Oroko Rise | Penny Homes
Child smiling

Oroko Rise

be first.

Oroko Rise is a brand new master-planned neighbourhood in the vibrant, growing community of Kokomea, Taupō. It offers a variety of housing types, making home-ownership more accessible than ever for first-time home buyers. With open, green spaces, contemporary home designs, and Kokomea Village Centre close by, you’ll want to be the first home every day.

home & land FROM $550,000

116 homes available, 38 with first home criteria, 78 with no criteria.

To find out more about Oroko Rise please email us, we’d love to hear from you.

First Home applications will open on the 20th of October 2025.

Stage One will be released for sale on the 17th of November 2025.

Front of a home

be first. 3 BEDROOM HOME

Front of a home

QUALITY YOU TRUST

All homes to be built by

Registered Master Builders

Penny Homes

Front of a home

116 HOMES

Choose between 2, 3 or 4

bedroom homes and a range

of architectural styles to suit you.

Front of a home

BUILDING 2026

Building starts early 2026,

you could be in your new

home that same year.

Map showing location near Lake Taupo

116 homes.

one great taupo location.

master planned neighbourhood

A carefully chosen mix of standalone homes,

duplexes, and terrace houses allows you to

choose the home that suits you.

Terrace houses near Tauhara Ridge Road

Take a first look at the market homes now available in Oroko Rise. Each property has been designed for modern living, with practical layouts, quality finishes, and a strong focus on comfort. Browse the latest releases below and find a home that suits your lifestyle in this growing community.

  • 1 | 3 bedroom | $739,000
  • 2 | 3 bedroom | $739,000
  • 3 | 3 bedroom | $749,000
  • 8 | 3 bedroom | $749,000
  • 9 | 3 bedroom | $749,000
  • 10 | 3 bedroom | $745,000
  • 11 | 3 bedroom | $745,000
  • 12 | 3 bedroom | $775,000
  • 13 | 3 bedroom | $785,000
  • 16 | 3 bedroom | $849,000
  • 17 | 3 bedroom | $849,000
  • 18 | 4 bedroom | $875,000
  • 19 | 4 bedroom | $875,000
  • 20 | 3 bedroom | $739,000
  • 22 | 3 bedroom | $845,000
  • 31 | 3 bedroom | $849,000
  • 32 | 3 bedroom | $830,000
  • 33 | 3 bedroom | $699,000
  • 36 | 3 bedroom | $699,000
  • 37 | 3 bedroom | $699,000
  • 40 | 3 bedroom | $699,000
Penny Homes
EMAIL BRAD 021 909 898
EMAIL JANE 021 247 9090

38 first homes

Oroko Rise is proud to offer 38 homes that qualify as a New Zealand Affordable Home, making the dream of homeownership a reality for many in our community. These homes are seamlessly woven into the Oroko Rise masterplan, built to the same high standards and designed for modern living.

TO QUALIFY FOR ONE OF THESE SPECIAL HOMES:

  • Complete a Pre-Qualification Application to confirm eligibility
  • Be over 18 years old
  • Be a New Zealand citizen, permanent resident, or resident visa holder.
  • Be a first home buyer and not have a legal or beneficial interest in any home.
  • Have a pre-tax income under $120,000 for individuals without dependents, $150,000 for individuals with dependents, and $200,000 combined for multiple buyers.
  • Be a Taupō resident, or have an employment contract with a Taupō business.
  • Own and occupy the home for at least 2 years.
FIND OUT MORE

the process

The process

First Home applications open on the 20th of October 2025.

First Home applications close on the 17th of November 2025.

Terrace houses near Tauhara Ridge Road, Stage A and Stage B

The plan above highlights the first homes available in Stage A and the future Stage B. The list below shows the Penny Homes house and land packages available, including lot number, number of bedrooms, and price for each home.

  • 402 | 2 bedroom | $550,000
  • 403 | 2 bedroom | $550,000
  • 404 | 2 bedroom | $550,000
  • 405 | 2 bedroom | $550,000
  • 406 | 2 bedroom | $550,000
  • 407 | 2 bedroom | $550,000
  • 408 | 2 bedroom | $550,000
  • 409 | 2 bedroom | $550,000
  • 410 | 2 bedroom | $550,000
  • 421 | 2 bedroom | $550,000
  • 422 | 2 bedroom | $550,000
  • 423 | 2 bedroom | $550,000
  • 424 | 2 bedroom | $550,000
  • 425 | 2 bedroom | $550,000
  • 426 | 2 bedroom | $550,000
  • 427 | 2 bedroom | $550,000
  • 428 | 2 bedroom | $550,000
  • 429 | 2 bedroom | $550,000
  • 430 | 2 bedroom | $550,000
  • 34 | 3 bedroom | $650,000
  • 35 | 3 bedroom | $650,000
  • 38 | 3 bedroom | $650,000
  • 39 | 3 bedroom | $650,000
Happy people

first home first beginnings.