27 properties · Kensington, Timaru

Wallace Street, Kensington

Wallace Street in Kensington has 27 properties, valued by the council between $340,000 and $475,000 with a median of $420,000 (Kensington: $405,000). Most of its homes were built in the 1950s. We estimate its homes at a median $439,000. The last sale we have was in June 2025, for $430,000.

$420kmedian council valuation
$439kour median estimate
1950median year built
TimaruKensington ×Wallace Street ×

27 properties on Wallace Street, Kensington

Highest and lowest on Wallace Street

Highest-valued home14 Wallace Street$475,000council valuation · 3 bed · 100 m² floor · 1,338 m² land
Lowest-valued home2/10 Wallace Street$340,000council valuation · 2 bed · 96 m² floor

Property values on Wallace Street

The council values Wallace Street's 25 rated properties between $340,000 and $475,000. The middle half sit between about $387,000 and $435,000; the median is $420,000 and the mean $409,600.

Lowest: $340k$340kLowest10%: $352k20%: $378k20%30%: $396k40%: $403k40%Median: $420k60%: $430k60%70%: $430k80%: $440k80%90%: $451kHighest: $475k$475kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
25$400k0—
320$430k0—

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

Wallace Street compared with Kensington

Wallace Street's median council value is 4% above Kensington's.

Wallace StreetKensingtonTimaru
Median council value$420k$405k$500k
Median section521 m²686 m²754 m²
Median year built195019501960
Council value per m² of floor$4k$4k$4k

Wallace Street 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: $271k (4 sales)$271k20162017: $309k (3 sales)2018: $302k (3 sales)20182019: $331k (4 sales)2021: too few sales to say (1 sale)20212022: $376k (3 sales)$376k2023: too few sales to say (1 sale)20232024: too few sales to say (1 sale)2025: too few sales to say (1 sale, this year so far)2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20251$430,000$3,583
20241$440,000$4,356
20231$429,000$3,900
20223$376,000$3,808
20211$388,500$3,238
20194$331,006$3,416
20183$302,000$2,865
20173$309,000$2,617
20164$270,750$2,787

Recent sales on Wallace Street

The homes on Wallace Street

Wallace Street has 23 houses and 4 units and townhouses. Most were built in the 1950s (72%).

1940s: 4 (4 homes)41940s1950s: 18 (18 homes)181950s1960s: 1 (1 home)1960s1970s: 2 (2 homes)21970s

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