359 properties · Lake Tarawera, Rotorua

Spencer Road, Lake Tarawera

Spencer Road in Lake Tarawera has 359 properties, valued by the council between $75,000 and $4,190,000 with a median of $1,150,000 (Lake Tarawera: $1,200,000). More of its homes were built in the 1980s than in any other decade. We estimate its homes at a median $1,270,000. 7 sold in the last twelve months, for a median $1,250,000. The highest sale in 2026 was 249 Spencer Road, at $2,700,000.

$1.15mmedian council valuation
$1.27mour median estimate
$1.25mmedian sale, last 12 months · 7 sales
1980median year built
RotoruaLake Tarawera ×Spencer Road ×

359 properties on Spencer Road, Lake Tarawera

Highest and lowest on Spencer Road

Highest-valued home303-305 Spencer Road$4,190,000council valuation · 5 bed · 370 m² floor · 4.51 ha land
Lowest-valued home63 Spencer Road$75,000council valuation · 1,162 m² land
Highest sale in 2026249 Spencer Road$2,700,000sold 6 Feb 2026 · 4 bed · 246 m² floor · 1,214 m² land

Property values on Spencer Road

The council values Spencer Road's 348 rated properties between $75,000 and $4,190,000. The middle half sit between about $920,000 and $1,932,500; the median is $1,150,000 and the mean $1,448,845.

Lowest: $75k$75kLowest10%: $697k20%: $860k20%30%: $980k40%: $1.07m40%Median: $1.15m60%: $1.42m60%70%: $1.78m80%: $2.09m80%90%: $2.63mHighest: $4.19m$4.19mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
18$725k0—
243$900k1—
3122$1.1m2—
499$1.42m3$2.67m
5+32$2.06m0—

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

Spencer Road compared with Lake Tarawera

Spencer Road's median council value is 4% below Lake Tarawera's.

Spencer RoadLake TaraweraRotorua
Median council value$1.15m$1.2m$580k
Median sale, last 12 months$1.25m$1.25m$625k
Sold in the last 12 months1.9%1.4%2.9%
Time between sales15.9 yrs13.5 yrs8.5 yrs
Median section1,214 m²1,304 m²844 m²
Median year built198019801970
Council value per m² of floor$9k$9k$5k

Spencer 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: $710k (20 sales)$710k20162017: $750k (9 sales)2018: $744k (16 sales)20182019: $813k (8 sales)2020: $1.44m (16 sales)20202021: $1.19m (16 sales)2022: $1.3m (7 sales)20222023: $1.14m (4 sales)2024: $1.6m (11 sales)20242025: $1.23m (10 sales)2026: $2.03m (2 sales, this year so far)$2.03m2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$2,030,000$11,670
202510$1,225,000$9,405
202411$1,600,000$11,019
20234$1,142,500$7,725
20227$1,300,000$12,008
202116$1,187,500$7,904
202016$1,440,000$10,181
20198$812,500$5,671
201816$743,500$6,142
20179$750,000$5,035
201620$710,000$4,747

Recent sales on Spencer Road

The homes on Spencer Road

Spencer Road has 340 houses, 17 sections and 2 units and townhouses. More were built in the 1980s than in any other decade (24%).

1900s: 1 (1 home)11940s: 1 (1 home)1940s1950s: 39 (39 homes)1960s: 29 (29 homes)1960s1970s: 58 (58 homes)1980s: 74 (74 homes)741980s1990s: 50 (50 homes)2000s: 36 (36 homes)2000s2010s: 14 (14 homes)2020s: 4 (4 homes)42020s

How long owners stay on Spencer Road

Homes on Spencer Road that resold in the last five years had been held a median 15.9 years (Lake Tarawera: 13.5 years).

Time between a home's sales, for 31 resales in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Building and resource consents on Spencer Road

216building consents in the last 5 years

Spencer Road in other suburbs

More streets in Lake Tarawera

Every street in Lake Tarawera, 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.