48 properties · Wairakei, Taupō

State Highway 5, Wairakei

State Highway 5 in Wairakei has 48 properties, valued by the council between $585,000 and $2,160,000 with a median of $1,100,000 (Wairakei: $995,000). More of its homes were built in the 1990s than in any other decade. We estimate its homes at a median $1,105,000. 1 sold in the last twelve months. The highest sale in 2026 was 491 State Highway 5, at $1,185,000.

$1.1mmedian council valuation
$1.1mour median estimate
1sold in the last 12 months
1990median year built
TaupōWairakei ×State Highway 5 ×

48 properties on State Highway 5, Wairakei

Highest and lowest on State Highway 5

Highest-valued home527-531 State Highway 5$2,160,000council valuation · 4 bed · 293 m² floor · 300,320 m² land
Lowest-valued home323 State Highway 5$585,000council valuation · 116,280 m² land
Highest sale in 2026491 State Highway 5$1,185,000sold 2 Apr 2026 · 4 bed · 190 m² floor · 28,325 m² land

Property values on State Highway 5

The council values State Highway 5's 38 rated properties between $585,000 and $2,160,000. The middle half sit between about $935,750 and $1,290,500; the median is $1,100,000 and the mean $1,148,026.

Lowest: $585k$585kLowest10%: $806k20%: $890k20%30%: $982k40%: $1.05m40%Median: $1.1m60%: $1.19m60%70%: $1.23m80%: $1.35m80%90%: $1.52mHighest: $2.16m$2.16mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
11$1.38m0—
22$830k0—
318$1.02m0—
412$1.25m1—
5+3$1.46m0—

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

State Highway 5 compared with Wairakei

State Highway 5's median council value is 11% above Wairakei's.

State Highway 5WairakeiTaupō
Median council value$1.1m$995k$860k
Sold in the last 12 months2.1%2.9%3.3%
Median section41,884 m²39,283 m²854 m²
Median year built199019701990
Council value per m² of floor$7k$6k$6k

State Highway 5 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: $480k (2 sales)$480k2017: $1.14m (2 sales)20172018: $485k (2 sales)2019: too few sales to say (1 sale)20192020: $700k (3 sales)2021: too few sales to say (1 sale)20212023: $1.37m (2 sales)$1.37m2024: too few sales to say (1 sale)20242025: too few sales to say (1 sale)2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$1,185,000$6,237
20251$1,150,000$10,455
20241$1,190,000$5,174
20232$1,370,000$9,118
20211$1,577,000$5,382
20203$700,000$3,256
20191$610,000$6,040
20182$485,000$3,242
20172$1,137,500$3,698
20162$479,500$2,628

Recent sales on State Highway 5

The homes on State Highway 5

State Highway 5 has 48 houses. More were built in the 1990s than in any other decade (31%).

1910s: 1 (1 home)11910s1950s: 7 (7 homes)1950s1960s: 2 (2 homes)1960s1980s: 3 (3 homes)1980s1990s: 11 (11 homes)111990s2000s: 9 (9 homes)2000s2010s: 2 (2 homes)2010s2020s: 1 (1 home)12020s

Building and resource consents on State Highway 5

3building consents in the last 5 years
  • 317 State Highway 51 Sept 2025 · Building consentAdd a new third bdrm & ensuite onto the existing house.
  • 266 State Highway 51 Jan 2025 · Building consentReplacing one section (front fence) of existing metal pool ancillary
  • 747 State Highway 51 Jun 2024 · Building consentNew pool fencing installation of a Narellan Grandeur 11 swimming pool including fencing & drainage

More streets in Wairakei

Every street in Wairakei, 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.