Market snapshot
Suburb insights for Balwyn3103
Change suburbBalwyn, 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 4/1 Brenbeal St, Balwyn | 2 |  | Unit | Auction Sale | 5/12/2025 | Jellis Craig | |
| 1/6 Parring Rd, Balwyn | 3 |  | House | Passed in at Auction | 5/12/2025 | Jellis Craig | |
| 3/23 Weir St, Balwyn | 2 |  | Unit | Auction Sale | 5/12/2025 | Fletchers | View |
| 1/43 Yerrin St, Balwyn | 3 |  | Unit | Passed in Vendor Bid | 5/12/2025 | Jellis Craig | |
| 2/6 Westminster St, Balwyn | 2 |  | Unit | Sold Before Auction | 4/12/2025 | Barry Plant - Balwyn | |
| 7 Elliott Av, Balwyn | 5 |  | House | Passed in Vendor Bid | 5/12/2025 | Marshall White & Co | View |
| 132 Gordon St, Balwyn | 4 | | House | Passed in at Auction | 5/12/2025 | Buxton | View |
| 135 Gordon St, Balwyn | 2 | | House | Auction Sale | 5/12/2025 | Nelson Alexander | View |
| 2/339 Union Rd, Balwyn | 4 | | Townhouse | Passed in Vendor Bid | 5/12/2025 | Marshall White & Co | View |
| 35 Winmalee Rd, Balwyn | 4 | | House | Private Sale | 3/12/2025 | Ray White Balwyn | View |
| 362 Union Rd, Balwyn | 2 | | Apartment | Private Sale | 21/11/2025 | Jellis Craig | |
| 31 Jurang St, Balwyn | 3 | | House | Private Sale | 20/11/2025 | Scott Kim Real Estate Pty Ltd | View |
| 2/31 Northcote Av, Balwyn | 3 | | Unit | Sold Before Auction | 20/11/2025 | Ray White Balwyn | View |
| 4/100 Balwyn Rd, Balwyn | 2 | | Apartment | Private Sale | 18/11/2025 | Marshall White | View |
| 6/55 Yarrbat Av, Balwyn | 3 | | Unit | Private Sale | 17/11/2025 | Buxton | View |
| 18 Winmalee Rd, Balwyn | 5 | | House | Private Sale | 14/11/2025 | Jellis Craig |
Sales data
Median sale price
$2.4mil
Quarterly price change
-21.8%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Balwyn | Metro comparison |
|---|---|---|
| 2 | - | $910,000 |
| 3 | $2,227,500 | $830,000 |
| 4 | $2,850,000 | $951,500 |
| Insight | Balwyn | Metro comparison |
|---|---|---|
| Clearance rate | 72.5% | 81.4% |
| Days on market | 39 | 36 |
Rental data
Median weekly rent
$950
Rental yield
1.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Balwyn | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $840 | $550 |
| 4 | $1,165 | $600 |
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