micromarkets

Balwyn, VIC 3103

Property data updated July 202613,495 residents

Last 12 months snapshot

314 sales · 363 leases · Refreshed July 2026

Balwyn property market

Activity in Balwyn is split four ways, with unit rentals slightly in front, with 253 leases (up 1.2%) at $600 a week (up 0.8%) as of July 2026, renting out in about 21 days (up from 19 days last year), with rents weaker than most unit rental markets, with 2-bedroom dominating at around two-thirds.

Unit sales follow closely, with 171 sales (up 14%) at around $855.5k (up 6.9%), taking about 26 days to sell (up from 25 days last year), just under half of homes are 2-bedroom. Followed by 143 house sales at around $2.681M (down 10.6%), among the country's biggest house price drops. 110 house rentals at $1,105 a week (up 11.1%), among Victoria's strongest house rent gains.

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Balwyn demographics & population

Population

13,495

Median age

43yrs

Avg household

2.6people

Male · Female

47% · 53%

Owner-occupied

Renting

Lone person

Couples, no kids

Born overseas

Year 12+ⓘ

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

The full Balwyn report

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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby

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Census · ABS 2021

Who lives in Balwyn?

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex8,735 residentsMaleFemale

Share of all residents by 5-year band · hover a band for the count + split

Life stage

50%

Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%

Household composition

50%

Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%

1.6 people / household0.6 persons / bedroom50% are 5+ person

Household sizepersons per dwelling

50%1

50%2

50%3

50%4

50%5

50%6+

Cultural make-upshare of residents · diversity = odds two differ

Born overseas50%

Other language at home50%

Limited English50%

Both parents overseas50%

Australian citizens50%

Birthplace diversity35%

Chance two random residents were born in different countries

Language diversity45%

Chance two random residents speak different languages at home

Religious diversity47%

Chance two random residents follow different religions

Where residents were borntop birthplaces

Afghanistan50%

Australia50%

Bangladesh50%

Bosnia & Herzegovina50%

Brazil50%

Cambodia50%

Canada50%

Chile50%

Languages at hometop languages

English only50%

Afrikaans50%

Arabic50%

Australian Indigenous50%

Cantonese50%

Mandarin50%

Other Chinese50%

Croatian50%

Ancestry% reporting · multi-response

Australian50%

Aboriginal/Torres Strait Islander50%

Chinese50%

Croatian50%

Dutch50%

English50%

Faith & belieftap Christianity

No religion50%

Christianity50%

Islam50%

Buddhism50%

Hinduism50%

Judaism50%

Other religions50%

Family originsparents’ birthplace

50%

Both parents overseas50%One parent overseas50%Both parents in Australia50%

A strongly multicultural community with deep migrant heritage.

When migrants arrivedshare of overseas-born

Before 198150%

1981-200050%

2001-201050%

2011-201550%

2016-202150%

2020–21 understated — COVID border closures.

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

Census · ABS 2021

Housing & affordability in Balwyn

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance

LowMedianHighPercentile

Median weekly rentTop 25%

Median monthly mortgageTop 23%

Rent stress (rent ÷ income)Top 50%

Mortgage stress (repay ÷ income)Top 50%

High mortgage (≥$3k/mo)Top 50%

Social housingTop 50%

Unoccupied on census nightTop 50%

Large dwellings (4+ bed)Top 50%

This suburb Typical range (middle 50%) Median suburb

Bedrooms per dwellingshare of dwellings

50%0

50%1

50%2

50%3

50%4

50%5

50%6+

Who owns vs rentsoccupied dwellings

50%

Owned outright50%Mortgage50%Renting50%Other50%

What’s built heredwelling types

50%

House50%Townhouse50%Apartment50%Other50%

50% separate houses50% apartments50% high-rise

Census · ABS 2021

Income & employment in Balwyn

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance

LowMedianHighPercentile

Median personal incomeBottom 40%

Median family incomeTop 42%

Managers & professionalsTop 50%

High earners (≥$2k/wk)Top 50%

This suburb Typical range (middle 50%) Median suburb

Occupations

LowMedianHighPercentile

Managers & professionalsTop 50%

Clerical & adminTop 50%

Community & personal serviceTop 50%

Sales workersTop 50%

Technicians, trades & labourersTop 50%

Household incomeheight = share of households · weekly

Personal incomeheight = share of residents 15+ · weekly

A typical household pulls in about 2.4× the typical individual — a multi-earner area.

