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Back 18 Karamea Crescent
Off Market

18 Karamea Crescent

Kelvin Grove Manawatu-Wanganui

5
2
1
108 m²
612 m²
House
Last sold for $650,000
Ash JetlyAsh Jetly, last sold this property on 21 January 2026 after 63 days on market.

Overview

HOME AND INCOME OPPORTUNITY

This is a standout opportunity in the Palmerston North property market. Freshly styled and thoughtfully laid out, this three-bedroom home delivers modern comfort, flexible living, and excellent income potential. With two dwellings on separate power meters, the property offers a combined rental return of up to $940 per week. The main residence features a spacious separate lounge, an open-plan kitchen and dining area, and the convenience of a separate shower, toilet, and laundry. Complementing the home is a fully self-contained sleepout that truly sets this property apart. Complete with its own lounge, kitchen, shower, toilet, and two rooms, it is ideal for teenagers, extended family, guests, or generating additional income. Further highlights include a single garage in the rear dwelling and a partially fenced section, perfect for young children. Conveniently located close to local schools, this property delivers space, versatility, and lifestyle appeal in a sought-after Palmerston North location. Whether you’re looking for a family home with multi-generational living options or a smart investment with strong returns, this Home and Income property offers outstanding potential.

Features

5 bedrooms
2 bathrooms
1 carspace
1 garage space
108 m² floor area
612 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Kelvin Grove over the last 12 months, the estimated median property value of 18 Karamea Crescent is $750k.

Median value
$750k
Estimated value range
$537k - $1.05m
Median days on market
40
Estimated value trend
-19%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Kelvin Grove. 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 18 Karamea Crescent

2026
Sold
$650,000
21 Jan 2026 by Ash Jetly, of Professionals Palmerston North (Unique Realty Ltd)

Happy sellers in Kelvin Grove

83%
83% of sellers in Kelvin Grove reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 43 reviews in Kelvin Grove over the last 12 months.

Local market activity for 5 bedroom houses in Kelvin Grove

In the last 12 months, 3 five-bedroom houses similar to 18 Karamea Crescent, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Kelvin Grove

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Jeremy Crosland

Sellers who recommend Jeremy Crosland have praised them for being clear communication, local expert, friendly, responsive, supportive, stress-free process and well-prepared

  •   4.9   (297 reviews)
  •  19 Reviews in Kelvin Grove
  •  14 Sales in Kelvin Grove
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Casey Jensen

Sellers who recommend Casey Jensen have praised them for being clear communication, local expert, responsive, friendly, stress-free process, easy to work with and flexible

  •   5   (156 reviews)
  •  16 Reviews in Kelvin Grove
  •  1 Sale in Kelvin Grove
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Deb Quin

Deb Quin is an award winning recommended agent for Kelvin Grove.  They have 4 local sales and collected 7 local reviews across the last 12 months.

  •   5   (106 reviews)
  •  7 Reviews in Kelvin Grove
  •  4 Sales in Kelvin Grove
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Nathan Mooney

Sellers who recommend Nathan Mooney have praised them for being clear communication, local expert, easy to work with, friendly and supportive

  •   5   (47 reviews)
  •  3 Reviews in Kelvin Grove
  •  5 Sales in Kelvin Grove
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