Estimate $505k – $695k
2
296 Flora Road East, Makarewa
11 properties sold · Invercargill
Property sold in Makarewa, Invercargill
Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites sold in Makarewa, Invercargill in the last twelve months, latest first, with the price where it is public beside the council valuation.
$750kmedian sale, last 12 months · 17 sales · up 1%
$710kmedian council valuation
10.7 yrsmedian time between sales
6for sale now
11 properties sold in the last 12 months in Makarewa
Estimate $474k – $651k
3
71A Counsell Road, Makarewa
Estimate $976k – $1.34m
4
203 Pomona Road East, Makarewa
Estimate $601k – $826k
3
411 Flora Road East, Makarewa
Estimate $415k – $571k
3
170 Orion Road East, Makarewa
Estimate $504k – $693k
3
2066 Winton Lorneville Highway, Makarewa
Estimate $740k – $1.04m
3
5 Settlers Road, Makarewa
Estimate $809k – $1.11m
4
239 Pomona Road East, Makarewa
Estimate $700k – $963k
3
130 Flora Road East, Makarewa
Estimate $635k – $894k
4
15 King Road, Makarewa
Estimate $715k – $983k
3
70 Pomona Road East, Makarewa
About Makarewa
Three-bedroom homes sold for a median $650k and four-bedroom homes for $980k. Homes sold for a median $4,828 per square metre of floor over the last twelve months. Homes in Makarewa change hands every 10.7 years on median, against 7.2 across Invercargill and 7.9 nationally. About 2.8% of its homes sold in the last twelve months.
Nearby, inside Makarewa
- 1 park
Places from OpenStreetMap © OpenStreetMap contributors.
Schools zoned for Makarewa
- Southland Adventist Christian Schoolprimary · Years 1-8
- St John's Girls' School (Invercargill)primary · Years 1-8
- Makarewa Schoolprimary · Years 1-6
- James Hargest Collegesecondary · Years 7-15
- Verdon Collegesecondary · Years 7-15
Makarewa house prices over time
Median sale price by year, all homes; 2026 is the year so far. Makarewa's median sale price over the last twelve months was $750k, across 17 sales, up 1% on the twelve months before. Across Invercargill it was $515k.
Sales by year as a table
| Year | Sales | Median price | Per m² floor | Per m² land (est.) | Invercargill median |
|---|---|---|---|---|---|
| 2026 | 10 | $649,500 | $4,735 | $117 | $520,000 |
| 2025 | 19 | $776,000 | $4,545 | $17 | $485,000 |
| 2024 | 18 | $690,000 | $3,914 | $17 | $456,000 |
| 2023 | 9 | $900,000 | $3,933 | $16 | $440,000 |
| 2022 | 20 | $783,312 | $4,216 | $15 | $460,000 |
| 2021 | 34 | $521,600 | $2,961 | $13 | $417,125 |
| 2020 | 31 | $380,000 | $2,495 | $82 | $355,000 |
| 2019 | 15 | $490,000 | $3,021 | $18 | $305,000 |
| 2018 | 26 | $439,500 | $2,333 | $10 | $250,000 |
| 2017 | 23 | $395,000 | $2,299 | $10 | $239,100 |
| 2016 | 33 | $270,000 | $2,150 | $7 | $216,000 |
Estimated value, month by month
Our model's median estimate for homes in Makarewa, up 2% over the last twelve months. An automated estimate, not a registered valuation.
Prices by bedrooms in Makarewa
Over the last twelve months, 3-bedroom homes sold for a median $650k, 4-bedroom homes sold for a median $980k.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale | Per m² floor |
|---|---|---|---|---|---|
| 2 | 10 | $633k | 2 | — | $4,884 |
| 3 | 204 | $670k | 9 | $650k | $4,643 |
| 4 | 147 | $855k | 5 | $980k | $4,412 |
| 5+ | 12 | $950k | 0 | — | $3,042 |
Price per square metre
Homes in Makarewa sold for a median $4,828 per square metre of floor over the last twelve months, land included (Invercargill: $4,016); the land under houses sold for an estimated $38 per square metre (Invercargill: $268). A sale price is not split between land and house, so the land figure gives the land the council's share of each sale — the land value as a part of the capital value at the last revaluation.
$4,828per m² of floor, land included, sales in the last 12 months
$38per m² of land, estimated from house sales in the last 12 months
$4,188per m² of floor, council capital values
$15per m² of land, council land values of houses
Recent sales in Makarewa
- 296 Flora Road East$540,00028 Jul 2026 · 2 bed · 60 m² floor · 5.31 ha land
- 71A Counsell Road$530,00017 Jun 2026 · 3 bed · 130 m² floor · 3.1 ha land
- 203 Pomona Road East$1,100,0008 Jun 2026 · 4 bed · 270 m² floor · 5.31 ha land
- 411 Flora Road East$650,00015 May 2026 · 3 bed · 140 m² floor · 1.78 ha land
- 170 Orion Road East$450,0008 May 2026 · 3 bed · 170 m² floor · 1,037 m² land
- 2066 Winton Lorneville Highway$649,0004 Apr 2026 · 3 bed · 110 m² floor · 913 m² land
- 5 Settlers Road$870,0001 Apr 2026 · 3 bed · 164 m² floor · 1.61 ha land
- 71A Counsell Road$530,00030 Mar 2026 · 3 bed · 130 m² floor · 3.1 ha land
- 239 Pomona Road East$980,00011 Mar 2026 · 4 bed · 203 m² floor · 5.31 ha land
- 5 Settlers Road$870,00027 Feb 2026 · 3 bed · 164 m² floor · 1.61 ha land
- 130 Flora Road East$750,00022 Dec 2025 · 3 bed · 180 m² floor · 2.02 ha land
- 15 King Road$750,0005 Dec 2025 · 4 bed · 170 m² floor · 5.16 ha land
How long owners stay in Makarewa
Homes in Makarewa change hands every 10.7 years on median, against 7.2 across Invercargill and 7.9 nationally.
