Street viewNot listedThe Terrace in Te Aro has 147 properties, valued by the council between $490,000 and $2,690,000 with a median of $900,000 (Te Aro: $1,045,000). More of its homes were built in the 1900s than in any other decade. We estimate its homes at a median $844,000. The last sale we have was in March 2021, for $3,500,000.
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AerialNot listedThe council values The Terrace's 21 rated properties between $490,000 and $2,690,000. The middle half sit between about $705,000 and $1,340,000; the median is $900,000 and the mean $1,064,762.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 3 | $490k | 0 | — |
| 2 | 8 | $745k | 0 | — |
| 3 | 4 | $975k | 0 | — |
| 4 | 4 | $990k | 0 | — |
| 5+ | 2 | $1.99m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
The Terrace's median council value is 14% below Te Aro's.
| The Terrace | Te Aro | Wellington | |
|---|---|---|---|
| Median council value | $900k | $1.04m | $900k |
| Median section | 294 m² | 342 m² | 569 m² |
| Median year built | 1910 | 1920 | 1970 |
| Council value per m² of floor | $8k | $7k | $6k |
The Terrace has 71 apartments, 57 houses and 5 units and townhouses. More were built in the 1900s than in any other decade (38%).
Every street in Te Aro, 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.