Kowhai Drive in Wānaka has 31 properties, valued by the council between $880,000 and $2,030,000 with a median of $1,315,000 (Wānaka: $1,650,000). Most of its homes were built in the 1970s. We estimate its homes at a median $1,430,000. 2 sold in the last twelve months. The highest sale in 2026 was 18 Kowhai Drive, at $1,850,000.
AerialNot listedThe council values Kowhai Drive's 30 rated properties between $880,000 and $2,030,000. The middle half sit between about $1,248,000 and $1,541,000; the median is $1,315,000 and the mean $1,398,667.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 2 | $1.31m | 0 | — |
| 3 | 21 | $1.29m | 2 | — |
| 4 | 6 | $1.61m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Kowhai Drive's median council value is 20% below Wānaka's.
| Kowhai Drive | Wānaka | Wānaka | |
|---|---|---|---|
| Median council value | $1.31m | $1.65m | $1.55m |
| Sold in the last 12 months | 6.5% | 5.5% | 5.3% |
| Median section | 884 m² | 814 m² | 848 m² |
| Median year built | 1970 | 2000 | 2000 |
| Council value per m² of floor | $11k | $9k | $9k |
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 | 1 | $1,850,000 | $7,974 |
| 2025 | 2 | $1,725,000 | $16,984 |
| 2024 | 1 | $1,600,000 | $12,308 |
| 2023 | 1 | $1,410,000 | $10,846 |
| 2021 | 2 | $1,323,000 | $12,883 |
| 2020 | 3 | $1,070,000 | $7,891 |
| 2019 | 2 | $684,000 | $6,221 |
| 2018 | 1 | $680,000 | $5,667 |
| 2016 | 3 | $637,000 | $5,675 |
Kowhai Drive has 28 houses and 2 apartments. Most were built in the 1970s (50%).
Every street in Wānaka, 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.