Balwyn

Suburb (SAL)

Greater Melbourne / Boroondara

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Data Sources ABSValuer GeneralRental BoardACARA Newest Oct 2026 · Refreshed ABS QuickStats SAL20123 How we calculate this
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Suburb (SAL) Boundary Analysis

This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.

SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.

Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Balwyn

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DemographicsPopulation Growth in Balwyn

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Balwyn has an estimated 14,259 residents, up from 13,495 at the 2021 Census — a change of 764 people, or 5.7%. 108 new addresses have been validated here since Census night. Overseas migration accounts for 100.0% of that increase. That puts 3,256 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

In the suburb of Balwyn, demographic evaluations combining ABS broader regional updates with 108 validated new addresses recorded by AreaSearch since the Census point to an estimated resident count of around 14,259 as of Aug 2026. Comparing this to the 13,495 people documented in the 2021 Census reveals an expansion of 764 people (5.7%), a trajectory modeled on the June 2025 ABS ERP release showing a resident population of 14,247. The resulting population density stands at 3,255 persons per square kilometer, placing the suburb in the upper quartile of Australian localities evaluated by AreaSearch.

Over the preceding ten years, the suburb of Balwyn exhibited steady demographic stability with a 0.3% compound annual growth rate that exceeded the surrounding SA3 area, with overseas migration serving as the predominant catalyst for these gains. Future demographic projections for the suburb of Balwyn incorporate 2024 ABS/Geoscience Australia data benchmarked to 2022 across SA2 zones, supplemented where necessary by 2023 VIC State Government LGA-to-SA2 weighted growth aggregations extending age-cohort trends through 2032 to 2041. These combined models anticipate lower quartile growth relative to national benchmarks, projecting an addition of 430 persons to 2041 in the suburb of Balwyn, representing an overall rise of 2.9% across the 16 years.

Frequently Asked Questions - Population

What is the latest population estimate for the suburb of Balwyn?
Total population for the suburb of Balwyn was estimated to be approximately 14,259 as at Aug 26. This is based upon an estimated resident population of 14,247 from the ABS up to June 2025.
How has the population in the suburb of Balwyn changed since 2021?
The suburb of balwyn has added approximately 764 people and shown a 5.66% increase from the 13,495 people recorded at the 2021 Census period.
What is the population density in the suburb of Balwyn?
The population density in the suburb of Balwyn is estimated at 3,255 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the suburb of Balwyn?
Over the past 10 years, the population in the suburb of Balwyn has shown a compound annual growth rate of 0.3% per annum.
What are the main drivers of population growth in the suburb of Balwyn?
Population growth in the suburb of Balwyn is driven by: Overseas migration (100.0%), Natural increase (0.0%), Interstate migration (0.0%). The primary driver is Overseas migration, contributing 100.0% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Balwyn

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442 new dwellings have been approved in Balwyn over the past five years, an average of 88 a year. That places the area in the 60th percentile for residential development activity nationally, about 6 approvals per 1,000 residents a year. Of the 93 dwellings approved in the latest reporting year, 49% were detached houses and the rest townhouses or apartments. Approvals are currently running at an annualised 105, broadly in line with that longer-run average. Figures come from ABS building approvals aggregated to this Suburb (SAL) boundary and are updated monthly as the ABS releases them.

Detail

According to building approval figures sourced from the ABS and mapped by AreaSearch, residential building activity in Balwyn averaged around 88 dwellings annually, amounting to an estimated 442 homes across the past 5 financial years, with FY-25 tallying 105 approvals to date. Because no new residents moved into the locality per dwelling completed between FY-21 and FY-25, the pipeline of residential construction has kept pace with or exceeded incoming demand, broadening buyer opportunities and facilitating potential future expansion. Furthermore, anticipated construction costs for new dwellings average $1,565,000, underscoring developer emphasis on the high-end residential market, while $17.4 million in commercial building approvals registered this financial year reflects ongoing non-residential investment.

