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Balga recorded its first reported $1 million home sale in October 2025, when a newly built four-bedroom home on a rear block sold at that price. The milestone marks one transaction—not a $1 million typical price for the Perth suburb. PerthNow reported the sale on 19 November 2025, citing an earlier Balga high of $950,000 and a house median of $650,000 at the time.
What happened in Balga’s first reported million-dollar sale?
PerthNow reported that a Balga property sold for $1 million in October 2025, making it the suburb’s first sale to reach that threshold, according to the 19 November 2025 report. The report said the sale exceeded the previous high of $950,000. These are historical figures from that report, not verified current market values.
The same article put Balga’s house median at $650,000. A record sale and a suburb median describe different things: the record is one high-priced transaction, while the median represents the midpoint of sales in a defined period. The $1 million sale does not mean a typical Balga house was worth that amount.
What did $1 million buy?
The sale property was a modern, two-storey home on a 368-square-metre rear block within a triplex subdivision. PerthNow described it as built in 2024, with 228 square metres of living space.
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| Feature | Details reported for the sale home |
|---|---|
| Bedrooms | Four |
| Bathrooms | Three, including two master suites |
| Parking | Two-car garage |
| Kitchen and living | Stone benchtops, stainless-steel appliances, plus an upstairs kitchenette and lounge room |
| Other features | Zoned air conditioning, built-in robes, freestanding bath and alfresco dining |
This is the specification of one record-sale home, not a description of Balga housing generally. Its construction date, living area, layout and position on a subdivided rear block all matter when comparing it with older homes or other transactions.
How does the sale fit Balga’s reported price movement?
PerthNow reported that REIWA data showed Balga house prices had risen 16 per cent over the previous year. The report, published on 19 November 2025, does not reproduce the underlying REIWA series or specify the exact start and end dates for that comparison. Treat the percentage as the article’s account of a historical annual change, not as a current growth rate.
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The report also described older post-war houses on larger blocks being replaced by development. It connected Balga’s reputation as a “battler suburb” to the area’s origins as a State Housing Commission development that once consisted almost entirely of government homes. That history provides context, but the record transaction alone cannot establish how representative new development is across the suburb or how its population and housing mix have changed.
What does the sale say about Balga’s reputation?
Sale agent Daryan Abdullah of Harcourts Initiative told PerthNow: “There is less and less State housing and more and more development as time goes on,” and, “The (negative) perception is still lingering, but it is changing.” Those remarks are the selling agent’s perspective, not an independent demographic assessment. A single high-value sale cannot, by itself, prove that a suburb-wide reputation has shifted.
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How to compare this record with other Balga sales
For a meaningful comparison, match transactions on more than price. In particular, check:
- Property type and position: distinguish a rear block in a triplex subdivision from a street-front home or a larger established block.
- Land and living area: compare the 368-square-metre site and 228-square-metre home with similar-sized properties.
- Bedrooms, bathrooms and condition: a new four-bedroom home with three bathrooms is not directly equivalent to an older house requiring work.
- Sale date: compare transactions from a similar period, since a historical record and a later median may reflect different market conditions.
- Price measure: keep an individual record sale separate from a suburb median, and check the period and property category used for any median.
PerthNow’s report does not give the property’s exact street address or link to a transaction record. It also does not publish the underlying REIWA data table, so those details cannot be verified from the reported figures alone.
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