20 properties · Gleniti, Timaru

Gimbal Place, Gleniti

Gimbal Place in Gleniti has 20 properties, valued by the council between $300,000 and $1,690,000 with a median of $1,180,000 (Gleniti: $710,000). Most of its homes were built in the 2020s. We estimate its homes at a median $1,160,000. 1 sold in the last twelve months. The highest sale in 2026 was 11 Gimbal Place, at $1,130,000.

$1.18mmedian council valuation
$1.16mour median estimate
1sold in the last 12 months
2020median year built
TimaruGleniti ×Gimbal Place ×

20 properties on Gimbal Place, Gleniti

Highest and lowest on Gimbal Place

Highest-valued home16 Gimbal Place$1,690,000council valuation · 406 m² floor · 1,550 m² land
Lowest-valued home18 Gimbal Place$300,000council valuation · 1,592 m² land
Highest sale in 202611 Gimbal Place$1,130,000sold 24 Jul 2026 · 4 bed · 222 m² floor · 705 m² land

Property values on Gimbal Place

The council values Gimbal Place's 19 rated properties between $300,000 and $1,690,000. The middle half sit between about $677,000 and $1,253,000; the median is $1,180,000 and the mean $990,000.

Lowest: $300k$300kLowest10%: $300k20%: $306k20%30%: $1.05m40%: $1.06m40%Median: $1.18m60%: $1.22m60%70%: $1.24m80%: $1.27m80%90%: $1.37mHighest: $1.69m$1.69mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
46$1.24m1—

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

Gimbal Place compared with Gleniti

Gimbal Place's median council value is 66% above Gleniti's.

Gimbal PlaceGlenitiTimaru
Median council value$1.18m$710k$500k
Sold in the last 12 months5%4.2%4.1%
Median section1,158 m²824 m²754 m²
Median year built202019801960
Council value per m² of floor$5k$4k$4k

Gimbal Place 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.

2020: $272k (4 sales)$272k20202021: $305k (8 sales)20212022: $780k (2 sales)20222023: $310k (3 sales)20232024: $985k (2 sales)20242025: $1.16m (2 sales)$1.16m20252026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$1,130,000$5,090
20252$1,157,500$4,724
20242$985,000$4,456
20233$310,000$4,977
20222$780,000$3,108
20218$305,000$1,245
20204$272,000$1,147

Recent sales on Gimbal Place

The homes on Gimbal Place

Gimbal Place has 15 houses and 5 sections. Most were built in the 2020s (100%).

Building and resource consents on Gimbal Place

1resource consents in the last 5 years
  • 6 Gimbal Place31 May 2024 · Resource consentRoad Boundary Set Back Breach

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