Per capita building approvals in Balwyn exceeded Greater Melbourne by 27.0% above regional average per person over the 5 year period, sustaining ample supply while reinforcing established asset values. The construction profile is divided between 49.0% standalone homes and 51.0% medium and high-density housing, delivering diverse price points suitable for investors, downsizing owner-occupiers, and first-time purchasers. With approximately 136 people per dwelling approval, the neighborhood maintains low-density urban characteristics. Based on the most recent quarterly figures from AreaSearch, Balwyn is projected to add 418 residents through to 2041. Ongoing residential development rates appear well placed to satisfy this projected volume of housing demand, creating supportive purchasing conditions and potentially accommodating demographic growth above current forecasts.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the suburb of Balwyn recently?
Dwelling approval activity in the the suburb of Balwyn area has seen 203 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The suburb of Balwyn's current population of 14,259 has been supported by 88 approvals on average over recent years.
How does the suburb of Balwyn's development activity compare to the broader region?
The suburb of Balwyn has seen 0.67 approvals per 100 people in recent years, compared to 0.86 approvals in the broader region. This means that one dwelling has been approved for every 136 people in the suburb of Balwyn, compared to one for every 121 in the broader region.
Is the suburb of Balwyn keeping up with housing demand?
With the population expected to increase by 418 people by 2041, around 209 new dwellings will be necessary. Recent approval levels appear more than sufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling. This suggests that population growth may exceed trend projections in the coming years, supported by a robust housing supply.
What has been the trend in development approvals over the past five years in the suburb of Balwyn?
Looking at development activity over the past five years, the suburb of Balwyn's approval levels have been slightly above the yearly average of 88, showing modest growth in recent years.
How many dwellings will be needed to accommodate future population growth in the suburb of Balwyn?
The population in the suburb of Balwyn is expected to grow by 418 people by 2041, necessitating approximately 209 new dwellings. This calculation is based on the current census average of 2.0 persons per dwelling in the area.
How does recent development compare to population growth in the suburb of Balwyn?
Over the past five years, the population in the suburb of Balwyn has grown by approximately 1,259 people, while 442 residential approvals were recorded. This equates to a ratio of 2.8 people added for each new dwelling approval. This indicates solid population growth supported by housing development activity.
Are there opportunities for residential developers in the suburb of Balwyn?
With dwelling approval activity running at an average of 88 approvals per year and a population of 14,259, the market appears to be adequately supplied relative to projected housing demand in recent years, suggesting that developers should have a longer-term approach when considering new projects. With the population expected to increase by 418 people by 2041, around 209 new dwellings will be necessary. Recent approval levels appear more than sufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling. This suggests that population growth may exceed trend projections in the coming years, supported by a robust housing supply.
Approvals Pipeline Development applications near Balwyn

Development applications around Balwyn

Development approvals is a new addition to AreaSearch. We’re actively expanding council coverage and refining the dataset — details and statuses for some councils may be partial. Check back regularly for the latest pipeline.
Application search is not available in Victoria. AreaSearch holds 6 applications for Balwyn, but they are a record of past activity rather than a current register. Victoria has no state-wide planning portal and its council coverage is uneven, so we have switched the search off here rather than return partial answers. We are currently investigating a solution. No credits are charged for Victorian applications, and building approvals from the ABS and the major projects we track are unaffected.

SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Balwyn

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AreaSearch tracks 6 current infrastructure and development projects inside Balwyn, worth an estimated $191 million. A further 105 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $45.7 billion. 22 are already under construction and 40 are due for completion within three years. The pipeline spans residential development, communities, precincts & urban renewal and sports & recreation. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Public works and urban development initiatives play a pivotal role in local market performance. AreaSearch has pinpointed 13 projects positioned to influence the surrounding area, with notable developments including White & Weston Balwyn Village, Koonung Creek Reserve Restoration, Maleela Rise Balwyn, and Parring Collection.

Professional plan users can use the search below to filter and access additional projects.

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the suburb of Balwyn?
Key infrastructure and planning changes likely to influence the suburb of Balwyn include: White & Weston Balwyn Village (Construction); Koonung Creek Reserve Restoration (Planning); Maleela Rise Balwyn (Construction); Parring Collection (Dev. Approval); and 383-387 Mont Albert Road Development (Proposed). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the suburb of Balwyn?
Infrastructure development impacting the suburb of Balwyn spans multiple sectors including Residential Development, Communities, Precincts & Urban Renewal, and Environmental & Disaster Management, among others.
What is the scale of infrastructure investment impacting the suburb of Balwyn?
Infrastructure investment analysis indicates substantial capital deployment exceeding $1.8 billion in projects that will impact the extended area, with a notable concentration of investment within the immediate the suburb of Balwyn vicinity.
How does the suburb of Balwyn's infrastructure development compare to other areas?
The suburb of Balwyn ranks in the top 10% nationally for infrastructure development, reflecting exceptional investment activity compared to similar areas across the country.
White & Weston Balwyn Village
Category: Residential Development
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   

A sophisticated collection of 45 two, three and four-bedroom apartments across a low-rise three-level building designed by Cera Stribley with gardens by Jack Merlo. Features a full-line Coles supermarket at ground level, opposite Balwyn Park with premium finishes including Miele appliances, a 7.5-star NatHERS rating, and an energy-optimised design aligned with Sustainability Victoria's Whole of Home Initiative. Construction has commenced, with demolition completed and builders mobilising on site.

Residential Development

Koonung Creek Reserve Restoration
Category: Environmental & Disaster Management
Stage: Planning | Est. Comp: 2029
Source / Links: Link 1   Link 2  

Restoration of Koonung Creek Reserve following the North East Link and Eastern Freeway upgrade. Council adopted its preferred master plan in February 2024 and continues to advocate for reinstatement after construction. The plan includes upgraded walking and cycling trails, wetlands, BBQ areas, rest areas, fitness stations, extensive indigenous planting and around 2,900 new trees.

