Back 118 Renall Street
Off Market

118 Renall Street

Masterton Wellington

2
1
84 m²
1013 m²
House
Connie Stewart AREINZConnie Stewart AREINZ, last sold this property on 11 May 2026 after 90 days on market.

Overview

Well Located Home with Investment Upside

This solid, permanent material home is set in a popular and well connected location, within easy reach of Westside schooling and rail transport and offers opportunity for first home buyers, developers and investors with a price guide of mid $400,000. Inside, the dwelling offers a light-filled kitchen and dining area, flowing through to an adjacent sunny lounge. Accommodation includes two double bedrooms, both with built in wardrobes and a tidy bathroom with a shower over the bath. Character charm is evident throughout, highlighted by timber floors and inviting front and rear porches, complemented by upgraded wiring. A wood burner and heat pump provide efficient heating, and the home meets Healthy Homes requirements. Currently tenanted, the property offers immediate income with a tenant who is keen to stay on. Outdoors, the expansive grounds are fenced with mature trees and plantings and are supported by a garden shed and woodshed. With its well-regarded location, large section and underlying potential, this property presents a compelling opportunity for investors, particularly those considering subdivision or development.

Features

2 bedrooms
1 bathroom
84 m² floor area
1013 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Masterton over the last 12 months, the estimated median property value of 118 Renall Street is $525k.

Median value
$525k
Estimated value range
$347.5k - $602.5k
Median days on market
51
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Masterton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 118 Renall Street

2026
Sold
11 May 2026 by Connie Stewart AREINZ, of New Zealand Sotheby's International Realty - Greytown
2024
Rented
Undisclosed
Leased on 16 Apr 2024 by Harcourts Masterton (Hamill Realty Limited)
2020
Sold
$435,000
09 Sep 2020 by Shannon Hemi, of Harcourts Masterton (Hamill Realty Limited)

Happy sellers in Masterton

67%
67% of sellers in Masterton reported that their sale price either exceeded or met their price expectations.

Masterton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 59 reviews in Masterton over the last 12 months.

Local market activity for 2 bedroom houses in Masterton

In the last 12 months, 11 two-bedroom houses similar to 118 Renall Street, have been sold.

This represents a 33% decrease in two-bedroom houses sales when compared to the previous 12 months.

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