Residential street lined with autumn trees
The quick read on
VIC 3104 · Boroondara
What homes cost, how rents have moved, and a feel for the people who call it home.
latest suburb median
latest suburb median
ABS 2021
Balwyn North, Victoria
Median sale price and rental income of properties in Balwyn North VIC
Based on 314 sales in the preceding 12 months
$2,250,000
Down 2.2% over 12 months
Based on 208 rental listings in the preceding 12 months
$900 per week
Up 5.9% over 12 months
Market data updated September 2026.
The median house price in Balwyn North, VIC is currently $2,250,000, based on the latest 12 months of sales. Balwyn North has a 12-month growth rate of -2.2% for houses and 0.6% for units.
Two-bedroom houses have a median sale price of $1,480,000, Three-bedroom houses have a median sale price of $2,090,000, Four-bedroom houses have a median sale price of $2,240,000, Larger houses have a median sale price of $2,880,000 in Balwyn North.
If you're looking to lease, the median rent for houses in Balwyn North is $900 per week. The median house rent has increased 5.9% over the last 12 months.
The median price of apartments and units for sale in Balwyn North is $1,160,000, which has increased 0.6% since the same time last year. Two-bedroom apartments and units have a median sale price of $750,000, Three-bedroom apartments and units have a median sale price of $1,440,000, Four-bedroom apartments and units have a median sale price of $1,580,000 in Balwyn North. The median rent for units and apartments in Balwyn North is $700 per week and has increased 5.7% over the last 12 months.
Crime and safety
The overall rate for Balwyn North is 1,329 offences per 100,000 residents — 67% below the Greater Melbourne benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Balwyn North.
Overall crime rate
1,329
offences per 100,000 residents
67% belowGreater Melbourne
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Balwyn North VIC 3104 is in Victoria, within Greater Melbourne.
21,302 people call Balwyn North home, with an average of 2.9 people per household and a median household income of $2,346 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
Share of residents in each age band.
Share of occupied private dwellings.
Share of homes with a stated ownership or rental status.
Vehicles available to occupied households.
Selected ways residents worked or travelled on Census day.
36.6% of workers in Balwyn North worked from home on Census day — noticeably more common than across Greater Melbourne.
14.4% of Balwyn North residents were born in China, about twice the rate across Greater Melbourne.
40.3% of people in Balwyn North described themselves as having no religion in the 2021 Census.
A closer look at the Census
Open any question for a plain-English reading of the public 2021 Census for Balwyn North VIC 3104.
17.8% of Balwyn North's residents were children under 15 in the 2021 Census. That is almost exactly typical for Greater Melbourne.
5,931 family households lived in Balwyn North; 57.3% were couple families and 14.0% were one-parent families.
38.0% of local families included children under 15. That is close to the Greater Melbourne average.
These are suburb-wide household figures, not school or childcare ratings.
Balwyn North had 21,302 residents at the 2021 Census.
19.4% of residents were aged 25 to 44.
31.2% were 55 or older. That is somewhat above the Greater Melbourne average.
Age shares use the suburb’s total Census population.
Separate houses made up 83.0% of occupied private dwellings in Balwyn North.
Townhouses and other attached homes represented 13.5% of occupied private dwellings.
Flats and apartments accounted for 3.2% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
47.0% of households with a stated tenure owned their home outright. That is well above the Greater Melbourne average.
33.1% were buying their home with a mortgage.
20.0% rented their home. That is well below the Greater Melbourne average.
Tenure shares include households that stated one of these three arrangements.
The average household in Balwyn North had 2.9 people.
One-person households made up 16.9% of occupied homes. That is well below the Greater Melbourne average.
Two-person households represented 27.1%, while 37.3% had four or more usual residents.
Household size counts usual residents in occupied homes.
36.6% of workers worked from home on Census day. That is well above the Greater Melbourne average.
42.0% drove a car as their only travel method. That is somewhat below the Greater Melbourne average.
3.0% used only a train, tram or bus, while 1.2% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
4.2% of occupied households had no motor vehicle available. That is about half the Greater Melbourne rate.
One-car households formed 30.6% of the total.
65.2% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
63.4% were at the same address five years earlier, while 36.6% reported a different address.
43.4% of residents were born outside Australia. That is well above the Greater Melbourne average.
Mobility figures cover residents who answered the relevant Census question.
49.9% of residents used only English at home.
47.6% used a language other than English at home.
18.6% spoke Mandarin at home, 6.8% spoke Cantonese and 1.1% spoke Hindi.
Home language is separate from English proficiency.
43.4% of Balwyn North's population was born outside Australia, while roughly 56.6% was born in Australia.
14.4% of residents were born in China.
2.7% were born in India, while Australian citizenship across the whole suburb stood at 81.3%.
Birthplace, citizenship and ancestry describe different parts of identity.
English ancestry accounted for 18.2% of ancestry responses in Balwyn North.
Australian ancestry made up 14.4% of responses.
Chinese ancestry represented 32.0% of responses.
People may nominate more than one ancestry, so these are shares of responses.
35.4% of employed residents worked in professional occupations. That is well above the Greater Melbourne average.
Managers accounted for 19.4% of employed residents, while clerical and administrative workers made up 13.1%.
Health care and social assistance employed 15.8% of workers, and education and training employed 9.3%.
Occupation and industry figures describe employed residents of the suburb.
The labour-force participation rate was 61.0%, compared with 64.1% across Greater Melbourne.
33.2% of residents aged 15 and over worked full time, while 21.5% worked part time.
Unemployment was 5.1%, compared with 5.3% across Greater Melbourne.
Labour-force figures come from the 2021 Census.
70.0% reported no selected long-term health condition.
4.6% reported a long-term mental health condition, including depression or anxiety.
5.9% reported asthma, 5.9% arthritis and 3.6% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
44.7% of people in the qualifications table held a bachelor degree. That is well above the Greater Melbourne average.
Postgraduate degrees accounted for 18.7% of qualification responses.
Diploma-level qualifications represented 13.3%, while certificate-level qualifications represented 10.5%.
Qualification categories are reported separately and are not school ratings.
Median household income was $2,346 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $3,078.
Occupied renting households reported a median rent of $554 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
Working from home was 36.6% in Balwyn North, compared with 28.8% across Greater Melbourne.
Outright ownership was 47.0% locally and 30.7% across Greater Melbourne. That is well above the Greater Melbourne average.
Renting accounted for 20.0% in Balwyn North, against 31.1% across Greater Melbourne.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
The median house price is $2,250,000, while units and apartments sit at $1,160,000. Bedroom count, land and condition still create a wide range around those suburb medians.
The Census counted 5,931 local families, and 17.8% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
2-bedroom houses have a median around $1,480,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Open a free street report for local prices, rents and recorded sale history.
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.