Market snapshot

Suburb insights for Balwyn3103

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Balwyn, 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
30 Burroughs Rd, Balwyn4PriceHouseAuction Sale24/10/2025Ray White Box Hill
15 King St, Balwyn5PriceHousePassed in at Auction24/10/2025Jellis Craig
16 Winmalee Rd, Balwyn1PriceHousePassed in at Auction24/10/2025BuxtonView
1/30 Cremorne St, Balwyn3PriceUnitPassed in at Auction24/10/2025BuxtonView
2/18 Head St, Balwyn2PriceUnitAuction Sale24/10/2025Marshall WhiteView
10/11 Parring Rd, Balwyn2PriceUnitAuction Sale24/10/2025Kay & BurtonView
18 Reid St, Balwyn5PriceHouseAuction Sale24/10/2025Kay & BurtonView

Sales data

Median sale price
$2.4mil
Quarterly price change
-21.8%
Metro Melbourne Comparison
$955k
2.7%
BedroomsBalwynMetro comparison
2-$910,000
3$2,227,500$830,000
4$2,850,000$951,500
InsightBalwynMetro comparison
Clearance rate72.5%81.4%
Days on market3936

Rental data

Median weekly rent
$950
Rental yield
1.7%
Metro Melbourne Comparison
$580
3.3%
BedroomsBalwynMetro comparison
2-$580
3$840$550
4$1,165$600
Median data for the current quarter

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