79 properties · Wakari, Dunedin

Balmacewen Road, Wakari

Balmacewen Road in Wakari has 79 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.

$680kmedian council valuation
$706kour median estimate
$753kmedian sale, last 12 months · 3 sales
1940median year built
DunedinWakari ×Balmacewen Road ×

79 properties on Balmacewen Road, Wakari

Highest and lowest on Balmacewen Road

Highest-valued home210 Balmacewen Road$1,720,000council valuation · 5 bed · 506 m² floor · 751 m² land
Lowest-valued home106 Balmacewen Road$405,000council valuation · 2 bed · 70 m² floor · 314 m² land
Highest sale in 2026187 Balmacewen Road$700,000sold 24 Apr 2026 · 3 bed · 120 m² floor · 837 m² land

Property values on Balmacewen Road

The council values Balmacewen Road's 74 rated properties between $405,000 and $1,720,000. The middle half sit between about $595,000 and $835,500; the median is $680,000 and the mean $742,230.

Lowest: $405k$405kLowest10%: $523k20%: $570k20%30%: $620k40%: $644k40%Median: $680k60%: $730k60%70%: $791k80%: $880k80%90%: $1.01mHighest: $1.72m$1.72mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
26$535k0—
352$670k2—
412$920k1—
5+4$1.08m0—

Council rating valuations: the council's figure for apportioning rates, not a market appraisal.

Balmacewen Road compared with Wakari

Balmacewen Road's median council value is 19% above Wakari's.

Balmacewen RoadWakariDunedin
Median council value$680k$570k$580k
Median sale, last 12 months$753k$565k$600k
Sold in the last 12 months3.8%4.5%3.7%
Time between sales9.3 yrs9.6 yrs9.1 yrs
Median section676 m²681 m²647 m²
Median year built194019401950
Council value per m² of floor$5k$5k$5k

Balmacewen Road house prices over time

Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.

2016: $359k (4 sales)$359k20162017: $545k (5 sales)2018: too few sales to say (1 sale)20182019: $715k (5 sales)2020: $658k (2 sales)20202021: $765k (7 sales)2022: too few sales to say (1 sale)20222023: $634k (6 sales)2024: $740k (4 sales)20242025: $779k (4 sales)$779k2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$700,000$5,833
20254$778,750$3,700
20244$739,500$6,038
20236$633,750$4,995
20221$1,455,000$5,389
20217$765,000$5,860
20202$657,500$4,520
20195$715,000$3,893
20181$850,000$3,400
20175$545,000$3,481
20164$358,500$2,964

Recent sales on Balmacewen Road

The homes on Balmacewen Road

Balmacewen Road has 75 houses and 3 apartments. More were built in the 1930s than in any other decade (28%).

1880s: 1 (1 home)11880s1910s: 1 (1 home)1920s: 1 (1 home)1920s1930s: 21 (21 homes)211940s: 16 (16 homes)1940s1950s: 5 (5 homes)1960s: 15 (15 homes)1960s1970s: 9 (9 homes)1980s: 3 (3 homes)1980s2000s: 1 (1 home)2010s: 1 (1 home)12010s

How long owners stay on Balmacewen Road

Homes on Balmacewen Road that resold in the last five years had been held a median 9.3 years (Wakari: 9.6 years).

Time between a home's sales, for 17 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.

Building and resource consents on Balmacewen Road

10building consents in the last 5 years
2resource consents in the last 5 years
  • 210 Balmacewen Road1 Aug 2026 · Building consentConvert dwg to boarding house, upgrades to fire safety, add specified systems
  • 152 Balmacewen Road1 Jun 2026 · Building consentInstall solid fuel burner in dwg
  • 194 Balmacewen Road1 Mar 2026 · Building consentInstall woodsman Tasman mkii heater in dwg
  • 119 Balmacewen Road1 Jun 2025 · Building consentAlt dwg - enclose verandah to create entrance, remove existing post/beam & install new beam in gge
  • 209 Balmacewen Road1 Dec 2024 · Building consentExtend & alt internal layout of dwg to accommodate an open-plan living/dining/kitchen, master bdrm with walk-in wardrobe & ensuite, three bedrooms, bathrm, & laundry, install second-hand masport Wanak
  • 209 Balmacewen Road26 Nov 2024 · Resource consent209 Balmacewen Road
  • 196 Balmacewen Road11 Jun 2024 · Resource consentextension of an existing dwelling

Balmacewen Road in other suburbs

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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.