$485,000 CV
3
32 Grasmere Street, Waimataitai
37 properties · Waimataitai, Timaru
Grasmere Street, Waimataitai
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.
$500kmedian council valuation
$494kour median estimate
2sold in the last 12 months
1930median year built
37 properties on Grasmere Street, Waimataitai
$470,000 CV
3
4 Grasmere Street, Waimataitai
$460,000 CV
3
13 Grasmere Street, Waimataitai
$460,000 CV
2
23 Grasmere Street, Waimataitai
$450,000 CV
3
17 Grasmere Street, Waimataitai
Finding a picture…
$435,000 CV
2
34 Grasmere Street, Waimataitai
Finding a picture…
$420,000 CV
3
38 Grasmere Street, Waimataitai
Finding a picture…
$420,000 CV
3
27 Grasmere Street, Waimataitai
$410,000 CV
3
40 Grasmere Street, Waimataitai
$400,000 CV
3
26 Grasmere Street, Waimataitai
Finding a picture…
$400,000 CV
3
30 Grasmere Street, Waimataitai
Finding a picture…
$395,000 CV
3
2A Grasmere Street, Waimataitai
Finding a picture…
No value on record
41 Grasmere Street, Waimataitai
Highest and lowest on Grasmere Street
Highest-valued home23A Grasmere Street$770,000council valuation · 3 bed · 162 m² floor · 524 m² land
Property values on Grasmere Street
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 compared with Waimataitai
Grasmere Street's median council value is 10% above Waimataitai's.
| Grasmere Street | Waimataitai | Timaru | |
|---|---|---|---|
| Median council value | $500k | $455k | $495k |
| 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 | 702 m² | 754 m² |
| Median year built | 1930 | 1950 | 1960 |
| Council value per m² of floor | $4k | $4k | $4k |
Grasmere Street 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.
Sales by year as a table
| 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 |
Recent sales on Grasmere Street
- 24 Grasmere Street$680,0003 Jul 2026 · 3 bed · 120 m² floor · 736 m² land
- 22 Grasmere Street$450,0007 May 2026 · 3 bed · 122 m² floor · 577 m² land
- 7 Grasmere Street$580,00019 Jan 2025 · 2 bed · 97 m² floor · 809 m² land
- 13 Grasmere Street$485,00013 Oct 2024 · 3 bed · 130 m² floor · 809 m² land
- 34 Grasmere Street$410,0008 Sept 2024 · 2 bed · 110 m² floor · 736 m² land
- 15 Grasmere Street$506,00027 Aug 2024 · 3 bed · 120 m² floor · 809 m² land
- 40 Grasmere Street$455,00020 Aug 2024 · 3 bed · 100 m² floor · 736 m² land
- 25 Grasmere Street$535,00022 Jul 2024 · 3 bed · 132 m² floor · 852 m² land
- 24 Grasmere Street$652,0004 Aug 2023 · 3 bed · 120 m² floor · 736 m² land
- 12 Grasmere Street$560,00029 Jun 2023 · 5 bed · 165 m² floor · 809 m² land
- 26 Grasmere Street$400,00029 May 2022 · 3 bed · 131 m² floor · 736 m² land
- 3 Grasmere Street$594,0003 Sept 2021 · 4 bed · 193 m² floor · 666 m² land
- 14 Grasmere Street$542,00030 May 2021 · 3 bed · 214 m² floor · 809 m² land
- 23 Grasmere Street$390,0001 Dec 2020 · 2 bed · 106 m² floor · 350 m² land
- 23A Grasmere Street$190,0009 Oct 2020 · 3 bed · 162 m² floor · 524 m² land
- 23A Grasmere Street$175,9508 Sept 2020 · 3 bed · 162 m² floor · 524 m² land
- 23 Grasmere Street$315,00010 Jun 2020 · 2 bed · 106 m² floor · 350 m² land
- 16 Grasmere Street$520,00020 Mar 2020 · 3 bed · 131 m² floor · 736 m² land
- 2A Grasmere Street$300,00026 Jul 2019 · 3 bed · 120 m² floor · 506 m² land
- 40 Grasmere Street$304,00018 Mar 2019 · 3 bed · 100 m² floor · 736 m² land
The homes on Grasmere Street
Grasmere Street has 37 houses. More were built in the 1920s than in any other decade (31%).
How long owners stay on Grasmere Street
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.
Building and resource consents on Grasmere Street
14building consents in the last 5 years
2resource consents in the last 5 years
- 12 Grasmere Street23 Apr 2026 · Building consentAMEND - Layout/Sewer System
- 12 Grasmere Street1 Apr 2026 · Building consentAmend - layout/sewer system
- 12 Grasmere Street18 Mar 2026 · Building consentAlterations (Bathroom/Laundry)
- 12 Grasmere Street1 Mar 2026 · Building consentDwg alterations (bathrm/laundry)
- 22 Grasmere Street28 Aug 2025 · Building consentInstall Woodsman Coleridge Pedestal Freestanding Woodburner
- 25 Grasmere Street2 Apr 2025 · Resource consentRelocate a Building
- 10 Grasmere Street15 Jul 2024 · Resource consentCarpark Extension
More streets in Waimataitai
- Evans Street106
- Hobbs Street66
- Selwyn Street57
- MacDonald Street45
- Ranui Avenue40
- Norwood Street37
- White Street36
- Bouverie Street28
- Newman Street28
- Ashbury Avenue26
- Richmond Street25
- Luxmoore Road24
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.