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Investment Property Balwyn North, VIC, 3104

Suburb Snapshot

Balwyn North is a suburb in the Boroondara Region of Victoria. Balwyn North has a population of 20,403 people and 16.81% of its occupants live in rental accommodation. The median listing price for houses is $2,100,000 and this has changed 5.00% over the past year and changed 5.18% over 2 years.

The median rent in Balwyn North for houses is $850 per week and the median rental yield is 2.10%. 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 62 days.The median listing price for units is $710,000 and this has changed 1.42% over the past year. The average unit takes 101 days to sell and the median rent for a unit in Balwyn North is $575 per week, producing a rental yield of 4.21%.

Supply & Demand in Balwyn North, Boroondara

0.60%

Current vacancy rate


49

Rental stock available


20,403

Population


16.81%

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


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Statistical data for Balwyn North, Boroondara

  House Townhouses Units
Median listing price $2,100,000 $1,525,000 $710,000
Median price change - last quarter 0.00% 1.18% 1.42%
Median price change - 1 year 5.00% -4.09% 1.42%
Median price change - 2 years 5.18% -4.69% -4.38%
  House Townhouses Units
Median weekly rent $850 $950 $575
Median yield % 2.10% 3.23% 4.21%
Median rent change - 1 year 13.33% 5.55% 5.50%
  House Units
Previous month sales 19 1
Stock on market previous month 90 17
Stock variance vs. last year -22.41% -37.04%
Average days on market 62 101

Balwyn North investment property listings

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

20 Reading Ave, Balwyn North

$2,150,000

property pic

Prestige Focused and Exclusive on 920 SQM - Balwyn High School

One of Balwyn North's last great 920sqm rear northfacing allotments, elevated to capture potential city views and set within the coveted Balwyn High School Zone. An exceptional canvas for a luxury residence or highend development (STCA), surrounded by elite schools, shopping precincts and ...

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VIC 3104


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