Estimate $1.41m – $2.10m
3
83 Spencer Road, Lake Tarawera
6 properties sold · Rotorua
Property sold in Lake Tarawera, Rotorua
Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites sold in Lake Tarawera, Rotorua in the last twelve months, latest first, with the price where it is public beside the council valuation.
$1.25mmedian sale, last 12 months · 7 sales · level
$1.2mmedian council valuation
13.5 yrsmedian time between sales
9for sale now
6 properties sold in the last 12 months in Lake Tarawera
About Lake Tarawera
Homes sold for a median $10,660 per square metre of floor over the last twelve months. Homes in Lake Tarawera change hands every 13.5 years on median, against 8.5 across Rotorua and 7.9 nationally. About 1.4% of its homes sold in the last twelve months.
Schools zoned for Lake Tarawera
- John Paul Collegesecondary · Years 7-15
- Rotorua Boys' High Schoolsecondary · Years 9-15
- Rotorua Girls' High Schoolsecondary · Years 9-15
- Rotorua Lakes High Schoolsecondary · Years 9-15
Lake Tarawera house prices over time
Median sale price by year, all homes; 2026 is the year so far. Lake Tarawera's median sale price over the last twelve months was $1.25m, across 7 sales, level on the twelve months before. Across Rotorua it was $625k.
Sales by year as a table
| Year | Sales | Median price | Per m² floor | Per m² land (est.) | Rotorua median |
|---|---|---|---|---|---|
| 2026 | 2 | — | — | — | $637,500 |
| 2025 | 11 | $1,200,000 | $9,228 | $653 | $612,000 |
| 2024 | 11 | $1,600,000 | $11,019 | $829 | $609,000 |
| 2023 | 6 | $1,415,000 | $8,507 | $492 | $619,000 |
| 2022 | 11 | $1,400,000 | $10,476 | $693 | $642,756 |
| 2021 | 18 | $1,187,500 | $7,904 | $496 | $618,750 |
| 2020 | 20 | $1,125,000 | $10,000 | $465 | $500,000 |
| 2019 | 13 | $800,000 | $5,000 | $345 | $449,000 |
| 2018 | 17 | $745,000 | $6,275 | $401 | $400,000 |
| 2017 | 11 | $750,000 | $4,868 | $290 | $350,000 |
| 2016 | 25 | $680,000 | $4,488 | $362 | $300,000 |
Estimated value, month by month
Our model's median estimate for homes in Lake Tarawera, up 1% over the last twelve months. An automated estimate, not a registered valuation.
Prices by bedrooms in Lake Tarawera
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale | Per m² floor |
|---|---|---|---|---|---|
| 1 | 8 | $725k | 0 | — | $19,750 |
| 2 | 50 | $985k | 1 | — | $14,340 |
| 3 | 155 | $1.14m | 2 | — | $9,934 |
| 4 | 139 | $1.42m | 3 | — | $7,231 |
| 5+ | 40 | $1.92m | 0 | — | $7,365 |
Price per square metre
Homes in Lake Tarawera sold for a median $10,660 per square metre of floor over the last twelve months, land included (Rotorua: $4,870); the land under houses sold for an estimated $1,088 per square metre (Rotorua: $364). A sale price is not split between land and house, so the land figure gives the land the council's share of each sale — the land value as a part of the capital value at the last revaluation.
$10,660per m² of floor, land included, sales in the last 12 months
$1,088per m² of land, estimated from house sales in the last 12 months
$8,846per m² of floor, council capital values
$548per m² of land, council land values of houses
Recent sales in Lake Tarawera
- 83 Spencer Road$1,360,00027 Feb 2026 · 3 bed · 110 m² floor · 1,027 m² land
- 249 Spencer Road$2,700,0006 Feb 2026 · 4 bed · 246 m² floor · 1,214 m² land
- 567 Spencer Road$1,250,00019 Dec 2025 · 1,057 m² land
- 85 Spencer Road$2,675,00011 Dec 2025 · 4 bed · 151 m² floor · 1,019 m² land
- 80-82 Spencer Road$1,200,00020 Nov 2025 · 2 bed · 116 m² floor · 2,851 m² land
- 458 Spencer Road$1,135,00012 Nov 2025 · 3 bed · 123 m² floor
- 541 Spencer Road$1,010,0008 Oct 2025 · 4 bed · 223 m² floor · 941 m² land
- 240 Spencer Road$1,500,0002 Sept 2025 · 5 bed · 186 m² floor · 1,036 m² land
- 547 Spencer Road$1,300,0006 Apr 2025 · 2 bed · 106 m² floor · 1,123 m² land
- 536 Spencer Road$435,0007 Mar 2025 · 1,341 m² land
- 19C Te Mu Road$1,200,00027 Feb 2025 · 4 bed · 200 m² floor · 2,016 m² land
- 228 Spencer Road$1,150,00026 Feb 2025 · 3 bed · 120 m² floor · 1,214 m² land
How long owners stay in Lake Tarawera
Homes in Lake Tarawera change hands every 13.5 years on median, against 8.5 across Rotorua and 7.9 nationally.
