Profiles
Nearby Suburbs
Real Estate Market: Is Balwyn VIC 3103 a Good Suburb to Buy Into?
Housing Market in Balwyn
Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $1,030 | Top 8% |
|
||
| Premium | Premium | Premium |
Housing Supply in Balwyn
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 402 | Top 10% |
|
||
| 1.1 | Bottom 34% | Data for Jul 2023 | ||
| 97.8 | Top 1% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 79 lots | Top 8% |
|
||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 49 | Top 2% |
|
Housing Stock Quality in Balwyn
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 58.8% | Bottom 5% |
|
||
| 2.6 | Top 39% | Data for Jan 2021 | ||
| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Balwyn
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 4.4 sq km | Bottom 39% | Data for Jan 2021 | ||
| 0.2 sq km | Top 25% | Data for Jun 2023 | ||
| 311 sqm per resident | Bottom 10% | Data for Jan 2021 |
Risk in Balwyn
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 77.2% | Bottom 13% |
|
||
| 22.8% | Top 13% |
|
||
| 80 | Top 2% | Data for Jun 2023 | ||
| $2,600 | Top 19% |
|
||
| 77 | Bottom 44% | Data for Jun 2023 | ||
| 78 | Top 34% | Data for Jun 2023 | ||
| 34.9% | Top 8% |
|
||
| 30.1% | Bottom 25% |
|
Housing Demand in Balwyn
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 17900 | Top 26% |
|
||
| 175000 | Top 6% |
|
||
| Premium | Premium | Premium | ||
| 207000 | Top 7% |
|
||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Balwyn
Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $648 | Top 17% |
|
||
| Premium | Premium | Premium | ||
| 35.1% | Bottom 4% |
|
Realtors (9)
| Headline | Place | Datetime |
|---|---|---|
| Australian Owners Corporation Property Management | 204 Whitehorse Rd | |
| Excel Owners Services | 439A Whitehorse Rd | |
| Ham Kerr Property | 230 Whitehorse Rd | |
| hockingstuart Balwyn PM | 279 Whitehorse Rd | |
| Ray White Balwyn | 367 Whitehorse Rd |
Median House Rental Prices by Street (32)
| Level_0 | Street | Date | Median rent (per week) |
|---|---|---|---|
| 47284 | Freeman St | 28 Mar 2026 | $758 |
| 47313 | Gordon St | 28 Mar 2026 | $975 |
| 47392 | Iramoo St | 28 Mar 2026 | $1,052 |
| 47414 | Jurang St | 28 Mar 2026 | $1,019 |
| 47434 | Kireep Rd | 28 Mar 2026 | $726 |
Planning Applications: Dwellings (75)
| Headline | Place | Date |
|---|---|---|
| (Extension of Time) Permit allows: Construction of two dwellings on a lot and the construction of a front fence greater than 1.5 metres in height - Boroondara City Council PEOT26/0031 | 11 Jersey Street, Balwyn VIC 3103 | 05 Mar 2026 |
| Extension of time request-Construction of two dwellings on a lot - Boroondara City Council PEOT26/0022 | 29 Banool Road, Balwyn VIC 3103 | 24 Feb 2026 |
| (Section 72 Amendment) Permit Allows: Use and development of the land for medical centre (dental clinic), reduction of the car parking requirement and create access a road in a Transport Zone 2 within the General Residential Zone (Schedule 4) and Design and Development Overlay (Schedule 16) - Boroondara City Council PP23/0258.01 | 1 / 346 Whitehorse Road, Balwyn VIC 3103 | 12 Feb 2026 |
| (Plans for Endorsement) Permit allows: Construction of two dwellings on a lot - Boroondara City Council PCon26/0014 | 29 Banool Road, Balwyn VIC 3103 | 12 Feb 2026 |
| (CMP for Endorsement - Construction Phase) Permit Allows: Demolition of existing building & construction of thirty one (31) dwellings and a front fence on land affected by a Heritage Overlay - Boroondara City Council PCon26/0006 | 58 / 23 Maleela Avenue, Balwyn VIC 3103 | 17 Jan 2026 |
Planning Applications: Other (25)
| Headline | Place | Date |
|---|---|---|
| (Section 72 Amendment) Permit Allows: Use and development of the land for medical centre (dental clinic), reduction of the car parking requirement and create access a road in a Transport Zone 2 within the General Residential Zone (Schedule 4) and Design and Development Overlay (Schedule 16) - Boroondara City Council PP23/0258.01 | 1 / 346 Whitehorse Road, Balwyn VIC 3103 | 12 Feb 2026 |
| PURPOSE OF PLAN: (i) REMOVE EASEMENT E-1 ON PS336567V. (ii) CREATE EASEMENT E-2 AS DESCRIBED IN THE TABLE BELOW AND AS SHOWN ON THE DIAGRAM HEREIN. GROUNDS FOR REMOVAL AND CREATION OF EASEMENTS: BY DIRECTION OF PLANNING PERMIT No. ISSUED BY BOROONDARA CITY COUNCIL - Streamlined Planning through Electronic Applications and Referrals S259121T | 23 Maleela Avenue, Balwyn VIC 3103 | 09 Jan 2026 |
