11 properties · Pyes Pa, Tauranga

Formosa Place, Pyes Pa

Formosa Place in Pyes Pa has 11 properties, valued by the council between $820,000 and $1,160,000 with a median of $1,020,000 (Pyes Pa: $1,020,000). Most of its homes were built in the 2000s. We estimate its homes at a median $1,030,000. 1 sold in the last twelve months. The highest sale in 2026 was 16 Formosa Place, at $1,083,000.

$1.02mmedian council valuation
$1.03mour median estimate
1sold in the last 12 months
2000median year built
TaurangaPyes Pa ×Formosa Place ×

11 properties on Formosa Place, Pyes Pa

Highest and lowest on Formosa Place

Highest-valued home19 Formosa Place$1,160,000council valuation · 4 bed · 262 m² floor · 663 m² land
Lowest-valued home5 Formosa Place$820,000council valuation · 3 bed · 141 m² floor · 611 m² land
Highest sale in 202616 Formosa Place$1,083,000sold 8 Mar 2026 · 4 bed · 207 m² floor · 616 m² land

Property values on Formosa Place

The council values Formosa Place's 10 rated properties between $820,000 and $1,160,000. The middle half sit between about $969,750 and $1,094,500; the median is $1,020,000 and the mean $1,022,500.

Lowest: $820k$820kLowest10%: $946k20%: $964k20%30%: $976k40%: $992k40%Median: $1.02m60%: $1.05m60%70%: $1.07m80%: $1.11m80%90%: $1.13mHighest: $1.16m$1.16mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
32$900k0—
48$1.05m1—

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

Formosa Place compared with Pyes Pa

Formosa Place's median council value is about the same as Pyes Pa's.

Formosa PlacePyes PaTauranga
Median council value$1.02m$1.02m$875k
Sold in the last 12 months9.1%5.4%4%
Median section620 m²600 m²670 m²
Median year built200020101990
Council value per m² of floor$5k$6k$6k

Formosa Place 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: too few sales to say (1 sale)20162017: too few sales to say (1 sale)20172018: $308k (2 sales)$308k20182020: too few sales to say (1 sale)20202021: $998k (2 sales)$998k20212023: $909k (2 sales)$909k20232024: too few sales to say (1 sale)20242026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$1,083,000$5,232
20241$842,000$5,972
20232$909,000$5,282
20212$997,500$4,261
20201$740,000$3,737
20182$307,500$1,457
20171$655,000$3,994
20161$640,000$3,092

Recent sales on Formosa Place

The homes on Formosa Place

Formosa Place has 11 houses. Most were built in the 2000s (100%).

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