10.7 yearsmedian time between sales, Makarewa
7.2 yearsInvercargill
7.9 yearsNew Zealand
2.8%of homes sold in the last 12 months (Invercargill: 4.7%)
By kind: houses 16.9 years.
Time between a home's sales, for homes that resold in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.
Who lives in Makarewa
About 1,269 people lived in Makarewa at the 2023 census (up 4% since 2018); their median age was about 42 (Invercargill: 40); 91% of households owned their home (Invercargill: 71%).
1,269people, 2023 (2018: 1,215)
42median age, about (Invercargill: 40)
$109kmedian household income, about (Invercargill: $87k)
91%of households own their home (2018: 87%)
Age
- 30-64 years50%
- Under 15 years19%
- 15-29 years16%
- 65 years and over14%
Households
- One-family household (with or without other people)81%
- One-person household16%
- Two-family household (with or without other people)2%
- Other multi-person household1%
- Three or more family household (with or without other people)0%
Ethnicity
- European90%
- Māori10%
- Asian4%
- Other Ethnicity3%
- Pacific Peoples1%
- Middle Eastern/Latin American/African1%
Where people were born
- New Zealand89%
- Asia3%
- United Kingdom and Ireland3%
- Australia2%
- Europe (excl United Kingdom and Ireland)1%
- Other1%
- Middle East and Africa0%
- North America0%
Household income
- $100,001-$150,00026%
- $150,001-$200,00020%
- $70,001-$100,00016%
- $30,001-$50,00010%
- $50,001-$70,00010%
- $200,001 or more9%
- $20,001-$30,0006%
- $20,000 or less2%
Dwellings
- Separate house97%
- Joined dwelling3%
- Other private dwelling1%
- Non-private dwelling0%
Highest qualification
- No qualification16%
- Level 1 certificate15%
- Level 4 certificate15%
- Level 2 certificate13%
- Level 3 certificate12%
- Bachelor degree and Level 7 qualification11%
- Level 5 diploma6%
- Post-graduate and honours degrees5%
Stats NZ Census 2023 and 2018, summed over the census areas inside Makarewa. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.
Real estate agents selling in Makarewa
14 agents have been credited on a sale or a live listing in Makarewa in the last two years. Those with the most:
- Keith ThomasRay White Invercargill3 sales here · 1 listed now
- Sheree WilliamsSW Real Estate3 sales here
- Philip BroughRay White Invercargill2 sales here
- Darryl BrownRay White Invercargill1 sale here · 1 listed now
- Adam LoveSmart Move Real Estate1 sale here
- Hayley AitkenProperty Brokers Invercargill1 sale here
Mark ElderRaine & Horne Invercargill1 sale here
Shelley WhiteRaine & Horne Invercargill1 sale here- Brendan FordeOne Agency The Property Specialists1 sale here
- Corban PembertonProperty Brokers Invercargill1 sale here
Eileen BrookerHarcourts Invercargill1 sale here
Melanie EadeHarcourts Invercargill1 sale here
All 14 real estate agents in Makarewa, with their recent sales and which agencies sell the suburb.
Counted from sales records that name the agent, and from current listings. A count of activity, not a rating.
Building and resource consents in Makarewa
11building consents in the last 12 months ($2.4m of work)
- 140 Helena Road1 Aug 2026 · Building consentKitchen renovation & linkway between structures
- 16 Counsell Road1 Aug 2026 · Building consentNew 3 bdrm dwg with attached gge
- 111 Pomona Road East1 Jul 2026 · Building consentConstruct shed
- 146 Diana Road1 Jul 2026 · Building consentProposed additional dwg, detached gge & associated drainage
- 185 Pomona Road East1 Jun 2026 · Building consentInstall f/s firenzo lady kitchener solid fuel burner
Search building consents in Makarewa and see Stats NZ's count of new homes there.
Sales and valuations as at 18 September 2026, from council and LINZ records. Figures resting on fewer than 5 sales are not shown.
Property sold by street in Makarewa
7
About property sold in Makarewa, Invercargill
Every property in Makarewa, Invercargill, 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.
Sales come from the council valuation roll and the listings that preceded them. Each opens on the property’s own page, with its full sales history, our estimate of its value today and its title.
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: Phillip Capper from Wellington, New Zealand, CC BY 2.0, via Wikimedia Commons (licence).