Real Estate Balwyn, VIC, 3103 Boroondara
Thinking about buying in Balwyn? Now could not be a better time, with a whopping 7686 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $2,138,000 with prices in this suburb ranging from $448,000 to $5,238,000.
Distance to the coast is 10 Km.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.
About
Household makeup
| Median Weekly Rent | $518.32 |
| Median Monthly Mortgage | $2970.28 |
| Median Persons Per Bedroom | 0.82 |
| Average Household Size | 2.72 |
| Average Age | 38.00 |
| Average Income | $1318.00 |
| Average Cars Per Dwelling | 2.52 |
| Average Properties Within 50M | 36.00 |
Typical Property Prices
| 1 Bed | $410,214 |
| 2 Bed | $950,964 |
| 3 Bed | $1,204,902 |
| 4 Bed | $2,753,300 |
| 5 Bed | $3,815,476 |
| 6 Bed + | $5,734,583 |
Housing Stock
Houses for sale Balwyn
Local Schools
Balwyn Primary School
Deepdene Primary School
Belmore School
Fintona Girls' 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
Fibre to the Basement (vectored or non-vectored)
Fibre to the Curb
Fibre to the Premises
Hybrid Fibre Coaxial (HFC)
Satellite
Nearby Suburbs
Public Transport
General Points of Interest
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