$554 ▲ +35.1%
Higher than 94% of statistical area 2 (sa2) areas.
- 2011: $410
- 2016: $481
- 2021: $554
Median weekly rent paid by households renting their home.
Balwyn North · Statistical Area 2 (SA2)
Housing & Dwellings in Balwyn North
Where and how people live — the homes, how they are held, and what they cost.
Monthly mortgage payments have risen by $719 since 2011 in Balwyn North, where housing costs are now among the highest for similar areas. This is an expensive pocket of Melbourne dominated by large, family-sized homes. Most residents own their houses, while rental properties are much less common than across the state.
$554
▲ +35.1%
- $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 North — higher than 94% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are far above the Victorian figure at $3,102, and weekly rents are also well above state levels at $554. Half of all mortgage holders pay $3,000 or more each month.
$3,102 ▲ +30.2%
Higher than 97% of statistical area 2 (sa2) areas.
- 2011: $2,383
- 2016: $2,500
- 2021: $3,102
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →Balwyn North splits fairly evenly between $350–$549 (38%) and $550–$749 (34%), with $750 or more at 19%.
Monthly mortgage distribution
View on map →In Balwyn North, $3,000 or more is the majority at 56%; $1,800–$2,999 is next at 18%.
Owning & renting
How homes are owned or rented.
Home ownership is much higher than in most areas, with 45.9% of homes owned outright. Meanwhile, the 19.4% of households that rent is far below the national figure.
19.4% ▲ +16.6%
Lower than 73% of statistical area 2 (sa2) areas.
- 2011: 16.6%
- 2016: 18.8%
- 2021: 19.4%
Share of occupied private dwellings that are rented.
45.9% ▼ -7.9%
Higher than 89% of statistical area 2 (sa2) areas.
- 2011: 49.9%
- 2016: 46.6%
- 2021: 45.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Balwyn North, the largest group is Owned outright at 46%, followed by Owned with a mortgage (32%) and Rented (19%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are common here, as 88.6% have three or more bedrooms and 83.2% are separate houses. This is far above the national figure, though the proportion of detached houses fell slightly since 2011.
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.
83.2% ▼ -4.3%
Lower than 53% of statistical area 2 (sa2) areas.
- 2011: 86.9%
- 2016: 85.2%
- 2021: 83.2%
Share of occupied private dwellings that are separate houses.
88.6% ▲ +2.5%
Higher than 78% of statistical area 2 (sa2) areas.
- 2011: 86.4%
- 2016: 87.1%
- 2021: 88.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Balwyn North, Separate house is the majority at 83%; Townhouse / semi-detached is next at 13%.
Bedrooms per home
View on map →Balwyn North splits fairly evenly between 4 bedrooms (38%) and 3 bedrooms (36%), with 5 or more at 15%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Balwyn North
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Balwyn North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/207011148/balwyn-north/topic/housing-dwellings