Environmental & Disaster Management

Rochester Canterbury
Category: Communities
Stage: Approved | Est. Comp: 2028
Source / Links: Link 1   

Integrated retirement living, residential aged care and community precinct on Rochester Road in Canterbury, VIC, developed by BASScare and designed by ClarkeHopkinsClarke. The approved masterplan comprises 62 retirement living apartments (2 and 3 bedroom, including penthouses) plus 5 townhomes, alongside 45 residential aged care suites. Community facilities include a cafe with grocer, community hall, activity rooms, pool, spa, sauna, gym, allied health rooms, cinema, salon, art studio and craft workshop, with landscaping oriented around the adjacent Shrublands Creek Reserve.Construction is anticipated to commence in late 2026, with residents able to move in from late 2028. Note: the site was previously marketed as a separate 42-residence Canterbury Gardens townhouse and apartment proposal by Luxe Property Group; that scheme does not appear to have proceeded and has been superseded by the BASScare redevelopment.

Communities

Maleela Rise Balwyn
Category: Residential Development
Stage: Construction | Est. Comp: 2025
Source / Links: Link 1   Link 2  

A four-storey residential development comprising 31 apartments, including 2, 3, and 4-bedroom residences and penthouses, with two basement levels for parking. Designed by Cera Stribley Architects with interiors by Studio Tate and landscaping by Jack Merlo. Features high-end amenities such as concierge service, club lounge bar with wine cellar, curated library, reflection garden, wellness facilities including gym, infrared sauna, and hot and cold therapy. Includes 74 car parking spaces and bicycle storage. Developed by Chapter Group, focusing on luxury living and wellbeing in the prestigious Reid Estate near Riverside Estate precinct.Estimated completion mid-2026.

Residential Development

Maling Road Mixed-Use Development (Canterbury Hill)
Category: Residential Development
Stage: Approved | Est. Comp: 2026
Source / Links: Link 1   Link 2  

A boutique collection of 28 luxury residences above ground-floor retail in the heart of the historic Maling Road precinct. The project was designed by Carr Architecture and developed by Figurehead.

Residential Development

359-365 Canterbury Road Retail Development
Category: Retail
Stage: Proposed | Est. Comp: 2027
Source / Links: Link 1   

Proposed retail and commercial development involving three adjoining retail freeholds with a cafe, offices/showroom, and warehousing. The site offers potential for value-add redevelopment subject to council approval, aiming to enhance local retail spaces and provide modern commercial facilities with parking and improved access.

Retail

1207-1209 Burke Road Townhomes
Category: Residential Development
Stage: Approved | Est. Comp: 2027

A premium permit-approved development site for 12 architect-designed luxury townhomes by Cera Stribley. Located on a 2,405sqm site with over 40m street frontage to Burke Road in Kew's prestigious Sackville Ward. The development offers boutique luxury living in one of Melbourne's most sought-after suburbs with potential for yield uplift under Victoria's new Townhouse and Low Rise Code.

Residential Development

383-387 Mont Albert Road Development
Category: Residential Development
Stage: Proposed | Est. Comp: 0
Source / Links: Link 1   

Corner site of about 1,810-1,820 sqm at Mont Albert Rd and Stanhope St previously pursued for around 15 two-storey townhouses. Council refused the application and the matter was taken to VCAT. As of 2025 the combined holding is being marketed for sale as a development opportunity (STCA) with no current permit disclosed; community sources indicate the prior townhouse proposal did not proceed.

Residential Development

Jobs & IndustryEmployment Trends in Balwyn

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7,377 residents of Balwyn are employed, from a labour force of 7,648. Unemployment sits at 3.6%, with participation at 62.6%. Weighted for its industry mix, the area's sectors are forecast to grow about 7.3% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. The working-day population is estimated at 12,249, about 86% of the resident population, so more people leave the area for work than travel in. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

Local workforce indicators compiled by AreaSearch show that Balwyn features a prominent professional services contingent, a low unemployment rate of 3.6%, and estimated annual jobs growth of 1.7%. Employed locals numbered 7,377 as of March 2026, while the local jobless figure remained 1.2% below Greater Melbourne's 4.8%; however, the local participation rate of 62.6% trailed Greater Melbourne's 70.1%. At the Census, 42.9% of working residents reported operating from home, an outcome influenced by prevailing Covid-19 restrictions. Employed residents are concentrated in health care & social assistance, professional & technical, and retail trade sectors.

The professional & technical sector exhibits notable concentration, capturing an employment share of 1.4 times the regional level, whereas construction accounts for just 5.1% employment relative to 9.7% regionally. Discrepancies between the Census working population and resident count indicate that local employment opportunities within this largely residential suburb remain comparatively limited. An examination of SALM and ABS statistical data shows that over the 12-month period, local employment expanded by 1.7% while the labour force climbed by 2.8%, generating a 1.1 percentage points increase in the jobless rate. By comparison, Greater Melbourne recorded a 2.1% lift in employment and a 2.3% gain in the labour force, corresponding to a 0.2 percentage point rise. Looking forward, national forecasts from Jobs and Skills Australia as of Mar-26 project economy-wide employment gains of 6.6% over five years and 13.7% over ten years. Mapping these industry projections against the local occupational distribution suggests potential local employment expansion of 7.3% over five years and 14.8% over ten years, representing an illustrative weighted extrapolation that does not incorporate specific localized population projections.

