Median price trend for houses
Based on 304 sales in the preceding 12 months
$2,220,000
Down 1.6% over 12 months
- 2 bed
- $1.67m
- 3 bed
- $1.96m
- 4 bed
- $2.2m
- 5+ bed
- $2.93m
Residential street lined with autumn trees
Philip Mallis · CC BY-SA 2.0
The quick read on
Balwyn North
VIC 3104 · Boroondara
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $2,220,000
- Median unit
- $1,300,000
- Population
- 21,302
- Postcode
- 3104
latest suburb median
latest suburb median
ABS 2021
Balwyn North, Victoria
Property market insights for Balwyn North
Median sale price and rental income of properties in Balwyn North VIC
Median rent trend for houses
Based on 223 rental listings in the preceding 12 months
$900 per week
Up 5.9% over 12 months
Market data updated October 2026.
The median house price in Balwyn North, VIC is currently $2,220,000, based on the latest 12 months of sales. Balwyn North has a 12-month growth rate of -1.6% for houses and 12.3% for units.
Two-bedroom houses have a median sale price of $1,670,000, Three-bedroom houses have a median sale price of $1,960,000, Four-bedroom houses have a median sale price of $2,200,000, Larger houses have a median sale price of $2,930,000 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 $1,300,000, which has increased 12.3% since the same time last year. Two-bedroom apartments and units have a median sale price of $738,000, Three-bedroom apartments and units have a median sale price of $1,470,000, Four-bedroom apartments and units have a median sale price of $1,520,000 in Balwyn North. The median rent for units and apartments in Balwyn North is $700 per week and has increased 12.0% over the last 12 months.
Crime and safety
Is Balwyn North safe?
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
Balwyn NorthGreater Melbourne: 4,001
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Balwyn North?
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.
- Population
- 21,302
- Median age
- 42 years
- Median mortgage
- $3,078 / month
- 2021 household rent
- $554 / week
Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark
Age profile
Share of residents in each age band.
Under 1517.8%In line
15–3424.3%Below
35–5426.7%Below
55–7422.6%Above
75 and over8.6%Above
Homes
Share of occupied private dwellings.
Separate houses83.0%Above
Townhouses13.5%Below
Apartments3.2%Below
Ownership
Share of homes with a stated ownership or rental status.
Owned outright47.0%Above
Paying a mortgage33.1%Below
Renting20.0%Below
Cars at home
Vehicles available to occupied households.
No car4.2%Below
One car30.6%Below
Two cars43.8%Above
Three or more21.4%Above
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home36.6%Above
Drove to work42.0%Below
Train, tram or bus3.0%Below
Walked or cycled1.2%Below
What stands out in Balwyn North
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
Questions people ask about Balwyn North
Open any question for a plain-English reading of the public 2021 Census for Balwyn North VIC 3104.
Is Balwyn North family-friendly?Age, family structure and household size describe the community families would be joining.
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.
What is the age profile of Balwyn North?The balance between younger adults, families and older residents changes how a suburb feels day to day.
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.
What kind of homes are in Balwyn North?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
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.
Do people own or rent in Balwyn North?Tenure shows how many households own outright, have a mortgage or rent.
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.
How large are households in Balwyn North?Household-size data shows the mix behind the suburb-wide average.
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.
How do people get to work in Balwyn North?Census-day travel shows the balance between home, road, public transport and active travel.
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.
How many cars do households have in Balwyn North?Vehicle availability helps describe the routines local households can support.
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.
Who's moving to Balwyn North, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
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.
What languages are spoken in Balwyn North?Language at home gives a direct view of the community’s everyday linguistic mix.
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.
Where were Balwyn North residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
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.
What ancestries shape Balwyn North?Ancestry responses show how residents describe family and cultural background.
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.
What work do people do in Balwyn North?Occupation describes a person’s role; industry describes the sector employing them.
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.
How active is the workforce in Balwyn North?Participation, employment pattern and unemployment describe the resident labour force.
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.
What does the health profile of Balwyn North show?Selected long-term health conditions help describe community service needs.
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.
How educated is Balwyn North?Qualifications describe the study pathways represented among local residents.
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.
What do incomes and housing costs look like in Balwyn North?Census income and household payments give historical context for local living costs.
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.
How does Balwyn North compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.
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
A buyer’s quick guide to Balwyn North
Is Balwyn North expensive?
The median house price is $2,220,000, while units and apartments sit at $1,300,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Balwyn North good for families?
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.
What can I get for $1.5m in Balwyn North?
