62 properties · Gleniti, Timaru

Murchison Drive, Gleniti

Murchison Drive in Gleniti has 62 properties, valued by the council between $475,000 and $1,250,000 with a median of $680,000 (Gleniti: $710,000). More of its homes were built in the 1990s than in any other decade. We estimate its homes at a median $695,000. 2 sold in the last twelve months. The highest sale in 2026 was 85 Murchison Drive, at $1,045,000.

$680kmedian council valuation
$695kour median estimate
2sold in the last 12 months
1990median year built
TimaruGleniti ×Murchison Drive ×

62 properties on Murchison Drive, Gleniti

Highest and lowest on Murchison Drive

Highest-valued home67 Murchison Drive$1,250,000council valuation · 5 bed · 290 m² floor · 3,410 m² land
Lowest-valued home12 Murchison Drive$475,000council valuation · 3 bed · 120 m² floor · 632 m² land
Highest sale in 202685 Murchison Drive$1,045,000sold 15 Mar 2026 · 5 bed · 240 m² floor · 1,842 m² land

Property values on Murchison Drive

The council values Murchison Drive's 59 rated properties between $475,000 and $1,250,000. The middle half sit between about $558,000 and $765,000; the median is $680,000 and the mean $677,288.

Lowest: $475k$475kLowest10%: $508k20%: $536k20%30%: $580k40%: $622k40%Median: $680k60%: $718k60%70%: $740k80%: $790k80%90%: $804kHighest: $1.25m$1.25mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
335$580k0—
421$780k1—
5+3$1.12m1—

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

Murchison Drive compared with Gleniti

Murchison Drive's median council value is 4% below Gleniti's.

Murchison DriveGlenitiTimaru
Median council value$680k$710k$500k
Sold in the last 12 months3.2%4.2%4.1%
Time between sales7.5 yrs7.2 yrs8.2 yrs
Median section723 m²824 m²754 m²
Median year built199019801960
Council value per m² of floor$4k$4k$4k

Murchison Drive 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.

2016: $516k (5 sales)$516k20162017: too few sales to say (1 sale)2018: $370k (5 sales)20182019: too few sales to say (1 sale)2020: $473k (4 sales)20202021: too few sales to say (1 sale)2022: $699k (2 sales)20222023: $725k (5 sales)2024: too few sales to say (1 sale)20242025: $769k (4 sales)$769k2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$1,045,000$4,354
20254$768,750$3,434
20241$477,000$3,942
20235$725,000$4,053
20222$698,750$3,764
20211$625,000$3,238
20204$472,750$2,708
20191$551,000$2,962
20185$370,000$2,505
20171$525,000$2,574
20165$516,000$2,452

Recent sales on Murchison Drive

The homes on Murchison Drive

Murchison Drive has 58 houses and 4 units and townhouses. More were built in the 1990s than in any other decade (42%).

1950s: 1 (1 home)11950s1970s: 21 (21 homes)1970s1980s: 3 (3 homes)1980s1990s: 25 (25 homes)251990s2000s: 9 (9 homes)92000s

How long owners stay on Murchison Drive

Homes on Murchison Drive that resold in the last five years had been held a median 7.5 years (Gleniti: 7.2 years).

Time between a home's sales, for 13 resales in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Murchison Drive in other suburbs

More streets in Gleniti

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.