Balwyn
VIC, 3103
-
Boroondara
Thinking about buying in Balwyn? Now could not be a better time, with 7766 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,793,000 with prices in this suburb ranging from $382,000 to $19,116,000. The aproximate distance to the coast is 10 Km.
Household Makeup
| Median Weekly Rent | $539.74 |
| Median Monthly Mortgage | $3074.42 |
| Median Persons Per Bedroom | 0.82 |
| Average Household Size | 2.87 |
| Average Age | 43.06 |
| Average Income | $833.16 |
| Average Cars Per Dwelling | 1.75 |
| Average Properties Within 50M | 36 |
Housing Stock
Average Property Prices
| 1 Bed $1,584,000 |
| 2 Bed $1,538,000 |
| 3 Bed $2,825,000 |
| 4 Bed $3,822,000 |
| 5 Bed $5,185,000 |
| 6 Bed+$4,886,000 |
Balwyn Real Estate Market Outlook
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Balwyn ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Balwyn classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Balwyn requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Houses for sale Balwyn
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Local Schools
Belmore School
Balwyn Primary School
Fintona Girls' School
Deepdene Primary School
Mont Albert Primary School
Camberwell Grammar School
Greythorn Primary School
Canterbury Girls Secondary College
Chatham Primary School
Our Lady of Good Counsel School
(While the above schools are located with the suburb of Balwyn there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Balwyn weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Nov | 1.7 | 11.1 | 23.4 | 40.6 | 94.7 | 3.2 | 21.6 |
| Dec | 1.8 | 12.8 | 26.4 | 36.6 | 93 | 3.2 | 25.4 |
| Jan | 1.7 | 14.8 | 28.8 | 35.9 | 91.9 | 3.2 | 23.6 |
| Feb | 1.2 | 14.6 | 28.1 | 38.0 | 92.6 | 2.8 | 20.2 |
| Mar | 1.4 | 12.8 | 24.8 | 41.7 | 93.5 | 2.6 | 14.8 |
| Apr | 2.1 | 10.3 | 21.3 | 47.2 | 96.6 | 2.4 | 10.8 |
| May | 1.7 | 8.4 | 17.5 | 54.5 | 95.5 | 2.8 | 7.6 |
| Jun | 1.8 | 6.0 | 14.3 | 64.3 | 98.2 | 2.3 | 6.4 |
| Jul | 1.4 | 6.4 | 14.2 | 61.1 | 97.3 | 2.9 | 7.4 |
| Aug | 1.9 | 6.0 | 14.6 | 53.8 | 96.2 | 3.0 | 9.6 |
| Sept | 1.6 | 7.8 | 18.1 | 45.8 | 95.4 | 3.1 | 14.1 |
| Oct | 1.6 | 9.5 | 21.3 | 43.4 | 95 | 3.2 | 18.5 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Stop 48: Balwyn Shopping Centre - Less than 1 KM
Stop 46: Balwyn Cinema - Less than 1 KM
Stop 46: Balwyn Cinema - Less than 1 KM
Stop 47: Balwyn Road - Less than 1 KM
Stop 47: Balwyn Road - Less than 1 KM
Stop 48: Balwyn Shopping Centre - Less than 1 KM
Stop 49: Northcote Avenue - Less than 1 KM
Stop 49: Northcote Avenue - Less than 1 KM
Stop 50: Wharton Street - Less than 1 KM
Stop 50: Wharton Street - Less than 1 KM
General Points of Interest
Green Acres Golf Club - Less than 5 KM
Como Centre - Less than 10 KM
Neighbours Backlot - Less than 10 KM
Melbourne Cricket Ground - Less than 10 KM
The Cricketer's Bell - Less than 10 KM
YMCA Macleod Recreation and Fitness Centre - Less than 10 KM
Doncaster Action Indoor Sports - Less than 10 KM
Boroondara Tennis Centre - Less than 5 KM
Camberwell Central - Less than 5 KM
Malvern Valley Public Golf Course - Less than 10 KM
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