No one knows the Taupō market like we do.

If you’re considering making a move in the Taupo property market, these resources should help you make an informed decision.

Let’s put it into perspective

Over the last couple of months the media have been doing a good job of painting a picture of doom & gloom for the property market in response to the rise in interest rates and other contributing factors.

This is not necessarily the same story that our team are seeing here on the ground in our local Taupo market. To put it in perspective, the graph below shows the average moving median sale price for both houses and sections in Taupo. While you can see a slight easing in the prices of houses recently, it is still significantly higher than where we were sitting before COVID came to town.

Then if you consider the level of investment going into local infrastructure, large commercial & industrial projects, (think power stations, new super markets etc.), combined with a shortage of land and rentals surrounding the Taupo CBD, these factors will all contribute to keeping demand in our local market strong.

*Source: REINZ Statistics

Current properties for sale in Taupo

This represents your current competition if you do decide to bring your property to the market. While the ‘manic’ levels of sales we have experienced over the last 12 months have eased slightly, homes are still very much selling in the current market. What we are seeing more recently is that the length of time a property takes to sell has increased in some cases, but this is to be expected and is a typical cycle as we go through the winter months.

You can see there has been a slight decrease in the number of homes for sale over the month, but we’re predicting a good upturn as we move into warmer months as people look to take advantage of the record sales that we have seen over the past twelve months.

Who is selling what?

It is important to consider how many homes each agency is currently marketing, as this is a good indicator as to the number of vetted buyers they are currently dealing with at any one time.

Bayleys are currently marketing almost three times the number of homes than any other agency in our region. This demonstrates that Bayleys clearly have their finger on the pulse of our local real estate market, and are in the best position to guide you through your selling journey.

*Bayleys statistics sourced from local agency websites from 1 October - 31 December 2022.

Who’s looking for property in Taupō?

As working remotely becomes a viable option for many workplaces, people are looking to the regions for a new lifestyle outside of the major centres. With over one million searches on Trademe for property in Taupo in the last three months, it shows us that houses in our region are still in very hot demand, with Tauranga in the Bay of Plenty leading the charge.

This type of market intelligence is used to inform the targeting of our marketing campaigns so that we can ensure we are hitting the areas that are showing the most interest in our region.

*Based on TradeMe property views in Taupo (Mar - Sept 2022)

Taupō’s most sought after suburbs

*Based on the number of searches on Trademe (Apr - June 2022).

1. Taupo Central

51,000 searches
Maybe not so surprising, (who doesn’t want to live so close to town?), but Taupo central remains the most popular suburb in town.
2. Acacia Bay

37,000 searches
Offering some of the best views in town the leafy suburb of Acacia continues to grow in popularity as the urban sprawl from the CBD extends it’s reach.
3. Kinloch

25,000 searches
What was once a small lakeside community has exploded in popularity over recent years thanks to it’s picturesque location, and significant land development in the area.
4. Rainbow Point

23,000 searches
This peaceful lakeside suburb is roughly a seven minute drive from the centre of town. An incredibly popular holiday home destination within strolling distance to beautiful swimming spots and the boat ramp.
5. Hilltop

23,000 searches
Hilltop by name, Hilltop by nature. This centrally-located suburb is beautifully elevated, giving a number of its properties stunning views across the lake.