Labour forceemployment status · residents 15+

50%

Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%

LowMedianHighPercentile

Full-time workersTop 50%

Part-time workersTop 50%

Unemployment rateTop 50%

Not in labour forceTop 50%

Labour-force participationTop 50%

This suburb Typical range (middle 50%) Median suburb

Census · ABS 2021

Getting around Balwyn

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance

LowMedianHighPercentile

Public transport to workTop 50%

Walked or cycled to workTop 50%

Worked from homeTop 50%

No motor vehicleTop 50%

Vehicles per dwellingBottom 14%

This suburb Typical range (middle 50%) Median suburb

Journey to workamong commuters · top modes

Car (driver)50%

Car (passenger)50%

Train50%

Bus50%

Tram/light rail50%

Ferry50%

Walked50%

Vehicles per dwellingshare of households

50%0

50%1

50%2

50%3

50%4+

Education · ACARA My School 2025

Schools in and around Balwyn

3 schools inside Balwyn, plus the closest options around it. Families can choose from 111 primary schools in Balwyn and its surrounds, and 54 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within Balwyn3schools in the suburb itself

Primary schools111within 5 km · nearest in suburb

Secondary schools54within 5 km · nearest in suburb

Median ICSEA rank50thenrolment-weighted

What is ICSEA Rank?

ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.

