40 properties · Waimataitai, Timaru

Ranui Avenue, Waimataitai

Ranui Avenue in Waimataitai has 40 properties, valued by the council between $310,000 and $630,000 with a median of $490,000 (Waimataitai: $455,000). More of its homes were built in the 1970s than in any other decade. We estimate its homes at a median $494,000. 1 sold in the last twelve months. The highest sale in 2026 was 54 Ranui Avenue, at $575,000.

$490kmedian council valuation
$494kour median estimate
1sold in the last 12 months
1970median year built
TimaruWaimataitai ×Ranui Avenue ×

40 properties on Ranui Avenue, Waimataitai

Highest and lowest on Ranui Avenue

Highest-valued home46 Ranui Avenue$630,000council valuation · 4 bed · 134 m² floor · 418 m² land
Lowest-valued home1/59 Ranui Avenue$310,000council valuation · 2 bed · 72 m² floor · 419 m² land
Highest sale in 202654 Ranui Avenue$575,000sold 4 Mar 2026 · 4 bed · 206 m² floor · 675 m² land

Property values on Ranui Avenue

The council values Ranui Avenue's 25 rated properties between $310,000 and $630,000. The middle half sit between about $388,500 and $538,000; the median is $490,000 and the mean $473,200.

Lowest: $310k$310kLowest10%: $310k20%: $349k20%30%: $428k40%: $465k40%Median: $490k60%: $514k60%70%: $528k80%: $548k80%90%: $626kHighest: $630k$630kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
24$340k0—
316$515k0—
42$585k1—

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

Ranui Avenue compared with Waimataitai

Ranui Avenue's median council value is 8% above Waimataitai's.

Ranui AvenueWaimataitaiTimaru
Median council value$490k$455k$500k
Sold in the last 12 months2.5%3.5%4.1%
Time between sales4.6 yrs6.6 yrs8.2 yrs
Median section546 m²701 m²754 m²
Median year built197019501960
Council value per m² of floor$4k$4k$4k

Ranui Avenue 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: $335k (3 sales)$335k2017: too few sales to say (1 sale)20172019: too few sales to say (1 sale)2020: $378k (7 sales)20202021: $480k (2 sales)2022: too few sales to say (1 sale)20222023: $493k (2 sales)$493k2024: $320k (5 sales)20242025: $493k (2 sales)$493k2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$575,000$2,791
20252$492,500$4,886
20245$320,000$4,375
20232$492,500$2,937
20221$640,000$4,444
20212$480,000$3,385
20207$378,000$3,706
20191$236,000$1,967
20171$397,000$1,927
20163$335,000$3,045

Recent sales on Ranui Avenue

The homes on Ranui Avenue

Ranui Avenue has 24 houses and 16 units and townhouses. More were built in the 1970s than in any other decade (48%).

1960s: 8 (8 homes)81960s1970s: 12 (12 homes)121970s2020s: 5 (5 homes)52020s

How long owners stay on Ranui Avenue

Homes on Ranui Avenue that resold in the last five years had been held a median 4.6 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 Ranui Avenue

3resource consents in the last 5 years
  • 1/59 Ranui Avenue17 Jan 2024 · Resource consentFour Lot Subdivision & Land Use for Height Breach
  • 1 Ranui Avenue14 Apr 2022 · Resource consentSubdivide Into One Com, Twelve Res and 4 Right of Way Allotments
  • 1 Ranui Avenue8 Nov 2021 · Resource consentConsolidate the Exisiting Northtown Mall

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