Market snapshot

Suburb insights for Balwyn3103

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Balwyn, located 10 km east of the CBD, is one of Melbourne’s most prestigious family suburbs. Renowned for its grand period homes, leafy streets, and strong school zoning, including the sought-after Balwyn High School zone, Balwyn also offers boutique shopping and dining along Whitehorse Road. Excellent tram and bus links, combined with proximity to private schools and parks like Maranoa Gardens, make Balwyn a perennial favourite for families and professionals.

Recent sales and auction results in Balwyn

AddressBedroomsPriceTypeMethodSale DateAgentListing
10/5 Boston Rd, Balwyn3PriceUnitPassed in at Auction17/07/2026HeavysideView
4/42 Northcote Av, Balwyn2PriceApartmentAuction Sale17/07/2026Jellis Craig
103/201 Whitehorse Rd, Balwyn2PriceApartmentPrivate Sale7/07/2026Ham Kerr PropertyView
3/8 Parring Rd, Balwyn3PriceUnitPrivate Sale5/07/2026Scott Kim Real Estate Pty LtdView

Sales data

Median sale price
$2.6mil
Quarterly price change
-4.8%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsBalwynMetro comparison
2-$950,000
3$2,205,000$872,000
4$2,440,000$990,000
InsightBalwynMetro comparison
Clearance rate60.5%68.8%
Days on market4342

Rental data

Median weekly rent
$1,000
Rental yield
1.9%
Metro Melbourne Comparison
$580
3.1%
BedroomsBalwynMetro comparison
2-$600
3$850$560
4$1,200$600
Median data for the current quarter
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