Nearby within150 schools

Within Balwyn · 3Order by
1
Fintona Girls' SchoolIndependent · Combined · Years Prep-12 · Within suburb
State RankP Top 1%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
2
Balwyn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
3
Belmore SchoolGovernment · Special · Co-ed · Years U · Within suburb
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
Nearby · within 5 km · 147
4
Presbyterian Ladies' CollegeIndependent · Combined · Co-ed · Years Prep-12 · Burwood · 3.5 km
State RankP Top 1%S Top 1%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
5
Beverley Hills Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doncaster East · 3.5 km
State RankTop 1%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
6
Serpell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Templestowe · 3.5 km
State RankTop 1%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
7
Camberwell Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Canterbury · 3.5 km
State RankP Top 1%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
8
Camberwell Girls Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Canterbury · 3.5 km
State RankP Top 1%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
9
Balwyn High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Balwyn North · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
10
Canterbury Girls Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Canterbury · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
11
Strathcona Baptist Girls' GrammarIndependent · Combined · Co-ed · Years Prep-12 · Canterbury · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
12
Koonung Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Mont Albert North · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
13
Genazzano FCJ CollegeCatholic · Combined · Co-ed · Years Prep-12 · Kew · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
14
Kew High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Kew East · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
15
Carey Baptist Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Kew · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
16
Kingswood CollegeIndependent · Combined · Co-ed · Years Prep-12 · Box Hill · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
17
Ruyton Girls' SchoolIndependent · Combined · Years Prep-12 · Kew · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
18
Methodist Ladies' CollegeIndependent · Combined · Years Prep-12 · Kew · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
19
Trinity Grammar School KewIndependent · Combined · Co-ed · Years Prep-12 · Kew · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
20
Box Hill High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Box Hill · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
21
Xavier CollegeCatholic · Combined · Co-ed · Years Prep-12 · Kew · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
22
Auburn High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Hawthorn East · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
23
Bialik CollegeIndependent · Combined · Co-ed · Years Prep-12 · Hawthorn · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
24
Scotch CollegeIndependent · Combined · Co-ed · Years Prep-12 · Hawthorn · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
25
Alphington Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Alphington · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
26
Ivanhoe Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Ivanhoe · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
27
Ivanhoe Girls' Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Ivanhoe · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
28
Our Lady of Mercy CollegeCatholic · Secondary · Co-ed · Years 7-12 · Heidelberg · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
29
St Kevin's CollegeCatholic · Combined · Co-ed · Years Prep-12 · Toorak · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
30
Ashwood High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Ashwood · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
31
Korowa Anglican Girls' SchoolIndependent · Combined · Co-ed · Years Prep-12 · Glen Iris · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
32
Sacre CoeurCatholic · Combined · Co-ed · Years Prep-12 · Glen Iris · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
33
Melbourne Girls CollegeGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
34
St Catherine's SchoolIndependent · Combined · Co-ed · Years Prep-12 · Toorak · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
35
East Doncaster Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Doncaster East · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
36
Lauriston Girls' SchoolIndependent · Combined · Co-ed · Years Prep-12 · Armadale · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
37
Nunawading Christian College - SecondaryIndependent · Secondary · Co-ed · Years 7-12 · Nunawading · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
38
Mount Waverley Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Mount Waverley · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
39
Viewbank CollegeGovernment · Secondary · Co-ed · Years 7-12 · Viewbank · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
40
Loreto Mandeville HallCatholic · Combined · Co-ed · Years Prep-12 · Toorak · 3.5 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students524Multilingual50%ICSEA Rank50th
41
Chatham Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Surrey Hills · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
42
Greythorn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Balwyn North · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
43
Mont Albert Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mont Albert · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
44
Our Holy Redeemer SchoolCatholic · Primary · Co-ed · Years Prep-6 · Surrey Hills · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
45
Canterbury Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Canterbury · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
46
Birralee Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doncaster · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
47
Camberwell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Camberwell · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
48
Kew East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kew East · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
49
Wattle Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Burwood · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
50
Hartwell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Camberwell · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
51
Kerrimuir Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Box Hill North · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
52
Ivanhoe East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ivanhoe East · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
53
Camberwell South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Iris · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
54
St Cecilia's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Glen Iris · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
55
Erasmus Primary SchoolIndependent · Primary · Co-ed · Years Prep-6 · Hawthorn · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
56
Templestowe Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Templestowe Lower · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
57
Alphington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Alphington · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
58
Ashburton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ashburton · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
59
Glen Iris Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Iris · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
60
Mary Immaculate SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ivanhoe · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
61
St Michael's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ashburton · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
62
St John's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Heidelberg · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
63
Blackburn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blackburn · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
64
Ivanhoe Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ivanhoe · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
65
Doncaster Gardens Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doncaster East · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
66
Essex Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mount Waverley · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
67
Heidelberg Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Heidelberg · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
68
St Anthony's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Alphington · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
69
Fairfield Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fairfield · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
70
Malvern Central SchoolGovernment · Primary · Co-ed · Years Prep-6 · Malvern · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
71
St Bernadette's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ivanhoe · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
72
Yarra Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Richmond · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
73
Solway Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ashburton · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
74
Blackburn Lake Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blackburn · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
75
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Malvern · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
