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Investment Property Balwyn, VIC, 3103

Suburb Snapshot

Balwyn is a suburb in the Boroondara Region of Victoria. Balwyn has a population of 13,308 people and 22.60% of its occupants live in rental accommodation. The median listing price for houses is $2,595,000 and this has changed -3.89% over the past year and changed 8.12% over 2 years.

The median rent in Balwyn for houses is $900 per week and the median rental yield is 1.80%. Stock on the market for houses/townhouses has changed 22.41% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $690,000 and this has changed 1.47% over the past year. The average unit takes 95 days to sell and the median rent for a unit in Balwyn is $585 per week, producing a rental yield of 4.40%.

Supply & Demand in Balwyn, Boroondara

0.83%

Current vacancy rate


51

Rental stock available


13,308

Population


22.60%

Rental population


0.94%

Current vacancy rate


799

Rental stock available


167,232

Population


26.89%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Balwyn, Boroondara

  House Townhouses Units
Median listing price $2,595,000 $1,750,000 $690,000
Median price change - last quarter 3.80% -2.78% 0.00%
Median price change - 1 year -3.89% -2.78% 1.47%
Median price change - 2 years 8.12% 6.12% -13.75%
  House Townhouses Units
Median weekly rent $900 $775 $585
Median yield % 1.80% 2.30% 4.40%
Median rent change - 1 year 5.88% 7.63% 17.00%
  House Units
Previous month sales 21 8
Stock on market previous month 71 34
Stock variance vs. last year 22.41% -19.05%
Average days on market 68 95

Balwyn investment property listings

Showing 2 of 2 investment properties found in Balwyn on realestateinvestar.com.au

2/110 Belmore Rd, BALWYN

$1,200,000

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Unit

VIC 3103


1/110 Belmore Rd, BALWYN

$1,100,000

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VIC 3103


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