Bayleys

Welcome to the July edition of Bayleys' In View

The Southern Lake residential median sale price for June 2026 was $520,000, increased by 15.0% on the $452,000 recorded in June 2025. The market continues to demonstrate measured stability, with 12 total transactions recordedacross all categories — a moderation from the 14 sales recorded in the same period last year.

Across all categories the Southern Lake district recorded 12 sales in June 2026, comprising 9 residential, 1 rural, and 2 section transactions. Bayleys Tūrangi accounted for 2 of these sales, maintaining a continued presence in the localmarket.

Activity in June was concentrated in the $500-549k band (2 sales), with steady engagement also observed across the upper price ranges. The lifestyle and lakeside segments continued to attract enquiry from out-of-region purchasers seeking a Southern Lake base.

The median days on market for residential sales sat at 93 days, decreased by 19.1% on the 115-day figure for the same period last year. Buyer enquiry remains steady through the winter months, with well-presented and realistically priced properties continuing to attract committed purchasers.

In this month's edition of Bayleys' In View, we chat with Bayleys Omaha salesperson Heather Walton-Bycroft about how to sell your property from anywhere in the world. Distance no longer needs to be a barrier when it comes time to sell a property. Whether it's a family home, an investment property or a beloved holiday retreat, Heather says while selling remotely is increasingly common, it does come with its own unique set of challenges to ensure their property is showcased at its very best.

While much of New Zealand's housing market continues its gradual recovery from the correction that followed the November 2021 peak, a growing number of districts have quietly moved back into positive territory. We sit down with Chris Farhi and Samantha Lee from Bayleys Data and Insights team to discuss the districts defying New Zealand's housing slowdown.

The Bayleys Super Prime Market Update for Q3 2026 shows the mainstream market continuing to move sideways, with elevated supply and ongoing global uncertainty keeping price growth subdued. In contrast, the super prime market ($5M+) is seeing renewed momentum from Golden Visa buyers. While sensitive land restrictions can limit purchasing opportunities, premium properties with waterfront positions, privacy, and exceptional outlooks remain in strong demand.

Key Numbers

June 2026 Sales Last 3 Months (Turangi)

43

June 2026 Median Sell Price (Turangi)

$520,000

June Median Days to Sell (Turangi)

93

Industry Insights

Auction Update

 

June National Auction results are in. Bayleys achieved over $142m in sales, with 2,600 online viewers and more than 1,100 bids placed, highlighting strong engagement and continued momentum across the auction market this month.

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Insights & Data update

Image Description
 

Eos Li and Chris Farhi cover house price trends and market outlook, a snapshot of recent residential sales around the median price, a deep dive into activity in the Super Prime market ($5M+), and the property of the week.

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The road to recovery

 

While much of New Zealand’s housing market continues its gradual recovery from the correction that followed the November 2021 peak, a growing number of districts have quietly moved back into positive territory. So what's driving the recovery?

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Expert insights

 

Whether it's a family home, an investment property or a beloved holiday retreat, advances in technology combined with experienced local support mean vendors can successfully navigate the sales process from almost anywhere in the world.

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Luxury residential update

 

New Zealand's super prime market remains resilient, with Golden Visa demand lifting confidence. Interest rates and sensitive-land rules influence deal flow, while scarce prestige homes with views and privacy continue to command premiums. 

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Bayleys Property Collection

 

Looking to reinvest or diversify your investments beyond the farm gate? Discover Bayleys’ Property Collection featuring commercial, rural and lifestyle properties across New Zealand, offering stable, long term investment returns and lifestyle options.

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Recent Sales

Motuoapa
176 Parekaawa Drive  

 

Set on sought after Parekaawa Drive in Motuoapa, this four bedroom, two bathroom home delivers the perfect blend of permanent family living and relaxed holiday freedom. Just moments from the Motuoapa Marina and the sh...

Doug Montgomery

Feature Listing

Tauranga Taupo 28 Waitetoko Road  

3  1  2  1
 

Positioned on a generous 812sqm section in sought after Waitetoko Road, this contemporary two level home offers the perfect blend of comfort, style, and relaxed lakeside living.

