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  1. Home
  2. Property
  3. Sold
  4. Palmerston North
  5. Rongotea
  6. 506 Penny Road
Estimate

506 Penny Road, Rongotea, Palmerston North

HomesEstimate: $645K - $715K
  • -
  • -

Property details

Ownership type (Council record)
Freehold
Land area (Council record)
67780m² more or less
View type (Council record)
Other
Decade built (Council record)
2020s
Contour (Council record)
Level
Capital value (CV) (Council record)
$620,000
Land value
$550,000
Improvement value
$70,000
Certificate of title
1166779 Certificate of title
Legal description
LOT 1 DP 599941
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Property estimateCapital valueTrends

HomesEstimate

Updated: 20 Aug 2026

$645K - $715K

What is the HomesEstimate?

RentEstimate

Not yet available

Rental yield

What is rental yield?

These are computer-generated price estimates.
To understand your home’s value, get an appraisal from a local agent.
Estimated value history for 506 Penny Road, Rongotea, Palmerston North
DateThis homeThis suburb
7 August 2025 $575K
21 August 2025 $580K
4 September 2025 $580K
18 September 2025 $585K
2 October 2025 $575K
16 October 2025 $590K (range $520K to $655K) $580K
30 October 2025 $590K (range $535K to $645K) $575K
13 November 2025 $565K (range $505K to $625K) $580K
27 November 2025 $570K (range $510K to $630K) $580K
11 December 2025 $575K (range $510K to $640K) $580K
25 December 2025 $575K (range $520K to $630K) $580K
8 January 2026 $570K (range $515K to $630K) $580K
22 January 2026 $575K (range $510K to $640K) $580K
5 February 2026 $575K (range $530K to $615K) $585K
19 February 2026 $570K (range $505K to $630K) $585K
5 March 2026 $570K (range $515K to $620K) $585K
19 March 2026 $580K (range $530K to $630K) $585K
2 April 2026 $575K (range $535K to $615K) $585K
16 April 2026 $565K (range $525K to $605K) $585K
30 April 2026 $560K (range $505K to $615K) $585K
14 May 2026 $565K (range $515K to $620K) $585K
28 May 2026 $555K (range $505K to $605K) $580K
11 June 2026 $555K (range $510K to $605K) $585K
25 June 2026 $560K (range $500K to $625K) $580K
9 July 2026 $490K (range $445K to $535K) $585K
23 July 2026 $490K (range $445K to $540K) $580K
6 August 2026 $495K (range $445K to $540K) $580K
20 August 2026 $495K (range $450K to $545K) $585K
3 September 2026 $495K (range $450K to $545K)
Capital value
$620K
Capital value updated
01 Jul 2025
Land value
$550K
Improvement value
$70K

Sale history timeline

  1. 01 July 2025
    Capital Value

    $620,000

  2. 01 July 2022
    Capital Value

    $750,000

  3. 14 December 2017
    Sold

    $800,000

    S11
  4. 11 May 2012
    Sold

    $670,000

    S11
  5. 15 October 1993
    Sold

    $N/A

    S13
  6. 01 January 2020
    Decade built

    2020

Local Schools

All (0) Primary (0) Intermediate (0) Secondary (0)

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.

Nearby Sold Properties

Sold
9 Tyne Street, Rongotea, Rongotea
Sold: 03 Jul 2026
9 Tyne Street, Rongotea, Rongotea
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SOLD: $670,000
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0 Fairfield Road, Rongotea, Rongotea
Sold: 04 Jun 2026
0 Fairfield Road, Rongotea, Rongotea
  • -
  • 0
SOLD: $385,000
Sold
6 Sterling Lane, Rongotea, Rongotea
Sold: 20 May 2026
6 Sterling Lane, Rongotea, Rongotea
  • 4
  • 2
SOLD: $930,000
Sold
0 Penny Road, Rongotea
Sold: 07 May 2026
0 Penny Road, Rongotea
  • 4
  • 2
SOLD: $400,000
Sold
10 Avon Street, Rongotea, Rongotea
Sold: 28 Apr 2026
10 Avon Street, Rongotea, Rongotea
  • 4
  • 2
SOLD: $555,000
Sold
3 Medway Street, Rongotea, Rongotea
Sold: 27 Mar 2026
3 Medway Street, Rongotea, Rongotea
  • 4
  • 2
SOLD: $640,000
Sold
2465 State Highway 1, Rongotea
Sold: 25 Mar 2026
2465 State Highway 1, Rongotea
  • 4
  • 2
SOLD: $795,000
Sold
414 Waitohi Road, Rongotea, Palmerston North
Sold: 24 Feb 2026
414 Waitohi Road, Rongotea, Palmerston North
  • 3
  • 2
SOLD: $870,000
Sold
16 Humber Street, Rongotea, Rongotea
Sold: 23 Feb 2026
16 Humber Street, Rongotea, Rongotea
  • 4
  • 1
SOLD: $600,000
Sold
28A Thames Street, Rongotea, Rongotea
Sold: 26 Jan 2026
28A Thames Street, Rongotea, Rongotea
  • -
  • 0
SOLD: $558,000
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