Lake Okareka is a suburb which lies within the Territorial Authority of Rotorua, one of 45 residential suburbs which form the wider region. Lake Okareka is the 28th largest suburb of Rotorua in terms of the total number of residential housing stock. Lake Okareka provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1930 - 1939. The majority of the residential housing stock in the locality was constructed between 1980 - 1989. Residential housing stock in Lake Okareka is made up of approximately 88% residential housing , 5% residential investment housing and 7% lifestyle properties.