Madras Street in Khandallah has 92 properties, valued by the council between $560,000 and $1,740,000 with a median of $960,000 (Khandallah: $1,170,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $867,000. 2 sold in the last twelve months. The highest sale in 2026 was 14 Madras Street, at $1,150,000.
The council values Madras Street's 85 rated properties between $560,000 and $1,740,000. The middle half sit between about $799,000 and $1,183,000; the median is $960,000 and the mean $1,005,647.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 2 | $790k | 0 | — |
| 2 | 12 | $640k | 0 | — |
| 3 | 37 | $910k | 0 | — |
| 4 | 23 | $1.06m | 1 | — |
| 5+ | 9 | $1.39m | 1 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Madras Street's median council value is 18% below Khandallah's.
| Madras Street | Khandallah | Wellington | |
|---|---|---|---|
| Median council value | $960k | $1.17m | $900k |
| Sold in the last 12 months | 2.2% | 3.7% | 1.7% |
| Time between sales | 13.2 yrs | 11.3 yrs | 10.5 yrs |
| Median section | 609 m² | 577 m² | 569 m² |
| Median year built | 1960 | 1960 | 1970 |
| Council value per m² of floor | $6k | $6k | $6k |
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 | 2 | $1,075,000 | $4,886 |
| 2025 | 2 | $917,500 | $6,936 |
| 2024 | 3 | $977,000 | $6,715 |
| 2023 | 2 | $845,000 | $6,050 |
| 2022 | 2 | $1,070,875 | $7,586 |
| 2021 | 4 | $1,628,000 | $9,151 |
| 2020 | 6 | $1,065,000 | $7,241 |
| 2019 | 3 | $727,000 | $4,847 |
| 2018 | 9 | $870,000 | $6,600 |
| 2017 | 2 | $680,000 | $4,783 |
| 2016 | 5 | $980,000 | $4,130 |
Madras Street has 72 houses, 12 units and townhouses, 2 sections and 2 apartments. More were built in the 1960s than in any other decade (20%).
Homes on Madras Street that resold in the last five years had been held a median 13.2 years (Khandallah: 11.3 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.
Every street in Khandallah, 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.