Balwyn (VIC 3103): property prices & suburb profile
Boroondara LGA · Latest published data October 2025 · Page updated August 2026 · Public government records
Balwyn property prices
The typical Balwyn house sold for around $2,889,000 in the year to 2025-Q4, +61.1% over 10 years and +20.6% over 5 years.
Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back
View as table
| Period | Houses (yearly + recent quarters) | Units (yearly + recent quarters) |
|---|---|---|
| 2013 | $1,530,000 | $605,000 |
| 2014 | $1,780,000 | $595,000 |
| 2015 | $2,210,000 | $820,000 |
| 2016 | $2,180,000 | $667,000 |
| 2017 | $2,340,000 | $799,000 |
| 2018 | $2,420,000 | $690,000 |
| 2019 | $2,377,500 | $905,000 |
| 2020 | $2,260,000 | $900,000 |
| 2021 | $2,750,000 | $860,500 |
| 2022 | $2,862,000 | $1,100,000 |
| 2023 | $2,965,000 | $887,500 |
| 2024 | $2,868,000 | $830,500 |
| Apr 2024 | $3,000,000 | $845,000 |
| July 2024 | $2,730,000 | $800,000 |
| Oct 2024 | $2,880,000 | $830,300 |
| 2025 | $3,100,000 | $696,000 |
| Apr 2025 | $3,125,000 | $801,500 |
| July 2025 | $2,675,500 | $819,000 |
| Oct 2025 | $2,700,000 | $855,500 |
- Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
- The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
- The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
- Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
- Periods with fewer than 5 recorded sales are excluded.
Balwyn medians by quarter
The most recent quarter on record for Balwyn is 2025-Q4.
| 2025-Q4 | Unit | $856k | 54 |
| 2025-Q4 | House | $2.70M | 40 |
| 2025-Q3 | Unit | $819k | 53 |
| 2025-Q3 | House | $2.68M | 38 |
| 2025-Q2 | Unit | $802k | 33 |
| 2025-Q2 | House | $3.13M | 39 |
| 2025-Q1 | Unit | $696k | 31 |
| 2025-Q1 | House | $3.10M | 31 |
| 2024-Q4 | Unit | $830k | 42 |
| 2024-Q4 | House | $2.88M | 37 |
| 2024-Q3 | Unit | $800k | 33 |
| 2024-Q3 | House | $2.73M | — |
- Sale counts are shown so you can judge how solid each median is.
Who lives in Balwyn
Balwyn has a median age of 43 and a median household income of $1,975 a week.
- Figures labelled Balwyn are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Balwyn" and postcode 3103 both extend beyond Balwyn.
- SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.
Schools in Balwyn
The 2 mainstream schools in Balwyn sit at the 98th percentile nationally on ACARA's socio-educational index.
| Balwyn Primary School | Government | Primary | 1,171 |
| Belmore School | Government | Special | 1,096 |
| Fintona Girls' School | Independent | Combined | 1,191 |
| St Paul's College | Independent | Special | 1,090 |
- ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
- Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
- Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.
Suburbs near Balwyn
Balwyn's typical house price of $2,889,000 is the 2nd highest of the 25 Melbourne East suburbs we cover.
Abbotsford 3067
$1,309,000 typical house price
Balwyn North 3104
$2,316,000 typical house price
Blackburn 3130
$1,614,000 typical house price
Boronia 3155
$886,000 typical house price
Box Hill 3128
$1,684,000 typical house price
Burwood 3125
$1,524,000 typical house price
Camberwell 3124
$2,579,000 typical house price
Clayton 3168
$1,280,000 typical house price
Balwyn: common questions
- How much does a house cost in Balwyn?
- About $2,889,000 across the 12 months to 2025-Q4, from 148 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
- Have Balwyn prices gone up?
- Prices have risen 61.1% over 10 years and moved +20.6% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
- What do units cost in Balwyn?
- The typical unit price was around $805,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 171 sales.
- Can I see Balwyn prices street by street?
- Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
- Which schools are in Balwyn?
- Balwyn has 4 ACARA-registered schools: Balwyn Primary School, Belmore School, Fintona Girls' School, St Paul's College.
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Data sources
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This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.