
Lake Road in Te Ārai has 9 properties, valued by the council between $810,000 and $5,325,000 with a median of $1,550,000 (Te Ārai: $1,412,500). More of its homes were built in the 2000s than in any other decade. We estimate its homes at a median $1,335,000. The last sale we have was in March 2023, for $1,405,000.









The council values Lake Road's 7 rated properties between $810,000 and $5,325,000. The middle half sit between about $1,225,000 and $2,050,000; the median is $1,550,000 and the mean $2,033,571.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 2 | $1.39m | 0 | — |
| 4 | 2 | $1.02m | 0 | — |
| 5+ | 2 | $2.05m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Lake Road's median council value is 10% above Te Ārai's.
| Lake Road | Te Ārai | Wellsford | |
|---|---|---|---|
| Median council value | $1.55m | $1.41m | $830k |
| Median section | 18,157 m² | 18,072 m² | 10,435 m² |
| Median year built | 2000 | 2000 | 1980 |
| Council value per m² of floor | $7k | $7k | $6k |
Lake Road has 9 houses. More were built in the 2000s than in any other decade (33%).
Every street in Te Ārai, 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.