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7 Rakiura Parade Otatara, 9879


7 Rakiura Parade , Otatara, 9879
bed3
bathroom1
car1
land1275 m2
floor130 m2
Property Type
Residential
Year Built
1963
Last Sold on 7 Oct 2025 for $610,000
Settlement Date
07 Nov 2025
Sold By
Property Brokers Limited
Settlement Date
07 Nov 2025
Sold By
Property Brokers Limited

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$550K
$600K

About 7 Rakiura Parade, Otatara, Invercargill, 9879

7 Rakiura Parade, Otatara, Invercargill, 9879 is a Residential property built in 1963 with 3 bedrooms, 1 bathroom and 1 parking space. The property is estimated to be valued in the range of $550,000 to $600,000.

The property last sold on 7 October 2025 for $610,000. It was sold by Property Brokers Limited. On 1 July 2023, 7 Rakiura Parade, Otatara, Invercargill, 9879 had a Rating Valuation with a Capital Value of $445,000, Land Value of $180,000 and Improvement Value of $265,000.

Property History

DateTypePriceAgent/Agency
7 Oct 2025SOLD$610,000
22 Sep 2025ASKING PRICE$619,000Tim Frampton of Property Brokers Invercargill, (Licensed: Reaa 2008)
14 May 2019SOLD$325,000
5 Dec 2017SOLD$300,000Tim Frampton of Professionals Invercargill (Macpherson Realty Ltd
16 Nov 2017ASKING PRICE$309,000Tim Frampton of Professionals Invercargill (Macpherson Realty Ltd
9 Nov 2015ASKING PRICE$269,000Tim Frampton of Macpherson Realty Ltd Professionals, Invercargill
30 Oct 2015SOLD$265,000Tim Frampton of Professionals Invercargill (Macpherson Realty Ltd
12 Aug 1982SOLD$45,000
Present Day
7 Oct
2025
Sold for $610,000
2 months 8 days
22 Sep
2025
Asking Price — $619,000
Listed by Tim Frampton of Property Brokers Invercargill, (Licensed: Reaa 2008)
14 May
2019
Sold for $325,000
6 years 7 months 1 day
5 Dec
2017
Sold for $300,000
8 years 10 days
Sold by Tim Frampton of Professionals Invercargill (Macpherson Realty Ltd
16 Nov
2017
Asking Price — $309,000
Listed by Tim Frampton of Professionals Invercargill (Macpherson Realty Ltd
9 Nov
2015
Asking Price — $269,000
Listed by Tim Frampton of Macpherson Realty Ltd Professionals, Invercargill
30 Oct
2015
Sold for $265,000
10 years 1 month 15 days
Sold by Tim Frampton of Professionals Invercargill (Macpherson Realty Ltd
12 Aug
1982
Sold for $45,000
43 years 4 months 3 days
1963
Property Built

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Rating Valuation

Capital Value
$445,000
Land Value
$180,000
Improvement Value
$265,000
Legal Description(s)

Lot 8 Deposited Plan 2678

Valuation Date
01-07-2023
Valuation Reference
29570/37000

Additional Information

Roof Construction
Steel/G-Iron
Zone
Residential Zone E, 9E
Units of Use
1
Wall Construction
Mix.Material
Maori Land
No
Territorial Authority
Invercargill City
Land Use
Single Unit excluding Bach

Suburb Insights

Comparable Properties

There are no similar properties in the area that are listed for sale or recently sold.