45 properties · Te Hāpara, Gisborne

Palmerston Road, Te Hāpara

Palmerston Road in Te Hāpara has 45 properties, valued by the council between $243,000 and $800,000 with a median of $560,000 (Te Hāpara: $528,000). More of its homes were built in the 1920s than in any other decade. We estimate its homes at a median $613,000. 3 sold in the last twelve months, for a median $460,000. The highest sale in 2026 was 504 Palmerston Road, at $590,000.

$560kmedian council valuation
$613kour median estimate
$460kmedian sale, last 12 months · 3 sales
1920median year built
GisborneTe Hāpara ×Palmerston Road ×

45 properties on Palmerston Road, Te Hāpara

Highest and lowest on Palmerston Road

Highest-valued home522 Palmerston Road$800,000council valuation · 3 bed · 163 m² floor · 507 m² land
Lowest-valued home520 Palmerston Road$243,000council valuation · 420 m² land
Highest sale in 2026504 Palmerston Road$590,000sold 8 May 2026 · 4 bed · 180 m² floor · 380 m² land

Property values on Palmerston Road

The council values Palmerston Road's 43 rated properties between $243,000 and $800,000. The middle half sit between about $491,300 and $621,300; the median is $560,000 and the mean $563,930.

Lowest: $243k$243kLowest10%: $455k20%: $481k20%30%: $501k40%: $532k40%Median: $560k60%: $588k60%70%: $597k80%: $645k80%90%: $711kHighest: $800k$800kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
24$532k0—
335$570k1—
43$534k2—

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

Palmerston Road compared with Te Hāpara

Palmerston Road's median council value is 6% above Te Hāpara's.

Palmerston RoadTe HāparaGisborne
Median council value$560k$528k$570k
Median sale, last 12 months$460k$600k$650k
Sold in the last 12 months6.7%3.1%3%
Time between sales8.7 yrs8.5 yrs7.6 yrs
Median section580 m²760 m²847 m²
Median year built192019501960
Council value per m² of floor$5k$5k$5k

Palmerston Road 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: $210k (9 sales)$210k20162017: $279k (5 sales)2018: $330k (2 sales)20182019: $345k (7 sales)2020: too few sales to say (1 sale)20202021: $621k (3 sales)$621k2022: $560k (3 sales)20222023: too few sales to say (1 sale)2024: too few sales to say (1 sale)20242025: too few sales to say (1 sale)2026: $460k (3 sales, this year so far)$460k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20263$460,000$3,278
20251$655,000$4,925
20241$732,000$5,083
20231$358,000$4,649
20223$560,000$5,529
20213$621,000$4,919
20201$540,111$4,501
20197$345,000$2,909
20182$330,000$2,881
20175$279,000$2,361
20169$210,000$1,671

Recent sales on Palmerston Road

The homes on Palmerston Road

Palmerston Road has 43 houses, 1 unit or townhouse and 1 section. More were built in the 1920s than in any other decade (38%).

1900s: 4 (4 homes)41900s1910s: 11 (11 homes)1910s1920s: 16 (16 homes)161920s1950s: 4 (4 homes)1950s1960s: 2 (2 homes)1960s1970s: 1 (1 home)1970s2010s: 4 (4 homes)42010s

How long owners stay on Palmerston Road

Homes on Palmerston Road that resold in the last five years had been held a median 8.7 years (Te Hāpara: 8.5 years).

Time between a home's sales, for 9 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 Palmerston Road

2building consents in the last 5 years

Palmerston Road 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.

Agents who sold on Palmerston Road

The real estate agents credited on Palmerston Road sales since 2016, most first. Selling here? These are the agents who have sold your neighbours' homes. A count of sales, not a rating. Every agent who sold in Te Hāpara.

  1. Dianne HollandBayleys Realty
    2 sales on Palmerston Road · last Sep 2025
  2. Kelly BryantRay White Gisborne
    1 sale on Palmerston Road · last Jul 2026
  3. Monica LunnyRay White Gisborne
    1 sale on Palmerston Road · last Jul 2026
  4. Aiden HollandBayleys Realty
    1 sale on Palmerston Road · last Sep 2025
  5. Scott HannahRay White Gisborne
    1 sale on Palmerston Road · last Dec 2022
  6. Kerry LowBayleys Realty
    1 sale on Palmerston Road · last Jul 2021
  7. Vicki ColeyProperty Brokers Gisborne
    1 sale on Palmerston Road · last Oct 2020

38 sales on Palmerston Road since 2016; 6 of them name an agent we can show, and the counts here are taken from those.

Every address on Palmerston Road

45

About property on Palmerston Road, Te Hāpara

Every property in Palmerston Road, Te Hāpara, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.

Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.

Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.

Header photo: L Maule, CC BY-SA 4.0, via Wikimedia Commons (licence).