AerialNot listedPunga Grove in Lake Kaniere has 17 properties, valued by the council between $165,000 and $615,000 with a median of $390,000 (Lake Kaniere: $427,500). More of its homes were built in the 1990s than in any other decade. We estimate its homes at a median $495,500. The last sale we have was in August 2023, for $410,000.
AerialNot listedThe council values Punga Grove's 16 rated properties between $165,000 and $615,000. The middle half sit between about $223,750 and $437,500; the median is $390,000 and the mean $355,313.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 3 | $400k | 0 | — |
| 3 | 4 | $438k | 0 | — |
| 4 | 2 | $590k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Punga Grove's median council value is 9% below Lake Kaniere's.
| Punga Grove | Lake Kaniere | Hokitika | |
|---|---|---|---|
| Median council value | $390k | $428k | $390k |
| Median section | 620 m² | 1,012 m² | 1,012 m² |
| Median year built | 1990 | 1980 | 1970 |
| Council value per m² of floor | $4k | $5k | $3k |
Punga Grove has 12 houses and 5 sections. More were built in the 1990s than in any other decade (33%).
Every street in Lake Kaniere, and the suburb's house prices and sales.
Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.