Explore property prices, sales activity and market trends to understand how the local market is performing over time.
Market data for Balwyn is most useful when you compare houses and units as separate markets, because each property type can move at its own pace. Median prices, annual growth and sales activity each add context. Reading them together is more useful than relying on any one figure alone.
Compare median house and unit prices over time, alongside annual sales volume.
The median house price decreased by 7.10% over the past year. The median unit price increased by 5.35%, moving in the opposite direction to houses. More properties changed hands than the previous year, reflecting higher sales activity. Houses and units are showing different trends, so compare similar property types rather than relying on a suburb-wide median.
Compare median house prices with nearby suburbs across different bedroom configurations.
Bedrooms
Key indicators that reflect current market conditions and sales activity.
Houses
House auction clearance rate
62%
House days on market
29 days
House properties sold
159
House rental median
$1,100 pw
Units
Unit auction clearance rate
76%
Unit days on market
26 days
Unit properties sold
171
Unit rental median
$615 pw
Properties sold
Census-based demographic information about the local community.
Population
13,495
Average age
43
Total dwellings
5,756
Avg household size
2.6
Ownership breakdown
Household composition

A more considered view on your property's value