76
Donburn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doncaster East · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
77
Nunawading Christian College - PrimaryIndependent · Primary · Co-ed · Years Prep-6 · Nunawading · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
78
Banyule Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Rosanna · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
79
Donvale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Donvale · 3.5 km
State RankTop 50%EnglishMathsStudents524Multilingual50%ICSEA Rank50th
80
St Paul's CollegeIndependent · Special · Co-ed · Years U · Balwyn · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
81
Balwyn North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Balwyn North · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
82
Surrey Hills Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Surrey Hills · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
83
Our Lady of Good Counsel SchoolCatholic · Primary · Co-ed · Years Prep-6 · Deepdene · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
84
Box Hill Senior Secondary CollegeGovernment · Secondary · Co-ed · Years 9-12 · Mont Albert North · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
85
Deepdene Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Deepdene · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
86
St Bede's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Balwyn North · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
87
Boroondara Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Balwyn North · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
88
Camberwell High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Canterbury · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
89
Siena College LtdCatholic · Secondary · Years 7-12 · Camberwell · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
90
Our Lady of Perpetual Succour SchoolCatholic · Primary · Co-ed · Years Prep-6 · Surrey Hills · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
91
Preshil, The Margaret Lyttle Memorial SchoolIndependent · Combined · Co-ed · Years Prep-12 · Kew · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
92
Belle Vue Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Balwyn North · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
93
St Dominic's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Camberwell · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
94
Box Hill North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Box Hill North · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
95
Auburn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hawthorn East · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
96
SEDA College (Victoria)Independent · Secondary · Co-ed · Years 11-12 · Camberwell · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
97
St Anne's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kew East · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
98
Our Lady of Sion CollegeCatholic · Secondary · Co-ed · Years 7-12 · Box Hill · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
99
Marcellin CollegeCatholic · Secondary · Co-ed · Years 7-12 · Bulleen · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
100
St Francis Xavier's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Box Hill · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
101
Berengarra SchoolIndependent · Special · Co-ed · Years 7-12 · Box Hill North · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
102
Swinburne Senior Secondary CollegeGovernment · Secondary · Co-ed · Years 11-12 · Hawthorn · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
103
Roberts McCubbin Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Box Hill South · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
104
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kew · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
105
St Gregory the Great SchoolCatholic · Primary · Co-ed · Years Prep-6 · Doncaster · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
106
Andale SchoolIndependent · Special · Co-ed · Years U · Kew · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
107
Doncaster Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doncaster · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
108
St Clement of Rome SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bulleen · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
109
Kew Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kew · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
110
Laburnum Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blackburn · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
111
Mount Scopus Memorial CollegeIndependent · Combined · Co-ed · Years Prep-12 · Burwood · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
112
Glenferrie Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hawthorn · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
113
Giant Steps MelbourneIndependent · Primary · Co-ed · Years U · Kew · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
114
Auburn South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hawthorn East · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
115
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Hawthorn · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
116
Bulleen Heights SchoolGovernment · Special · Co-ed · Years U · Bulleen · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
117
Alia CollegeIndependent · Secondary · Co-ed · Years 7-12 · Hawthorn East · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
118
Doncaster Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Doncaster · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
119
Rossbourne SchoolIndependent · Special · Co-ed · Years 7-12 · Hawthorn · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
120
Blackburn High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Blackburn · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
121
Templestowe CollegeGovernment · Secondary · Co-ed · Years 7-12 · Templestowe Lower · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
122
Old Orchard Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blackburn North · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
123
Ashwood SchoolGovernment · Special · Co-ed · Years U · Ashwood · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
124
St Scholastica's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bennettswood · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
125
Templestowe Valley Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lower Templestowe · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
126
St Luke the Evangelist SchoolCatholic · Primary · Co-ed · Years Prep-6 · Blackburn South · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
127
St Roch's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Glen Iris · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
128
Parkhill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ashwood · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
129
Ss Peter & Paul's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Doncaster East · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
130
Hawthorn West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hawthorn · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
131
Orchard Grove Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blackburn South · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
132
St Kevin's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Templestowe Lower · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
133
St Thomas the Apostle SchoolCatholic · Primary · Co-ed · Years Prep-6 · Blackburn · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
134
Aurora SchoolGovernment · Special · Co-ed · Years U · Blackburn South · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
135
Frank Dando Sports AcademyIndependent · Special · Co-ed · Years 6-10 · Ashwood · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
136
Blackburn English Language SchoolGovernment · Special · Co-ed · Years Prep-10 · Burwood East · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
137
Trinity Catholic SchoolCatholic · Primary · Co-ed · Years Prep-6 · Richmond · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
138
Whitehorse Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blackburn North · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
139
St Philip's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Blackburn North · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
140
Burwood East Special Developmental SchoolGovernment · Special · Co-ed · Years U · Burwood East · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
141
De La Salle CollegeCatholic · Combined · Co-ed · Years 6-12 · Malvern · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
142
Waratah Special Developmental SchoolGovernment · Special · Co-ed · Years U · Bellfield · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
143
Richmond High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
144
Sophia Mundi Steiner SchoolIndependent · Combined · Co-ed · Years Prep-12 · Abbotsford · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
145
Lloyd Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Malvern East · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
146
Bindjiroo Yaluk Community SchoolGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
147
Virtual School VictoriaGovernment · Combined · Co-ed · Years Prep-12 · Thornbury · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
148
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Malvern East · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
149
Armadale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Armadale · 3.5 km
State Rank—English—Maths—Students524Multilingual50%ICSEA Rank50th
150
Austin Hospital SchoolGovernment · Special · Heidelberg · 3.5 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—

Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.

School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.

Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance

LowMedianHighPercentile

Settled 5+ yearsTop 50%

Moved in past yearTop 50%

Arrived from overseas (5 yr)Top 50%

This suburb Typical range (middle 50%) Median suburb

Where residents lived 5 years agoof those who stated

50%

Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%

Residential paceshare of residents

Moved in the past year50%

Moved in the past 5 years50%

Arrived from overseas (5 yr)50%

Property market

Market snapshot

Balwyn median house price & rent

Headline price, rent, yield and time on market for Balwyn — choose a property type and size below.

Active segment

Houses

Units

Median priceⓘLast 12 months

1.30M

↑ +50.0% YoY

Days on marketⓘLast 12 months

↑ 10 days YoY

SoldⓘLast 12 months

↑ +50.0% YoY

Months of supplyⓘLast 12 months

1.1mo

Median rentⓘLast 12 months

$545/w

↑ +0.5% YoY

Days to leaseⓘLast 12 months

flat YoY

LeasedⓘLast 12 months

↑ +50.0% YoY

Gross yieldⓘLast 12 months

2.60%

Annualised

Data confidenceSales sample56StrongLease sample47Strong

Segment breakdown

House & unit prices by bedroom

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Demand percentile 0–100 · last 12 months12-mo change

Segment

Sold

Price

DOM

Leased

Rent

DOM

Yield

SalesRent

Houses · 2 bed56 sales · 47 leases

41+50.0%

$1.30M+0.5%

20 days−10d

55+0.5%

$545/wk+0.5%

12 days+0d

2.60%

—

Houses · 3 bed56 sales · 47 leases

41+0.5%

$1.30M+0.5%

20 days−10d

55+0.5%

$545/wk+50.0%

12 days+0d

2.60%

50/100

Houses · 4 bed56 sales · 47 leases

41+50.0%

$1.30M+0.5%

20 days−10d

55+0.5%

$545/wk+0.5%

12 days+0d

2.60%

50/100

Units · 1 bed56 sales · 47 leases

41+50.0%

$1.30M+50.0%

20 days−10d

55+50.0%

$545/wk+0.5%

12 days+0d

2.60%

50/100

Units · 2 bed56 sales · 47 leases

41+50.0%

$1.30M+50.0%

20 days−10d

55+50.0%

$545/wk+50.0%

12 days+0d

2.60%

50/100

Units · 3 bed56 sales · 47 leases

41+50.0%

$1.30M+0.5%

20 days−10d

55+0.5%

$545/wk+50.0%

12 days+0d

2.60%

50/100

All houses

41+0.5%

$1.30M+0.5%

20 days−10d

55+0.5%

$545/wk+50.0%

12 days+0d

2.60%

50/100

All units

41+50.0%

$1.30M+50.0%

20 days−10d

55+50.0%

$545/wk+0.5%

12 days+0d

2.60%

50/100

Where each segment ranks

Balwyn property growth

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric

Ranked against

Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.

Houses

3/3above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Units

4/4above median

02550 · MEDIAN75100

Percentile vs VIC

Value

The buy-versus-rent equation

Buying vs renting in Balwyn

What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.

Property

Compare to

Units · 1 bed: +1%

Houses · 3 bed: +50%

Houses · 4 bed: +50%

Houses · Total: +50%

Units · 2 bed: +50%

Units · 3 bed: +50%

Units · Total: +50%

VIC MEDIAN · +34%

Rent covers itRenting matches or beats the cost of owning−10% to 0%

BalancedMortgage roughly matches asking rent+30% to +60%

Far pricier to ownBuying costs much more than renting+100% to +130%+

BreakdownLast 12 months

Holding cost

Mortgage

Rent

Premium

Band

Units · 1 bed41 sales55 leases

−$687/wk

$1,232/wk

$545/wk

+1%

Rent-covered

Houses · 3 bed41 sales55 leases

−$687/wk

$1,232/wk

$545/wk

+50%

Typical premium

Houses · 4 bed41 sales55 leases

−$687/wk

$1,232/wk

$545/wk

+50%

Typical premium

Units · 2 bed41 sales55 leases

−$687/wk

$1,232/wk

$545/wk

+50%

Typical premium

Units · 3 bed41 sales55 leases

−$687/wk

$1,232/wk

$545/wk

+50%

Typical premium

Assumes 80% LVR6.0% rate30y P&I

Premium = (weekly mortgage − weekly rent) ÷ weekly rent. Band thresholds are national breakpoints across ~11,400 eligible Australian segments — the Typical premium band spans national P25 to P75, so it’s literally what’s typical.

Market data

How strong is demand, and which way is it heading?

Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.

