$461 ▲ +29.9%
Higher than 83% of statistical area 2 (sa2) areas.
- 2011: $355
- 2016: $406
- 2021: $461
Median weekly rent paid by households renting their home.
Balwyn · Statistical Area 2 (SA2)
Housing & Dwellings in Balwyn
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $3,000 are among the highest for similar areas in Balwyn. This high cost of entry is paired with a strong trend toward home ownership, though the types of dwellings are shifting away from large detached houses.
$461
▲ +29.9%
- $100–$121: 37 areas
- $121–$143: 11 areas
- $143–$164: 27 areas
- $164–$186: 32 areas
- $186–$207: 63 areas
- $207–$229: 57 areas
- $229–$250: 59 areas
- $250–$271: 158 areas
- $271–$293: 106 areas
- $293–$314: 178 areas
- $314–$336: 149 areas
- $336–$357: 207 areas
- $357–$379: 179 areas
- $379–$400: 182 areas
- $400–$421: 312 areas
- $421–$443: 103 areas
- $443–$464: 158 areas
- $464–$486: 69 areas
- $486–$507: 85 areas
- $507–$529: 38 areas
- $529–$550: 32 areas
- $550–$571: 45 areas
- $571–$593: 19 areas
- $593–$614: 34 areas
- $614–$636: 8 areas
- $636–$657: 11 areas
- $657–$679: 5 areas
- $679–$700: 28 areas
All statistical area 2 (sa2) areas, 2021. The marker is Balwyn — higher than 83% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly home loans are far above the state and national figures, having risen by $800 since 2011. Renters also pay more than usual, with a typical weekly rent of $461, which is a little above the Victorian average.
$3,000 ▲ +36.4%
Higher than 96% of statistical area 2 (sa2) areas.
- 2011: $2,200
- 2016: $2,500
- 2021: $3,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Balwyn, the largest group is $350–$549 at 50%, followed by $750 or more (18%) and $550–$749 (17%).
Monthly mortgage distribution
View on map →In Balwyn, $3,000 or more is the majority at 53%; $1,800–$2,999 is next at 19%.
Owning & renting
How homes are owned or rented.
Home ownership is strong here, with 42.9% of homes owned outright—far above the national figure. Meanwhile, the proportion of households renting has risen slightly since 2011 to 25.8%, which is well below the Australian average.
25.8% ▲ +12.9%
Lower than 54% of statistical area 2 (sa2) areas.
- 2011: 22.8%
- 2016: 24.4%
- 2021: 25.8%
Share of occupied private dwellings that are rented.
42.9% ▼ -9.0%
Higher than 83% of statistical area 2 (sa2) areas.
- 2011: 47.2%
- 2016: 44.1%
- 2021: 42.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Balwyn, the largest group is Owned outright at 43%, followed by Owned with a mortgage (27%) and Rented (26%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 59.6% of the area, a figure far below the state and national averages. This shift is seen in the trend since 2011, where detached houses fell by 8.0 percentage points and homes with three or more bedrooms are now much lower than in most areas.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
59.6% ▼ -11.9%
Lower than 80% of statistical area 2 (sa2) areas.
- 2011: 67.7%
- 2016: 61.8%
- 2021: 59.6%
Share of occupied private dwellings that are separate houses.
69.1% ▼ -0.1%
Lower than 74% of statistical area 2 (sa2) areas.
- 2011: 69.1%
- 2016: 69.5%
- 2021: 69.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Balwyn, Separate house is the majority at 60%; Townhouse / semi-detached is next at 26%.
Bedrooms per home
View on map →Balwyn splits fairly evenly between 3 bedrooms (30%) and 4 bedrooms (26%), with 2 bedrooms at 26%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Balwyn
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Balwyn [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/207011147/balwyn/topic/housing-dwellings