48 properties · Gleniti, Timaru

Spring Road, Gleniti

Spring Road in Gleniti has 48 properties, valued by the council between $360,000 and $1,270,000 with a median of $630,000 (Gleniti: $710,000). More of its homes were built in the 1970s than in any other decade. We estimate its homes at a median $645,000. The last sale we have was in January 2025, for $772,500.

$630kmedian council valuation
$645kour median estimate
1975median year built
TimaruGleniti ×Spring Road ×

48 properties on Spring Road, Gleniti

Highest and lowest on Spring Road

Highest-valued home39 Spring Road$1,270,000council valuation · 5 bed · 266 m² floor · 2,125 m² land
Lowest-valued home3 Spring Road$360,000council valuation · 3 bed · 110 m² floor · 1,138 m² land

Property values on Spring Road

The council values Spring Road's 46 rated properties between $360,000 and $1,270,000. The middle half sit between about $545,000 and $755,000; the median is $630,000 and the mean $672,609.

Lowest: $360k$360kLowest10%: $468k20%: $530k20%30%: $560k40%: $590k40%Median: $630k60%: $700k60%70%: $730k80%: $780k80%90%: $920kHighest: $1.27m$1.27mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
22$415k0—
325$570k0—
415$740k0—
5+4$870k0—

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

Spring Road compared with Gleniti

Spring Road's median council value is 11% below Gleniti's.

Spring RoadGlenitiTimaru
Median council value$630k$710k$500k
Time between sales7.4 yrs7.2 yrs8.2 yrs
Median section776 m²824 m²754 m²
Median year built197519801960
Council value per m² of floor$4k$4k$4k

Spring Road house prices over time

Median sale price by year; 2025 is the year so far. A year with fewer than two sales has no bar.

2016: $354k (4 sales)$354k2017: $303k (2 sales)20172018: $395k (7 sales)2019: $395k (3 sales)20192020: $573k (6 sales)2021: $589k (4 sales)20212022: $680k (2 sales)$680k2023: $556k (4 sales)20232024: $650k (3 sales)$650k2025: too few sales to say (1 sale, this year so far)2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20251$772,500$4,544
20243$650,000$4,038
20234$556,000$3,622
20222$680,000$3,124
20214$589,000$3,582
20206$572,500$2,915
20193$395,000$2,324
20187$395,000$2,469
20172$302,500$1,864
20164$353,500$2,092

Recent sales on Spring Road

  • 50 Spring Road$772,50017 Jan 2025 · 4 bed · 170 m² floor · 724 m² land
  • 36 Spring Road$630,00011 Nov 2024 · 3 bed · 200 m² floor · 675 m² land
  • 11A Spring Road$735,00015 Feb 2024 · 4 bed · 182 m² floor · 822 m² land
  • 41 Spring Road$650,00026 Jan 2024 · 3 bed · 140 m² floor · 949 m² land
  • 5 Spring Road$580,0008 Nov 2023 · 3 bed · 148 m² floor · 479 m² land
  • 17 Spring Road$532,0003 Nov 2023 · 3 bed · 160 m² floor · 594 m² land
  • 3 Spring Road$362,50021 Jun 2023 · 3 bed · 110 m² floor · 1,138 m² land
  • 27 Spring Road$635,0005 Jan 2023 · 3 bed · 130 m² floor · 870 m² land
  • 34 Spring Road$590,00014 Jul 2022 · 3 bed · 190 m² floor · 1,138 m² land
  • 44 Spring Road$770,00027 May 2022 · 5 bed · 245 m² floor · 964 m² land
  • 60B Spring Road$670,00011 Jul 2021 · 3 bed · 194 m² floor · 929 m² land
  • 11A Spring Road$630,0001 Apr 2021 · 4 bed · 182 m² floor · 822 m² land
  • 15 Spring Road$548,00010 Feb 2021 · 3 bed · 148 m² floor · 764 m² land
  • 42 Spring Road$491,50029 Jan 2021 · 3 bed · 103 m² floor · 1,128 m² land
  • 43A Spring Road$690,00010 Dec 2020 · 5 bed · 310 m² floor · 1,580 m² land
  • 60 Spring Road$627,00014 Nov 2020 · 3 bed · 190 m² floor · 530 m² land
  • 29 Spring Road$369,00017 Sept 2020 · 3 bed · 110 m² floor · 584 m² land
  • 53 Spring Road$525,00015 Sept 2020 · 4 bed · 213 m² floor · 674 m² land
  • 44 Spring Road$620,0005 Aug 2020 · 5 bed · 245 m² floor · 964 m² land
  • 38 Spring Road$390,50022 Jun 2020 · 3 bed · 110 m² floor · 708 m² land

The homes on Spring Road

Spring Road has 46 houses and 2 units and townhouses. More were built in the 1970s than in any other decade (43%).

1910s: 1 (1 home)11910s1950s: 1 (1 home)1960s: 1 (1 home)1960s1970s: 20 (20 homes)201980s: 2 (2 homes)1980s1990s: 6 (6 homes)2000s: 12 (12 homes)2000s2010s: 1 (1 home)2020s: 2 (2 homes)22020s

How long owners stay on Spring Road

Homes on Spring Road that resold in the last five years had been held a median 7.4 years (Gleniti: 7.2 years).

Time between a home's sales, for 8 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.

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