Estimate $3.00m – $3.80m
21-23 The Terrace, Timaru
35 properties · Timaru, Timaru
The Terrace, Timaru
The Terrace in Timaru has 35 properties, valued by the council between $345,000 and $3,290,000 with a median of $940,000 (Timaru: $432,500). More of its homes were built in the 1980s than in any other decade. We estimate its homes at a median $900,500. 1 sold in the last twelve months.
$940kmedian council valuation
$901kour median estimate
1sold in the last 12 months
1980median year built
35 properties on The Terrace, Timaru
Estimate $2.62m – $3.49m
5
13 The Terrace, Timaru
Estimate $1.90m – $2.52m
5
11 The Terrace, Timaru
Estimate $1.97m – $2.50m
27 The Terrace, Timaru
Estimate $1.79m – $2.38m
29 The Terrace, Timaru
Estimate $1.63m – $2.17m
5
25 The Terrace, Timaru
Estimate $1.63m – $2.16m
9A The Terrace, Timaru
Estimate $1.76m – $2.22m
9 The Terrace, Timaru
$1,150,000 CV
6
16 The Terrace, Timaru
Estimate $1.16m – $1.47m
3
17 The Terrace, Timaru
$1,010,000 CV
12 The Terrace, Timaru
Estimate $822k – $1.09m
4
19 The Terrace, Timaru
Estimate $749k – $949k
3
7A The Terrace, Timaru
Estimate $750k – $951k
3
19B The Terrace, Timaru
Estimate $754k – $956k
4
19A The Terrace, Timaru
Estimate $673k – $853k
3
15B The Terrace, Timaru
Estimate $622k – $828k
3
21 The Terrace, Timaru
Estimate $614k – $779k
3
5C The Terrace, Timaru
Estimate $602k – $800k
3
5A The Terrace, Timaru
Estimate $584k – $776k
3
15A The Terrace, Timaru
Estimate $523k – $695k
3
5B The Terrace, Timaru
Estimate $358k – $476k
5 The Terrace, Timaru
$345,000 CV
14 The Terrace, Timaru
No value on record
6 The Terrace, Timaru
Highest and lowest on The Terrace
Highest sale, last 12 months16 The Terrace$770,000sold 6 Oct 2025 · 6 bed · 760 m² floor · 994 m² land
Property values on The Terrace
The council values The Terrace's 23 rated properties between $345,000 and $3,290,000. The middle half sit between about $704,000 and $1,923,000; the median is $940,000 and the mean $1,290,000.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 9 | $710k | 0 | — |
| 4 | 2 | $875k | 0 | — |
| 5+ | 4 | $2.02m | 1 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
The Terrace compared with Timaru
The Terrace's median council value is 117% above Timaru's.
| The Terrace | Timaru | Timaru | |
|---|---|---|---|
| Median council value | $940k | $433k | $495k |
| Sold in the last 12 months | 2.9% | 0.2% | 4.1% |
| Median section | 572 m² | 508 m² | 754 m² |
| Median year built | 1980 | 1960 | 1960 |
| Council value per m² of floor | $5k | $4k | $4k |
The Terrace 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.
Sales by year as a table
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2025 | 1 | $770,000 | $1,013 |
| 2024 | 3 | $880,000 | $5,176 |
| 2021 | 2 | $1,766,770 | $5,569 |
| 2020 | 1 | $1,990,000 | $7,158 |
| 2019 | 2 | $507,500 | $3,354 |
| 2018 | 1 | $655,000 | $3,853 |
| 2017 | 2 | $585,000 | $3,478 |
| 2016 | 1 | $1,608,000 | $3,122 |
Recent sales on The Terrace
- 16 The Terrace$770,0006 Oct 2025 · 6 bed · 760 m² floor · 994 m² land
- 5C The Terrace$650,00014 Aug 2024 · 3 bed · 166 m² floor
- 17 The Terrace$1,750,0509 Jul 2024 · 3 bed · 269 m² floor
- 19A The Terrace$880,00027 Mar 2024 · 4 bed · 170 m² floor · 214 m² land
- 9 The Terrace$1,933,53929 Jun 2021 · 272 m² floor · 565 m² land
- 11 The Terrace$1,600,00030 Mar 2021 · 5 bed · 397 m² floor · 1,060 m² land
- 27 The Terrace$1,990,0003 Dec 2020 · 278 m² floor · 459 m² land
- 7A The Terrace$500,00027 Jun 2019 · 3 bed · 165 m² floor · 579 m² land
- 15B The Terrace$515,00013 Feb 2019 · 3 bed · 140 m² floor
