Melbourne
Balwyn North property prices over the past 11 years
Explore how median house and unit prices have changed over time using annual sales data.
For Balwyn North, a decade of median prices is easier to interpret when houses and apartments are read as distinct markets. Look across the full period rather than one isolated year, and consider sales activity alongside price movement when you form a view of the longer trend.
Price history
Compare annual median house and unit prices across the same period. Switch between nominal and inflation-adjusted values to view historical price movement in different terms.
Balwyn North property market: a decade in context
A longer-term view of how house and unit prices have moved across the decade.
From 2016 to 2026, house prices increased by 22.70% and unit prices rose by 22.45%. House prices recorded their strongest annual increase in 2021, showing that growth has not been linear, before easing in the latest year-to-date figures. Across the decade, both property types finished above where they began and followed a broadly similar direction through the full reporting window, with transaction volumes remaining relatively consistent across the period. Taken together, the figures show how prices moved across the decade rather than in any single year alone.
Year-by-year medians
Compare annual median prices, sales volume, growth and recorded price ranges. Switch between houses and units to focus on one property type at a time.
| Year | House median | House sales | House growth | House low | House high |
|---|---|---|---|---|---|
| 2026 | $2,208,000 | 326 | -6.04% | — | — |
| 2025 | $2,350,000 | 314 | +2.00% | $890,000 | $6,850,000 |
| 2024 | $2,305,000 | 305 | -4.40% | $362,000 | $8,600,000 |
| 2023 | $2,410,000 | 299 | +5.70% | $1,075,000 | $7,550,000 |
| 2022 | $2,281,000 | 315 | -0.80% | $990,000 | $7,600,000 |
| 2021 | $2,299,000 | 389 | +21.00% | $274,802 | $6,518,000 |
| 2020 | $1,900,000 | 240 | +11.80% | $500,000 | $5,288,000 |
| 2019 | $1,700,000 | 291 | -5.60% | $300,000 | $7,300,000 |
| 2018 | $1,800,000 | 246 | -7.70% | $860,000 | $6,180,000 |
| 2017 | $1,950,000 | 305 | +8.40% | $42,000 | $5,818,000 |
| 2016 | $1,799,500 | 324 | — | $70,000 | $5,900,000 |
A more considered view on your property's value