66 properties · Waimataitai, Timaru

Hobbs Street, Waimataitai

Hobbs Street in Waimataitai has 66 properties, valued by the council between $220,000 and $670,000 with a median of $425,000 (Waimataitai: $455,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $422,000. 2 sold in the last twelve months. The highest sale in 2026 was 50 Hobbs Street, at $648,000.

$425kmedian council valuation
$422kour median estimate
2sold in the last 12 months
1960median year built
TimaruWaimataitai ×Hobbs Street ×

66 properties on Hobbs Street, Waimataitai

Highest and lowest on Hobbs Street

Highest-valued home14B Hobbs Street$670,000council valuation · 3 bed · 161 m² floor · 615 m² land
Lowest-valued home14A Hobbs Street$220,000council valuation · 608 m² land
Highest sale in 202650 Hobbs Street$648,000sold 26 Jan 2026 · 5 bed · 218 m² floor · 723 m² land

Property values on Hobbs Street

The council values Hobbs Street's 61 rated properties between $220,000 and $670,000. The middle half sit between about $382,500 and $545,000; the median is $425,000 and the mean $457,049.

Lowest: $220k$220kLowest10%: $360k20%: $370k20%30%: $395k40%: $410k40%Median: $425k60%: $455k60%70%: $520k80%: $570k80%90%: $610kHighest: $670k$670kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
26$428k0—
347$425k1—
43$570k0—
5+1$610k1—

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

Hobbs Street compared with Waimataitai

Hobbs Street's median council value is 7% below Waimataitai's.

Hobbs StreetWaimataitaiTimaru
Median council value$425k$455k$500k
Sold in the last 12 months3%3.5%4.1%
Time between sales6.2 yrs6.6 yrs8.2 yrs
Median section727 m²701 m²754 m²
Median year built196019501960
Council value per m² of floor$4k$4k$4k

Hobbs 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.

2016: $297k (4 sales)$297k20162017: $290k (3 sales)2018: $289k (4 sales)20182019: $333k (3 sales)2020: $368k (4 sales)20202021: $375k (3 sales)2022: too few sales to say (1 sale)20222023: $583k (2 sales)$583k2024: $435k (2 sales)20242025: $410k (3 sales)2026: $489k (2 sales, this year so far)$489k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$489,000$2,457
20253$410,000$3,727
20242$435,000$4,148
20232$582,500$5,054
20221$368,500$3,350
20213$375,000$2,444
20204$367,500$3,071
20193$333,400$3,227
20184$289,000$2,710
20173$290,000$2,816
20164$296,500$2,395

Recent sales on Hobbs Street

The homes on Hobbs Street

Hobbs Street has 60 houses, 4 units and townhouses and 2 sections. More were built in the 1960s than in any other decade (29%).

1880s: 1 (1 home)11880s1900s: 1 (1 home)1910s: 4 (4 homes)1910s1920s: 1 (1 home)1930s: 3 (3 homes)1930s1950s: 14 (14 homes)1960s: 17 (17 homes)171960s1970s: 2 (2 homes)1990s: 4 (4 homes)1990s2010s: 2 (2 homes)2020s: 10 (10 homes)102020s

How long owners stay on Hobbs Street

Homes on Hobbs Street that resold in the last five years had been held a median 6.2 years (Waimataitai: 6.6 years).

Time between a home's sales, for 9 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 Hobbs Street

6building consents in the last 5 years

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