81 properties · Okere Falls, Rotorua

State Highway 33, Okere Falls

State Highway 33 in Okere Falls has 81 properties, valued by the council between $262,000 and $2,100,000 with a median of $635,000 (Okere Falls: $835,000). More of its homes were built in the 1950s than in any other decade. We estimate its homes at a median $675,000. 3 sold in the last twelve months, for a median $611,500.

$635kmedian council valuation
$675kour median estimate
$612kmedian sale, last 12 months · 3 sales
1960median year built
RotoruaOkere Falls ×State Highway 33 ×

81 properties on State Highway 33, Okere Falls

Highest and lowest on State Highway 33

Highest-valued home646 State Highway 33$2,100,000council valuation · 4 bed · 247 m² floor · 1,027 m² land
Lowest-valued home763 State Highway 33$262,000council valuation · 1,601 m² land
Highest sale, last 12 months735 State Highway 33$906,500sold 3 Oct 2025 · 3 bed · 167 m² floor · 1,492 m² land

Property values on State Highway 33

The council values State Highway 33's 69 rated properties between $262,000 and $2,100,000. The middle half sit between about $518,500 and $789,400; the median is $635,000 and the mean $703,681.

Lowest: $262k$262kLowest10%: $355k20%: $481k20%30%: $556k40%: $600k40%Median: $635k60%: $690k60%70%: $758k80%: $821k80%90%: $995kHighest: $2.1m$2.1mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
28$615k0—
345$635k2—
49$835k1—

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

State Highway 33 compared with Okere Falls

State Highway 33's median council value is 24% below Okere Falls's.

State Highway 33Okere FallsRotorua
Median council value$635k$835k$580k
Median sale, last 12 months$612k$907k$620k
Sold in the last 12 months3.7%1.6%2.9%
Time between sales9.2 yrs12.8 yrs8.5 yrs
Median section1,113 m²1,238 m²842 m²
Median year built196019701970
Council value per m² of floor$6k$7k$5k

State Highway 33 house prices over time

Median sale price by year; 2025 is the year so far. A year with fewer than two sales has no bar.

2016: $337k (7 sales)$337k20162017: too few sales to say (1 sale)2019: $274k (2 sales)20192020: $600k (3 sales)2021: $450k (3 sales)20212022: $861k (4 sales)$861k2023: too few sales to say (1 sale)20232024: too few sales to say (1 sale)2025: $653k (5 sales, this year so far)$653k2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20255$653,000$5,309
20241$500,000$3,571
20231$695,000$4,664
20224$860,500$11,511
20213$450,000$3,750
20203$600,000$4,393
20192$273,750$2,982
20171$1,350,000$5,466
20167$336,500$2,722

Recent sales on State Highway 33

The homes on State Highway 33

State Highway 33 has 70 houses, 6 sections and 1 unit or townhouse. More were built in the 1950s than in any other decade (26%).

1940s: 4 (4 homes)41940s1950s: 16 (16 homes)161960s: 14 (14 homes)1960s1970s: 11 (11 homes)1980s: 9 (9 homes)1980s1990s: 3 (3 homes)2000s: 3 (3 homes)2000s2010s: 1 (1 home)2020s: 1 (1 home)12020s

How long owners stay on State Highway 33

Homes on State Highway 33 that resold in the last five years had been held a median 9.2 years (Okere Falls: 12.8 years).

Time between a home's sales, for 11 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.

State Highway 33 in other suburbs

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