Finding a picture…
Estimate $470k – $596k
3
7 Lethbridge Lane, Tokomaru
11 properties sold · Palmerston North
Property sold in Tokomaru, Palmerston North
Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites sold in Tokomaru, Palmerston North in the last twelve months, latest first, with the price where it is public beside the council valuation.
$529kmedian sale, last 12 months · 11 sales · up 2%
$525kmedian council valuation
6.8 yrsmedian time between sales
13for sale now
11 properties sold in the last 12 months in Tokomaru
Finding a picture…
Estimate $268k – $377k
, Tokomaru
Estimate $1.04m – $1.32m
5
110 Williams Road, Tokomaru
Estimate $442k – $560k
3
6 Matipo Street, Tokomaru
Finding a picture…
Estimate $242k – $306k
174 Konini Street, Tokomaru
Estimate $417k – $528k
4
7 Puketea Street, Tokomaru
Finding a picture…
Estimate $349k – $442k
13 Karaka Street, Tokomaru
Estimate $648k – $912k
4
201 Makerua Road, Tokomaru
Estimate $509k – $645k
4
23-27 Rata Street, Tokomaru
Estimate $790k – $1.00m
4
83 Williams Road, Tokomaru
Finding a picture…
Estimate $453k – $574k
2 Matipo Street, Tokomaru
About Tokomaru
Homes sold for a median $4,198 per square metre of floor over the last twelve months. Homes in Tokomaru change hands every 6.8 years on median, against 7.8 across Palmerston North and 7.9 nationally. About 2.5% of its homes sold in the last twelve months.
Schools zoned for Tokomaru
- Tokomaru Schoolprimary · Years 1-8
- Awatapu Collegesecondary · Years 9-15
- Waiopehu Collegesecondary · Years 9-15
Tokomaru house prices over time
Median sale price by year, all homes; 2026 is the year so far. Tokomaru's median sale price over the last twelve months was $529k, across 11 sales, up 2% on the twelve months before. Across Palmerston North it was $625k.
Sales by year as a table
| Year | Sales | Median price | Per m² floor | Per m² land (est.) | Palmerston North median |
|---|---|---|---|---|---|
| 2026 | 7 | $470,000 | $3,486 | $91 | $623,000 |
| 2025 | 25 | $540,000 | $5,158 | $65 | $632,500 |
| 2024 | 19 | $500,000 | $4,000 | $40 | $625,500 |
| 2023 | 17 | $520,000 | $4,314 | $173 | $625,000 |
| 2022 | 15 | $585,000 | $4,800 | $61 | $675,000 |
| 2021 | 17 | $575,000 | $5,878 | $245 | $686,000 |
| 2020 | 22 | $527,500 | $3,607 | $34 | $542,250 |
| 2019 | 17 | $396,000 | $3,530 | $154 | $441,250 |
| 2018 | 26 | $310,000 | $2,514 | $57 | $393,000 |
| 2017 | 19 | $250,000 | $1,918 | $22 | $350,000 |
| 2016 | 35 | $190,000 | $1,630 | $10 | $315,000 |
Estimated value, month by month
Our model's median estimate for homes in Tokomaru, down 5% over the last twelve months. An automated estimate, not a registered valuation.
Prices by bedrooms in Tokomaru
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale | Per m² floor |
|---|---|---|---|---|---|
| 2 | 7 | $430k | 0 | — | $5,373 |
| 3 | 183 | $490k | 2 | — | $4,778 |
| 4 | 83 | $870k | 4 | — | $3,977 |
| 5+ | 16 | $840k | 1 | — | $3,873 |
Price per square metre
Homes in Tokomaru sold for a median $4,198 per square metre of floor over the last twelve months, land included (Palmerston North: $4,601); the land under houses sold for an estimated $91 per square metre (Palmerston North: $532). 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.
$4,198per m² of floor, land included, sales in the last 12 months
$91per m² of land, estimated from house sales in the last 12 months
$4,444per m² of floor, council capital values
$94per m² of land, council land values of houses
Recent sales in Tokomaru
- 7 Lethbridge Lane$529,00023 Jul 2026 · 3 bed · 126 m² floor · 1,925 m² land
- $300,0002 Jul 2026 · 16,873 m² land
- 110 Williams Road$1,140,00019 Jun 2026 · 5 bed · 327 m² floor · 9,722 m² land
- 6 Matipo Street$515,0001 Apr 2026 · 3 bed · 99 m² floor · 985 m² land
- 174 Konini Street$279,5002 Mar 2026 · 9,286 m² land
- 7 Puketea Street$470,0001 Mar 2026 · 4 bed · 140 m² floor · 1,535 m² land
- 13 Karaka Street$400,0005 Feb 2026 · 115 m² floor · 2,028 m² land
- 201 Makerua Road$820,00010 Dec 2025 · 4 bed · 170 m² floor · 8,482 m² land
- 23-27 Rata Street$585,00018 Nov 2025 · 4 bed · 170 m² floor · 794 m² land
- 83 Williams Road$940,00014 Nov 2025 · 4 bed · 209 m² floor · 9,056 m² land
- 2 Matipo Street$529,0004 Nov 2025 · 95 m² floor · 350 m² land
- 185 Albert Road$918,20014 Sept 2025 · 4 bed · 138 m² floor · 3.06 ha land
How long owners stay in Tokomaru
Homes in Tokomaru change hands every 6.8 years on median, against 7.8 across Palmerston North and 7.9 nationally.