Frequently Asked Questions - Employment

What is the employment situation in the suburb of Balwyn?
As of March 2026, the suburb of Balwyn has approximately 7,377 employed residents with an unemployment rate of 3.6%. This healthy unemployment rate suggests a well-functioning labour market. Employment performance is above the national median, showing positive labour market dynamics.
How does the suburb of Balwyn's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the suburb of Balwyn stands at 3.6%, which is 1.2 percentage points below Greater Melbourne's rate of 4.8%. This lower unemployment rate suggests stronger local employment conditions. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the suburb of Balwyn?
The employment landscape in the suburb of Balwyn is dominated by several key sectors. The largest employers are health care & social assistance (17.4% of employment), professional & technical (14.4%), and retail trade (11.5%). Other significant employers include education & training and accommodation & food.
How has employment changed recently in the suburb of Balwyn?
Over the past year to March 2026, the suburb of Balwyn has experienced employment growth, with total employment increasing while the labour force increased. As a result, the unemployment rate has rise. By comparison, Greater Melbourne saw employment increased and its unemployment rate rose.
What is the workforce participation rate in the suburb of Balwyn?
The workforce participation rate in the suburb of Balwyn is 62.6%, which represents the proportion of working-age residents who are either employed or actively seeking work. This healthy participation rate reflects good employment opportunities and workforce engagement. The local rate trailing the Greater Melbourne average of 70.1%, suggesting potential for increased workforce participation.
Which industries are over-represented in the suburb of Balwyn's employment market?
The suburb of balwyn shows notable specialization in professional & technical, which employs 14.4% of the local workforce compared to 10.1% regionally. This moderate specialization indicates some local strength in the sector. The area also shows above-average employment in 1 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the suburb of Balwyn?
Based on Jobs and Skills Australia projections applied to the suburb of Balwyn's industry mix, employment is expected to grow by 7.3% over the next five years and 14.8% over ten years. This exceeds the national forecast of 6.6% over five years, suggesting the area's industry composition is well-positioned for future growth. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the suburb of Balwyn compare nationally?
The suburb of balwyn's employment market shows above-average performance nationally, placing in the top half of areas assessed. Employment indicators suggest healthy labour market conditions relative to other regions. Recent job advertisement trends show the broader employment region saw a 8.9% decline, ranking 34.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the suburb of Balwyn?
Skilled workers will find excellent opportunities in the suburb of Balwyn, with knowledge-intensive sectors comprising 50.6% of local employment. Key sectors for skilled workers include health care & social assistance (17.4%), professional & technical (14.4%), and education & training (10.1%). With projected employment growth of 7.3% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Balwyn

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Median household income in Balwyn is $1,975 a week (about $103,000 a year), with median personal income at $850 a week. ATO records put median taxable income at $48,625 a year against an average of $93,054. The average runs 91% above the median, a wider spread than most areas and a sign of a concentrated group of high earners. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

ATO postcode statistics compiled by AreaSearch for financial year 2023 place Balwyn's median taxpayer income at $48,625 alongside an average of $93,054, ranking among the top tiers nationally and sitting against Greater Melbourne's median of $57,688 and average of $75,164. Factoring in 9.62% growth in the Wage Price Index since financial year 2023 yields updated estimates of approximately $53,303 (median) and $102,006 (average) as of March 2026. In the 2021 Census, household, family, and individual earnings aligned with the 61st percentile across the nation, with 26.4% of the population (3,764 individuals) earning between $1,500 - 2,999 weekly, compared to 32.8% regionally.

Furthermore, 33.5% above $3,000/week reflects elevated local purchasing power. Although residential costs absorb 16.2% of income, disposable earnings remain at the 63rd percentile, positioning the locality in the 9th decile on the SEIFA income scale.

