Balwyn

Balwyn

VIC 3103
Balwyn is an affluent suburb located 10 km east of Melbourne's Central Business District in the City of Boroondara. With a population of 13,495 according to the 2021 census, Balwyn is predominantly residential and is known for its exclusive and affluent status. The suburb has a rich history, with its name derived from Gaelic and Saxon words meaning 'the home of the vine'. Balwyn has a well-established infrastructure, with a main shopping area situated at the intersection of Whitehorse Road and Balwyn Road. It is also home to Maranoa Gardens, Australia's first botanical garden dedicated to indigenous flora. The suburb is well-connected to other parts of Melbourne through various transportation options. The 109 tram line runs along Whitehorse Road, providing easy access to Box Hill and Port Melbourne. Additionally, several bus routes service the area. Families are attracted to Balwyn due to its spacious properties and proximity to top private schools in neighboring suburbs such as Canterbury and Kew. The suburb also boasts several parks and sporting facilities, including the Balwyn Tigers Australian Rules football team and Balwyn Cricket Club. With its leafy streets, quality amenities, and convenient public transport, Balwyn offers a desirable lifestyle for residents. Its rich history, architectural significance, and picturesque surroundings make it one of Melbourne's most loved suburbs.
AREA
4.3843 km2
POPULATION
13,495
OWNER OCCUPIED %
69%
LARGEST AGE GROUP
40-50
MEDIAN MONTHLY MORTGAGE
$3,000
MEDIAN WEEKLY RENT
$670

Balwyn Market Trends & Statistics

Recent Median Prices
Previous quarter
Houses
-23.56%
$2,446,000
Units
1.92%
$850,000
Housing Stock Breakdown
Suburb market composition
7,464
Properties
54.81% Houses (4,091)
45.19% Units (3,373)

Rental properties in Balwyn

Slash Pattern

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