13.5 yearsmedian time between sales, Lake Tarawera
8.5 yearsRotorua
7.9 yearsNew Zealand
1.4%of homes sold in the last 12 months (Rotorua: 2.9%)
By kind: houses 11.6 years.
Time between a home's sales, for homes that resold in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.
Who lives in Lake Tarawera
About 240 people lived in Lake Tarawera at the 2023 census (down 10% since 2018); their median age was about 58 (Rotorua: 38); 87% of households owned their home (Rotorua: 64%).
240people, 2023 (2018: 267)
58median age, about (Rotorua: 38)
$93kmedian household income, about (Rotorua: $89k)
87%of households own their home (2018: 82%)
Age
- 30-64 years49%
- 65 years and over30%
- Under 15 years11%
- 15-29 years10%
Households
- One-family household (with or without other people)69%
- One-person household29%
- Other multi-person household6%
- Two-family household (with or without other people)0%
- Three or more family household (with or without other people)0%
Ethnicity
- European93%
- Māori10%
- Asian5%
- Middle Eastern/Latin American/African1%
- Other Ethnicity0%
- Pacific Peoples0%
Where people were born
- New Zealand81%
- United Kingdom and Ireland10%
- Asia3%
- North America3%
- Europe (excl United Kingdom and Ireland)1%
- Other0%
- Australia0%
- Pacific Islands0%
Household income
- $100,001-$150,00023%
- $30,001-$50,00014%
- $200,001 or more14%
- $20,000 or less11%
- $150,001-$200,00011%
- $50,001-$70,0009%
- $20,001-$30,0006%
- $70,001-$100,0006%
Dwellings
- Separate house89%
- Joined dwelling7%
- Non-private dwelling4%
- Other private dwelling2%
Highest qualification
- Bachelor degree and Level 7 qualification17%
- Level 2 certificate12%
- Level 6 diploma10%
- Level 1 certificate10%
- Level 4 certificate10%
- No qualification9%
- Post-graduate and honours degrees9%
- Level 3 certificate7%
Stats NZ Census 2023 and 2018, summed over the census areas inside Lake Tarawera. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.
Real estate agents selling in Lake Tarawera
8 agents have been credited on a sale or a live listing in Lake Tarawera in the last two years. Those with the most:
- Jenny DonneBayleys Rotorua4 sales here
- Norman DonaldRay White Rotorua3 sales here
- Timothy O'SullivanRay White Rotorua3 sales here
- Brooke WoodArizto2 sales here
- Kurt BakerBower Real Estate Papamoa / Mt Maunganui1 sale here
- Lisa SwneyBower Real Estate BOP1 sale here
- Anita MartelliRay White Rotorua1 sale here
- Shona DuncanNew Zealand Sotheby's International Realty and Rotorua Lakes District1 sale here
All 8 real estate agents in Lake Tarawera, with their recent sales and which agencies sell the suburb.
Counted from sales records that name the agent, and from current listings. A count of activity, not a rating.
Building and resource consents in Lake Tarawera
65building consents in the last 12 months ($3.85m of work)
- 1 Aug 2026 · Building consentNew dwg
- 179 Spencer Road1 Jul 2026 · Building consentConnect to council sewer
- 594 Spencer Road1 Jul 2026 · Building consentConnect to council sewer
- 245 Spencer Road1 Jun 2026 · Building consentConnect to council sewer
- 2 Rangiuru Bay Road1 Jun 2026 · Building consentConnect to council sewer
Search building consents in Lake Tarawera and see Stats NZ's count of new homes there.
Sales and valuations as at 18 September 2026, from council and LINZ records. Figures resting on fewer than 5 sales are not shown.
Property sold by street in Lake Tarawera
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About property sold in Lake Tarawera, Rotorua
Every property in Lake Tarawera, Rotorua, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.
Sales come from the council valuation roll and the listings that preceded them. Each opens on the property’s own page, with its full sales history, our estimate of its value today and its title.
Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.
Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.
Header photo: Koon Chakhatrakan on Unsplash (licence).