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198 Marama Avenue North Otatara, 9879


198 Marama Avenue North , Otatara, 9879
bed4
bathroom2
car2
land1.4 ha
floor400 m2
Property Type
Lifestyle
Year Built
1950
Last Sold on 20 Dec 2025 for $9,850,000
Settlement Date
23 Jan 2026
Sold By
-
Settlement Date
23 Jan 2026
Sold By
-

Estimated Value Range  


An estimate of value is not currently available for this property. There could be insufficient property information or recent sales data. The property could be out of scope (e.g. non-residential, highly unique, rural) or the estimate cannot be determined with high enough confidence.

About 198 Marama Avenue North, Otatara, Invercargill, 9879

198 Marama Avenue North, Otatara, Invercargill, 9879 is a Lifestyle property built in 1950 with 4 bedrooms, 2 bathrooms and 2 parking spaces. Due to insufficient data, the value of the property cannot be estimated.

The property last sold on 20 December 2025 for $9,850,000. On 1 July 2023, 198 Marama Avenue North, Otatara, Invercargill, 9879 had a Rating Valuation with a Capital Value of $970,000, Land Value of $260,000 and Improvement Value of $710,000.

Property History

DateTypePriceAgent/Agency
20 Dec 2025SOLD$9,850,000
27 Feb 2022SOLD$995,000
24 Feb 2022ASKING PRICE$998,000John Brown of Professionals Invercargill, (Licensed: Reaa 2008)
3 Dec 2014SOLD$577,000Dave Penny of Locations
20 Oct 2014ASKING PRICE$595,000Dave Penny of Locations
16 Feb 2014ASKING PRICE$595,000Daryl Spence of Mike Pero Real Estate Reaa (2008)
20 Sep 2012SOLD$540,000
30 Jul 2011DEADLINE PRIVATE TREATY$535,000Brendan Mason of Ray White Ellis Sutton Realty
14 Feb 1991SOLD$145,000
Present Day
20 Dec
2025
Sold for $9,850,000
9 months 19 days
27 Feb
2022
Sold for $995,000
4 years 7 months 12 days
24 Feb
2022
Asking Price — $998,000
Listed by John Brown of Professionals Invercargill, (Licensed: Reaa 2008)
3 Dec
2014
Sold for $577,000
11 years 10 months 6 days
Sold by Dave Penny of Locations
20 Oct
2014
Asking Price — $595,000
Listed by Dave Penny of Locations
16 Feb
2014
Asking Price — $595,000
Listed by Daryl Spence of Mike Pero Real Estate Reaa (2008)
20 Sep
2012
Sold for $540,000
14 years 19 days
30 Jul
2011
Deadline Private Treaty — $535,000
Listed by Brendan Mason of Ray White Ellis Sutton Realty
14 Feb
1991
Sold for $145,000
35 years 7 months 25 days
1950
Property Built

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Rating Valuation

Capital Value
$970,000
Land Value
$260,000
Improvement Value
$710,000
Legal Description(s)

Lot 56 Block I Deposited Plan 1045

Valuation Date
01-07-2023
Valuation Reference
29570/3100

Additional Information

Roof Construction
Steel/G-Iron
Zone
Multi-use or Reserve Land Zone X, 0X
Units of Use
1
Wall Construction
Brick
Maori Land
No
Territorial Authority
Invercargill City
Land Use
Single Unit - Lifestyle

Suburb Insights

Comparable Properties

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