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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 $2,600,000 and this has changed 0.00% over the past year and changed 8.33% 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 6.45% compared to last year and the average time to sell a house/townhouse is 83 days.The median listing price for units is $710,000 and this has changed 9.23% over the past year. The average unit takes 93 days to sell and the median rent for a unit in Balwyn is $565 per week, producing a rental yield of 4.13%.

Supply & Demand in Balwyn, Boroondara

0.75%

Current vacancy rate


46

Rental stock available


13,308

Population


22.60%

Rental population


0.94%

Current vacancy rate


797

Rental stock available


167,232

Population


26.89%

Rental population


0.93%

Current vacancy rate


28,886

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 $2,600,000 $1,740,000 $710,000
Median price change - last quarter 3.80% -2.78% 0.00%
Median price change - 1 year 0.00% -3.34% 9.23%
Median price change - 2 years 8.33% -3.34% -14.46%
  House Townhouses Units
Median weekly rent $900 $795 $565
Median yield % 1.80% 2.37% 4.13%
Median rent change - 1 year 5.88% 10.41% 9.70%
  House Units
Previous month sales 9 9
Stock on market previous month 66 39
Stock variance vs. last year 6.45% -11.36%
Average days on market 83 93

Balwyn investment property listings

Showing 1 of 1 investment properties found in Balwyn on realestateinvestar.com.au

44 Grosvenor Pde, BALWYN

$3,550,000

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VIC 3103


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