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  1. Home
  2. Property
  3. Sold
  4. Wellington
  5. Island Bay
  6. 123 Melbourne Road
Estimate

123 Melbourne Road, Island Bay, Wellington

HomesEstimate: $1.09M - $1.27M
  • 4 Beds
  • 1 Bath

Property details

Ownership type (Council record)
Freehold
Floor Area (Council record)
160m² more or less
Land area (Council record)
441m² more or less
Bedrooms (Council record)
4 Bedrooms
Bathrooms (Council record)
1 Bathroom
Has deck (Council record)
Yes
View type
Other
Decade built
1920s
Wall material
Fibrous cement, including flat or corrugated sheets and sidings
Roof material
Tiles, including all materials with a tile profile
Building footprint
160m² more or less
Contour
Steep rise
Capital value (CV)
$440,000
Land value
$440,000
Certificate of title
1250541 Certificate of title
Legal description
LOT 1 DP 620434 LOT 3 DP 2470
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Property estimateCapital valueTrends

HomesEstimate

Updated: 20 Aug 2026

$1.09M - $1.27M

What is the HomesEstimate?

RentEstimate

Updated: 02 Jun 2026

$560 - $770 /week

Rental yield

2.9%

What is rental yield?

These are computer-generated price estimates.
To understand your home’s value, get an appraisal from a local agent.

Sale history timeline

  1. 01 May 2025
    Consent issued
    R3 - new two storey detached dwg using sip panels.
  2. 01 September 2024
    Capital Value

    $440,000

  3. 06 April 2023
    Sold

    $875,000

    S11
  4. 01 September 2021
    Capital Value

    $1,370,000

  5. 01 September 2018
    Capital Value

    $840,000

  6. 01 September 2015
    Capital Value

    $580,000

  7. 01 September 2012
    Capital Value

    $520,000

  8. 01 January 1920
    Decade built

    1920

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.

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61A Severn Street, Island Bay, Wellington
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Properties for sale around Island Bay

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10 Avon Street, Island Bay, Wellington

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  • 1
Price by negotiation
10 Avon Street, Island Bay, Wellington, Wellington

10 Avon Street, Island Bay, Wellington

  • 3
  • 1
Price by negotiation
10 Avon Street, Island Bay, Wellington, Wellington

10 Avon Street, Island Bay, Wellington

  • 3
  • 1
Price by negotiation
10 Avon Street, Island Bay, Wellington, Wellington

10 Avon Street, Island Bay, Wellington

  • 3
  • 1
Auction on 16 Oct
10 Avon Street, Island Bay, Wellington, Wellington
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