
Balmacewen Road in Wakari has 75 properties, valued by the council between $405,000 and $1,720,000 with a median of $680,000 (Wakari: $570,000). More of its homes were built in the 1930s than in any other decade. We estimate its homes at a median $706,000. 3 sold in the last twelve months, for a median $752,500. The highest sale in 2026 was 187 Balmacewen Road, at $700,000.
























The council values Balmacewen Road's 71 rated properties between $405,000 and $1,720,000. The middle half sit between about $595,000 and $835,000; the median is $680,000 and the mean $737,394.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 6 | $535k | 0 | — |
| 3 | 50 | $670k | 2 | — |
| 4 | 12 | $920k | 1 | — |
| 5+ | 3 | $840k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Balmacewen Road's median council value is 19% above Wakari's.
| Balmacewen Road | Wakari | Dunedin | |
|---|---|---|---|
| Median council value | $680k | $570k | $580k |
| Median sale, last 12 months | $753k | $565k | $600k |
| Sold in the last 12 months | 4% | 4.5% | 3.7% |
| Time between sales | 8.6 yrs | 9.4 yrs | 9.1 yrs |
| Median section | 672 m² | 678 m² | 647 m² |
| Median year built | 1940 | 1940 | 1950 |
| Council value per m² of floor | $5k | $5k | $5k |
Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 1 | $700,000 | $5,833 |
| 2025 | 4 | $778,750 | $3,700 |
| 2024 | 4 | $739,500 | $6,038 |
| 2023 | 6 | $633,750 | $4,995 |
| 2021 | 7 | $765,000 | $5,860 |
| 2020 | 2 | $657,500 | $4,520 |
| 2019 | 5 | $715,000 | $3,893 |
| 2018 | 1 | $850,000 | $3,400 |
| 2017 | 5 | $545,000 | $3,481 |
| 2016 | 4 | $358,500 | $2,964 |
Balmacewen Road has 71 houses and 3 apartments. More were built in the 1930s than in any other decade (28%).
Homes on Balmacewen Road that resold in the last five years had been held a median 8.6 years (Wakari: 9.4 years).
Time between a home's sales, for 16 resales in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.
Every street in Wakari, and the suburb's house prices and sales.
Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.