Frequently Asked Questions - Income

What is the median taxable income in the suburb of Balwyn?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Balwyn is approximately $53,303. The official ATO data from FY-23 recorded a median of $48,625.
What is the average taxable income in the suburb of Balwyn?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Balwyn is approximately $102,006. The official ATO data from FY-23 recorded an average of $93,054.
How does the median taxable income in the suburb of Balwyn compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Balwyn is approximately $53,303 compared to $63,238 in Greater Melbourne. The official ATO data from FY-23 shows $48,625 and $57,688 respectively.
How does the average taxable income in the suburb of Balwyn compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Balwyn is approximately $102,006 compared to $82,395 in Greater Melbourne. The official ATO data from FY-23 shows $93,054 and $75,164 respectively.
What are the main income cohorts in the suburb of Balwyn according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~26.4% / 3,764 persons) of the suburb of Balwyn's population is the $1,500 - 2,999 cohort.
How do the main income cohorts in the suburb of Balwyn compare to the region?
The largest income cohort in the suburb of Balwyn is the $1,500 - 2,999 group, representing about 26.4% of the population. In comparison, Greater Melbourne's largest income cohort is the $1,500 - 2,999 group, representing 32.8% of its population, according to the 2021 Census.
What is the median household income in the suburb of Balwyn according to the 2021 Census?
The 2021 Census data indicates that the median household income in the suburb of Balwyn is $1,975/wk.
What is the median family income in the suburb of Balwyn according to the 2021 Census?
According to the 2021 Census, the median family income in the suburb of Balwyn is $2,492/wk.
What is the median personal income in the suburb of Balwyn according to the 2021 Census?
The 2021 Census shows that the median personal income in the suburb of Balwyn is $850/wk.
How does the suburb of Balwyn's income rank nationally?
The suburb of Balwyn shows a median taxpayer income of $48,625 and an average of $93,054 according to the latest postcode level ATO data aggregated by AreaSearch for FY-23. This is among the highest in Australia, contrasting with Greater Melbourne's median income of $57,688 and average income of $75,164. Based on Wage Price Index growth of 9.62% since FY-23, current estimates would be approximately $53,303 (median) and $102,006 (average) as of March 2026.
What is the disposable income in the suburb of Balwyn?
The estimated disposable income in the suburb of Balwyn is $7,172 per year according to AreaSearch analysis.
How does the suburb of Balwyn's disposable income compare to the region?
The suburb of balwyn's disposable income is $7,172 compared to $6,948 for Greater Melbourne, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Balwyn

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Balwyn had 5,085 occupied dwellings at the 2021 Census, 59% detached houses and 15% apartments. 28% are owned with a mortgage, 28% rented and 44% owned outright. At that Census the median rent was $451 a week and the median mortgage repayment $3,000 a month. Rent absorbs 22.8% of household income here and mortgage repayments 35.1%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

Census data reveals that residential stock in Balwyn consisted of 58.7% houses and 41.3% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with 67.9% houses and 32.1% other dwellings across Melbourne metro. Outright property ownership reached 44.1%, well above metro benchmarks, with mortgaged properties accounting for 28.1% and rental housing making up 27.8%. Typical monthly mortgage commitments stood at $3,000 and weekly rents averaged $451, exceeding Melbourne metro benchmarks of $2,000 and $390 respectively, as well as broader Australian averages of $1,863 for home loans and $375 for tenancies.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the suburb of Balwyn?
In the suburb of Balwyn, 44.1% of homes are owned outright, 28.1% are owned with a mortgage, and 27.8% are rented.
What percentage of dwellings in the suburb of Balwyn are houses?
According to the latest data, 58.7% of dwellings in the suburb of Balwyn are houses.
What percentage of dwellings in the suburb of Balwyn are apartments or units?
In the suburb of Balwyn, 15.2% of dwellings are apartments or units, with an additional 26.0% being semi-detached dwellings.
What is the level of outright home ownership in the suburb of Balwyn?
Outright home ownership in the suburb of Balwyn stands at 44.1%, compared to 30.7% in Greater Melbourne.
What is the median monthly mortgage repayment in the suburb of Balwyn?
The median monthly mortgage repayment in the suburb of Balwyn is $3,000, compared to $2,000 in Greater Melbourne.
What is the median weekly rent in the suburb of Balwyn?
The median weekly rent in the suburb of Balwyn is $451, compared to $390 in Greater Melbourne.
What is the distribution of rental prices in the suburb of Balwyn?
In the suburb of Balwyn, 2.6% of rentals are $0-149/week, 12.2% are $150-349/week, 60.7% are $350-649/week, 17.5% are $650-949/week, and 7.0% are $950+/week.
What is the average monthly housing cost in the suburb of Balwyn?
The aggregate monthly housing cost in the suburb of Balwyn is $1,386, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the suburb of Balwyn?
In the suburb of Balwyn, households with mortgages typically spend 35.1% of their income on mortgage repayments, while renters spend 22.8% of their income on rent.
How crowded are homes in the suburb of Balwyn?
The average persons per bedroom ratio in the suburb of Balwyn is 0.8, indicating the level of household density.
How does housing affordability in the suburb of Balwyn compare to the region?
Housing affordability in the suburb of Balwyn shows mortgage holders spending 35.1% of income on repayments (vs 24.3% regionally), while renters spend 22.8% of income on rent (vs 20.5% regionally).
What types of dwellings are most common in the suburb of Balwyn?
The dwelling mix in the suburb of Balwyn consists of 58.7% detached houses, 26.0% semi-detached dwellings, 15.2% apartments, and 0.1% other dwelling types.
What is the weighted average housing cost based on tenure mix in the suburb of Balwyn?
Considering the housing occupancy patterns, the weighted average monthly housing cost is approximately $1,386. This accounts for outright owners paying no housing costs, mortgage holders paying $3,000/month, and renters paying $1,953/month.
How affordable is housing in the suburb of Balwyn relative to local incomes?
Housing in Balwyn consumes approximately 16.2% of median household income ($8,552 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the suburb of Balwyn?
Recent development applications in Balwyn show attached dwellings contributing 37% of approvals compared to 41% of existing stock, while detached houses represent 63% of applications versus 59% of current dwellings. This suggests development patterns consistent with existing housing mix. This area is seeing substantial increases in dwelling density compared to most Australian locations.

