Balwyn North
Suburb profile, market snapshot and recent listings for Balwyn North, VIC 3104.
About Balwyn North
Welcome to Balwyn North
Balwyn North sits around 12 kilometres east of Melbourne's CBD, in the leafy heart of the Boroondara municipality. Bordered by Balwyn, Mont Albert North, Surrey Hills, Deepdene and Mont Albert, it's a suburb defined by quiet, tree-lined streets, well-kept post-war homes and a strong sense of settled, family-oriented community life.
With a population of just over 21,300 and a median age of 42, Balwyn North attracts a mix of established families, professionals and downsizers drawn by its schools, its parks and its reputation as one of the east's more prestigious residential addresses. It's not a suburb built around nightlife or bustling strips — its appeal lies in space, greenery and proximity to some of Melbourne's most sought-after schools.
Housing & architecture
The housing stock in Balwyn North is dominated by detached houses, which make up around 82% of current listings, reflecting the suburb's traditional appeal as a family-home destination. Townhouses account for a modest 7% and apartments or units just 9%, with a small sliver of vacant land occasionally coming to market. Architecturally, the suburb showcases a strong run of 1950s and 1960s brick veneer homes, many on generous blocks, alongside a growing number of contemporary rebuilds and renovations as owners modernise within the existing footprint or start afresh on larger sites.
Schools & families
Education is one of Balwyn North's biggest drawcards, and the presence of Balwyn High School — one of Victoria's most in-demand government secondary schools — has long underpinned buyer demand in the area. Families are also well served by a cluster of local primary schools, including Balwyn North Primary School, Belle Vue Primary School, Boroondara Park Primary School and Greythorn Primary School, as well as the independent St Bede's School. This concentration of respected schools makes the suburb a magnet for parents planning years ahead, and school catchments remain a key factor shaping local property demand.
Parks & recreation
Despite its suburban density, Balwyn North retains plenty of green space, with local parks and reserves providing space for walking, sport and family recreation. The wider area benefits from Boroondara's network of well-maintained public gardens and sporting grounds, and nearby Deepdene and Balwyn add further pockets of parkland and quiet streets ideal for weekend strolls. The suburb's elevated, leafy character means many streets feel more like a garden district than a typical middle-ring suburb.
Getting around
Balwyn North doesn't have its own train line, so residents typically rely on bus routes connecting to nearby train stations and tram lines in Balwyn, Surrey Hills and Kew, or on car travel via key arterials such as Belmore Road and Doncaster Road. This makes it a suburb best suited to those comfortable with some driving, though the trade-off is quieter residential streets away from major through-traffic. The CBD commute of around 12 kilometres is straightforward via these arterial roads, and proximity to the Eastern Freeway further afield adds flexibility for those working across Melbourne's east or north-east.
The property market
Balwyn North's property market reflects its position as a premium, family-focused suburb. The median house price sits at $2.16 million, while units and apartments offer a considerably more accessible entry point at a median of $720,000. Median rent across the suburb is $1,050 per week, underlining strong ongoing demand from tenants as well as owner-occupiers.
Recent figures show house prices have eased slightly, down 1.2%, suggesting a period of stabilisation after years of strong growth, particularly as buyers weigh affordability against the suburb's school catchments and lifestyle appeal. With houses making up the vast majority of listings, competition for well-located family homes near Balwyn High School and the suburb's primary schools remains a defining feature of the local market.
Lifestyle & dining
Balwyn North's day-to-day life centres on Greythorn Village and nearby strips along Balwyn Road and Doncaster Road, offering cafes, bakeries and everyday shopping without the intensity of a major retail hub. For a broader range of dining and boutique shopping, residents often head to neighbouring Balwyn or Canterbury Road in Surrey Hills, both just a short drive away. It's a suburb that favours convenience and community over destination dining, suiting residents who prefer a quieter, more local pace of life.
Market snapshot
Balwyn North property market
Median sale price
$2.16m
House · 4 bed
Median rent
$1,050
per week
Gross rental yield
2.5%
annual rent ÷ sale price
Typical price range
Entry
$1.39m
Median
$2.16m
Premium
$3.62m
Days on market
44
Auction clearance
59%
Sold this year
155
Median sold price trend · House 4 bed
Compound growth -0.4% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Balwyn North by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Balwyn North, VIC 3104.
Population
21,302
residents (2021)
Median age
42
years
Household income
$2,346
median, per week
Median rent
$554
per week
Median mortgage
$3,078
per month
Mortgage / income
30%
stretched (>30%)
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Balwyn North
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Balwyn North
$1.57m
2/25 Rangeview Grove
Sold ~July 2026
$1.65m
13 Willis Street
Sold ~July 2026
$1.63m
2 Dumblane Street
Sold ~July 2026
$1.75m
9 Earls Court
Sold ~July 2026
$2.11m
5 Almond Street
Sold ~July 2026
$2.35m
20 Hood Street
Sold ~July 2026
$1.34m
3/337 Doncaster Road
Sold ~July 2026
$1.73m
16A Orion Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Balwyn North
Compare the area
Price map around Balwyn North
Every listing for sale near Balwyn North, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Balwyn North suburb FAQ
What is the median property price in Balwyn North?
The median house price in Balwyn North, VIC is $2.16m for a 4-bedroom home. Over the past year, median sold prices have fallen about 1.2%.
How much is rent in Balwyn North?
The median weekly rent in Balwyn North is around $1,050 per week.
Is Balwyn North a good place to live?
Balwyn North is an established residential suburb in VIC, with a population of around 21,302 and 6 schools in the area.
What is the population of Balwyn North?
Balwyn North has a population of 21,302 (ABS 2021 Census), with a median age of 42.
What schools are in Balwyn North?
There are 6 schools in or near Balwyn North, including Balwyn North Primary School, Belle Vue Primary School and Boroondara Park Primary School.
How long do homes take to sell in Balwyn North?
Properties in Balwyn North take around 44 days to sell on average, with an auction clearance rate of about 59%.
How much do you need to buy in Balwyn North?
Entry-level properties in Balwyn North start around $1.39m, while premium homes reach $3.62m.
What suburbs are near Balwyn North?
Suburbs near Balwyn North include Balwyn, Mont Albert North, Surrey Hills, Deepdene and Mont Albert.
Fresh to market
New this week in Balwyn North
A Rare Canvas in the Balwyn High Zone
Timeless Family Appeal in Balwyn High School Zone
Available now