AerialNot listedGimbal 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.
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AerialNot listedThe 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.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 4 | 6 | $1.24m | 1 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Gimbal Place's median council value is 66% above Gleniti's.
| Gimbal Place | Gleniti | Timaru | |
|---|---|---|---|
| Median council value | $1.18m | $710k | $500k |
| Sold in the last 12 months | 5% | 4.2% | 4.1% |
| Median section | 1,158 m² | 824 m² | 754 m² |
| Median year built | 2020 | 1980 | 1960 |
| Council value per m² of floor | $5k | $4k | $4k |
Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 1 | $1,130,000 | $5,090 |
| 2025 | 2 | $1,157,500 | $4,724 |
| 2024 | 2 | $985,000 | $4,456 |
| 2023 | 3 | $310,000 | $4,977 |
| 2022 | 2 | $780,000 | $3,108 |
| 2021 | 8 | $305,000 | $1,245 |
| 2020 | 4 | $272,000 | $1,147 |
Gimbal Place has 15 houses and 5 sections. Most were built in the 2020s (100%).
Every street in Gleniti, and the suburb's house prices and sales.
Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.