmere, Invercargill, 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.
- Residential property for rent in Grasmere, Invercargill
- Commercial property for rent in Grasmere, Invercargill
- Rural property for rent in Grasmere, Invercargill
- Property in Grasmere, Invercargill
- Property for sale in Grasmere, Invercargill
- Property sold in Grasmere, Invercargill
- Property for rent in Invercargill
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.
Header photo: Phillip Capper from Wellington, New Zealand, CC BY 2.0, via Wikimedia Commons (licence).