




8 Wavell Crescent, Masterton, Masterton
Key Facts
8 Wavell Crescent in Masterton is a residential dwelling with 2 bedrooms, 1 bathroom and 2 car parks. Built in 1964, the home offers 70m² of floor space on a 639m² freehold section. Property highlights include Walk to Lake and Hospital and Comprehensive Heating and Insulation. It is a full site, on level ground.
By state school zone, children here can enrol at Lakeview School, covering primary and intermediate schooling.
Its 2023 government valuation puts the CV at $400,000, with $205,000 in land value and $195,000 in improvement value. Along Wavell Crescent, the median government CV of properties is about $470,000.
Updated on October 9, 2026
Property highlights
- Walk to Lake and Hospital
Henley Lake, Masterton Hospital, medical centre, and First Street shops in easy walking distance.
- Comprehensive Heating and Insulation
Two heat pumps, logburner, underfloor insulation, and ceiling insulation.
- 639sqm Freehold Section
639sqm level site, sunny outdoor patio, glasshouse, two garden sheds, lockable lean-to.
- 1960s Build with Modern Kitchen
1964 single-level construction, modern updated kitchen, two bedrooms.
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Roof: Average
Roof: Iron
?Questions about this home
AI-generated from property data — for reference only
What school zones is this property in?
The property is zoned for Lakeview School, offering walking-distance primary schooling from Year 1 to Year 8 just 180 metres away. Nearby out-of-zone options include Makoura College, St Patrick's School, and St Matthew's Collegiate within a 2.6 km radius.
What is the sales history of this property?
The most recent listing record for the property is from September 2026.
What are the CV and land details?
The property has a 2023 rating valuation of $400,000, reflecting a 5% increase from 2020, with land value accounting for $205,000. It is a Freehold residential dwelling built in the 1960s with a 70m² floor area on a level 639m² site.
What transport and amenities are nearby?
Daily conveniences are close at hand, with Lake Dairy & Takeaway just a 3-minute walk away. For wider travel and grocery needs, Masterton Train Station is located 2.35 km away, alongside New World Masterton at 1.34 km.
What is the neighbourhood like?
The Wavell Crescent neighborhood features a median government CV of $470,000, with most homes valued under $500,000. The area is composed entirely of Freehold properties, predominantly consisting of 3-bedroom family homes.






