Back Lot 1/160 Banks Road
Off Market

Lot 1/160 Banks Road

Matamata Waikato

8545 m²
Rural
Last sold for $600,000
Glenda O'SullivanGlenda O'Sullivan, last sold this property on 18 November 2025 after 11 days on market.

Overview

Lifestyle opportunity on the edge of town

Positioned on the Matamata town border, this exceptional 8,545 sqm (more or less- waiting on the issue of title) flat section offers the perfect blend of rural tranquillity and everyday convenience, situated just moments from the town. A rare chance to create your dream lifestyle, the property provides ample space for a bespoke home, landscaped gardens, and generous shedding. Enjoy the peace of country living while remaining close to schools, shops and essential amenities. Centrally located within an easy commute to Cambridge, Tauranga, and Hamilton, this property offers space, privacy, and connection being a perfect base from which to travel and a lifestyle without compromise.

Features

8545 m² lot size
Rural

Estimated Value

Based on this property and similar rurals sold in Matamata over the last 12 months, the estimated median property value of Lot 1/160 Banks Road is $1.87m.

Median value
$1.87m
Estimated value range
$600k - $9.95m
Median days on market
36
Estimated value trend
9%
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 Lot 1/160 Banks Road

2025
Sold
$600,000
18 Nov 2025 by Glenda O'Sullivan, 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 rurals in Matamata

In the last 12 months, 17 rurals similar to Lot 1/160 Banks Road, have been sold.

This represents a 100% decrease in rurals sales when compared to the previous 12 months.

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