Balwyn VIC, 3103
Balwyn Real Estate: Suburb Profile
Whether you're buying, renting, or investing in Balwyn, VIC 3103, it is crucial to determine if the area fits your budget and lifestlye. The Homes.com.au suburb profile utilises market-leading data to provide you with the Balwyn house prices, demographics & market trends so we can enable you to make a smart decision on your next home or investment.
If you're considering a move to Balwyn, have a little read of our historical overview to discover more about the amazing lifestyle and what makes this suburb so popular.
Overview Balwyn is located in Victoria, which is around 10 kilometres east of Melbourne's Central Business District. With a total land area of 5.6 square kilometres, Balwyn has a population of 15,343 people, according to a 2016 Census.
Living in Balwyn Balwyn is consecutively ranked as one of Melbourne's top five most affluent suburbs, mainly because of the many notable Interwar mansions that can be seen between Mont Albert Road and Whitehorse Road. Several bus lines serve transportation within the region. Residents and tourists can enjoy the major shopping centre of the neighbourhood, which is located around the intersection of Balwyn Road and Whitehorse Road.
Local sports enthusiasts support the Balwyn Tigers, an Australian Rules football team, who competed in the Eastern Football League, and the Balwyn Cricket Club who is also based there. It is also the location of the Maranoa Gardens, Australia's first botanical garden devoted to indigenous vegetation. The Balwyn Cinema also had its second significant restoration in less than a decade with eleven screens.
History of Balwyn Balwyn Road and the area were named after Andrew Murray's residence in the late 1850s. He was a commercial editor and political writer for The Argus newspaper. He purchased land on a hill overlooking Canterbury Gardens and named his house Balwyn, a combination of the Gaelic word "bal" and the Saxon word "wyn," which means "the home of the vine."
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