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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


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

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

35 Almond St, BALWYN NORTH

$2,680,000

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House

VIC 3104


4 Sylvan St, BALWYN NORTH

$2,750,000

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VIC 3104


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