HouseholdsHousehold Composition in Balwyn

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Balwyn counted 5,085 households at the 2021 Census, an estimated 5,373 today, averaging 2.6 people each. 36% are couples with children, against 23% couples without children. 26% of households are people living alone, and families average 1.4 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Family units constitute 72.1% of local households, encompassing 36.4% couples with children, 22.9% couples without children, and 11.8% single parent families. The remaining 27.9% consists of non-family arrangements, with lone person households representing 25.5% and group households comprising 2.4% of the total. Typical household occupancy sits at 2.6 people, matching the broader Greater Melbourne metric.

Frequently Asked Questions - Households

How many households are in the suburb of Balwyn?
As of the 2021 Census, the suburb of Balwyn had 5,085 households. Based on population growth patterns, this has grown by approximately 5.7% to an estimated 5,373 households today.
What is the typical household size?
The median household size in the suburb of Balwyn is 2.6 people. This compares to 2.6 in Greater Melbourne and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 72.1% of all households. The remaining households consist of lone person households (25.5%), group households (2.4%), and other household types (0.0%).
How are families structured in the area?
Among the 3,666 family households, 36.4% are couples with children, 22.9% are couples without children at home, and 11.8% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the suburb of Balwyn compare to regional household patterns?
Compared to Greater Melbourne, the suburb of Balwyn shows distinct household patterns. This family-oriented profile influences local demand for family homes, schools, and children's services.
What is the average family size?
Families in the suburb of Balwyn have an average of 1.4 children, matching the Greater Melbourne average of 1.4. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the suburb of Balwyn?
Marriage patterns reveal 54.7% of the adult population are currently married, while 31.8% have never married. This compares to 47.0% married and 38.0% never married across Greater Melbourne.
How significant are single-person households?
Single-person households represent 25.5% of all households in the suburb of Balwyn, similar to the regional average of 24.8%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 2.4% of households, well below the Greater Melbourne average of 4.3%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Balwyn

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52.7% of adults in Balwyn hold a university qualification, including 33.3% with a bachelor degree and 15.0% with postgraduate qualifications, higher than 94% of areas nationally. A further 7.4% hold a vocational qualification. 4 schools serve the area, with 1,185 enrolment places and an average ICSEA of 1,135 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

Tertiary attainment in Balwyn is exceptionally elevated, with 52.7% of residents aged 15+ possessing higher education degrees, compared to 30.4% in Australia and 33.4% in VIC. Bachelor degrees represent 33.3%, postgraduate qualifications account for 15.0%, and graduate diplomas comprise 4.4%. In addition, vocational credentials represent 17.9% of qualifications among those aged 15+, divided into advanced diplomas (10.5%) and certificates (7.4%). Community educational engagement is high, with 32.1% of the local population actively participating in study programs. This aggregate includes 9.6% in secondary education, 9.0% in primary education, and 9.0% pursuing tertiary education.

Frequently Asked Questions - Education

What percentage of people in the suburb of Balwyn have university qualifications?
52.7% of people aged 15 and over in the suburb of Balwyn have university qualifications, compared to 37.0% in the broader region.
What percentage of people in the suburb of Balwyn have no formal qualifications?
29.4% of people aged 15 and over in the suburb of Balwyn have no formal qualifications, compared to 35.2% regionally.
How does the suburb of Balwyn's education level compare to national averages?
The suburb of balwyn ranks in the 94th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the suburb of Balwyn?
The most common qualifications in the suburb of Balwyn are: Bachelor Degree (33.3%), Postgraduate (15.0%), Advanced Diploma (10.5%).
What proportion of the suburb of Balwyn's population is currently attending educational institutions?
32.1% of the population in the suburb of Balwyn is currently engaged in formal education, with 9.0% in primary school, 9.6% in secondary school, 9.0% at university.
What is the ICSEA score for schools in the suburb of Balwyn?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the suburb of Balwyn is 1135, indicating above-average socio-educational advantage compared to the national average of 1000.
How many schools are located within the suburb of Balwyn?
There are 4 schools within the suburb of Balwyn, with a combined enrollment of approximately 1,185 students.
What types of schools are available in the suburb of Balwyn?
The suburb of balwyn includes 1 primary school, 3 combined schools.