| Part demolition and alterations and additions to an existing residential aged care facility and construction of three dwellings on a lot in a Heritage Overlay - Boroondara City Council PA25/0042 | 41 - 45 Yarrbat Avenue, Balwyn VIC 3103 | 26 Nov 2025 |
| To include Land in TP972839A in Lot 5 and Common Property No. 1 on PS818046Q creating new Lot 5A. To include part of Common Property No. 1 on PS818046Q in Lot 9 on PS818046Q creating new Lot 9A. - Streamlined Planning through Electronic Applications and Referrals S256008T | 5/1 Parring Road, Balwyn VIC 3103 | 01 Oct 2025 |
| (Secondary Consent) Permit Allows: Four unit development - Boroondara City Council PSec25/0176 | 74 Balwyn Road, Balwyn VIC 3103 | 27 Aug 2025 |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Boroondara |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 32 Norbert St | Price Withheld | 3.0 | 1.0 | 1.0 | 05 Feb 2026 | 0 | On Market |
| 3 Norbert St | Price Withheld | 4.0 | 1.0 | 1.0 | 22 Dec 2025 | 0 | On Market |
| 316 Belmore Rd | Price Withheld | 4.0 | 3.0 | 2.0 | 13 Dec 2025 | 0 | On Market |
| 20 Frederick St | Price Withheld | 3.0 | 2.0 | 2.0 | 13 Dec 2025 | 0 | On Market |
| 63 Balwyn Rd | Price Withheld | 12.0 | 6.0 | 6.0 | 12 Dec 2025 | 0 | On Market |
Median Unit Sale Prices by Street (20)
| Date | Median sale value | Street |
|---|---|---|
| 28 Mar 2026 | $933,400 | Balwyn Rd |
| 28 Mar 2026 | $873,300 | Banool Rd |
| 28 Mar 2026 | $1,479,000 | Belmore Rd |
| 28 Mar 2026 | $687,300 | Bevan St |
| 28 Mar 2026 | $1,135,000 | Boston Rd |
Percent of Renters by Street (100)
| Percent of Renters | Street |
|---|---|
| 40.4% | Austin St |
| 25.2% | Bernborough Ave |
| 36.6% | Bernborough Avenue |
| 46.4% | Bevan St |
| 38.0% | Bevan Street |
Turnover Rate by Street (100)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 45.3% | Talbot Ave | very tightly held | Every 22.1 years (very tightly held) | 2026 |
| 69.3% | Kireep Rd | average turnover | Every 14.4 years (average turnover) | 2026 |
| 106.8% | Whitehorse Rd | very high turnover | Every 9.4 years (very high turnover) | 2026 |
| 63.1% | Rochester Rd | quite tightly held | Every 15.9 years (quite tightly held) | 2026 |
| 97.8% | Relowe Cr | high turnover | Every 10.2 years (high turnover) | 2026 |
Median House Sale Prices by Street (63)
| Street | Date | Median sale value |
|---|---|---|
| Balwyn Rd | 28 Mar 2026 | $2,318,000 |
| Banool Rd | 28 Mar 2026 | $1,798,000 |
| Belgrove Ave | 28 Mar 2026 | $2,520,000 |
| Belmore Rd | 28 Mar 2026 | $1,724,000 |
| Bernborough Ave | 28 Mar 2026 | $1,993,000 |
Businesses (83)
| Name | Address |
|---|---|
| Proforma Construction | 26 Yarrbat Ave, Balwyn VIC 3103, Australia |
| Rays Enterprise | 439A Whitehorse Rd, Balwyn VIC 3103, Australia |
| Melstone Developments | 1/218 Whitehorse Rd, Balwyn VIC 3103, Australia |
| Mattioli Group Pty Ltd | 2/186 Balwyn Rd, Balwyn VIC 3103, Australia |
| Blocked Drains Balwyn | Blocked Drain Plumber, Balwyn VIC 3103, Australia |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 1, 120 Rochester Rd | $650 | 2.0 | 1.0 | 2.0 | 05 Feb 2026 |
| Unit 1, 120 Rochester Rd | $650 | 2.0 | 1.0 | 2.0 | 05 Feb 2026 |
| Unit 18, 7-13 Kireep Rd | $670 | 2.0 | 1.0 | 2.0 | 02 Feb 2026 |
| Unit 6, 3 Kireep Rd | $590 | 2.0 | 1.0 | 1.0 | 02 Feb 2026 |
| Unit 18, 7-13 Kireep Rd | $670 | 2.0 | 1.0 | 2.0 | 02 Feb 2026 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 67 Rochester Rd | $680 | 4 | 1 | 2 | 04 Feb 2026 | 0 |
| 67 Rochester Rd | $680 | 4 | 1 | 2 | 03 Feb 2026 | 0 |
| 11 Head St | $2,100 | 5 | 5 | 2 | 03 Feb 2026 | 0 |
| 7 Norbert St | $700 | 3 | 1 | 1 | 29 Jan 2026 | 0 |
| 7 Norbert St | $700 | 3 | 1 | 1 | 29 Jan 2026 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| Unit 2, 30 Weir St | Price Withheld | 2.0 | 1.0 | 1.0 | 05 Feb 2026 | On Market |
| Unit 2, 30 Weir St | Price Withheld | 2.0 | 1.0 | 1.0 | 05 Feb 2026 | On Market |
| Unit 11, 47 Yerrin St | $560,000 | 2.0 | 1.0 | 1.0 | 27 Jan 2026 | On Market |
| Unit 11, 47 Yerrin St | $560,000 | 2.0 | 1.0 | 1.0 | 27 Jan 2026 | On Market |
| Unit 11, 47 Yerrin St | $560,000 | 2.0 | 1.0 | 1.0 | 27 Jan 2026 | On Market |
Loading entities ..
Profiles
Nearby Suburbs