170 properties · Thorndon, Wellington

Mulgrave Street, Thorndon

Mulgrave Street in Thorndon has 170 properties, valued by the council between $190,000 and $1,320,000 with a median of $355,000 (Thorndon: $850,000). Most of its homes were built in the 1990s. We estimate its homes at a median $343,000. 3 sold in the last twelve months, for a median $435,000. The highest sale in 2026 was 28/43 Mulgrave Street, at $395,000.

$355kmedian council valuation
$343kour median estimate
$435kmedian sale, last 12 months · 3 sales
1990median year built
WellingtonThorndon ×Mulgrave Street ×

139 properties on Mulgrave Street, Thorndon

Highest and lowest on Mulgrave Street

Highest-valued home112/43 Mulgrave Street$1,320,000council valuation · 3 bed · 142 m² floor
Lowest-valued home19 Mulgrave Street$190,000council valuation · 1 bed · 19 m² floor
Highest sale in 202628/43 Mulgrave Street$395,000sold 14 Mar 2026 · 1 bed · 50 m² floor

Property values on Mulgrave Street

The council values Mulgrave Street's 159 rated properties between $190,000 and $1,320,000. The middle half sit between about $218,000 and $465,000; the median is $355,000 and the mean $375,126.

Lowest: $190k$190kLowest10%: $204k20%: $216k20%30%: $220k40%: $325k40%Median: $355k60%: $407k60%70%: $440k80%: $490k80%90%: $540kHighest: $1.32m$1.32mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
1121$315k2—
231$520k1—
37$670k0—

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

Mulgrave Street compared with Thorndon

Mulgrave Street's median council value is 58% below Thorndon's.

Mulgrave StreetThorndonWellington
Median council value$355k$850k$900k
Median sale, last 12 months$435k$856k$875k
Sold in the last 12 months1.8%2.6%1.7%
Time between sales17.4 yrs10.4 yrs10.5 yrs
Median year built199019701970
Council value per m² of floor$8k$8k$6k

Mulgrave 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: $198k (3 sales)$198k2018: $225k (7 sales)20182019: $305k (5 sales)2020: $283k (4 sales)20202021: $565k (14 sales)$565k2022: $424k (11 sales)20222023: $420k (13 sales)2024: $231k (8 sales)20242025: $418k (9 sales)$418k2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$395,000$7,900
20259$418,000$8,611
20248$231,000$9,683
202313$420,000$8,400
202211$424,000$9,463
202114$565,000$11,700
20204$283,000$7,261
20195$305,000$6,980
20187$225,000$5,122
20163$198,000$4,340

Recent sales on Mulgrave Street

The homes on Mulgrave Street

Mulgrave Street has 167 apartments and 1 house. Most were built in the 1990s (69%).

1990s: 109 (109 homes)1091990s2000s: 50 (50 homes)502000s

How long owners stay on Mulgrave Street

Homes on Mulgrave Street that resold in the last five years had been held a median 17.4 years (Thorndon: 10.4 years).

Time between a home's sales, for 38 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.

Mulgrave Street 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.