2-bedroom houses have a median around $1,670,000, 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
Streets and suburbs around Balwyn North
220 streets in Balwyn North
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Abassia St
- Abbott St
- Adeney St
- Agnes Ave
- Ailsa Ct
- Ajana St
- Ajax St
- Albury Rd
- Almond St
- Alpha St
- Andrew Ct
- Aquila St
- Arama St
- Ardgour St
- Ashby Ct
- Aylmer St
- Balwyn Rd
- Belle Vue Rd
Show all 220 streetsShow fewer streets
- Belmore Rd
- Bernard St
- Beverley Ct
- Bolinda Rd
- Bon Vue Rd
- Boorahman St
- Buchanan Ave
- Bulleen Rd
- Burke Ln
- Burke Rd
- Burton St
- Capella St
- Carnell Pl
- Carrington St
- Carron St
- Cascade St
- Cash St
- Central Ave
- Centre
- Chelmsford St
- Citron Ave
- Cityview Rd
- Clifton St
- Clive Ct
- Clovelly Ct
- Columba St
- Corby St
- Corhampton Rd
- Corona St
- Cumberland Ave
- Dale Ct
- Dempster Ave
- Dight Ave
- Doncaster Rd
- Don St
- Dorado Ave
- Douglas St
- Duggan St
- Dumblane St
- Dunstan St
- Earls Ct
- Echo Ave
- Ellendale St
- Ellsa St
- Eurolie St
- Fay St
- Ferdinand Ave
- Fintonia St
- Forbes Pl
- Fortuna Ave
- Frank St
- Gama St
- Gardenia Rd
- Gardner Ct
- Gildan St
- Glamis Ct
- Glenthorn Ave
- Gould St
- Greythorn Rd
- Grieve St
- Harrington Ave
- Hatfield St
- Heather St
- Hedderwick St
- Helston St
- Highbury St
- Highview Rd
- Hill Rd
- Hillview Rd
- Hood St
- Hosken St
- Houghton St
- Hughes St
- Hunt St
- Illawarra Rd
- Inverness
- Jacka St
- Jaserfold St
- Jason Ct
- Jocelyn Ave
- Jolie Vue Rd
- Joy St
- June Ave
- Kalka St
- Kalonga Rd
- Kawarren St
- Kelba St
- Kelvinside St
- Kendari Ave
- Kenny St
- Keon Ct
- Koonung St
- Kosciusko Rd
- Kyora Pde
- Landen Ave
- Lansdown St
- Larbert Ave
- Lawson St
- Leicester St
- Lemon Rd
- Leonis Ave
- Lexton St
- Libra St
- Lime Ave
- Lloyd St
- Loma Linda Gr
- Longview Rd
- Lucifer St
- Luena Rd
- Lynne Ct
- Lynton Ct
- Macassar St
- Macedon Ave
- Madden St
- Marwal Ave
- Mary St
- Massey St
- Maud St
- Maughan Pde
- Maylands Ave
- Mcshane St
- Midvale Ave
- Milfay Ct
- Millicent Ave
- Minerva Ave
- Moody St
- Moreton St
- Morris St
- Moule Ave
- Mountain View Rd
- Musca St
- Mutual Rd
- Nevada St
- Nicholson St
- Oravel St
- Orion St
- Osburn Avenue
- Page St
- Pam Ave
- Panoramic Rd
- Parma Ct
- Pavo St
- Penn St
- Prose St
- Rangeview Gr
- Ray Dr
- Reading Ave
- Renown St
- Riverside Ave
- Riverview Rd
- Robert St
- Rookwood St
- Rowallan Ct
- Rumpf Ave
- Saturn St
- Seattle St
- Severn St
- Singleton Rd
- St Bridgets
- Stephens St
- Stroma Ave
- Stuart Ct
- Sunburst Ave
- Sutton St
- Sweyn St
- Sylvander St
- Sylvan St
- Tannock St
- Taurus St
- Thackray St
- Thea Ave
- The Boulevard
- The Moor
- The Nook
- Toorang Ave
- Tormey St
- Tovey St
- Tower Rd
- Towt Ln
- Trentwood Ave
- Tudor Ct
- Turnley St
- Tuxen St
- Uplands Rd
- Ursa St
- Vega St
- Ventnor St
- Vicars St
- Viewhill Rd
- Viewpoint Rd
- Walbundry Ave
- Walnut Rd
- Wanbrow Ave
- Wandeen St
- Wattle Ave
- Wilburton Pde
- Wild Life Pde
- Willis St
- Winfield Rd
- Woodville St
- Wynyard Cr
- Yeneda St
12 suburbs surrounding Balwyn North
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Balwyn North right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.