45 properties · Atawhai, Nelson

Rainbow Drive, Atawhai

Rainbow Drive in Atawhai has 45 properties, valued by the council between $500,000 and $1,060,000 with a median of $720,000 (Atawhai: $820,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $702,000. 5 sold in the last twelve months, for a median $700,000. The highest sale in 2026 was 11 Rainbow Drive, at $1,075,000. 1 is for sale now.

$720kmedian council valuation
$702kour median estimate
$700kmedian sale, last 12 months · 5 sales
1970median year built
1for sale now
NelsonAtawhai ×Rainbow Drive ×

45 properties on Rainbow Drive, Atawhai

Highest and lowest on Rainbow Drive

Highest-valued home11 Rainbow Drive$1,060,000council valuation · 4 bed · 236 m² floor · 1,045 m² land
Lowest-valued home1/29 Rainbow Drive$500,000council valuation · 2 bed · 100 m² floor
Highest sale in 202611 Rainbow Drive$1,075,000sold 10 Apr 2026 · 4 bed · 236 m² floor · 1,045 m² land

Property values on Rainbow Drive

The council values Rainbow Drive's 43 rated properties between $500,000 and $1,060,000. The middle half sit between about $658,000 and $765,000; the median is $720,000 and the mean $720,465.

Lowest: $500k$500kLowest10%: $580k20%: $644k20%30%: $672k40%: $700k40%Median: $720k60%: $720k60%70%: $750k80%: $780k80%90%: $856kHighest: $1.06m$1.06mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
11$710k0—
23$500k0—
322$695k2—
416$760k3$760k
5+1$950k0—

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

Rainbow Drive compared with Atawhai

Rainbow Drive's median council value is 12% below Atawhai's.

Rainbow DriveAtawhaiNelson
Median council value$720k$820k$700k
Median sale, last 12 months$700k$950k$705k
Sold in the last 12 months11.1%4.5%3.6%
Time between sales14.8 yrs10.8 yrs8.7 yrs
Median section817 m²836 m²695 m²
Median year built197019901970
Council value per m² of floor$5k$5k$5k

Rainbow Drive 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 (5 sales)$450k2017: $535k (4 sales)20172018: $530k (2 sales)2019: too few sales to say (1 sale)20192021: $813k (2 sales)2022: too few sales to say (1 sale)20222023: too few sales to say (1 sale)2024: $580k (3 sales)20242025: $837k (2 sales)$837k2026: $730k (4 sales, this year so far)$730k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20264$730,000$4,845
20252$836,750$4,909
20243$580,000$4,701
20231$740,000$3,895
20221$800,000$5,000
20212$812,500$5,259
20191$584,656$2,923
20182$530,000$4,005
20174$534,500$3,270
20165$450,000$2,867

Recent sales on Rainbow Drive

The homes on Rainbow Drive

Rainbow Drive has 40 houses and 4 units and townhouses. More were built in the 1960s than in any other decade (42%).

1930s: 1 (1 home)11930s1950s: 1 (1 home)1950s1960s: 18 (18 homes)181960s1970s: 15 (15 homes)1970s1980s: 2 (2 homes)1980s1990s: 5 (5 homes)1990s2000s: 1 (1 home)12000s

How long owners stay on Rainbow Drive

Homes on Rainbow Drive that resold in the last five years had been held a median 14.8 years (Atawhai: 10.8 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 Rainbow Drive

1building consents in the last 5 years
  • 3 Rainbow Drive1 May 2024 · Building consentInstall Woodsman Kanaku ULEB fireplace

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 Rainbow Drive

The real estate agents credited on Rainbow Drive 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 Atawhai.

  1. Amanda PalmerArizto
    2 sales on Rainbow Drive · last Jun 2026
  2. Ayla De JongSummit Real Estate Limited Richmond
    1 sale on Rainbow Drive · last Apr 2026
  3. Glyn DelanySummit Real Estate Limited Richmond
    1 sale on Rainbow Drive · last Apr 2026
  4. Seamus RyanYou Realty Limited
    1 sale on Rainbow Drive · last Mar 2025
  5. Taylor AdlamArizto
    1 sale on Rainbow Drive · last Feb 2025
  6. Brent SturmHarcourts Richmond
    1 sale on Rainbow Drive · last Feb 2024
  7. Benjamin CooperChange Real Estate
    1 sale on Rainbow Drive · last Feb 2024
  8. Alex RidsdaleRay White Richmond
    1 sale on Rainbow Drive · last May 2023
  9. Arron CoxBayleys Top of the South
    1 sale on Rainbow Drive · last Apr 2021

23 sales on Rainbow Drive since 2016; 10 of them name an agent we can show, and the counts here are taken from those.

Every address on Rainbow Drive

45

About property on Rainbow Drive, Atawhai

Every property in Rainbow Drive, Atawhai, 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: Rich Hay on Unsplash (licence).