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Masterton intro. Masterton is the largest town in Wairarapa, a southerly region on the North Island of New Zealand. Though separated from Wellington by the Rimutaka Range, the Wairapapa Line railway allows many residents to work in the capital without having to live in the city. Every March, the town hosts the Golden Shears Championship, a prestigious sheep-shearing competition that is a sight to behold for those who have never witnessed such an event. A stay in Masterton hotels puts visitors right next to the idyllic Henley Lake, a popular summer retreat that promises endless days of swimming, fishing and total relaxation. Mount Bruce National Wildlife Centre is home to some of the country's rarest birds, while Cape Palliser is home to a lively colony of seals. In autumn, the beautiful Queen Elizabeth Park is ablaze with fallen leaves which cover the narrow trails around the park's lake. Masterton is close to the coast, providing beachside opportunities such as jet boating and surfing. For a truly unforgettable experience, take a hot air balloon ride over the mountains to watch the sunset.