Median house price
$2.67M
Melbourne
Balwyn
Overview
Balwyn is an inner-east suburb within easy reach of Melbourne's CBD, with tree-lined residential streets and local cafés and public transport. Local shopping, dining and transport sit close to the residential streets, within a short walk or tram ride of most homes.
the main shopping strip puts cafés, shops and local services within walking distance of period houses and newer apartments, which tends to suit owner-occupiers who want more space with cafés, shops and public transport close to home.
The current median house price sits around $2.67M, with annual movement that has softened compared with the prior year. Even so, comparable sales on the same street can sit well above or below that line depending on period detail, land and condition.
Market performance in Balwyn
Understand the key indicators shaping the local property market before exploring the latest figures.
Average days on market
29 days
Annual price growth
-7.10%
Auction clearance rate
62%
Market insights
Explore deeper market analysis, auction activity and local trends to better understand how the suburb is performing.
Auction results
Explore weekly clearance rates, auction volumes, and sold results across Balwyn and nearby.
Quarterly market updates
Read quarterly analysis on market movements, buyer behaviour, and key shifts shaping Balwyn.
Sold insights
Compare recent sales across different property types and bedroom configurations to better understand local market activity.
| Bedrooms | 12 mo salesLast 12 months sales | Median price | Avg DOMAvg days on market | Clearance | RentRental median |
|---|---|---|---|---|---|
| AllAll houses | 159 | $2,665,000 | 29 days | 62% | $1,100 pw |
| 1 bed1 bedroom | 1 | — | — | — | $1,290 pw |
| 2 bed2 bedrooms | 11 | $1,511,000 | 26 days | 56% | $670 pw |
| 3 bed3 bedrooms | 40 | $2,227,500 | 25 days | 75% | $813 pw |
| 4 bed4 bedrooms | 53 | $2,551,500 | 30 days | 52% | $1,200 pw |
| 5 bed5 bedrooms | 46 | $4,012,500 | 34 days | 70% | $1,650 pw |
Recent sales in Balwyn
Browse recent sales to see how comparable properties have performed across the suburb.
Lifestyle and neighbourhood
Discover the places, amenities and everyday experiences that make this suburb unique.
Nearby schools
Compare nearby schools, catchments and education options for local families.
Fintona Girls' School
Primary/Secondary · Independent
79 Balwyn Road, Balwyn
Balwyn Primary School
Primary · Government
86B Balwyn Road, Balwyn
Belmore School
Special · Government
49 Stroud Street, Balwyn
Landmarks
Balwyn offers landmarks such as parks and gardens, trails and waterways, libraries, and churches and parishes.
Balwyn Park
206A Whitehorse Rd, Balwyn VIC 3103
Maranoa Botanic Gardens
Parring Rd, Balwyn VIC 3103
Beckett Park
Parring Rd, Balwyn VIC 3103
Transport and connectivity
Train, tram, and road networks keep Balwyn linked to the CBD and surrounding suburbs.
Closest station
Canterbury — Belgrave/Lilydale/Alamein
Additional stations
Chatham — Same corridor
Major tram routes
Routes 109 and 72 — Whitehorse Road toward CBD and Docklands / Box Hill / Burke Road toward Camberwell Junction, Gardiner interchange, Brighton
Bus connections
Camberwell Station and Camberwell Junction sit just south-east for dense tram interchange.
Road access
Doncaster Road and Balwyn Road (tram 48) are a short transfer north toward North Balwyn and the Eastern Freeway corridor — see PTV.
Compare Balwyn with other Melbourne suburbs
See how Balwyn compares across property prices, lifestyle, schools, transport, walkability and local amenities against nearby Melbourne suburbs.
Property directory in Balwyn
Browse homes currently on the market and discover opportunities across the suburb.
