
Nicholson Road in Khandallah has 121 properties, valued by the council between $270,000 and $3,230,000 with a median of $1,310,000 (Khandallah: $1,170,000). More of its homes were built in the 1930s than in any other decade. We estimate its homes at a median $1,180,000. 4 sold in the last twelve months, for a median $940,000. The highest sale in 2026 was 79 Nicholson Road, at $1,010,000.
























The council values Nicholson Road's 117 rated properties between $270,000 and $3,230,000. The middle half sit between about $1,050,000 and $1,614,000; the median is $1,310,000 and the mean $1,346,581.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 2 | $1.12m | 0 | — |
| 2 | 1 | $1.22m | 0 | — |
| 3 | 30 | $1.09m | 3 | $930k |
| 4 | 49 | $1.47m | 0 | — |
| 5+ | 26 | $1.64m | 1 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Nicholson Road's median council value is 12% above Khandallah's.
| Nicholson Road | Khandallah | Wellington | |
|---|---|---|---|
| Median council value | $1.31m | $1.17m | $900k |
| Median sale, last 12 months | $940k | $1.06m | $875k |
| Sold in the last 12 months | 2.5% | 3.7% | 1.7% |
| Time between sales | 7.6 yrs | 11.3 yrs | 10.5 yrs |
| Median section | 650 m² | 577 m² | 569 m² |
| Median year built | 1950 | 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 | 3 | $950,000 | $4,769 |
| 2025 | 6 | $1,192,000 | $6,281 |
| 2024 | 4 | $1,007,000 | $5,786 |
| 2023 | 6 | $1,401,500 | $5,882 |
| 2022 | 2 | $1,460,000 | $8,769 |
| 2021 | 4 | $2,170,000 | $8,711 |
| 2020 | 5 | $990,000 | $6,602 |
| 2019 | 3 | $925,000 | $5,467 |
| 2018 | 5 | $1,109,000 | $4,796 |
| 2017 | 11 | $921,000 | $5,577 |
| 2016 | 12 | $947,500 | $4,586 |
Nicholson Road has 111 houses, 7 sections and 2 apartments. More were built in the 1930s than in any other decade (19%).
Homes on Nicholson Road that resold in the last five years had been held a median 7.6 years (Khandallah: 11.3 years).
Time between a home's sales, for 19 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.