Balwyn North real estate

Flats or apartments make up 3% of occupied homes in Balwyn North, below the 12% across Victoria. Separate houses account for 83%, above the state's 73%, and townhouses, terraces or semi-detached houses for 13%, below 14% statewide. Four or more bedrooms is the count in 53% of homes in Balwyn North, above 33% across Victoria. Three bedrooms accounts for 36%, below the 42% statewide, and two bedrooms or fewer for 11%, below the 25% statewide. On Census night, 9% of private dwellings in Balwyn North were unoccupied, below the Victorian figure of 11%.

The median mortgage repayment in Balwyn North was $3,078 a month, above $1,859 across Victoria. Median household income was $2,346 a week, above the state's $1,759, and the median rent $554 a week, above the state's $370. Worked out on this page from the two weekly medians, the median rent equals 24% of the median weekly income of all households, renters or not, above 21% across the state.

Outright owners are 46% of households in Balwyn North, above the Victorian share of 32%. Paying off a mortgage describes 32% of households, below 36% statewide, and renting 19%, below the state's 29%. Of the renting households, 83% rent from a landlord the ABS records as a real estate agent, above 73% across Victoria.

Households in Balwyn North averaged 2.9 people at the 2021 Census, above 2.5 across Victoria. The suburb of Balwyn North was home to 21,302 people, and their median age was 42 years, above the Victorian median of 38. Of people aged five and over in Balwyn North, 62% lived at the same address five years earlier, a single 2021 question about where they lived in 2016. That share is above the Victorian share of 54%.