Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $1,420,000 | 0.0% | $469,000 | $4,000,001 | 198 |
| 2010 | $1,510,000 | +6.0% | $575,000 | $5,650,000 | 203 |
| 2011 | $1,405,000 | -7.5% | $450,000 | $6,620,000 | 147 |
| 2012 | $1,290,000 | -8.9% | $2,006 | $4,550,000 | 190 |
| 2013 | $1,506,000 | +14.3% | $625,000 | $6,030,000 | 248 |
| 2014 | $1,780,000 | +15.4% | $410,000 | $6,030,000 | 253 |
| 2015 | $2,210,000 | +19.5% | $471,200 | $7,500,000 | 227 |
| 2016 | $2,180,000 | -1.4% | $725,000 | $7,200,000 | 191 |
| 2017 | $2,390,000 | +8.8% | $562,500 | $8,360,000 | 165 |
| 2018 | $2,393,000 | +0.1% | $1,125,000 | $4,900,000 | 145 |
| 2019 | $2,350,000 | -1.8% | $30,000 | $5,450,000 | 135 |
| 2020 | $2,260,000 | -4.0% | $1,015,000 | $5,310,000 | 111 |
| 2021 | $2,750,000 | +17.8% | $1,170,000 | $7,770,000 | 206 |
| 2022 | $2,800,000 | +1.8% | $520,000 | $8,050,000 | 153 |
| 2023 | $2,970,000 | +5.7% | $1,108,000 | $14,850,000 | 206 |
| 2024 | $2,895,000 | -2.6% | $1,150,000 | $9,050,000 | 167 |
Median Sale Price
$2.9M
Based on 167 recorded sales within the last 12 months
Updated on 31 Dec 2024
Suburb Growth
-2.6%
Current Median Price: $2,895,000
Previous Median Price: $2,970,000
Based on 373 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $550 | 0.0% | $300 | $1,995 | 109 |
| 2012 | $550 | 0.0% | $145 | $2,700 | 141 |
| 2013 | $550 | 0.0% | $300 | $2,300 | 130 |
| 2014 | $630 | +12.7% | $310 | $2,500 | 147 |
| 2015 | $620 | -1.6% | $340 | $46,000 | 203 |
| 2016 | $675 | +8.1% | $300 | $46,000 | 226 |
| 2017 | $680 | +0.7% | $250 | $3,200 | 175 |
| 2018 | $780 | +12.8% | $310 | $2,200 | 199 |
| 2019 | $750 | -4.0% | $350 | $2,500 | 150 |
| 2020 | $700 | -7.1% | $2 | $2,420 | 160 |
| 2021 | $750 | +6.7% | $370 | $1,895 | 138 |
| 2022 | $790 | +5.1% | $375 | $2,600 | 159 |
| 2023 | $880 | +10.2% | $430 | $9,950 | 132 |
| 2024 | $995 | +11.6% | $450 | $2,600 | 118 |
Median Rent Price
$995
per week
Based on 118 recorded rent within the last 12 months
Updated on 31 Dec 2024
Rent Price Growth
+11.6%
Current Median Rent: $995
Previous Median Rent: $880
Based on 250 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.8%
Current Median Price: $2,895,000
Current Median rent: $995
Based on 285 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Balwyn
Houses sold in Last 12 months ends 28 Dec 2024
$2.38M
Median Sale Price
67%
Clearance Rate
57/86
Sold/Reported
$3.51M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 4 | |
| $2 M - $3 M (Median Price Range) | 4 | |
| $1.8 M - $2 M | 2 | |
| $1.6 M - $1.8 M | 2 | |
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 1 | |
Similar Suburbs to Balwyn 3103
Based on median house sale price sold in last 12 months
Schools closest to Balwyn, VIC 3103
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Balwyn Primary SchoolTop 100 | 86B BALWYN ROADBalwyn 3103 | Primary | Government | 0.16 km |
| Fintona Girls' SchoolTop 5 | 79 BALWYN ROADBalwyn 3103 | Combined | Independent | 0.24 km |
| Chatham Primary School | WEYBRIDGE STREETSurrey Hills 3127 | Primary | Government | 1.18 km |
| Canterbury Girls Secondary CollegeTop 100 | 16 MANGARRA ROADCanterbury 3126 | Secondary | Government | 1.31 km |
| Camberwell Grammar SchoolTop 20 | 55 MONT ALBERT RDCanterbury 3126 | Combined | Independent | 1.28 km |
| Balwyn High SchoolTop 50 | BUCHANAN AVENUEBalwyn North 3104 | Secondary | Government | 1.77 km |
| Balwyn North Primary School | BUCHANAN AVENUEBalwyn North 3104 | Primary | Government | 1.88 km |
| Strathcona Baptist Girls' Grammar SchoolTop 50 | 34 SCOTT STCanterbury 3126 | Combined | Independent | 1.93 km |
| Canterbury Primary School | MOLESWORTH STREETCanterbury 3126 | Primary | Government | 2.04 km |
| Greythorn Primary SchoolTop 100 | READING AVENUEBalwyn North 3104 | Primary | Government | 1.8 km |