Schools Detail

AmenitiesServices & Amenities in Balwyn

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Getting AroundTransport & Commuting in Balwyn

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Public transport in Balwyn reaches 47 stops on 10 routes, timetabled for about 2,900 services a week. The typical home sits about 220 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.2 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

Public transit coverage in Balwyn includes 47 active transport stops offering light rail and bus connectivity across 10 individual routes, delivering 2,921 weekly passenger trips. Access is convenient, with commuters situated an average of 221 meters from their closest boarding point. Commuter travel primarily flows outward, with private vehicles accounting for 81% of trips and rail representing 6%. Private vehicle access averages 1.2 per dwelling, while 42.9% of residents worked remotely during the 2021 Census under pandemic-related conditions. Transit services maintain an operational rate of 417 trips per day across the network, generating an average of approximately 62 weekly trips per individual stop.

Frequently Asked Questions - Transport

How many public transport stops are in Balwyn?
There are 47 public transport stops within the suburb of Balwyn.
How frequent are the transport services in Balwyn?
the suburb of Balwyn has 2,921 weekly trips across 10 routes, averaging 417 trips per day.
How far are residents from public transport in Balwyn?
On average, residential properties are 221 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Balwyn

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75.0% of residents in Balwyn report no long-term health condition, a healthier profile than 90% of areas nationally. 4.6% need daily assistance with core activities, and 63.5% hold private health cover. The standardised death rate runs at 4.5 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

AreaSearch health metrics indicate favorable outcomes across Balwyn, characterized by low mortality and low incidence of chronic illness across all demographics. Private health insurance participation is exceptionally strong at approximately 63% of the total population (9,051 people), well above the 56.7% reported for Greater Melbourne and the 55.7% national figure. Arthritis and asthma represent the most frequently reported conditions locally, affecting 6.6 and 6.0% of residents respectively, while 75.0% reported no medical ailments, outperforming Greater Melbourne's 72.6%. Residents aged 65 and over account for 22.8% of residents (3,251 people), exceeding the 15.1% recorded regionally, with older age brackets demonstrating solid health outcomes consistent with broader benchmarks.

Frequently Asked Questions - Health

How many people in the suburb of Balwyn have private health insurance?
Around 63.5% of people in the suburb of Balwyn are covered by private health insurance, which compares to 56.7% in the broader region of Greater Melbourne.
What percentage of the population requires ongoing medical assistance in the suburb of Balwyn?
In the suburb of Balwyn, 4.6% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 5.5% of people in Greater Melbourne require similar assistance.
How prevalent is asthma in the suburb of Balwyn?
6.0% of people in the suburb of Balwyn are diagnosed with asthma. In comparison, 7.3% of the population across Greater Melbourne is affected by asthma.
What percentage of people have diabetes in the suburb of Balwyn?
Diabetes affects 3.6% of the the suburb of Balwyn population, while in the surrounding region, 4.1% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the suburb of Balwyn?
3.7% of people in the suburb of Balwyn have heart disease. Across the region of Greater Melbourne, 3.1% of the population is affected by heart disease.
How does the suburb of Balwyn compare to the region in terms of overall private health coverage?
In the suburb of Balwyn, 63.5% of the population are estimated to have private health insurance. Comparatively, Greater Melbourne sees an estimated private health coverage rate of 56.7%.

Ancestry & LanguageCultural Diversity in Balwyn

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46.9% of Balwyn residents were born overseas and 47.2% speak a language other than English at home, more culturally diverse than 88% of areas nationally. The largest reported ancestries are Chinese (27.6%) and English (17.0%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Cultural diversity is pronounced in Balwyn, where 47.2% of the local population speaks a non-English language at home and 46.9% was born overseas. Christianity represents the leading religious affiliation at 41.0% of people in Balwyn, while Buddhism demonstrates substantial local concentration at 5.9% of the population compared to 4.2% across Greater Melbourne. Ancestry data indicates that parental background is led by Chinese heritage at 27.6% of the population, notably higher than Greater Melbourne's 6.5%, followed by English at 17.0% and Australian at 13.5%. Other cultural backgrounds present distinct representation patterns, including Greek at 3.4% of Balwyn (vs 2.7% regionally), Sri Lankan at 0.6% (vs 0.8%), and Vietnamese at 1.6% (vs 1.9%).

