31 properties · Hilltop, Taupō

Lake Terrace, Hilltop

Lake Terrace in Hilltop has 31 properties, valued by the council between $900,000 and $3,850,000 with a median of $1,970,000 (Hilltop: $760,000). More of its homes were built in the 1990s than in any other decade. We estimate its homes at a median $1,990,000. The last sale we have was in July 2022, for $2,200,000.

$1.97mmedian council valuation
$1.99mour median estimate
1990median year built
TaupōHilltop ×Lake Terrace ×

31 properties on Lake Terrace, Hilltop

Highest and lowest on Lake Terrace

Highest-valued home181 Lake Terrace$3,850,000council valuation · 4 bed · 340 m² floor · 864 m² land
Lowest-valued home173 Lake Terrace$900,000council valuation · 2 bed · 67 m² floor · 172 m² land

Property values on Lake Terrace

The council values Lake Terrace's 29 rated properties between $900,000 and $3,850,000. The middle half sit between about $1,498,000 and $2,413,000; the median is $1,970,000 and the mean $2,022,069.

Lowest: $900k$900kLowest10%: $1.39m20%: $1.43m20%30%: $1.57m40%: $1.75m40%Median: $1.97m60%: $2.13m60%70%: $2.33m80%: $2.5m80%90%: $2.88mHighest: $3.85m$3.85mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$900k0—
36$1.57m0—
411$1.79m0—
5+9$2.45m0—

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

Lake Terrace compared with Hilltop

Lake Terrace's median council value is 159% above Hilltop's.

Lake TerraceHilltopTaupō
Median council value$1.97m$760k$860k
Median section1,100 m²818 m²854 m²
Median year built199019801990
Council value per m² of floor$7k$5k$6k

Lake Terrace house prices over time

Median sale price by year; 2022 is the year so far. A year with fewer than two sales has no bar.

2016: $1.11m (2 sales)$1.11m20162017: too few sales to say (1 sale)20172018: too few sales to say (1 sale)20182019: too few sales to say (1 sale)20192020: too few sales to say (1 sale)20202021: $2.52m (5 sales)20212022: $3.01m (2 sales, this year so far)$3.01m2022
Sales by year as a table
YearSalesMedian pricePer m² floor
20222$3,010,000$22,036
20215$2,525,000$7,253
20201$1,150,000$9,583
20191$935,000$4,349
20181$1,335,000$4,541
20171$910,000$3,555
20162$1,115,000$3,360

Recent sales on Lake Terrace

The homes on Lake Terrace

Lake Terrace has 24 houses, 3 apartments, 2 units and townhouses and 2 sections. More were built in the 1990s than in any other decade (37%).

1900s: 1 (1 home)11930s: 1 (1 home)1930s1950s: 1 (1 home)1960s: 1 (1 home)1960s1970s: 2 (2 homes)1980s: 4 (4 homes)1980s1990s: 10 (10 homes)102000s: 2 (2 homes)2000s2010s: 2 (2 homes)2020s: 3 (3 homes)32020s

Building and resource consents on Lake Terrace

5building consents in the last 5 years
  • 159 Lake Terrace1 Jul 2026 · Building consentProposed construction of structural foundation elements only
  • 156-158 Lake Terrace1 Dec 2022 · Building consentRemove existing conservatory & form new family room &
  • 184B Lake Terrace1 Sept 2022 · Building consentFast track amendment - -amendment to change window
  • 184B Lake Terrace1 May 2022 · Building consentFast tracked amendment - amendments: some windows sizes
  • 150 Lake Terrace1 Feb 2022 · Building consentRemove existing house from site

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