VIC3104· Pop. 21,302Whitehorse

BALWYN NORTH

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

52

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$2,390,000

VIC Gov · 2025

Rent yield

1.2%

computed from govt data

Annual growth

-0.3%

annualised from govt data

Vacancy rate

2.0%

modelled estimate

AI insights for BALWYN NORTH

Investment analysis, risks & comparisons

PREMIUM

BALWYN NORTH shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$554/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+2.5%

annual shift

Yield × growth index

0.4

combined signal

Net yield (est.)

1.65%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+4.7%

est. compound, long-run avg

10-yr growth (CAGR)

+4.8%

est. compound, long-run avg

Rental demand

53 / 100

Moderate demand

Supply pipeline

Est.

1.9%

new dwellings approved / stock · Modelled estimate

Moderate supply

5-year price history

2020
$1900k
2021
$2256k
2022
$2229k
2023
$2405k
2025
$2390k

Source: VIC Gov · 2025 · all sources

Market overview

BALWYN NORTH is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 1.2% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • High entry price may limit buyer pool
  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$2,346/wk

$79k taxable p.a.

Renters

19.5%

78.1% owner-occupier

Median age

42.0 yrs

Unemployment

2.8%

Population growth

+2.3% p.a.

Investor-owned

26.0%

of all dwellings (ATO)

Houses

23%

63% apartments

Degree qualified

48.4%

bachelor's or higher (ABS)

Work from home

30.2%

of employed residents (ABS Census)

Median lot size

130 m²

Apartment/strata

Household size

2.4 persons

avg per dwelling (ABS Census)

Short-term rental

7.1%

Some Airbnb activity

Market activity

Distance to CBD

10.7 km

Middle ring

Days on market

26 days

Normal turnover

Auction clearance

67.2%

Strong demand

Walkability

51 / 100

Very walkable

Coastal proximity

13.3 km

Coastal fringe

NBN technology

HFC

Fast — fibre to node + coaxial

Population density

10,228/km²

Very dense urban

Schools in postcode 3104

🏫5 Primary🎓1 Secondary
ACARA 2025

🏫Primary (5)

Greythorn Primary School

Government · Yrs Prep-6

ICSEA 1152

Balwyn North Primary School

Government · Yrs Prep-6

ICSEA 1139

Boroondara Park Primary School

Government · Yrs Prep-6

ICSEA 1138

St Bede's School

Catholic · Yrs Prep-6

ICSEA 1133

Belle Vue Primary School

Government · Yrs Prep-6

ICSEA 1122

🎓Secondary (1)

Balwyn High School

Government · Yrs 7-12

ICSEA 1141

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Safe
86/ 100

5.2 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Top tier
1138ICSEA · national avg 1000

6 schools in postcode area

Source: ACARA My School 2025

Transit access

Good
53/ 100
🚆 2 train🚃 9 tram🚌 25 bus

Source: State GTFS feeds

Gentrification signal

41

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in BALWYN NORTH

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