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the suburb of Balwyn?
Balwyn scores quite highly on cultural diversity, with 47.2% of its population speaking a language other than English at home and 46.9% born overseas.
What is the most common religion in the suburb of Balwyn?
The main religion in Balwyn was found to be Christianity, which makes up 41.0% of people in Balwyn. However, the most apparent overrepresentation was in Buddhism, which comprises 5.9% of the population, compared to 4.2% across Greater Melbourne.
What are the top countries of origin in the suburb of Balwyn?
In terms of ancestry (country of birth of parents), the top three represented groups in Balwyn are Chinese, comprising 27.6% of the population, which is substantially higher than the regional average of 6.5%, English, comprising 17.0% of the population, and Australian, comprising 13.5% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Greek is notably overrepresented at 3.4% of Balwyn (vs 2.7% regionally), Sri Lankan at 0.6% (vs 0.8%) and Vietnamese at 1.6% (vs 1.9%).
How does the percentage of people born overseas compare to the regional average?
46.9% of the the suburb of Balwyn population was born overseas, compared to 37.3% regionally.
What percentage of the the suburb of Balwyn population speaks a language other than English at home?
47.2% of the population in the suburb of Balwyn speaks a language other than English at home, compared to 35.9% in the wider region.
How many people in the suburb of Balwyn identify as Australian Aboriginal?
0.2% of the the suburb of Balwyn population identifies as Australian Aboriginal, compared to 0.5% in the region.
What is the citizenship status of the population in the suburb of Balwyn?
78.0% of the the suburb of Balwyn population holds citizenship, compared to 81.1% in the wider region.

Age StructureAge Profile of Balwyn

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The median resident of Balwyn is 43. 25.7% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

The age distribution in the suburb of Balwyn leans heavily toward mature cohorts. August 2026 updates show that 22.8% of residents fall into retiree and elderly cohorts (65+), compared to 15.1% across Greater Melbourne, while young to middle aged adults (25 - 44) account for 23.2% against a 32.1% regional benchmark. The median age remains steady at an estimated 43, mirroring the 2021 Census figure while sitting above Greater Melbourne's 37 and Australia's 38 recorded at that time. Since the Census, the retiree and elderly cohorts increased from 21.1% to an estimated 22.8% of residents.

Long-term projections to 2041 anticipate this senior bracket expanding by 850 residents (26%) to 4,101, offset by contractions among children and young adults as well as young to middle aged adults.

Frequently Asked Questions - Age

What is the median age in the suburb of Balwyn?
AreaSearch estimates the median age in the suburb of Balwyn at 43 years as at August 2026. That is in line with the 2021 Census figure of 43 years, on an age profile AreaSearch re-estimates for population change recorded since the Census.
How does the suburb of Balwyn's median age compare to broader areas?
At an estimated 43 years as at August 2026, Balwyn is 6 years older than the Greater Melbourne 2021 Census average (37 years) and 5 years older than the national Census average (38 years).
What age groups are over-represented in the suburb of Balwyn?
On AreaSearch estimates updated to August 2026, the most over-represented age group in the suburb of Balwyn compared to the Greater Melbourne region is the 65 - 74 group, making up 10.8% of the population.
What age groups are under-represented in the suburb of Balwyn?
On AreaSearch estimates updated to August 2026, the most under-represented age group in the suburb of Balwyn compared to the Greater Melbourne region is the 25 - 34 group, making up 11.1% of the population.
Are there age groups with notable population variances?
Yes, certain age groups in the suburb of Balwyn show significant variance compared to the Greater Melbourne region. The most over-represented age groups are 85+ year-olds (4.1% vs 2.1%) and 75-84 year-olds (7.9% vs 5.2%). The most under-represented age group is 0-4 year-olds (2.5% vs 5.6%).
What is the percentage of children (0-14 years) in the suburb of Balwyn?
AreaSearch estimates children aged 0-14 years at 14.5% of the population in the suburb of Balwyn as at August 2026.
What is the percentage of older people (65+ years) in the suburb of Balwyn?
AreaSearch estimates people aged 65 and over at 22.8% of the population in the suburb of Balwyn as at August 2026.

Data & MethodBoundaries, Sources & Method for Balwyn

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Oct 2026.

Everything is aggregated to the Suburb (SAL) boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) Aug 2026 2 months ago headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to Aug 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual Aug 2026 2 months ago headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to Aug 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Aug 2026 2 months ago headline measures · Jul 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Oct 2026 this month headline measures · Sep 2026 baseline
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Oct 2026.
Infrastructure projects Infrastructure Australia, State agencies, Local governments Daily Jul 2026 3 months ago all 6 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated Jul 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 7 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Sep 2026 last month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 3 months ago headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Sep 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 108 validated new addresses here. The headline figure is therefore a current estimate for Aug 2026, not a 2021 count (13,495 at the 2021 Census → 14,259 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to Aug 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (SAL20123). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

How do Balwyn suburb boundaries differ from Statistical Areas?
This page uses Suburbs and Localities (SAL) boundaries (suburb-style geography). SAL represents commonly-known suburb names used in addresses, while Statistical Areas (SA2) are designed for census/statistical reporting. Even when sharing the same name, SAL and SA2 boundaries often cover different geographic areas with different populations.
Where does the data on this Balwyn page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Balwyn data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Aug 2026), property sales & rents (Oct 2026), infrastructure projects (Jul 2026) and services & amenities (Sep 2026). Built on a Census baseline but carrying newer measures on top: population (to Aug 2026), age profile (to Aug 2026), employment (to Mar 2026), income (to FY 2023), education (to Sep 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

Nearby Areas