Featuring three bedrooms, including a master with ensuite, plus a well appointed main bathroom, the 190sqm layout prov...

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Current Listings

Motuoapa
16 Wai Matangi Place  

4  1  2  3
 

Welcome to 16 Wai Matangi Place a lifestyle property that combines comfort, style and the serene charm of Motuoapa living. Nestled in a peaceful, established neighbour...

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Motuoapa
8 Wai Kite Kite Place  

 

Positioned in a peaceful cul-de-sac within sought after Motuoapa, 8 Wai Kite Kite Place presents an outstanding opportunity for investors, land bankers, or those ready to build in one of Lake Taupō’s desirable southern communities.Whether you are looking ...

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Turangi
4 Turanga Place  

 

Seize the opportunity to acquire a well established and highly respected business that has been a trusted name in Tūrangi for nearly two decades. Tūrangi Chainsaws & Mowers Ltd presents an excellent chance to step into a profitable, hands on operation with ...

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Tongariro River
285 Taupahi Road  

1  1  1
 

Tucked away on a generous 941sqm (more or less) section, this character-filled retreat captures the relaxed spirit of Tūrangi living. Perfectly positioned just ...

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Turangi
1/109 Puataata Road  

2  1  1
 

Whether you're stepping onto the property ladder, expanding your investment portfolio, or searching for an easy-care holiday base, this home offers comfort, ...

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Kuratau
2/10 Pikikotuku Place  

3  1  2  1
 

Tucked away in a peaceful Kuratau cul-de-sac, this inviting three bedroom retreat delivers the perfect blend of lifestyle, convenience, and low maintenance living. ...

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Motuoapa
1 Parekarangaranga Street  

3  1  1  2
 

Packed with character and endless potential, this classic 1950s lakeside bach is ready for its next chapter. Full of nostalgic charm, it offers the opportunity to rest...

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Omori
164 Omori Road  

2  1  1  1
 

Positioned in sought after Omori and just a two minute walk from the shores of Lake Taupō, 164 Omori Road presents an exciting opportunity for holiday home buyers and ...

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Motuoapa
3 Marshall Close  

 

Make your move to the sought-after eastern shores of Lake Taupō with this prime north facing section in the heart of Motuoapa. Perfectly positioned next to council reserve land, this flat and sunny site offers an outstanding location to build your dream ...

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Turangi
9 Manawa Street  

 

Interest is building, with units 1, 2, 7, 8, 18, 19, 23 and 24 now sold. These high quality, purpose built 47sqm (more or less) storage units offer something many storage complexes do not — each unit has its own individual title. Whether you need space ...

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Motuoapa
18 Komahimahi Way  

 

Positioned in a sought after Motuoapa setting, this prime flat section presents an outstanding opportunity for investors, land bankers, or those ready to build their dream home and embrace a relaxed lakeside lifestyle.Backing onto a council reserve, the ...

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Motuoapa
91 Kahotea Drive  

4  2  2  2
 

With a motivated vendor ready to meet the market, this is an opportunity you'll want to act on sooner rather than later.If panoramic lake views are what you've been ...

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Motuoapa
73 Kahotea Drive  

 

Tucked away up a private right of way, this generous 1,043sqm (more or less) rear section offers a rare opportunity to secure land in the heart of Motuoapa. Bordering scenic forestry, it enjoys a peaceful natural outlook while still being moments from the ...

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Motuoapa
105 Kahotea Drive  

 

Secure your place in one of Motuoapa's most sought-after locations, where exceptional lifestyle, convenience, and future potential come together.Positioned just moments from State Highway One, this well-proportioned section provides an excellent ...

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Motuoapa
103 Kahotea Drive  

3  1  2  2
 

Nestled in the heart of Motuoapa, this beautifully presented home offers comfort, convenience, and effortless lakeside living, making it an ideal choice for first ...

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Motuoapa
4 Herea Avenue  

2  1  1  1
 

With a motivated vendor and an unbeatable lakeside setting, this is an opportunity you'll want to act on sooner rather than later.Looking for that classic Kiwi bach ...

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