74 properties · Kelburn, Wellington

Central Terrace, Kelburn

Central Terrace in Kelburn has 74 properties, valued by the council between $880,000 and $3,400,000 with a median of $1,925,000 (Kelburn: $1,275,000). Most of its homes were built in the 1900s. We estimate its homes at a median $1,790,000. 1 sold in the last twelve months. The highest sale in 2026 was 25 Central Terrace, at $1,600,000.

$1.93mmedian council valuation
$1.79mour median estimate
1sold in the last 12 months
1900median year built
WellingtonKelburn ×Central Terrace ×

74 properties on Central Terrace, Kelburn

Highest and lowest on Central Terrace

Highest-valued home18 Central Terrace$3,400,000council valuation · 2 bed · 340 m² floor · 433 m² land
Lowest-valued home19 Central Terrace$880,000council valuation · 195 m² floor · 225 m² land
Highest sale in 202625 Central Terrace$1,600,000sold 12 Feb 2026 · 3 bed · 350 m² floor · 675 m² land

Property values on Central Terrace

The council values Central Terrace's 49 rated properties between $880,000 and $3,400,000. The middle half sit between about $1,277,500 and $2,206,000; the median is $1,925,000 and the mean $1,853,469.

Lowest: $880k$880kLowest10%: $1.13m20%: $1.22m20%30%: $1.34m40%: $1.76m40%Median: $1.93m60%: $2.0m60%70%: $2.16m80%: $2.25m80%90%: $2.63mHighest: $3.4m$3.4mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
26$1.26m0—
313$1.3m1—
418$2.04m0—
5+11$2.25m0—

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

Central Terrace compared with Kelburn

Central Terrace's median council value is 51% above Kelburn's.

Central TerraceKelburnWellington
Median council value$1.93m$1.27m$900k
Sold in the last 12 months1.4%2%1.7%
Time between sales12.3 yrs12.2 yrs10.5 yrs
Median section534 m²473 m²569 m²
Median year built190019101970
Council value per m² of floor$9k$7k$6k

Central Terrace 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: $1.48m (2 sales)$1.48m20162017: $2.19m (2 sales)2018: too few sales to say (1 sale)20182020: $3.01m (2 sales)$3.01m2021: $1.55m (12 sales)20212022: $2.77m (2 sales)2023: $2.42m (4 sales)$2.42m20232024: too few sales to say (1 sale)2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$1,600,000$4,571
20241$1,380,000$4,539
20234$2,417,500$11,688
20222$2,775,000$11,809
202112$1,549,000$16,631
20202$3,010,000$10,387
20181$1,720,000$6,370
20172$2,192,500$9,656
20162$1,475,500$6,316

Recent sales on Central Terrace

The homes on Central Terrace

Central Terrace has 65 houses, 4 units and townhouses and 3 apartments. Most were built in the 1900s (53%).

1900s: 26 (26 homes)261900s1910s: 7 (7 homes)1910s1920s: 3 (3 homes)1920s1940s: 1 (1 home)1940s1960s: 1 (1 home)1960s1980s: 1 (1 home)1980s2000s: 1 (1 home)2000s2020s: 9 (9 homes)92020s

How long owners stay on Central Terrace

Homes on Central Terrace that resold in the last five years had been held a median 12.3 years (Kelburn: 12.2 years).

Time between a home's sales, for 8 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 Central Terrace

8building consents in the last 5 years
3resource consents in the last 5 years
  • 21 Central Terrace1 Jul 2026 · Building consentHousing (detached dwg) - install new metro smart insert woodburner & flue kit into the existing chimney, including chimney mortar flashing
  • 41 Central Terrace1 May 2026 · Building consentR2 - minor works - 2x wet area membrane showers to replace existing acrylic showers in two storey detached dwg
  • 27 Central Terrace1 Jan 2026 · Building consentRbw - housing (detached dwg) - new ensuite, new bathrm fit-out with under tile heating, new pvc joinery & dbl glazing to ensuite, new attic ladder
  • 28 Central Terrace1 Sept 2025 · Building consentRbw - housing (detached dwg) - dwg extension & alt, new kitchen, living space, bathrm, ensuite & laundry
  • 5 Central Terrace1 Aug 2023 · Building consentR3 - alterations to three storey dwg. Includes new master bdrm, ensuite & skylight
  • 10 Central Terrace3 Feb 2025 · Resource consentLand Use: Additions and alterations to existing dwelling
  • 5 Central Terrace16 Jan 2023 · Resource consentLand Use: Additions and alterations to existing dwelling
  • 10 Central Terrace19 Oct 2021 · Resource consentLand use: Additions and alterations to existing dwelling

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