Residents on a Taupo street where a man died after being hit by a car in a driveway overnight say they heard a party earlier in the evening.

Police were called to a private property on Terence St shortly after midnight.

Taupo police Sergeant Fane Troy confirmed a 53-year-old was hit by a car on the property and suffered fatal injuries. He died at the scene.

This morning a group of people could be seen hugging and comforting each other outside the split level property.

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The Serious Crash Unit is investigating.

Police are yet to confirm the victim's age or say what type of vehicle was involved.

A neighbour told the NZME they heard a party in the street last night, but was unsure whether it involved the property where the man died.

They saw ambulances arrive early this morning.

Another neighbour understood a 60th birthday party had been planned at the house today.