- 19B The Terrace$655,00027 Jul 2018 · 3 bed · 170 m² floor · 194 m² land
- 19B The Terrace$650,0008 Nov 2017 · 3 bed · 170 m² floor · 194 m² land
- 5C The Terrace$520,00024 Apr 2017 · 3 bed · 166 m² floor
- 21-23 The Terrace$1,608,00029 Apr 2016 · 515 m² floor · 1,608 m² land
- 21 The Terrace$260,00014 Feb 2003 · 3 bed · 110 m² floor
- 19B The Terrace$307,87525 Nov 2002 · 3 bed · 170 m² floor · 194 m² land
- 21-23 The Terrace$80,0007 Aug 2001 · 515 m² floor · 1,608 m² land
- 19A The Terrace$262,86630 Nov 2000 · 4 bed · 170 m² floor · 214 m² land
- 15A The Terrace$175,00016 Dec 1999 · 3 bed · 169 m² floor
- 19A The Terrace$24,0001 Nov 1999 · 4 bed · 170 m² floor · 214 m² land
- 19B The Terrace$24,0001 Nov 1999 · 3 bed · 170 m² floor · 194 m² land
The homes on The Terrace
The Terrace has 27 houses, 5 apartments and 3 units and townhouses. More were built in the 1980s than in any other decade (30%).
Building and resource consents on The Terrace
9building consents in the last 5 years
2resource consents in the last 5 years
- 29 The Terrace1 Jul 2026 · Building consentConstruction of dwg with attached gge - include a detached minor unit
- 5 The Terrace1 Oct 2025 · Building consentInstall woodsman Tasman mkii heater in dwg
- 11 The Terrace7 May 2024 · Building consentAMEND Dwelling Alterations (Changes to Bathroom/Hot Water Cylinder
- 11 The Terrace1 May 2024 · Building consentAmend dwg alterations (changes to bathrm/hot water cylinder location/install Firebird C26 radiator diesel heating system)
- 17 The Terrace1 Jan 2024 · Building consentFirst floor add - bedrooms & toilet
- 10 The Terrace14 Jun 2023 · Resource consentExtension Of Time to RC 102.2018.83.1
- 22 The Terrace7 Sept 2022 · Resource consentDevelopment Of A Mixed-Use Complex
More streets in Timaru
- Stafford Street137
- Grey Road76
- North Street48
- Church Street40
- Elizabeth Street25
- Bank Street22
- Theodosia Street21
- Dee Street20
- Arthur Street18
- Barnard Street18
- Sophia Street18
- Latter Street14
Every street in Timaru, and the suburb's house prices and sales.
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 The Terrace
The real estate agents credited on The Terrace 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 Timaru.
Hamish LaneBayleys Timaru1 sale on The Terrace · last Oct 2025- 16 The TerraceOct 2025 · $770k
Lewis DonaldsonNZ Sotheby's International Realty - Christchurch City1 sale on The Terrace · last Oct 2025- 16 The TerraceOct 2025 · $770k
Ricky McLeodPGG Wrightson Real Estate Limited (Timaru)1 sale on The Terrace · last Aug 2024- 5C The TerraceAug 2024 · $650k
- Julian BlanchardHarcourts Timaru1 sale on The Terrace · last Mar 2024
- 19A The TerraceMar 2024 · $880k
14 sales on The Terrace since 2016; 3 of them name an agent we can show, and the counts here are taken from those.
Every address on The Terrace
35
- 1 The Terrace
- 2 The Terrace
- 4 The Terrace
- 5A The Terrace5B The Terrace5C The Terrace5 The Terrace
- 6 The Terrace
- 7A The Terrace7 The Terrace
- 8 The Terrace
- 9A The Terrace9 The Terrace
- 10 The Terrace
- 11 The Terrace
- 12 The Terrace
- 13 The Terrace
- 14 The Terrace
- 15A The Terrace15B The Terrace
- 16 The Terrace
- 17 The Terrace
- 19A The Terrace19B The Terrace19 The Terrace
- 20 The Terrace
- 21-23 The Terrace21 The Terrace21 The Terrace
- 22 The Terrace
- 24 The Terrace
- 25 The Terrace
- 27 The Terrace
- 29 The Terrace
- 31 The Terrace
About property on The Terrace, Timaru
Every property in The Terrace, Timaru, 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: Tegan Conway on Unsplash (licence).