Side

View

Property

Bedrooms

Radius

Compared against

Sales market velocity

5 nearby suburbs · 10km · Total unit · sales

rising

DOM change YoYis demand rising or falling?

falling

median

Recoveryweak but rising

Boomstrong and rising

Troughweak and falling

Peakstrong but easing

Nearby suburb

Demand index

50 / 100vs VIC

Days on market

14 days0 days YoY

Median price

$617k▲ +11.7% YoY

Sold (last year)

40▲ +3.7% YoY

Nearby suburb

Demand index

33 / 100vs VIC

Days on market

20 days▼ −2 days YoY

Median price

$618k▼ −29.0% YoY

Sold (last year)

15▲ +63.7% YoY

Nearby suburb

Demand index

34 / 100vs VIC

Days on market

16 days▼ −1 day YoY

Median price

$586k▲ +2.0% YoY

Sold (last year)

47▼ −8.4% YoY

Nearby suburb

Demand index

73 / 100vs VIC

Days on market

18 days0 days YoY

Median price

$626k▼ −0.1% YoY

Sold (last year)

80▼ −0.5% YoY

Nearby suburb

Demand index

45 / 100vs VIC

Days on market

23 days▲ +3 days YoY

Median price

$975k▲ +4.9% YoY

Sold (last year)

46▼ −4.8% YoY

Balwyn · this suburb

Demand index

81 / 100vs VIC

Days on market

20 days▼ −10 days YoY

Median price

$1.30M▲ +50.0% YoY

Sold (last year)

41▲ +50.0% YoY

weakSales market velocityhow strong sales demand isstrong

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

Sales market velocity

How strong is sales demand — and is it rising or falling?

What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes

Sales market velocityX axis

how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis

is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

Balwyn against the neighbourhood

Eight diagnostic views cutting the data a different way each time — Balwyn in blue, peers in colour.

Pair

View

Property

Bedrooms

Radius

How fast — and is it getting faster?

4 peer suburbs · 10km · Total unit

faster

DOM change YoYvs 12 months ago

slower

median

Recoveringquiet but accelerating

Boomingbusy and accelerating

Stalledquiet and slowing further

Coolingbusy but slowing

Nearby suburb

Demand index

42 / 100vs Australia

Days on market

14 days0 days YoY

Median price

$617k▲ +11.7% YoY

Sold (last year)

40▲ +3.7% YoY

Gross yield

2.28%

Nearby suburb

Demand index

35 / 100vs Australia

Days on market

16 days▼ −1 day YoY

Median price

$586k▲ +2.0% YoY

Sold (last year)

47▼ −8.4% YoY

Gross yield

2.50%

Nearby suburb

Demand index

51 / 100vs Australia

Days on market

18 days0 days YoY

Median price

$626k▼ −0.1% YoY

Sold (last year)

80▼ −0.5% YoY

Gross yield

2.71%

Nearby suburb

Demand index

34 / 100vs Australia

Days on market

23 days▲ +3 days YoY

Median price

$975k▲ +4.9% YoY

Sold (last year)

46▼ −4.8% YoY

Gross yield

2.15%

Balwyn · this suburb

Demand index

50 / 100vs Australia

Days on market

20 days▼ −10 days YoY

Median price

$1.30M▲ +50.0% YoY

Sold (last year)

41▲ +50.0% YoY

Gross yield

2.60%

slowDays on marketmedian days to sellfast

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

How much is available right now?

Housing supply & months of stock

How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.

View

Hide thin-sample rows

Sales market

Band	Months of supply left	YoY	Listed	Sold	Per month
Severe shortage	1.1	▼ -2.1	4	41	3.4
Balanced	2.7	▲ +2.1	9	41	3.4
Slightly loose	3.4	▲ +0.8	12	41	3.4
Loose	4.0	▲ +1.4	14	41	3.4
Loose	5.3	▲ +3.2	18	41	3.4
Loose	5.5	▲ +0.4	19	41	3.4
Loose	5.6	▲ +4.8	19	41	3.4
Loose	6.6	▲ +3.5	23	41	3.4

median

Rental market

Band	Months of supply left	YoY	Listed	Leased	Per month
Tight	0.4	▼ -1.6	2	55	4.6
Tight	0.5	▼ -0.4	2	55	4.6
National typical	0.7	—	3	55	4.6
Loose	1.3	▲ +0.1	6	55	4.6
Loose	1.5	▲ +0.7	7	55	4.6
Oversupply	2.0	▲ +0.8	9	55	4.6
Oversupply	2.1	—	10	55	4.6
Oversupply	2.5	▲ +0.8	11	55	4.6

median

Severe

Very Tight

Tight

Balanced

Loose

Very Loose

Saturated

Under-suppliedOver-supplied

Market data

Who's transacting — buyers or tenants?

Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.

