39 properties · Ngaio, Wellington

Karamu Street, Ngaio

Karamu Street in Ngaio has 39 properties, valued by the council between $500,000 and $1,810,000 with a median of $910,000 (Ngaio: $950,000). Most of its homes were built in the 1930s. We estimate its homes at a median $855,000. 2 sold in the last twelve months. The highest sale in 2026 was 40 Karamu Street, at $878,000.

$910kmedian council valuation
$855kour median estimate
2sold in the last 12 months
1930median year built
WellingtonNgaio ×Karamu Street ×

40 properties on Karamu Street, Ngaio

Highest and lowest on Karamu Street

Highest-valued home36 Karamu Street$1,810,000council valuation · 5 bed · 300 m² floor · 1,106 m² land
Lowest-valued home13 Karamu Street$500,000council valuation · 2 bed · 59 m² floor · 483 m² land
Highest sale in 202640 Karamu Street$878,000sold 17 Apr 2026 · 4 bed · 138 m² floor · 748 m² land

Property values on Karamu Street

The council values Karamu Street's 39 rated properties between $500,000 and $1,810,000. The middle half sit between about $790,000 and $1,136,000; the median is $910,000 and the mean $962,821.

Lowest: $500k$500kLowest10%: $702k20%: $782k20%30%: $798k40%: $852k40%Median: $910k60%: $986k60%70%: $1.11m80%: $1.16m80%90%: $1.24mHighest: $1.81m$1.81mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
28$665k0—
317$860k1—
412$1.13m1—
5+2$1.66m0—

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

Karamu Street compared with Ngaio

Karamu Street's median council value is 4% below Ngaio's.

Karamu StreetNgaioWellington
Median council value$910k$950k$900k
Sold in the last 12 months5.1%3.1%1.7%
Time between sales11.1 yrs10.6 yrs10.5 yrs
Median section632 m²591 m²569 m²
Median year built193019601970
Council value per m² of floor$7k$7k$6k

Karamu 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: too few sales to say (1 sale)2017: too few sales to say (1 sale)20172019: $1.15m (2 sales)$1.15m2020: too few sales to say (1 sale)20202021: too few sales to say (1 sale)2022: $815k (4 sales)20222023: too few sales to say (1 sale)2024: $960k (3 sales)20242025: $1.2m (2 sales)$1.2m2026: $872k (2 sales, this year so far)$872k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$871,500$7,506
20252$1,199,000$7,438
20243$960,000$7,836
20231$1,106,500$6,706
20224$815,000$9,362
20211$1,125,000$12,097
20201$912,000$8,071
20192$1,150,000$5,490
20171$640,000$7,111
20161$809,000$5,862

Recent sales on Karamu Street

The homes on Karamu Street

Karamu Street has 39 houses. Most were built in the 1930s (54%).

1910s: 1 (1 home)11910s1920s: 7 (7 homes)1920s1930s: 21 (21 homes)211930s1950s: 1 (1 home)1950s1960s: 1 (1 home)1960s1970s: 1 (1 home)1970s1980s: 1 (1 home)1980s2000s: 6 (6 homes)62000s

How long owners stay on Karamu Street

Homes on Karamu Street that resold in the last five years had been held a median 11.1 years (Ngaio: 10.6 years).

Time between a home's sales, for 12 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 Karamu Street

4building consents in the last 5 years
  • 14 Karamu Street1 Feb 2025 · Building consentRbw - building a new 7 three-storey terrace house, including three or four bedrooms, three bathrooms, one kitchen, one dining, one living, & one gge. New driveway & lot 1 to 7 to have detention
  • 8 Karamu Street1 Jul 2022 · Building consentPartial re-clad of two-storey, detached dwg.
  • 10C Karamu Street1 Feb 2022 · Building consentR3 - partial re-clad to semi-detached dwg 10c
  • 10B Karamu Street1 Feb 2022 · Building consentR3 - partial re-clad to semi-detached dwg 10b

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