44 properties · Khandallah, Wellington

Punjab Street, Khandallah

Punjab Street in Khandallah has 44 properties, valued by the council between $730,000 and $2,710,000 with a median of $1,090,000 (Khandallah: $1,170,000). More of its homes were built in the 1940s than in any other decade. We estimate its homes at a median $1,010,000. 3 sold in the last twelve months, for a median $1,410,000. The highest sale in 2026 was 25A Punjab Street, at $1,660,000.

$1.09mmedian council valuation
$1.01mour median estimate
$1.41mmedian sale, last 12 months · 3 sales
1970median year built
WellingtonKhandallah ×Punjab Street ×

44 properties on Punjab Street, Khandallah

Highest and lowest on Punjab Street

Highest-valued home30 Punjab Street$2,710,000council valuation · 5 bed · 633 m² floor · 683 m² land
Lowest-valued home19 Punjab Street$730,000council valuation · 2 bed · 80 m² floor · 220 m² land
Highest sale in 202625A Punjab Street$1,660,000sold 28 Jan 2026 · 5 bed · 300 m² floor · 563 m² land

Property values on Punjab Street

The council values Punjab Street's 41 rated properties between $730,000 and $2,710,000. The middle half sit between about $1,000,000 and $1,455,000; the median is $1,090,000 and the mean $1,243,171.

Lowest: $730k$730kLowest10%: $830k20%: $970k20%30%: $1.03m40%: $1.06m40%Median: $1.09m60%: $1.17m60%70%: $1.36m80%: $1.55m80%90%: $1.75mHighest: $2.71m$2.71mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
12$1.0m0—
21$730k0—
316$1.02m0—
413$1.23m2—
5+9$1.7m1—

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

Punjab Street compared with Khandallah

Punjab Street's median council value is 7% below Khandallah's.

Punjab StreetKhandallahWellington
Median council value$1.09m$1.17m$900k
Median sale, last 12 months$1.41m$1.03m$875k
Sold in the last 12 months6.8%3.7%1.6%
Time between sales7.9 yrs11.2 yrs10.5 yrs
Median section500 m²580 m²570 m²
Median year built197019601970
Council value per m² of floor$7k$6k$6k

Punjab Street 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: $785k (6 sales)$785k2017: too few sales to say (1 sale)20172018: $983k (4 sales)2019: too few sales to say (1 sale)20192020: $1.13m (3 sales)2021: too few sales to say (1 sale)20212022: $2.11m (2 sales)$2.11m2024: too few sales to say (1 sale)20242025: $1.38m (4 sales)2026: $1.53m (2 sales, this year so far)$1.53m2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$1,535,000$5,692
20254$1,375,000$7,588
20241$1,200,000$6,452
20222$2,107,500$9,974
20211$1,325,000$14,722
20203$1,133,750$8,276
20191$1,253,000$6,737
20184$983,000$5,322
20171$855,000$5,552
20166$785,000$4,671

Recent sales on Punjab Street

The homes on Punjab Street

Punjab Street has 41 houses and 2 apartments. More were built in the 1940s than in any other decade (44%).

1940s: 18 (18 homes)181940s1950s: 1 (1 home)1950s1960s: 1 (1 home)1960s1970s: 2 (2 homes)1970s1980s: 1 (1 home)1980s1990s: 5 (5 homes)1990s2000s: 10 (10 homes)2000s2010s: 3 (3 homes)32010s

How long owners stay on Punjab Street

Homes on Punjab Street that resold in the last five years had been held a median 7.9 years (Khandallah: 11.2 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.

Building and resource consents on Punjab Street

5building consents in the last 5 years
1resource consents in the last 5 years
  • 15 Punjab Street1 May 2025 · Building consentR2 - alterations to two storey detached dwg. New strutting beam & bracing.
  • 19A Punjab Street1 Feb 2025 · Building consentR1 - minor works - drainage alterations.
  • 6 Punjab Street1 Oct 2024 · Building consentR2 - alt to two-storey detached dwg. Convert subfloor space to additional living area.
  • 6 Punjab Street1 Mar 2024 · Building consentR1 - new retaining wall in the rear yard
  • 33 Punjab Street1 Mar 2023 · Building consentR3 - alterations & additions to detached dwg. Includes reclad, reroof & extension
  • 6 Punjab Street15 Oct 2024 · Resource consentSubdivision: Three lot subdivision around an 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.