Property

Balwyn — Units & Houses, all bedrooms

Jul 2021 – Jun 2026 · each point = a 12-month window

Sales · buyer transactions

Leases · tenant transactions

Five-year arc

Balwyn median house price & rent history

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Five-year summaryAs of Jun 2026, the median house sale price in Balwyn rose from $1.28M (Jul 2021) to $2.10M (Jun 2026) — +63.5% growth over five years — peaking at $2.69M between Jul 2024 and Jun 2025. Median house rent went from $628/wk to $645/wk (+2.7%) over the same period. For units, the median sale price rose from $468k to $678k (+45.1%), with rent up from $230/wk to $469/wk (+103.9%) over the same period.

Property

Bedrooms

Median price (trailing year)

Jun 2026

$2.10M-22.1%

5y median $2.15Mvs last year $2.69M

Total sales (trailing year)

Jun 2026

119-23.2%

5y median 127vs last year 155

Days on market (trailing year)

Jun 2026

16 days-8

5y median 28 daysvs last year 24 days

Median rent (trailing year)

Jun 2026

$645/wk-6.5%

5y median $609/wkvs last year $690/wk

Total leases (trailing year)

Jun 2026

74-35.1%

5y median 95vs last year 114

Days on market (rental) (trailing year)

Jun 2026

20 days-1

5y median 18 daysvs last year 21 days

Gross yield (trailing year)

Jun 2026

1.73%+0.79 pt

5y median 1.12%vs last year 0.94%

Months of supply

Jun 2026

3.5 months+71.1%

5y median 2.4 monthsvs last year 2.1 months

Months of supply (rental)

Jun 2026

1.6 months-21.1%

5y median 1.6 monthsvs last year 2.0 months

Nearby markets

Suburbs near Balwyn: prices compared

The nearest suburbs to Balwyn, ranked by distance — each lined up against Balwyn on the same measures, so the differences jump out at a glance.

Market

Property

Bedrooms

Radius

Colour by

This marketBalwynVIC 3103 · Units · Total

Price$1.30M

DOM20 days

Sold41

5 markets within 5kmLast 12 months

CanterburyVIC 31261.1kmUnits · Total

DeepdeneVIC 31031.2kmUnits · Total

Price$618k

DOM20 days

Sold15

much cheapersimilar speed

Mont AlbertVIC 31271.4kmUnits · Total

Balwyn NorthVIC 31041.6kmUnits · Total

Surrey HillsVIC 31271.8kmUnits · Total

Stat colourHow each suburb's stat compares to Balwyn

Much lowerLowerSimilarHigherMuch higher

Similar markets

Suburbs like Balwyn

Suburbs anywhere in VIC that behave like Balwyn — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)

Balwyn vs Burwood: the closest sales-market match trades at a median of $455k against Balwyn's $1.30M — about 65% lower, with homes selling in 25 days versus 20 days here.

Colour by

Property

Bedrooms

Market

This marketBalwynVIC 3103Units · Total

Price$1.30M

DOM20 days

Sold41

Most similar sales markets · within 2.2–9 kmLast 12 months

BurwoodVIC 31254km57% match

Price$455k

DOM25 days

Sold90

KewVIC 31013km77% match

Price$557k

DOM18 days

Sold189

CamberwellVIC 31242km73% match

Price$693k

DOM24 days

Sold192

Box Hill NorthVIC 31292km52% match

Price$728k

DOM23 days

Sold69

Oakleigh EastVIC 31669km58% match

Price$537k

DOM24 days

Sold48

Stat colourHow each suburb's stat compares to Balwyn

Much lowerLowerSimilarHigherMuch higher

Comparable sales markets to Balwyn: Burwood property growth, Kew market trends, Camberwell median house price, Box Hill North property growth and Oakleigh East property growth.

Balwyn's closest rental-market twins: Burwood house prices, Oakleigh East house prices, Box Hill North property growth, Camberwell median house price and Kew (VIC 3101). Each link opens that suburb's full market report.

Market data

Frequently asked · Balwyn

26 data-driven answers about Balwyn's property market — every one computed from the metrics above.

What things cost

Prices, rent, yield, ownership cost

What is the median house price in Balwyn?

The median house price in Balwyn, VIC 3103 is $1.3M as of June 2026, based on 56 sales over the past 12 months. Houses there have moved +0.5% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

What is the median unit price in Balwyn?

The median unit price in Balwyn, VIC 3103 is $1.3M as of June 2026, based on 56 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.

