9 properties sold · Invercargill

Property sold in Mill Road, Invercargill

Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites sold in Mill Road, Invercargill in the last twelve months, latest first, with the price where it is public beside the council valuation.

$1.07mmedian sale, last 12 months · 9 sales · down 7%
$903kmedian council valuation
6.7 yrsmedian time between sales
0for sale now

About Mill Road

Homes sold for a median $4,789 per square metre of floor over the last twelve months. Homes in Mill Road change hands every 6.7 years on median, against 7.2 across Invercargill and 7.9 nationally. About 5.2% of its homes sold in the last twelve months.

Schools zoned for Mill Road

  • Southland Adventist Christian Schoolprimary · Years 1-8
  • St John's Girls' School (Invercargill)primary · Years 1-8
  • Myross Bush Schoolprimary · Years 1-6
  • St Patrick's School (Invercargill)primary · Years 1-6
  • Ascot Community Schoolprimary · Years 1-8
  • Rimu Schoolprimary · Years 1-8
  • Verdon Collegesecondary · Years 7-15
  • James Hargest Collegesecondary · Years 7-15

Mill Road house prices over time

Median sale price by year, all homes; 2026 is the year so far. Mill Road's median sale price over the last twelve months was $1.07m, across 9 sales, down 7% on the twelve months before. Across Invercargill it was $515k.

2016: $430k (14 sales)$430k20162017: $520k (11 sales)2018: $218k (11 sales)20182019: $640k (9 sales)2020: $693k (8 sales)20202021: $723k (6 sales)2022: too few sales to say (4 sales)20222023: $753k (5 sales)2024: $730k (8 sales)20242025: $1.15m (13 sales)$1.15m2026: too few sales to say (3 sales, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floorPer m² land (est.)Invercargill median
20263———$520,000
202513$1,145,000$3,991$15$485,000
20248$730,000$3,452$15$458,000
20235$752,500$3,053$13$442,500
20224———$460,000
20216$722,500$3,033$12$418,375
20208$692,500$2,823$10$355,000
20199$640,000$2,563$7$305,000
201811$218,000$823$8$250,000
201711$520,000$2,507$6$240,000
201614$429,500$2,253$8$216,000

Estimated value, month by month

Our model's median estimate for homes in Mill Road, up 3% over the last twelve months. An automated estimate, not a registered valuation.

Nov 2024: $949kDec 2024: $951kJan 2025: $955kFeb 2025: $963kMar 2025: $968kApr 2025: $970kMay 2025: $968kJun 2025: $971kJul 2025: $978kAug 2025: $983kSept 2025: $994kOct 2025: $1000kNov 2025: $1.0mDec 2025: $1.01mJan 2026: $1.01mFeb 2026: $1.02mMar 2026: $1.02mApr 2026: $1.03mMay 2026: $1.03mJun 2026: $1.02mJul 2026: $1.03mAug 2026: $1.03mSept 2026: $1.02mOct 2026: $1.03m$949k$1.03mNov 2024Oct 2026
Scale $937k to $1.04m, not from zero.

Prices by bedrooms in Mill Road

BedroomsHomesMedian council valueSold, last 12 monthsMedian salePer m² floor
326$723k2—$4,575
4103$950k6$1.11m$4,168
5+15$1.09m1—$3,478

Price per square metre

Homes in Mill Road sold for a median $4,789 per square metre of floor over the last twelve months, land included (Invercargill: $4,013); the land under houses sold for an estimated $17 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.

$4,789per m² of floor, land included, sales in the last 12 months
$17per m² of land, estimated from house sales in the last 12 months
$3,925per m² of floor, council capital values
$14per m² of land, council land values of houses

Recent sales in Mill Road

How long owners stay in Mill Road

Homes in Mill Road change hands every 6.7 years on median, against 7.2 across Invercargill and 7.9 nationally.

6.7 yearsmedian time between sales, Mill Road
7.2 yearsInvercargill
7.9 yearsNew Zealand
5.2%of homes sold in the last 12 months (Invercargill: 4.8%)

By kind: houses 6.7 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 Mill Road

About 462 people lived in Mill Road at the 2023 census (up 9% since 2018); their median age was about 44 (Invercargill: 40); 98% of households owned their home (Invercargill: 71%).

462people, 2023 (2018: 423)
44median age, about (Invercargill: 40)
$133kmedian household income, about (Invercargill: $87k)
98%of households own their home (2018: 92%)

Age

  • 30-64 years49%
  • Under 15 years21%
  • 65 years and over16%
  • 15-29 years13%

Households

  • One-family household (with or without other people)83%
  • One-person household15%
  • Other multi-person household2%
  • Two-family household (with or without other people)2%
  • Three or more family household (with or without other people)0%

Ethnicity

  • European92%
  • Māori12%
  • Other Ethnicity3%
  • Pacific Peoples1%
  • Middle Eastern/Latin American/African1%
  • Asian1%

Where people were born

  • New Zealand94%
  • United Kingdom and Ireland3%
  • Australia2%
  • Other1%
  • North America1%
  • Pacific Islands1%
  • Europe (excl United Kingdom and Ireland)1%
  • Asia0%

Household income

  • $100,001-$150,00029%
  • $150,001-$200,00021%
  • $200,001 or more17%
  • $30,001-$50,00010%
  • $70,001-$100,0008%
  • $20,001-$30,0006%
  • $50,001-$70,0006%
  • $20,000 or less0%

Dwellings

  • Separate house96%
  • Joined dwelling4%
  • Other private dwelling2%
  • Non-private dwelling0%

Highest qualification

  • No qualification18%
  • Bachelor degree and Level 7 qualification15%
  • Level 1 certificate14%
  • Level 4 certificate12%
  • Level 3 certificate9%
  • Level 5 diploma8%
  • Level 2 certificate8%
  • Post-graduate and honours degrees6%

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

Real estate agents selling in Mill Road

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

All 9 real estate agents in Mill Road, 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.

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

Property sold by street in Mill Road

About property sold in Mill Road, Invercargill

Every property in Mill Road, 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.

Sales come from the council valuation roll and the listings that preceded them. Each opens on the property’s own page, with its full sales history, our estimate of its value today and its title.

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.

Header photo: Phillip Capper from Wellington, New Zealand, CC BY 2.0, via Wikimedia Commons (licence).