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  1. Home
  2. Property
  3. Sold
  4. Rotorua
  5. Lake Tarawera
  6. 242 Spencer Road
Estimate

242 Spencer Road, Lake Tarawera, Rotorua

HomesEstimate: $555K - $615K
  • 2 Beds
  • 1 Bath

Property details

Ownership type (Council record)
Freehold
Floor Area (Council record)
40m² more or less
Land area (Council record)
1718m² more or less
Bedrooms (Council record)
2 Bedrooms
Bathrooms (Council record)
1 Bathroom
View type (Council record)
None
Decade built
1950s
Wall material
Wood in all forms, including treated plywood and compressed wood products
Roof material
Iron, including steel and corrugated long-run
Building footprint
40m² more or less
Contour
Easy to moderate rise
Capital value (CV)
$620,000
Land value
$560,000
Improvement value
$60,000
Certificate of title
SA51C/355
Legal description
LOT 2 DPS 63356
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Property estimateCapital valueTrends

HomesEstimate

Updated: 20 Aug 2026

$555K - $615K

What is the HomesEstimate?

RentEstimate

Updated: 02 Feb 2021

$380 - $440 /week

Rental yield

3.6%

What is rental yield?

These are computer-generated price estimates.
To understand your home’s value, get an appraisal from a local agent.
Estimated value history for 242 Spencer Road, Lake Tarawera, Rotorua
DateThis homeThis suburb
7 August 2025 $1.21M
21 August 2025 $1.24M
4 September 2025 $620K (range $585K to $655K) $1.26M
18 September 2025 $615K (range $575K to $655K) $1.26M
2 October 2025 $620K (range $580K to $665K) $1.24M
16 October 2025 $640K (range $585K to $695K) $1.25M
30 October 2025 $610K (range $560K to $655K) $1.25M
13 November 2025 $625K (range $585K to $670K) $1.23M
27 November 2025 $630K (range $590K to $670K) $1.27M
11 December 2025 $635K (range $600K to $675K) $1.27M
25 December 2025 $650K (range $620K to $680K) $1.26M
8 January 2026 $630K (range $600K to $665K) $1.25M
22 January 2026 $655K (range $620K to $690K) $1.24M
5 February 2026 $665K (range $625K to $705K) $1.31M
19 February 2026 $625K (range $580K to $670K) $1.24M
5 March 2026 $595K (range $550K to $640K) $1.25M
19 March 2026 $640K (range $595K to $680K) $1.25M
2 April 2026 $635K (range $590K to $680K) $1.23M
16 April 2026 $610K (range $570K to $650K) $1.25M
30 April 2026 $625K (range $580K to $670K) $1.23M
14 May 2026 $615K (range $575K to $655K) $1.24M
28 May 2026 $615K (range $585K to $645K) $1.25M
11 June 2026 $615K (range $580K to $650K) $1.24M
25 June 2026 $1.27M
1 July 2026 $675K (range $635K to $715K)
9 July 2026 $645K (range $605K to $690K) $1.26M
23 July 2026 $640K (range $610K to $675K) $1.27M
6 August 2026 $625K (range $595K to $655K) $1.24M
20 August 2026 $585K (range $555K to $615K) $1.23M
Capital value
$620K
Capital value updated
01 Jul 2023
Land value
$560K
Improvement value
$60K

Sale history timeline

  1. 01 March 2026
    Consent issued
    Connect to council sewer
  2. 01 July 2023
    Capital Value

    $620,000

  3. 02 October 2020
    Sold

    $557,000

    S11
  4. 01 September 2020
    Capital Value

    $555,000

  5. 29 March 2018
    Sold

    $385,000

    S12
  6. 01 July 2017
    Capital Value

    $522,000

  7. 01 July 2014
    Capital Value

    $379,000

  8. 22 March 2010
    Sold

    $350,000

    S11
  9. 28 August 1990
    Sold

    $N/A

    P13
  10. 11 April 1985
    Sold

    $N/A

    P13
  11. 25 October 1984
    Sold

    $18,000

    S11
  12. 09 September 1983
    Sold

    $15,000

    S11
  13. 01 January 1950
    Decade built

    1950

Local Schools

All (0) Primary (0) Intermediate (0) Secondary (0)

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.

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Sold: 12 Nov 2025
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SOLD: $1,135,000
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541 Spencer Road, Lake Tarawera, Rotorua
Sold: 08 Oct 2025
541 Spencer Road, Lake Tarawera, Rotorua
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  • 2
SOLD: $1,010,000

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