How much does it cost to rent in Balwyn?

The median weekly house rent in Balwyn is $545 as of June 2026, drawn from 47 leases over the past 12 months. Units rent for around $545 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.

How much is rent for a 3 bedroom house in Balwyn?

A 3 bedroom house in Balwyn rents for a median $545 per week as of June 2026, drawn from 47 leases over the past 12 months. Across other house sizes: 2-bedroom $545/week, 4-bedroom $545/week. Unit rents: 1-bedroom $545/week, 2-bedroom $545/week, 3-bedroom $545/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.

What is the gross rental yield in Balwyn?

Gross rental yield in Balwyn is 2.60% for houses and 2.60% for units as of June 2026, compared with the VIC unit median of 4.66%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

How much is a 3 bedroom house in Balwyn?

As of June 2026, Balwyn medians by bedroom count:

How much is a 3 bedroom house in Balwyn?
Property	1 bed	2 bed	3 bed	4 bed	Total
Houses	—	$1.3M	$1.3M	$1.3M	$1.3M
Units	$1.3M	$1.3M	$1.3M	—	$1.3M

Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.

What does it cost to own versus rent at the Balwyn median?

At the median Balwyn house ($1.3M purchase, $545/week rent), weekly mortgage repayments sit at roughly $1232 — about $687 more per week than renting. That gap is the ownership premium. For the median unit ($1.3M purchase, $545/week rent), repayments run about $1232 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.

How the market is moving

Speed, supply, growth, cycle phase

What are Balwyn's property market trends?

Balwyn's property market trends to June 2026: house prices rose +0.5% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes now sell in a median 20 days — faster than a year ago by 10; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Balwyn market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.

What does the data say about Balwyn as an investment?

As of June 2026 in Balwyn, house prices rose +0.5% over the year, gross rental yield is 2.60% against a VIC median of 2.47%, houses take a median 20 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.

How quickly do houses sell in Balwyn?

Houses in Balwyn sell in a median 20 days on market as of June 2026, with units clearing slightly similarly at 20 days. Days on market have tightened by 10 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.

Is Balwyn a tight or loose property market right now?

Balwyn's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.

Have property prices in Balwyn gone up or down?

House prices in Balwyn moved +0.5% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.

How active is the rental market in Balwyn?

Balwyn's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 55 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.

Where is Balwyn in its property market cycle?

Balwyn's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.

How it compares

Vs state, vs nearby, vs popular

How does Balwyn compare to other VIC suburbs?

Balwyn's median house price ($1.3M) is 199% above the VIC median ($435k) as of June 2026. On selling speed, houses clear in 20 days vs 25 days state median. On gross yield, Balwyn sits at 2.60% vs 2.47% state median.

How does Balwyn compare to neighbouring suburbs?

Balwyn's most-similar nearby market is Albert Park (7.2 km away) with a median house price of $1.41M — about 8% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.

What's the most popular property type in Balwyn?

The most-transacted segment in Balwyn over the 12 months to June 2026 is 2 bed houses with 41 sales. 3 bed houses come second at 41 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

How many properties were sold and leased in Balwyn last year?

Balwyn recorded 41 house sales and 41 unit sales over the 12 months to June 2026 — a combined 82 transactions. On the rental side, 55 houses and 55 units were leased. Segments with statistically thin samples are excluded from displayed figures.

About the area

Population, income, who lives here, schools

What postcode is Balwyn in?

Balwyn is in postcode 3103, in the Inner East Melbourne region of VIC. Addresses there are written as Balwyn, VIC 3103.

What is the population of Balwyn?

Balwyn, VIC 3103 is home to 8,735 residents (ABS Census 2021). The median resident age is 26, and the average household holds 1.6 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

What is the median household income in Balwyn?

The median household in Balwyn earns $2k per week — roughly $78k a year (ABS Census 2021). Median personal income runs $633/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

What is the unemployment rate in Balwyn?

The unemployment rate in Balwyn is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Do people own or rent in Balwyn?

Balwyn is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

What schools are near Balwyn?

Balwyn has 150 schools within reach, 3 of them inside the suburb itself — including Balwyn Primary School, Fintona Girls' School, Belmore School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Is Balwyn a good place to live?

Balwyn, VIC 3103 has a population of 8,735, a median age of 26, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

About this data

Methodology and update cadence

When was this Balwyn market data last updated?

This Balwyn market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.