Estimate $831k – $1.17m
4
48B Rata Road, Makarora
5 properties sold · Wānaka
Property sold in Makarora, Wānaka
Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites sold in Makarora, Wānaka in the last twelve months, latest first, with the price where it is public beside the council valuation.
$670kmedian sale, last 12 months · 5 sales
$560kmedian council valuation
2for sale now
5 properties sold in the last 12 months in Makarora
Estimate $350k – $482k
1
27 Kiwi Street, Makarora
Estimate $558k – $786k
5390 Makarora-Lake Hawea Road, Makarora
Finding a picture…
Estimate $367k – $505k
1
5086 Makarora-Lake Hawea Road, Makarora
Estimate $926k – $1.30m
4
23 Rata Road, Makarora
About Makarora
Homes sold for a median $5,050 per square metre of floor over the last twelve months. About 4.3% of its homes sold in the last twelve months.
Schools zoned for Makarora
- Makarora Primary Schoolprimary · Years 1-8
Makarora house prices over time
Median sale price by year, all homes; 2026 is the year so far. Makarora's median sale price over the last twelve months was $670k, across 5 sales. Across Wānaka it was $1.45m.
Sales by year as a table
| Year | Sales | Median price | Per m² floor | Per m² land (est.) | Wānaka median |
|---|---|---|---|---|---|
| 2026 | 3 | — | — | — | $1,503,000 |
| 2025 | 5 | $600,000 | $6,139 | $259 | $1,325,000 |
| 2024 | 1 | — | — | — | $1,260,000 |
| 2023 | 5 | $400,000 | $4,651 | $265 | $1,250,000 |
| 2021 | 2 | — | — | — | $851,000 |
| 2020 | 3 | — | — | — | $825,000 |
| 2019 | 4 | — | — | — | $775,000 |
| 2018 | 2 | — | — | — | $772,500 |
| 2017 | 3 | — | — | — | $630,000 |
| 2016 | 8 | $148,000 | $2,574 | $83 | $540,000 |
Estimated value, month by month
Our model's median estimate for homes in Makarora, up 4% over the last twelve months. An automated estimate, not a registered valuation.
Prices by bedrooms in Makarora
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale | Per m² floor |
|---|---|---|---|---|---|
| 2 | 18 | $485k | 0 | — | $8,379 |
| 3 | 27 | $700k | 0 | — | $6,000 |
| 4 | 5 | $920k | 2 | — | $5,055 |
Price per square metre
Homes in Makarora sold for a median $5,050 per square metre of floor over the last twelve months, land included (Wānaka: $8,568); the land under houses sold for an estimated $137 per square metre (Wānaka: $1,041). 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.
$5,050per m² of floor, land included, sales in the last 12 months
$137per m² of land, estimated from house sales in the last 12 months
$6,966per m² of floor, council capital values
$287per m² of land, council land values of houses
Recent sales in Makarora
- 48B Rata Road$762,0003 Jun 2026 · 4 bed · 151 m² floor · 2,840 m² land
- 27 Kiwi Street$385,00022 Mar 2026 · 1 bed · 24 m² floor · 1,012 m² land
- 5390 Makarora-Lake Hawea Road$670,00016 Jan 2026 · 19,769 m² land
- 5086 Makarora-Lake Hawea Road$380,00012 Nov 2025 · 1 bed · 70 m² floor · 1,012 m² land
- 23 Rata Road$1,020,00029 Oct 2025 · 4 bed · 202 m² floor · 13,556 m² land
- 24A Kiwi Street$270,00015 Sept 2025 · 1,012 m² land
- 22B Kiwi Street$600,00030 Apr 2025 · 70 m² floor · 1,012 m² land
- 2 Wilkin Road$1,000,00020 Mar 2025 · 3 bed · 146 m² floor · 15,323 m² land
- 48B Rata Road$958,50027 Sept 2024 · 4 bed · 151 m² floor · 2,840 m² land
- 5 Kiwi Street$720,00024 Nov 2023 · 3 bed · 136 m² floor · 1,012 m² land
- 68 School Road$350,0007 Sept 2023 · 3 bed · 80 m² floor · 1,014 m² land
- 17 Rata Road$400,0001 Jun 2023 · 3 bed · 86 m² floor · 1,820 m² land
How long owners stay in Makarora
6.0 yearsWānaka
7.9 yearsNew Zealand
4.3%of homes sold in the last 12 months (Wānaka: 5.3%)
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 Makarora
About 102 people lived in Makarora at the 2023 census; their median age was about 43 (Wānaka: 42); 64% of households owned their home (Wānaka: 71%).
102people, 2023
43median age, about (Wānaka: 42)
$72kmedian household income, about (Wānaka: $117k)
64%of households own their home (2018: 64%)
Age
- 30-64 years53%
- Under 15 years18%
- 65 years and over18%
- 15-29 years12%
Households
- One-family household (with or without other people)58%
- One-person household25%
- Other multi-person household8%
- Two-family household (with or without other people)0%
- Three or more family household (with or without other people)0%
Ethnicity
- European94%
- Māori9%
- Asian3%
- Other Ethnicity3%
- Middle Eastern/Latin American/African3%
- Pacific Peoples0%
Where people were born
- New Zealand79%
- United Kingdom and Ireland6%
- Other3%
- Australia3%
- North America3%
- Asia0%
- Pacific Islands0%
- Middle East and Africa0%
Household income
- $50,001-$70,00025%
- $70,001-$100,00025%
- $30,001-$50,00017%
- $100,001-$150,00017%
- $20,000 or less8%
- $20,001-$30,0008%
- $200,001 or more0%
- $150,001-$200,0000%
Dwellings
- Separate house75%
- Other private dwelling13%
- Non-private dwelling6%
- Joined dwelling0%
Highest qualification
- Level 1 certificate19%
- Bachelor degree and Level 7 qualification15%
- Level 2 certificate12%
- Level 3 certificate12%
- Level 4 certificate12%
- Level 6 diploma8%
- Masters degree4%
- Level 5 diploma4%
Stats NZ Census 2023 and 2018, summed over the census areas inside Makarora. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.
Real estate agents selling in Makarora
5 agents have been credited on a sale or a live listing in Makarora in the last two years. Those with the most:
- Tessa SilcockHarcourts Wanaka2 sales here
- Todd SoperBayleys Wanaka1 sale here
- Woodrow RossBayleys Wanaka1 sale here
- Lucille ClarkeLJ Hooker Wanaka1 sale here
- Scott RobertsMetcalfe Real Estate1 sale here
All 5 real estate agents in Makarora, 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 Makarora
5building consents in the last 12 months ($2.9m of work)
- 13 Wilkin Road12 Jun 2026 · Building consentConstruction of new woolshed - Mt Albert Station Woolshed
- 24B Kiwi Street17 Feb 2026 · Building consentNew 3 Bedroom dwelling built on a new section in the Makarora
- 2 Wilkin Road8 Dec 2025 · Building consentAlt dwg & to detached gge to sleepout / office
- 28 Nov 2025 · Building consentConstruction of residential unit and attached pole shed
- 5747 Makarora-Lake Hawea Road18 Nov 2025 · Building consentAlteration to existing dwelling, including solid fuel burner installation
Search building consents in Makarora 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 Makarora
About property sold in Makarora, Wānaka
Every property in Makarora, Wānaka, 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: Eleanor T on Unsplash (licence).