The balwyn north median house price as of the latest data is $2.1 million for houses, reflecting a quarterly decline of 11.9% and a year-over-year drop of 11.0%, according to CRM brain suburb rollup. For units, the median price stands at $1.04 million, decreasing by 6.9% quarter-on-quarter and a sizeable 20.6% year-over-year. These figures play a crucial role in informing buyers, sellers, and investors in Balwyn North.
- The median house price in Balwyn North is $2.1 million, with a significant quarterly decrease.
- Units in Balwyn North have a median price of $1.04 million, showing a sharp year-over-year decline.
- Population in Balwyn North is 21,302 with a median household income of $2,346 per week.
- Current active listings in Balwyn North show a median price of $2 million.
What do the numbers say in Balwyn North?
The latest figures for Balwyn North show interesting changes in the housing market. According to CRM brain data, the suburb has a population of 21,302, with a median age of 42 and a median household income of $2,346 per week. The real estate market is currently experiencing a median house price of $2.1 million, which has decreased from previous quarters.
Interestingly, houses have seen a decline of 11.9% in the quarter and 11.0% from the previous year. Units have shown a more pronounced decrease, highlighting the impact of broader economic factors on the suburban housing market. Compared to nearby areas, such as the clyde north median house price, Balwyn North remains more expensive, offering different value propositions based on the type of property and location.
What are the key considerations?
Several considerations impact the balwyn north property market. The live on-market inventory demonstrates a notable drop in active listings, with only 1 property currently priced at $2 million. This suggests potential demand exceeding supply, affecting how quickly properties sell and the price they fetch.
Per GeoRisk 2026, Balwyn North enjoys minimal flood risk and good air quality, enhancing its appeal to prospective buyers and investors. Aged-care facilities within 5km are ample, at 61, making it appealing to retirees. It’s also essential to compare these aspects with nearby north warrandyte median house prices to effectively gauge the market attractiveness and investment opportunities.
How does Collings help?
Collings Real Estate offers unparalleled support in navigating the balwyn north real estate market. We provide comprehensive market analysis and property appraisal services, ensuring our clients receive the best advice.
By tapping into our team’s local expertise, buyers and sellers can make informed decisions. Additionally, our off-market portal offers exclusive listings, perfect for those seeking properties not readily available on the broader market. If you’re considering selling in Balwyn North or investing in Balwyn North, contacting us is a move towards success. Request a free property appraisal today by calling us at 03 9486 2000 or emailing info@collings.com.au.
Frequently asked questions
Potential buyers and investors often have numerous questions about the Balwyn North housing market. Some common questions include: What factors make Balwyn North a good investment? How does access to amenities and infrastructure affect property values? For more detailed insights and personalised assistance, our Collings team is ready to help.
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