6.8 yearsmedian time between sales, Tokomaru
7.8 yearsPalmerston North
7.9 yearsNew Zealand
2.5%of homes sold in the last 12 months (Palmerston North: 4%)
By kind: houses 6.8 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 Tokomaru
About 996 people lived in Tokomaru at the 2023 census (up 6% since 2018); their median age was about 35 (Palmerston North: 37); 81% of households owned their home (Palmerston North: 64%).
996people, 2023 (2018: 939)
35median age, about (Palmerston North: 37)
$107kmedian household income, about (Palmerston North: $94k)
81%of households own their home (2018: 81%)
Age
- 30-64 years47%
- Under 15 years25%
- 15-29 years17%
- 65 years and over11%
Households
- One-family household (with or without other people)74%
- One-person household21%
- 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
- European86%
- Māori29%
- Pacific Peoples4%
- Other Ethnicity3%
- Asian2%
- Middle Eastern/Latin American/African2%
Where people were born
- New Zealand88%
- United Kingdom and Ireland5%
- Australia2%
- Middle East and Africa1%
- Europe (excl United Kingdom and Ireland)1%
- Asia1%
- Other1%
- North America0%
Household income
- $100,001-$150,00027%
- $150,001-$200,00019%
- $70,001-$100,00016%
- $50,001-$70,00012%
- $200,001 or more9%
- $20,001-$30,0007%
- $30,001-$50,0007%
- $20,000 or less4%
Dwellings
- Separate house97%
- Joined dwelling4%
- Non-private dwelling0%
- Other private dwelling0%
Highest qualification
- Level 3 certificate15%
- No qualification15%
- Level 1 certificate13%
- Level 4 certificate12%
- Bachelor degree and Level 7 qualification11%
- Level 2 certificate10%
- Level 5 diploma6%
- Level 6 diploma5%
Stats NZ Census 2023 and 2018, summed over the census areas inside Tokomaru. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.
Real estate agents selling in Tokomaru
18 agents have been credited on a sale or a live listing in Tokomaru in the last two years. Those with the most:
- Paul HofmannBayleys Manawatu3 sales here
- Kay NitschkeProperty Brokers Palmerston North2 sales here
- Nathan MooneyProperty Brokers Palmerston North2 sales here
- Jeannie BoswellLJ Hooker Palmerston North1 sale here
- Whetu Na NagaraHarcourts Palmerston North1 sale here
- Jane HarrisProperty Brokers Foxton1 sale here
- Simon DavenportProperty Brokers Foxton1 sale here
- Ashley DayHarcourts Palmerston North1 sale here
- Robert DabbRay White Feilding1 sale here
- Amanda AbbotRay White Levin1 sale here
- Natalie CampbellShelley Naylor Realty Limited1 sale here
- Blair JohnsNEXT MOVE1 sale here
All 18 real estate agents in Tokomaru, 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 Tokomaru
8building consents in the last 12 months ($520k of work)
- 267 Albert Road1 Aug 2026 · Building consentExisting dwg relocated onto site to relocate a second hand two bdrm dwg to site as per the plans provided. Foundations & services.
- 177 Albert Road1 Jun 2026 · Building consentFireplace freestanding freestanding wagener sparky multi fuel
- 33 Williams Road1 May 2026 · Building consentUpgrade existing septic tank system
- 26 Highland View Drive1 May 2026 · Building consentFireplace freestanding nog roof cavity for flue 300 x 300mm between trusses & ceiling, carried out by carpenter. fix continuous full length (760mm w) soaker flashing from ridge to bottom of corrugated
- 3B Williams Road1 Apr 2026 · Building consentNew res dwg 3 bdrm dwg with attached gge
Search building consents in Tokomaru 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.
Property sold by street in Tokomaru
About property sold in Tokomaru, Palmerston North
Every property in Tokomaru, Palmerston North, 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.
- Residential property sold in Tokomaru, Palmerston North
- Commercial property sold in Tokomaru, Palmerston North
- Rural property sold in Tokomaru, Palmerston North
- Property in Tokomaru, Palmerston North
- Property for sale in Tokomaru, Palmerston North
- Property for rent in Tokomaru, Palmerston North
- Property sold in Palmerston North
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: Michal Klajban, CC BY-SA 4.0, via Wikimedia Commons (licence).