70 properties · Lake Okareka, Rotorua

Okareka Loop Road, Lake Okareka

Okareka Loop Road in Lake Okareka has 70 properties, valued by the council between $170,000 and $2,790,000 with a median of $980,000 (Lake Okareka: $1,130,000). More of its homes were built in the 1980s than in any other decade. We estimate its homes at a median $1,090,000. 4 sold in the last twelve months, for a median $1,177,500. The highest sale in 2026 was 19 Okareka Loop Road, at $1,400,000.

$980kmedian council valuation
$1.09mour median estimate
$1.18mmedian sale, last 12 months · 4 sales
1980median year built
RotoruaLake Okareka ×Okareka Loop Road ×

74 properties on Okareka Loop Road, Lake Okareka

Highest and lowest on Okareka Loop Road

Highest-valued home55 Okareka Loop Road$2,790,000council valuation · 4 bed · 228 m² floor · 1,462 m² land
Lowest-valued home60 Okareka Loop Road$170,000council valuation · 5 bed · 1,019 m² land
Highest sale in 202619 Okareka Loop Road$1,400,000sold 8 Apr 2026 · 5 bed · 254 m² floor · 1,011 m² land

Property values on Okareka Loop Road

The council values Okareka Loop Road's 65 rated properties between $170,000 and $2,790,000. The middle half sit between about $885,000 and $1,301,000; the median is $980,000 and the mean $1,178,615.

Lowest: $170k$170kLowest10%: $786k20%: $868k20%30%: $902k40%: $956k40%Median: $980k60%: $1.06m60%70%: $1.17m80%: $1.43m80%90%: $2.02mHighest: $2.79m$2.79mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
28$865k0—
329$965k1—
417$1.1m0—
5+9$1.41m3$1.4m

Council rating valuations: the council's figure for apportioning rates, not a market appraisal.

Okareka Loop Road compared with Lake Okareka

Okareka Loop Road's median council value is 13% below Lake Okareka's.

Okareka Loop RoadLake OkarekaRotorua
Median council value$980k$1.13m$580k
Median sale, last 12 months$1.18m$1.32m$620k
Sold in the last 12 months4.3%3.4%2.9%
Median section1,019 m²1,050 m²842 m²
Median year built198019801970
Council value per m² of floor$7k$7k$5k

Okareka Loop Road house prices over time

Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.

2016: $800k (6 sales)$800k20162017: $475k (3 sales)2018: too few sales to say (1 sale)20182019: $715k (5 sales)2020: $845k (4 sales)20202021: $1.1m (2 sales)2022: $1.25m (4 sales)20222023: $1.06m (2 sales)2024: too few sales to say (1 sale)20242025: $565k (2 sales)2026: $1.4m (2 sales, this year so far)$1.4m2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$1,400,000$5,512
20252$565,000$4,775
20241$880,000$5,333
20232$1,060,000$10,234
20224$1,250,000$7,540
20212$1,102,500$8,447
20204$845,000$3,921
20195$715,000$4,839
20181$425,000$5,312
20173$475,000$3,158
20166$800,000$4,319

Recent sales on Okareka Loop Road

The homes on Okareka Loop Road

Okareka Loop Road has 64 houses, 3 units and townhouses and 1 section. More were built in the 1980s than in any other decade (21%).

1940s: 1 (1 home)11940s1950s: 10 (10 homes)1960s: 7 (7 homes)1960s1970s: 12 (12 homes)1980s: 13 (13 homes)131980s1990s: 13 (13 homes)2000s: 4 (4 homes)2000s2010s: 2 (2 homes)2020s: 1 (1 home)12020s

Building and resource consents on Okareka Loop Road

12building consents in the last 5 years

Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.