162 properties · Karori, Wellington

Parkvale Road, Karori

Parkvale Road in Karori has 162 properties, valued by the council between $490,000 and $1,760,000 with a median of $920,000 (Karori: $990,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $830,000. 5 sold in the last twelve months, for a median $805,000. The highest sale in 2026 was 78 Parkvale Road, at $1,060,000.

$920kmedian council valuation
$830kour median estimate
$805kmedian sale, last 12 months · 5 sales
1950median year built
WellingtonKarori ×Parkvale Road ×

162 properties on Parkvale Road, Karori

Highest and lowest on Parkvale Road

Highest-valued home48 Parkvale Road$1,760,000council valuation · 4 bed · 176 m² floor · 800 m² land
Lowest-valued home157 Parkvale Road$490,000council valuation · 3 bed · 160 m² floor · 754 m² land
Highest sale in 202678 Parkvale Road$1,060,000sold 10 Feb 2026 · 5 bed · 240 m² floor · 1,046 m² land

Property values on Parkvale Road

The council values Parkvale Road's 145 rated properties between $490,000 and $1,760,000. The middle half sit between about $817,000 and $1,071,000; the median is $920,000 and the mean $965,724.

Lowest: $490k$490kLowest10%: $714k20%: $800k20%30%: $834k40%: $880k40%Median: $920k60%: $964k60%70%: $1.03m80%: $1.11m80%90%: $1.28mHighest: $1.76m$1.76mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
12$650k0—
215$730k0—
385$920k4$805k
433$1.01m0—
5+8$1.27m1—

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

Parkvale Road compared with Karori

Parkvale Road's median council value is 7% below Karori's.

Parkvale RoadKaroriWellington
Median council value$920k$990k$900k
Median sale, last 12 months$805k$928k$875k
Sold in the last 12 months3.1%3.3%1.7%
Time between sales14.1 yrs11.8 yrs10.5 yrs
Median section569 m²557 m²569 m²
Median year built195019601970
Council value per m² of floor$7k$7k$6k

Parkvale Road 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: $480k (12 sales)$480k20162017: $722k (6 sales)2018: $773k (6 sales)20182019: $740k (9 sales)2020: $890k (3 sales)20202021: $1.11m (10 sales)$1.11m2022: $900k (6 sales)20222023: $863k (4 sales)2024: $915k (7 sales)20242025: $960k (5 sales)2026: $933k (2 sales, this year so far)$933k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$932,500$5,562
20255$960,000$6,993
20247$915,000$6,389
20234$862,500$6,365
20226$900,000$7,769
202110$1,110,000$7,527
20203$890,000$5,000
20199$740,000$5,824
20186$773,000$7,043
20176$721,750$6,619
201612$480,000$4,215

Recent sales on Parkvale Road

The homes on Parkvale Road

Parkvale Road has 132 houses and 24 units and townhouses. More were built in the 1960s than in any other decade (20%).

1850s: 1 (1 home)11850s1910s: 4 (4 homes)1920s: 28 (28 homes)1920s1930s: 11 (11 homes)1940s: 9 (9 homes)1940s1950s: 20 (20 homes)1960s: 29 (29 homes)291960s1970s: 23 (23 homes)1980s: 8 (8 homes)1980s1990s: 1 (1 home)2000s: 3 (3 homes)2000s2010s: 6 (6 homes)2020s: 2 (2 homes)22020s

How long owners stay on Parkvale Road

Homes on Parkvale Road that resold in the last five years had been held a median 14.1 years (Karori: 11.8 years).

Time between a home's sales, for 23 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 Parkvale Road

16building consents in the last 5 years
  • 41 Parkvale Road1 Sept 2025 · Building consentR1 - minor works - new freestanding woodburner - firenzo Bronte (unit a).
  • 108 Parkvale Road1 Aug 2025 · Building consentR2 - new two-storey detached dwg.
  • 23 Parkvale Road1 Jul 2025 · Building consentR2 - alterations to 2 storey detached dwg - new roof cladding. Re-clad of the upper floor. Alterations to the gge & study. Demolish conservatory for new canopy.
  • 39C Parkvale Road1 Apr 2025 · Building consentR1 - minor works - remediation of timber trusses damaged with hvac installation.
  • 165 Parkvale Road1 Jan 2025 · Building consentR2 - alterations to 2 storey detached dwg - internal renovations & reconfiguration.

Parkvale Road in other suburbs

More streets in Karori

Every street in Karori, 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.