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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 5.00% 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 -2.56% compared to last year and the average time to sell a house/townhouse is 64 days.The median listing price for units is $710,000 and this has changed 3.64% over the past year. The average unit takes 126 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

0.62%

Current vacancy rate


51

Rental stock available


20,403

Population


16.81%

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 North, Boroondara

  House Townhouses Units
Median listing price $2,100,000 $1,500,000 $710,000
Median price change - last quarter 0.00% 1.18% 1.42%
Median price change - 1 year 5.00% -6.25% 3.64%
Median price change - 2 years 5.00% -7.70% -4.06%
  House Townhouses Units
Median weekly rent $850 $950 $575
Median yield % 2.10% 3.29% 4.21%
Median rent change - 1 year 13.33% 5.55% 10.57%
  House Units
Previous month sales 35 2
Stock on market previous month 114 17
Stock variance vs. last year -2.56% 6.25%
Average days on market 64 126

Balwyn North investment property listings

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

20 Lansdown St, BALWYN NORTH

$2,000,000

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VIC 3104


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