Dreaming of a property in Balwyn North, VIC 3104? It's essential to decide whether it is suitable for you (and your family?). The Homes.com.au suburb profile informs you with unique data about Balwyn North property prices, market trends & demographics to educate you on your next home or investment.
If you are new to Balwyn North, continue reading for a brief historical overview to discover the lifestyle and what makes this suburb so popular.
Overview North Balwyn or Balwyn North is a residential suburban area popular for its affluence, with properties amounting to $2 million on average. Such an amount is significantly higher than the median pricing of properties in Victoria, which is around $700,000. Thus, Balwyn North is a predominantly middle to upper-middle-class suburb. As of the year 2016, the population of Balwyn North sums up to 20,406.
Living in Balwyn North Balwyn North is a popular suburb for its tranquillity and safety, which constantly puts the suburb as one of the safest areas around Melbourne. The suburb is home to many schools, including Balwyn High School, an educational institution desired by many. The suburb also features various parks and recreational reserves, such as Leigh Park, Koonung Creek Reserve, Greythorn Park, Gordon Barnard Reserve, and others. In terms of commercial areas, there are several shopping centres in Balwyn North, including The Village, Greythorn Village, Belmore Heights Shopping Centre, and East Balwyn Shopping Centre.
History of Balwyn North With its triple fronted houses, ornamental brickwork, and picture windows, Balwyn North was Melbourne's iconic up-and-coming middle-class neighbourhood in the 1950s. With the passage of time, developing gardens, and a patina of wear on the building finishes, its middle-class status has become less apparent.
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