
Ballance Place in Marewa has 13 properties, valued by the council between $375,000 and $550,000 with a median of $465,000 (Marewa: $540,000). More of its homes were built in the 1950s than in any other decade. We estimate its homes at a median $490,000. The last sale we have was in August 2023, for $465,000.













The council values Ballance Place's 13 rated properties between $375,000 and $550,000. The middle half sit between about $460,000 and $518,500; the median is $465,000 and the mean $480,000.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 1 | 2 | $418k | 0 | — |
| 3 | 4 | $530k | 0 | — |
| 5+ | 1 | $550k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Ballance Place's median council value is 14% below Marewa's.
| Ballance Place | Marewa | Napier | |
|---|---|---|---|
| Median council value | $465k | $540k | $700k |
| Median section | 260 m² | 703 m² | 680 m² |
| Median year built | 2000 | 1950 | 1970 |
| Council value per m² of floor | $6k | $5k | $5k |
Median sale price by year; 2023 is the year so far. A year with fewer than two sales has no bar.
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2023 | 1 | $465,000 | $9,118 |
| 2022 | 1 | $910,000 | $11,519 |
| 2021 | 2 | $604,000 | $7,852 |
| 2019 | 2 | $465,000 | $5,054 |
| 2016 | 3 | $280,000 | $2,492 |
Ballance Place has 12 houses and 1 unit or townhouse. More were built in the 1950s than in any other decade (46%).
Every street in Marewa, 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.