103 properties · Newlands, Wellington

Stewart Drive, Newlands

Stewart Drive in Newlands has 103 properties, valued by the council between $450,000 and $1,110,000 with a median of $800,000 (Newlands: $800,000). Most of its homes were built in the 1970s. We estimate its homes at a median $768,500. 5 sold in the last twelve months, for a median $750,000. The highest sale in 2026 was 26 Stewart Drive, at $890,000.

$800kmedian council valuation
$769kour median estimate
$750kmedian sale, last 12 months · 5 sales
1970median year built
WellingtonNewlands ×Stewart Drive ×

103 properties on Stewart Drive, Newlands

Highest and lowest on Stewart Drive

Highest-valued home12 Stewart Drive$1,110,000council valuation · 3 bed · 210 m² floor · 514 m² land
Lowest-valued home3/10 Stewart Drive$450,000council valuation · 1 bed · 68 m² floor
Highest sale in 202626 Stewart Drive$890,000sold 2 Apr 2026 · 4 bed · 186 m² floor · 479 m² land

Property values on Stewart Drive

The council values Stewart Drive's 92 rated properties between $450,000 and $1,110,000. The middle half sit between about $680,000 and $860,000; the median is $800,000 and the mean $781,250.

Lowest: $450k$450kLowest10%: $590k20%: $630k20%30%: $730k40%: $780k40%Median: $800k60%: $820k60%70%: $840k80%: $880k80%90%: $940kHighest: $1.11m$1.11mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
12$660k0—
221$620k1—
345$810k0—
421$860k4$797k
5+2$1.05m0—

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

Stewart Drive compared with Newlands

Stewart Drive's median council value is about the same as Newlands's.

Stewart DriveNewlandsWellington
Median council value$800k$800k$900k
Median sale, last 12 months$750k$816k$875k
Sold in the last 12 months4.9%3.5%1.7%
Time between sales9.6 yrs9.1 yrs10.5 yrs
Median section504 m²534 m²569 m²
Median year built197019701970
Council value per m² of floor$6k$6k$6k

Stewart Drive 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: too few sales to say (1 sale)20162017: $565k (5 sales)$565k2018: $570k (3 sales)20182019: $596k (2 sales)2020: $710k (7 sales)20202021: $1.13m (7 sales)$1.13m2022: too few sales to say (1 sale)20222023: $628k (6 sales)2024: $808k (6 sales)20242025: $792k (4 sales)2026: $843k (3 sales, this year so far)$843k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20263$843,000$5,282
20254$792,000$5,661
20246$807,500$7,392
20236$627,500$7,088
20221$815,000$7,277
20217$1,130,000$7,902
20207$710,000$5,833
20192$596,000$5,468
20183$570,000$5,182
20175$565,000$4,308
20161$550,000$4,231

Recent sales on Stewart Drive

The homes on Stewart Drive

Stewart Drive has 76 houses, 12 apartments and 9 units and townhouses. Most were built in the 1970s (52%).

1950s: 1 (1 home)11950s1960s: 26 (26 homes)1960s1970s: 48 (48 homes)481970s1980s: 5 (5 homes)1980s1990s: 3 (3 homes)1990s2000s: 6 (6 homes)2000s2010s: 1 (1 home)2010s2020s: 2 (2 homes)22020s

How long owners stay on Stewart Drive

Homes on Stewart Drive that resold in the last five years had been held a median 9.6 years (Newlands: 9.1 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.

Building and resource consents on Stewart Drive

3resource consents in the last 5 years
  • 2/10 Stewart Drive17 May 2023 · Resource consentSubdivision: final stage of unit title subdivision of existing building
  • 69 Stewart Drive17 Feb 2022 · Resource consentSubdivision: Two lot subdivision around existing dwellings
  • 3/10 Stewart Drive4 Nov 2021 · Resource consentLand use: New household unit

Stewart Drive in other suburbs

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