348 properties · Pipitea, Wellington

Thorndon Quay, Pipitea

Thorndon Quay in Pipitea has 348 properties, valued by the council between $160,000 and $990,000 with a median of $505,000 (Pipitea: $520,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $478,000. 5 sold in the last twelve months, for a median $350,000. The highest sale in 2026 was 161 Thorndon Quay, at $640,000.

$505kmedian council valuation
$478kour median estimate
$350kmedian sale, last 12 months · 5 sales
1990median year built
WellingtonPipitea ×Thorndon Quay ×

348 properties on Thorndon Quay, Pipitea

Highest and lowest on Thorndon Quay

Highest-valued home507/107 Thorndon Quay$990,000council valuation · 4 bed · 179 m² floor
Lowest-valued home106/61 Thorndon Quay$160,000council valuation · 1 bed · 33 m² floor
Highest sale in 2026161 Thorndon Quay$640,000sold 22 Jun 2026 · 3 bed · 102 m² floor

Property values on Thorndon Quay

The council values Thorndon Quay's 218 rated properties between $160,000 and $990,000. The middle half sit between about $368,500 and $575,000; the median is $505,000 and the mean $469,771.

Lowest: $160k$160kLowest10%: $175k20%: $307k20%30%: $430k40%: $470k40%Median: $505k60%: $530k60%70%: $560k80%: $590k80%90%: $643kHighest: $990k$990kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
143$175k3$153k
273$500k1—
331$625k1—
46$735k0—
5+2$725k0—

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

Thorndon Quay compared with Pipitea

Thorndon Quay's median council value is 3% below Pipitea's.

Thorndon QuayPipiteaWellington
Median council value$505k$520k$900k
Median sale, last 12 months$350k$488k$875k
Sold in the last 12 months1.4%1.7%1.7%
Time between sales8.8 yrs9.4 yrs10.5 yrs
Median year built199019901970
Council value per m² of floor$6k$6k$6k

Thorndon Quay 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: $450k (9 sales)$450k20162017: $448k (2 sales)2018: $486k (5 sales)20182019: $538k (14 sales)2020: $576k (12 sales)20202021: $650k (5 sales)$650k2022: $521k (6 sales)20222023: $628k (6 sales)2024: $470k (3 sales)20242025: $380k (3 sales)2026: $153k (3 sales, this year so far)$153k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20263$153,000$4,955
20253$380,000$5,672
20243$470,000$5,886
20236$627,500$6,837
20226$520,590$8,164
20215$650,000$9,250
202012$575,750$6,903
201914$537,500$5,928
20185$486,000$6,329
20172$448,000$7,967
20169$450,000$4,730

Recent sales on Thorndon Quay

The homes on Thorndon Quay

Thorndon Quay has 309 apartments and 34 houses. More were built in the 1960s than in any other decade (45%).

1960s: 98 (98 homes)981960s1990s: 21 (21 homes)1990s2010s: 36 (36 homes)2010s2020s: 63 (63 homes)632020s

How long owners stay on Thorndon Quay

Homes on Thorndon Quay that resold in the last five years had been held a median 8.8 years (Pipitea: 9.4 years).

Time between a home's sales, for 21 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 Thorndon Quay

3resource consents in the last 5 years

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