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 |
|---|---|---|---|---|---|---|---|
| 312 Belmore Rd, Balwyn | 4 |  | House | Passed in at Auction | 20/02/2026 | Marshall White & Co | View |
| 32 Birdwood St, Balwyn | 4 |  | House | Passed in at Auction | 20/02/2026 | Buxton | View |
| 12 Mangan St, Balwyn | 3 | | House | Auction Sale | 20/02/2026 | Nelson Alexander | View |
| 43 Narrak Rd, Balwyn | 4 | | House | Auction Sale | 20/02/2026 | Fletchers | View |
| 2/44 Relowe Cr, Balwyn | 4 | | Townhouse | Sold Before Auction | 17/02/2026 | Ray White Balwyn | View |
| 1/6 Parring Rd, Balwyn | 3 | | House | Private Sale | 9/02/2026 | Jellis Craig |
Sales data
Median sale price
$2.8mil
Quarterly price change
6.5%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Balwyn | Metro comparison |
|---|---|---|
| 2 | - | $940,000 |
| 3 | $2,152,500 | $851,000 |
| 4 | $2,688,888 | $970,000 |
| Insight | Balwyn | Metro comparison |
|---|---|---|
| Clearance rate | 62.9% | 77.8% |
| Days on market | 44 | 36 |
Rental data
Median weekly rent
$983
Rental yield
1.8%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Balwyn | Metro comparison |
|---|---|---|
| 2 | - | $585 |
| 3 | $840 | $550 |
| 4 | $1,190 | $600 |
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