Estimate $797k – $1.01m
3
1/1 The Moorings, Two Mile Bay
10 properties sold · Taupō
Property sold in Two Mile Bay, Taupō
Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites sold in Two Mile Bay, Taupō in the last twelve months, latest first, with the price where it is public beside the council valuation.
$930kmedian sale, last 12 months · 11 sales · up 15%
$848kmedian council valuation
6.9 yrsmedian time between sales
8for sale now
10 properties sold in the last 12 months in Two Mile Bay
Estimate $834k – $1.06m
4
54 Tremaine Avenue, Two Mile Bay
Estimate $621k – $787k
2
32 Tremaine Avenue, Two Mile Bay
Estimate $471k – $597k
1
5/300 Lake Terrace, Two Mile Bay
Estimate $732k – $928k
4
23 Kereru Street, Two Mile Bay
Estimate $1.61m – $2.04m
3
3/287 Lake Terrace, Two Mile Bay
Estimate $1.03m – $1.30m
4
2/18 Pipi Street, Two Mile Bay
Estimate $1.89m – $2.40m
5
22B Pipi Street, Two Mile Bay
Finding a picture…
Estimate $518k – $657k
2
2/7 Kereru Street, Two Mile Bay
Finding a picture…
Estimate $520k – $660k
2
1/7 Kereru Street, Two Mile Bay
About Two Mile Bay
Homes sold for a median $5,962 per square metre of floor over the last twelve months. Homes in Two Mile Bay change hands every 6.9 years on median, against 6.8 across Taupō and 7.9 nationally. About 2.9% of its homes sold in the last twelve months.
Two Mile Bay house prices over time
Median sale price by year, all homes; 2026 is the year so far. Two Mile Bay's median sale price over the last twelve months was $930k, across 11 sales, up 15% on the twelve months before. Across Taupō it was $850k.
Sales by year as a table
| Year | Sales | Median price | Per m² floor | Per m² land (est.) | Taupō median |
|---|---|---|---|---|---|
| 2026 | 8 | $939,500 | $5,653 | $596 | $865,000 |
| 2025 | 15 | $810,000 | $5,926 | $630 | $860,000 |
| 2024 | 11 | $747,500 | $5,750 | $1,726 | $843,750 |
| 2023 | 9 | $926,000 | $7,000 | $568 | $830,000 |
| 2022 | 18 | $842,500 | $6,875 | $833 | $900,000 |
| 2021 | 21 | $755,000 | $5,944 | $799 | $765,000 |
| 2020 | 25 | $650,000 | $4,152 | $394 | $580,000 |
| 2019 | 25 | $495,000 | $4,120 | $383 | $510,000 |
| 2018 | 16 | $540,000 | $4,227 | $320 | $461,000 |
| 2017 | 27 | $413,000 | $4,318 | $435 | $415,000 |
| 2016 | 27 | $400,000 | $2,946 | $352 | $350,000 |
Estimated value, month by month
Our model's median estimate for homes in Two Mile Bay, down 2% over the last twelve months. An automated estimate, not a registered valuation.
Prices by bedrooms in Two Mile Bay
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale | Per m² floor |
|---|---|---|---|---|---|
| 1 | 16 | $570k | 1 | — | $10,000 |
| 2 | 60 | $680k | 3 | — | $8,306 |
| 3 | 149 | $875k | 3 | — | $5,916 |
| 4 | 68 | $955k | 3 | — | $5,126 |
| 5+ | 33 | $1.15m | 1 | — | $3,996 |
Price per square metre
Homes in Two Mile Bay sold for a median $5,962 per square metre of floor over the last twelve months, land included (Taupō: $5,588); the land under houses sold for an estimated $596 per square metre (Taupō: $583). 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.
