AerialNot listedOregon Drive in Rainbow Point has 37 properties, valued by the council between $720,000 and $4,130,000 with a median of $1,720,000 (Rainbow Point: $1,495,000). More of its homes were built in the 1980s than in any other decade. We estimate its homes at a median $1,740,000. 1 sold in the last twelve months. The highest sale in 2026 was 1/35 Oregon Drive, at $685,000.
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AerialNot listedThe council values Oregon Drive's 37 rated properties between $720,000 and $4,130,000. The middle half sit between about $1,482,000 and $2,624,000; the median is $1,720,000 and the mean $2,074,595.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 1 | $720k | 1 | — |
| 2 | 1 | $865k | 0 | — |
| 3 | 14 | $1.54m | 0 | — |
| 4 | 13 | $1.92m | 0 | — |
| 5+ | 8 | $2.54m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Oregon Drive's median council value is 15% above Rainbow Point's.
| Oregon Drive | Rainbow Point | Taupō | |
|---|---|---|---|
| Median council value | $1.72m | $1.5m | $870k |
| Sold in the last 12 months | 2.7% | 3.4% | 3.3% |
| Median section | 892 m² | 900 m² | 852 m² |
| Median year built | 1980 | 1980 | 1990 |
| Council value per m² of floor | $8k | $8k | $6k |
Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 1 | $685,000 | $10,538 |
| 2024 | 1 | $4,075,000 | $10,188 |
| 2023 | 2 | $1,032,500 | $9,430 |
| 2022 | 3 | $3,880,000 | $12,933 |
| 2021 | 1 | $1,460,000 | $6,606 |
| 2020 | 3 | $1,285,000 | $5,587 |
| 2019 | 3 | $1,330,000 | $5,056 |
| 2018 | 4 | $1,214,000 | $6,132 |
| 2017 | 2 | $1,522,500 | $5,014 |
| 2016 | 3 | $785,000 | $3,539 |
Oregon Drive has 32 houses, 4 apartments and 1 unit or townhouse. More were built in the 1980s than in any other decade (22%).
Every street in Rainbow Point, and the suburb's house prices and sales.
Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.