11 properties · Tawhero, Whanganui

Banks Place, Tawhero

Banks Place in Tawhero has 11 properties, valued by the council between $350,000 and $640,000 with a median of $490,000 (Tawhero: $490,000). Most of its homes were built in the 1970s. We estimate its homes at a median $492,000. The last sale we have was in July 2025, for $500,769.

$490kmedian council valuation
$492kour median estimate
1970median year built
WhanganuiTawhero ×Banks Place ×

11 properties on Banks Place, Tawhero

Highest and lowest on Banks Place

Highest-valued home6 Banks Place$640,000council valuation · 4 bed · 360 m² floor · 657 m² land
Lowest-valued home7 Banks Place$350,000council valuation · 2 bed · 100 m² floor

Property values on Banks Place

The council values Banks Place's 11 rated properties between $350,000 and $640,000. The middle half sit between about $467,500 and $585,000; the median is $490,000 and the mean $502,727.

Lowest: $350k$350kLowest10%: $360k20%: $460k20%30%: $475k40%: $475k40%Median: $490k60%: $510k60%70%: $580k80%: $590k80%90%: $600kHighest: $640k$640kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$350k0—
35$490k0—
44$533k0—
5+1$600k0—

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

Banks Place compared with Tawhero

Banks Place's median council value is about the same as Tawhero's.

Banks PlaceTawheroWhanganui
Median council value$490k$490k$480k
Median section695 m²723 m²809 m²
Median year built197019601960
Council value per m² of floor$3k$4k$4k

Banks Place house prices over time

Median sale price by year; 2025 is the year so far. A year with fewer than two sales has no bar.

2016: $250k (3 sales)$250k20162017: $244k (2 sales)20172018: $337k (2 sales)20182019: $308k (2 sales)20192020: too few sales to say (1 sale)20202021: too few sales to say (1 sale)20212023: $565k (3 sales)$565k20232025: $487k (3 sales, this year so far)$487k2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20253$486,500$2,644
20233$565,000$2,989
20211$570,000$5,044
20201$360,000$3,564
20192$308,000$2,240
20182$336,500$1,829
20172$244,000$1,838
20163$250,000$1,806

Recent sales on Banks Place

  • 15 Banks Place$500,76923 Jul 2025 · 3 bed · 105 m² floor · 758 m² land
  • 11 Banks Place$486,5001 Jul 2025 · 4 bed · 184 m² floor · 763 m² land
  • 8 Banks Place$468,00016 Mar 2025 · 3 bed · 180 m² floor · 556 m² land
  • 4 Banks Place$610,00016 Nov 2023 · 5 bed · 144 m² floor · 556 m² land
  • 1 Banks Place$370,00030 May 2023 · 4 bed · 149 m² floor · 630 m² land
  • 14 Banks Place$565,00017 Apr 2023 · 3 bed · 189 m² floor · 733 m² land
  • 10 Banks Place$570,00024 Jun 2021 · 3 bed · 113 m² floor · 556 m² land
  • 12 Banks Place$360,0009 Mar 2020 · 3 bed · 101 m² floor · 748 m² land
  • 10 Banks Place$321,00025 Sept 2019 · 3 bed · 113 m² floor · 556 m² land
  • 8 Banks Place$295,0008 Sept 2019 · 3 bed · 180 m² floor · 556 m² land
  • 11 Banks Place$353,0005 Oct 2018 · 4 bed · 184 m² floor · 763 m² land
  • 11 Banks Place$320,00013 Apr 2018 · 4 bed · 184 m² floor · 763 m² land
  • 8 Banks Place$245,00027 Aug 2017 · 3 bed · 180 m² floor · 556 m² land
  • 15 Banks Place$243,0005 May 2017 · 3 bed · 105 m² floor · 758 m² land
  • 11 Banks Place$250,00028 Nov 2016 · 4 bed · 184 m² floor · 763 m² land
  • 10 Banks Place$209,00015 Jul 2016 · 3 bed · 113 m² floor · 556 m² land
  • 4 Banks Place$260,00023 Feb 2016 · 5 bed · 144 m² floor · 556 m² land
  • 1 Banks Place$205,0003 Sept 2015 · 4 bed · 149 m² floor · 630 m² land
  • 12 Banks Place$190,0003 Aug 2009 · 3 bed · 101 m² floor · 748 m² land
  • 8 Banks Place$273,00019 Sept 2007 · 3 bed · 180 m² floor · 556 m² land

The homes on Banks Place

Banks Place has 10 houses and 1 unit or townhouse. Most were built in the 1970s (82%).

1970s: 9 (9 homes)91970s1980s: 2 (2 homes)21980s

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