Median house price
$2.21M
Melbourne
Balwyn North
Overview
Balwyn North 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.
local village shopping 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 $2.21M, 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 North
Understand the key indicators shaping the local property market before exploring the latest figures.
Average days on market
29 days
Annual price growth
-6.04%
Auction clearance rate
66%
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 North and nearby.
Quarterly market updates
Read quarterly analysis on market movements, buyer behaviour, and key shifts shaping Balwyn North.
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 | 326 | $2,208,000 | 29 days | 66% | $913 pw |
| 1 bed1 bedroom | 2 | — | — | 1% | — |
| 2 bed2 bedrooms | 10 | $1,475,000 | 23 days | 71% | — |
| 3 bed3 bedrooms | 83 | $1,950,000 | 26 days | 67% | $750 pw |
| 4 bed4 bedrooms | 135 | $2,180,000 | 26 days | 73% | $1,030 pw |
| 5 bed5 bedrooms | 74 | $2,883,000 | 36 days | 51% | $1,250 pw |
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.
Balwyn North Primary School
Primary · Government
Buchanan Avenue, Balwyn North
Greythorn Primary School
Primary · Government
Reading Avenue, Balwyn North
Belle Vue Primary School
Primary · Government
20 Highview Road, Balwyn North
Landmarks
Balwyn North offers landmarks such as parks and gardens, trails and waterways, libraries, and churches and parishes.
Greythorn Park
11a Alpha St, Balwyn North VIC 3104
Macleay Park
101 Belmore Rd, Balwyn North VIC 3104
Koonung Creek linear reserve (Balwyn North)
Koonung Creek corridor near Doncaster Rd, Balwyn North VIC 3104
Transport and connectivity
Train, tram, and road networks keep Balwyn North linked to the CBD and surrounding suburbs.
Closest station
Union — Belgrave / Lilydale group
Additional stations
Surrey Hills — Same line
Major tram routes
Routes 109 and 48 — Whitehorse Road
Bus connections
Doncaster Road carries high-frequency buses (including east–west links toward the city and Doncaster hill); Greythorn shops sit on the Doncaster…
Road access
Eastern Freeway (M3) and Doncaster Road feed peak commuter traffic; allow extra time in peak hour.
Compare Balwyn North with other Melbourne suburbs
See how Balwyn North compares across property prices, lifestyle, schools, transport, walkability and local amenities against nearby Melbourne suburbs.