Back 60 Banks Road
Off Market

60 Banks Road

Matamata Waikato

4
1
2
240 m²
4.27 ha.
Rural
Last sold for $1,650,000
Sam TroughtonSam Troughton, last sold this property on 02 March 2026 after 31 days on market.

Overview

Lifestyle living / town convenience

An outstanding opportunity located on the highly sought-after Banks Road, just minutes from Matamata's vibrant town centre, 4.26-hectare (more or less) lifestyle property offering the perfect balance of lifestyle living and urban convenience. The property sits within Matamata's renowned equine precinct, with its back boundary adjoining the Matamata Racecourse - an enviable position for equine enthusiasts. The flat, rectangular land is carefully subdivided into multiple paddocks, fully fenced with durable post-and-rail equine fencing and serviced by town water. Functionality is paramount, with established improvements including a three-bay, fully enclosed lockable half-round shed and a versatile multi-use shed featuring stables, storage rooms, and open-front bays suitable for tractors, machinery, and equipment. At the heart of the property sits a generous Hinuera stone home, built in 1995, thoughtfully positioned for privacy. Single-level and constructed from low-maintenance, enduring materials, the home offers: • A bright, open-plan kitchen and dining area • A separate lounge • Rumpus Room/ multi-purpose living • Office/study • Four spacious bedrooms • Family bathroom with separate toilet • Separate laundry • Internal-access double garage with an additional toilet While the property's equine legacy is a standout feature, it also caters to a broad range of lifestyle pursuits - from hobby farming to family retreats or simply enjoying the benefits of country living. Combining productive land, practical improvements, and a private, expansive family home, this property presents a rare opportunity to secure a prestigious lifestyle just moments from town. With residential development adjacent, it also holds strong potential as a future-focused investment.

Features

4 bedrooms
1 bathroom
2 carspaces
2 garage spaces
240 m² floor area
4.27 ha. lot size
Rural

Estimated Value

Based on this property and similar 4 bedroom rurals sold in Matamata over the last 12 months, the estimated median property value of 60 Banks Road is $2.3m.

Median value
$2.3m
Estimated value range
$1.34m - $2.65m
Median days on market
53
Estimated value trend
84%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Matamata. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 60 Banks Road

2026
Sold
$1,650,000
02 Mar 2026 by Sam Troughton, of Bayleys Matamata

Happy sellers in Matamata

66%
66% of sellers in Matamata reported that their sale price either exceeded or met their price expectations.

Matamata stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 107 reviews in Matamata over the last 12 months.

Local market activity for 4 bedroom rurals in Matamata

In the last 12 months, 5 four-bedroom rurals similar to 60 Banks Road, have been sold.

This represents a 50% decrease in four-bedroom rurals sales when compared to the previous 12 months.

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