5 Tormey Street

Balwyn North VIC 3104

The size of Balwyn North is approximately 9.1 square kilometres. It has 20 parks covering nearly 15.7% of total area. The population of Balwyn North in 2011 was 20,315 people. By 2016 the population was 20,414 showing a population growth of 0.5% in the area during that time. The predominant age group in Balwyn North is 10-19 years. Households in Balwyn North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn North work in a professional occupation. In 2011, 80.6% of the homes in Balwyn North were owner-occupied compared with 78.4% in 2016.

Balwyn North has 9,283 properties. Over the last 5 years, Houses in Balwyn North have seen a 10.53% increase in median value, while Units have seen a 2.60% increase. As at 30 November 2024:

• The median value for Houses in Balwyn North is $2,164,176 while the median value for Units is $1,151,950.
• Houses have a median rent of $850 while Units have a median rent of $700.