
Grasmere Street in Waimataitai has 37 properties, valued by the council between $395,000 and $770,000 with a median of $500,000 (Waimataitai: $455,000). More of its homes were built in the 1920s than in any other decade. We estimate its homes at a median $494,000. 2 sold in the last twelve months. The highest sale in 2026 was 24 Grasmere Street, at $680,000.
























The council values Grasmere Street's 36 rated properties between $395,000 and $770,000. The middle half sit between about $463,750 and $562,500; the median is $500,000 and the mean $516,806.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 3 | $460k | 0 | — |
| 3 | 30 | $500k | 2 | — |
| 4 | 2 | $563k | 0 | — |
| 5+ | 1 | $550k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Grasmere Street's median council value is 10% above Waimataitai's.
| Grasmere Street | Waimataitai | Timaru | |
|---|---|---|---|
| Median council value | $500k | $455k | $500k |
| Sold in the last 12 months | 5.4% | 3.5% | 4.1% |
| Time between sales | 9.2 yrs | 6.6 yrs | 8.2 yrs |
| Median section | 741 m² | 701 m² | 754 m² |
| Median year built | 1930 | 1950 | 1960 |
| Council value per m² of floor | $4k | $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 | 2 | $565,000 | $4,678 |
| 2025 | 1 | $580,000 | $5,979 |
| 2024 | 5 | $485,000 | $4,053 |
| 2023 | 2 | $606,000 | $4,414 |
| 2022 | 1 | $400,000 | $3,053 |
| 2021 | 2 | $568,000 | $2,805 |
| 2020 | 5 | $315,000 | $2,972 |
| 2019 | 2 | $302,000 | $2,770 |
| 2018 | 3 | $410,000 | $2,727 |
| 2017 | 4 | $315,750 | $2,314 |
| 2016 | 3 | $390,000 | $2,562 |
Grasmere Street has 37 houses. More were built in the 1920s than in any other decade (31%).
Homes on Grasmere Street that resold in the last five years had been held a median 9.2 years (Waimataitai: 6.6 years).
Time between a home's sales, for 10 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.
Every street in Waimataitai, 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.