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
4/86A Balwyn Rd, Balwyn3PriceVillaPrivate Sale9/03/2026Nelson AlexanderView
137/188 Whitehorse Rd, Balwyn2PriceApartmentPrivate Sale5/03/2026BuxtonView

Sales data

Median sale price
$2.8mil
Quarterly price change
-0.5%
Metro Melbourne Comparison
$992k
1.9%
BedroomsBalwynMetro comparison
2-$950,000
3$1,950,000$863,000
4$2,700,000$980,500
InsightBalwynMetro comparison
Clearance rate74.4%74.9%
Days on market4337

Rental data

Median weekly rent
$983
Rental yield
1.8%
Metro Melbourne Comparison
$580
3.1%
BedroomsBalwynMetro comparison
2-$595
3$840$550
4$1,200$595
Median data for the current quarter
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