Estimate $3.00m – $3.80m
21A The Terrace, Timaru
33 properties · Timaru, Timaru
The Terrace, Timaru
The Terrace in Timaru has 33 properties, valued by the council between $345,000 and $3,290,000 with a median of $890,000 (Timaru: $430,000). More of its homes were built in the 1980s than in any other decade. We estimate its homes at a median $900,500. The last sale we have was in August 2024, for $650,000.
$890kmedian council valuation
$901kour median estimate
1980median year built
33 properties on The Terrace, Timaru
Estimate $2.62m – $3.49m
5
13 The Terrace, Timaru
Estimate $1.90m – $2.52m
5
11 The Terrace, Timaru
Estimate $1.97m – $2.50m
27 The Terrace, Timaru
Estimate $1.79m – $2.38m
29 The Terrace, Timaru
Estimate $1.63m – $2.17m
5
25 The Terrace, Timaru
Estimate $1.63m – $2.16m
9A The Terrace, Timaru
Estimate $1.76m – $2.22m
9 The Terrace, Timaru
Estimate $1.16m – $1.47m
3
17 The Terrace, Timaru
$1,010,000 CV
12 The Terrace, Timaru
Estimate $822k – $1.09m
4
19 The Terrace, Timaru
Estimate $749k – $949k
3
7A The Terrace, Timaru
Estimate $754k – $956k
4
19A The Terrace, Timaru
Estimate $750k – $951k
3
19B The Terrace, Timaru
Estimate $673k – $853k
3
15B The Terrace, Timaru
Estimate $622k – $828k
3
21 The Terrace, Timaru
Estimate $602k – $800k
3
5A The Terrace, Timaru
Estimate $614k – $779k
3
5C The Terrace, Timaru
Estimate $584k – $776k
3
15A The Terrace, Timaru
Estimate $523k – $695k
3
5B The Terrace, Timaru
Estimate $358k – $476k
5 The Terrace, Timaru
$345,000 CV
14 The Terrace, Timaru
Finding a picture…
No value on record
10 The Terrace, Timaru
Earthquake-prone20–33% NBSWork due Apr 2034
Finding a picture…
No value on record
20 The Terrace, Timaru
Earthquake-prone%NBS not determinedWork due Jan 2038Priority
Highest and lowest on The Terrace
Property values on The Terrace
The council values The Terrace's 22 rated properties between $345,000 and $3,290,000. The middle half sit between about $699,500 and $1,944,000; the median is $890,000 and the mean $1,296,364.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 9 | $710k | 0 | — |
| 4 | 2 | $875k | 0 | — |
| 5+ | 3 | $2.15m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
The Terrace compared with Timaru
The Terrace's median council value is 107% above Timaru's.
| The Terrace | Timaru | Timaru | |
|---|---|---|---|
| Median council value | $890k | $430k | $500k |
| Median section | 565 m² | 506 m² | 754 m² |
| Median year built | 1980 | 1965 | 1960 |
| Council value per m² of floor | $5k | $4k | $4k |
The Terrace house prices over time
Median sale price by year; 2024 is the year so far. A year with fewer than two sales has no bar.
Sales by year as a table
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2024 | 3 | $880,000 | $5,176 |
| 2021 | 2 | $1,766,770 | $5,569 |
| 2020 | 1 | $1,990,000 | $7,158 |
| 2019 | 2 | $507,500 | $3,354 |
| 2018 | 1 | $655,000 | $3,853 |
| 2017 | 2 | $585,000 | $3,478 |
| 2016 | 1 | $1,608,000 | $3,122 |
Recent sales on The Terrace
- 5C The Terrace$650,00014 Aug 2024 · 3 bed · 166 m² floor
- 17 The Terrace$1,750,0509 Jul 2024 · 3 bed · 269 m² floor
- 19A The Terrace$880,00027 Mar 2024 · 4 bed · 170 m² floor · 214 m² land
- 9 The Terrace$1,933,53929 Jun 2021 · 272 m² floor · 565 m² land
- 11 The Terrace$1,600,00030 Mar 2021 · 5 bed · 397 m² floor · 1,060 m² land
- 27 The Terrace$1,990,0003 Dec 2020 · 278 m² floor · 459 m² land
- 7A The Terrace$500,00027 Jun 2019 · 3 bed · 165 m² floor · 579 m² land
- 15B The Terrace$515,00013 Feb 2019 · 3 bed · 140 m² floor
- 19B The Terrace$655,00027 Jul 2018 · 3 bed · 170 m² floor · 194 m² land
- 19B The Terrace$650,0008 Nov 2017 · 3 bed · 170 m² floor · 194 m² land
- 5C The Terrace$520,00024 Apr 2017 · 3 bed · 166 m² floor
- 21A The Terrace$1,608,00029 Apr 2016 · 515 m² floor · 1,608 m² land
- 21 The Terrace$260,00014 Feb 2003 · 3 bed · 110 m² floor
- 19B The Terrace$307,87525 Nov 2002 · 3 bed · 170 m² floor · 194 m² land
- 21A The Terrace$80,0007 Aug 2001 · 515 m² floor · 1,608 m² land
- 19A The Terrace$262,86630 Nov 2000 · 4 bed · 170 m² floor · 214 m² land
- 15A The Terrace$175,00016 Dec 1999 · 3 bed · 169 m² floor
- 19A The Terrace$24,0001 Nov 1999 · 4 bed · 170 m² floor · 214 m² land
- 19B The Terrace$24,0001 Nov 1999 · 3 bed · 170 m² floor · 194 m² land
- 5B The Terrace$160,00020 Oct 1999 · 3 bed · 160 m² floor
The homes on The Terrace
The Terrace has 25 houses, 5 apartments and 3 units and townhouses. More were built in the 1980s than in any other decade (32%).
Building and resource consents on The Terrace
2resource consents in the last 5 years
- 10 The Terrace14 Jun 2023 · Resource consentExtension Of Time to RC 102.2018.83.1
- 22 The Terrace7 Sept 2022 · Resource consentDevelopment Of A Mixed-Use Complex
More streets in Timaru
- Stafford Street111
- Grey Road75
- North Street43
- Church Street35
- Bank Street21
- Dee Street18
- Theodosia Street18
- Barnard Street17
- Arthur Street15
- Sophia Street15
- Elizabeth Street12
- Bayview Place11
Every street in Timaru, 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.