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
4 Weston St, Balwyn3PriceHousePassed in Vendor Bid11/09/2026Jellis Craig
203/340 Whitehorse Rd, Balwyn2PriceApartmentPrivate Sale16/08/2026Jellis Craig
22A Belgrove Av, Balwyn4PriceTownhousePassed in at Auction11/09/2026Marshall White & Co
93 Winmalee Rd, Balwyn4PriceHousePassed in at Auction11/09/2026Nelson AlexanderView
607/188 Whitehorse Rd, Balwyn1PriceApartmentPrivate Sale9/09/2026Ray White BalwynView
9/229 Whitehorse Rd, Balwyn3PriceHousePrivate Sale26/08/2026Marshall WhiteView

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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