The median house price in Balwyn is $2,050,000 as of Q2 2025 (REIV), with a median unit price of $780,000. Balwyn is one of Melbourne’s premier eastern suburbs, combining blue-chip land value with strong school catchment demand and consistent long-term appreciation.
Balwyn Property Market at a Glance
| Metric | House | Unit |
|---|---|---|
| Median Price | $2,050,000 | $780,000 |
| Gross Rental Yield | 1.8% | 3.4% |
| 5-Year Capital Growth | 41% | 26% |
| Median Weekly Rent | $720/wk | $510/wk |
| Days on Market | 22 | 19 |
Why Balwyn Commands a Premium
Balwyn sits in Melbourne’s prized eastern suburbs corridor, 10km from the CBD. The suburb is anchored by Balwyn High School (one of Victoria’s top-ranked state schools), Balwyn Village retail precinct, and direct tram access to the CBD. Owner-occupier rate is 74% (ABS 2021) — among the highest in Melbourne — reflecting the suburb’s family-first character.
Balwyn Investment Analysis
GeeVee rates Balwyn 8.4/10 for capital growth and 5.4/10 for rental yield. The suburb is best suited to long-term capital growth investors and owner-occupiers. School catchment premium adds 12-18% to property values compared to adjacent suburbs outside the Balwyn High zone.
Frequently Asked Questions
What is the median house price in Balwyn in 2026?
The median house price in Balwyn is $2,050,000 (REIV Q2 2025), with 41% growth over five years.
Is Balwyn a good investment suburb?
Balwyn is an excellent long-term capital growth suburb. The Balwyn High School catchment creates sustained buyer demand that underpins prices through market cycles.
What is the rental yield in Balwyn?
House rental yield is approximately 1.8% gross. Unit yield is approximately 3.4% gross.
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