$5,962per m² of floor, land included, sales in the last 12 months
$596per m² of land, estimated from house sales in the last 12 months
$5,929per m² of floor, council capital values
$616per m² of land, council land values of houses
Recent sales in Two Mile Bay
- 1/1 The Moorings$930,00029 May 2026 · 3 bed · 156 m² floor · 437 m² land
- 54 Tremaine Avenue$949,0002 May 2026 · 4 bed · 190 m² floor · 1,012 m² land
- 32 Tremaine Avenue$710,00017 Apr 2026 · 2 bed · 123 m² floor · 827 m² land
- 5/300 Lake Terrace$515,00031 Mar 2026 · 1 bed · 55 m² floor
- 23 Kereru Street$830,00024 Mar 2026 · 4 bed · 150 m² floor · 811 m² land
- 3/287 Lake Terrace$1,800,0005 Mar 2026 · 3 bed · 120 m² floor
- 2/18 Pipi Street$1,100,0002 Feb 2026 · 4 bed · 262 m² floor · 927 m² land
- 22B Pipi Street$2,150,00020 Jan 2026 · 5 bed · 417 m² floor · 1,624 m² land
- 2/7 Kereru Street$600,0004 Dec 2025 · 2 bed · 62 m² floor
- 1/7 Kereru Street$600,0006 Nov 2025 · 2 bed · 80 m² floor
- 10/287 Lake Terrace$1,905,00023 Oct 2025 · 3 bed · 122 m² floor
- 38 Tremaine Avenue$960,00015 Sept 2025 · 3 bed · 260 m² floor · 997 m² land
How long owners stay in Two Mile Bay
Homes in Two Mile Bay change hands every 6.9 years on median, against 6.8 across Taupō and 7.9 nationally.
6.9 yearsmedian time between sales, Two Mile Bay
6.8 yearsTaupō
7.9 yearsNew Zealand
2.9%of homes sold in the last 12 months (Taupō: 3.3%)
By kind: houses 6.8 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 Two Mile Bay
About 846 people lived in Two Mile Bay at the 2023 census (up 2% since 2018); their median age was about 43 (Taupō: 44); 67% of households owned their home (Taupō: 72%).
846people, 2023 (2018: 831)
43median age, about (Taupō: 44)
$91kmedian household income, about (Taupō: $95k)
67%of households own their home (2018: 64%)
Age
- 30-64 years47%
- Under 15 years19%
- 65 years and over19%
- 15-29 years14%
Households
- One-family household (with or without other people)68%
- One-person household28%
- Other multi-person household2%
- Two-family household (with or without other people)2%
- Three or more family household (with or without other people)0%
Ethnicity
- European82%
- Māori24%
- Asian6%
- Pacific Peoples4%
- Other Ethnicity2%
- Middle Eastern/Latin American/African1%
Where people were born
- New Zealand82%
- United Kingdom and Ireland5%
- Asia4%
- Europe (excl United Kingdom and Ireland)3%
- Middle East and Africa3%
- Australia2%
- North America1%
- Pacific Islands1%
Household income
- $100,001-$150,00025%
- $30,001-$50,00015%
- $70,001-$100,00015%
- $150,001-$200,00012%
- $20,000 or less10%
- $200,001 or more9%
- $50,001-$70,0008%
- $20,001-$30,0007%
Dwellings
- Separate house78%
- Joined dwelling20%
- Non-private dwelling2%
- Other private dwelling0%
Highest qualification
- Bachelor degree and Level 7 qualification14%
- No qualification13%
- Level 2 certificate13%
- Level 4 certificate13%
- Level 3 certificate12%
- Level 1 certificate10%
- Level 6 diploma7%
- Level 5 diploma6%
Stats NZ Census 2023 and 2018, summed over the census areas inside Two Mile Bay. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.
Real estate agents selling in Two Mile Bay
15 agents have been credited on a sale or a live listing in Two Mile Bay in the last two years. Those with the most:
- Alisa ElsleyBayleys Taupo3 sales here
- Alison WhittleBayleys Taupo3 sales here
- Sacha PocockSothebys International Realty Taupo Rotorua Lakes District3 sales here
- James NottageRay White Taupo3 sales here
- Abbie TreloarReal Estate Taupo2 sales here
- Clare BayleyBayleys Taupo2 sales here
- Grant BayleyBayleys Taupo2 sales here
- Kylie SargisonRay White Taupo2 sales here
- Rachel ThomasRay White Taupo2 sales here
- Tina BakerSothebys International Realty Taupo Rotorua Lakes District1 sale here
- Leanne HallSothebys International Realty Taupo Rotorua Lakes District1 sale here
- Andrew BlewettHarcourts Taupo1 sale here
Offices in Two Mile Bay
All 15 real estate agents in Two Mile Bay, 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 Two Mile Bay
1building consents in the last 12 months ($60k of work)
- 26 Tremaine Avenue1 Mar 2026 · Building consentA new 14.8m long retaining wall with a maximum retained
Search building consents in Two Mile Bay 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 Two Mile Bay
About property sold in Two Mile Bay, Taupō
Every property in Two Mile Bay, Taupō, 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: Phillip Capper from Wellington, New Zealand, CC BY 2.0, via Wikimedia Commons (licence).