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Balwyn, Australia

Full City Profile

2.2 /5.0
C Fair
13,495 Population 3/sq mi density
190 ft Elevation 58 meters
59°F Avg Temperature 15°C
C
Overall
2.2 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$28,730 median income, 5.0% unemployment
D
Affordability
1.7 / 5.0
$254,000 home value, $1,270/mo rent

Housing Overview

Median Home Value
$254,000
10% below
US avg: $281,900
Median Rent
$1,270/mo
9% above
US avg: $1,163/mo
Homeownership Rate
72.2%
10% above US avg (65.4%)
Total Housing Units
5,398

Ownership vs. Renting

72.2%
Owner-Occupied
27.8%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Complete Housing Data

Home Values

Census Median Value$254,000

Rent

Census Median Rent$1,270

Market

Ownership & Stock

Owner-Occupied72.2%
Renter-Occupied27.8%
Homeownership Rate72.2%
Total Housing Units5,398