69 properties · Rainbow Point, Taupō

Rainbow Drive, Rainbow Point

Rainbow Drive in Rainbow Point has 69 properties, valued by the council between $680,000 and $4,390,000 with a median of $1,490,000 (Rainbow Point: $1,495,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $1,530,000. 2 sold in the last twelve months. The highest sale in 2026 was 1/17 Rainbow Drive, at $767,000.

$1.49mmedian council valuation
$1.53mour median estimate
2sold in the last 12 months
1970median year built
TaupōRainbow Point ×Rainbow Drive ×

69 properties on Rainbow Drive, Rainbow Point

Highest and lowest on Rainbow Drive

Highest-valued home63 Rainbow Drive$4,390,000council valuation · 4 bed · 348 m² floor · 1,060 m² land
Lowest-valued home1/17 Rainbow Drive$680,000council valuation · 2 bed · 59 m² floor · 400 m² land
Highest sale in 20261/17 Rainbow Drive$767,000sold 13 Mar 2026 · 2 bed · 59 m² floor · 400 m² land

Property values on Rainbow Drive

The council values Rainbow Drive's 68 rated properties between $680,000 and $4,390,000. The middle half sit between about $1,060,000 and $2,388,000; the median is $1,490,000 and the mean $1,747,353.

Lowest: $680k$680kLowest10%: $839k20%: $989k20%30%: $1.13m40%: $1.24m40%Median: $1.49m60%: $1.64m60%70%: $1.95m80%: $2.82m80%90%: $3.07mHighest: $4.39m$4.39mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
11$1.18m0—
213$825k1—
326$1.36m0—
422$1.77m1—
5+5$3.24m0—

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

Rainbow Drive compared with Rainbow Point

Rainbow Drive's median council value is about the same as Rainbow Point's.

Rainbow DriveRainbow PointTaupō
Median council value$1.49m$1.5m$870k
Sold in the last 12 months2.9%3.4%3.3%
Time between sales17.3 yrs7.7 yrs6.8 yrs
Median section836 m²900 m²852 m²
Median year built197019801990
Council value per m² of floor$9k$8k$6k

Rainbow Drive house prices over time

Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.

2016: $716k (8 sales)$716k20162018: $865k (4 sales)2019: $1.02m (4 sales)20192020: $885k (3 sales)2021: $1.9m (2 sales)20212022: $1.31m (6 sales)2024: $2.77m (2 sales)20242025: $3.05m (3 sales)$3.05m2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$767,000$13,000
20253$3,050,000$13,864
20242$2,772,500$9,038
20226$1,310,000$11,565
20212$1,898,000$7,436
20203$885,000$3,770
20194$1,020,000$5,844
20184$865,000$4,858
20168$716,000$3,676

Recent sales on Rainbow Drive

The homes on Rainbow Drive

Rainbow Drive has 56 houses, 11 units and townhouses, 1 section and 1 apartment. More were built in the 1960s than in any other decade (43%).

1900s: 1 (1 home)11900s1950s: 1 (1 home)1950s1960s: 29 (29 homes)291960s1970s: 12 (12 homes)1970s1980s: 8 (8 homes)1980s1990s: 7 (7 homes)1990s2000s: 6 (6 homes)2000s2010s: 3 (3 homes)32010s

How long owners stay on Rainbow Drive

Homes on Rainbow Drive that resold in the last five years had been held a median 17.3 years (Rainbow Point: 7.7 years).

Time between a home's sales, for 12 resales in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

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