Stop paying
Balwyn’s wrong
manager.
Balwyn landlords lose an average of $4,100+ a year without realising it. Not bad luck. Not a bad market. The wrong property manager.
What your current setup could be costing you
Balwyn-calibratedSelf-managing isn't the only way to lose money on a rental. An agency that isn't reviewing your rent, marketing a vacancy properly or chasing arrears can cost just as much. This estimates the gap between your property's current performance and what Balwyn's market conditions actually support.
Illustrative estimate from the figures you enter above, not a guarantee. Assumes 52 weeks/year.
Balwyn market benchmarks
Cited, dated data| Measure | Balwyn | Source |
|---|---|---|
| Median rent, unit | $600/wk | REIV Market Insights, current quarter (accessed Aug 2026) |
| Median rent, house | $1000/wk | REIV Market Insights, current quarter (accessed Aug 2026) |
| Median sale price, unit | Not published | REIV Market Insights, current quarter (accessed Aug 2026) |
| Median sale price, house | $2.60m | REIV Market Insights, current quarter (accessed Aug 2026) |
| Gross rental yield, unit | N/A | AgentSelector calculation(rent × 52) ÷ price, from the rows above |
Suburb outlook
Market snapshotWe haven't published a full Landlord Index score for Balwyn yet. A reliable score needs a suburb-level vacancy rate, and Balwyn's isn't available through a free public source right now (SQM Research's suburb-level chart requires a paid data view) — so rather than estimate one, here's what the public rent and price data does tell us.
| Measure | Figure | Source |
|---|---|---|
| Median rent, unit | $600/wk | REIV Market Insights, current quarter (accessed Aug 2026) |
| Median rent, house | $1000/wk | REIV Market Insights, current quarter (accessed Aug 2026) |
| Median price, unit | not published | REIV Market Insights, current quarter (accessed Aug 2026) |
| Gross rental yield, unit | N/A | AgentSelector calc.(rent × 52) ÷ price |
This suburb gets a full Landlord Index score (like Richmond and Sandringham) once a public vacancy-rate figure is confirmed for it, or once HTAG Analytics access is live — whichever comes first.
What's happening in the Balwyn market
Updated quarterlyBalwyn vs. nearby suburbs
Comparison framing| Suburb | Median rent (unit) | Median price (unit) |
|---|---|---|
| Balwyn | $600/wk | — |
| Kew | $640/wk | — |
| Camberwell | $650/wk | — |
| Canterbury | N/A/wk | — |
Frequently asked
FAQPage schema on publishWhat's the average property management fee in Balwyn?
Property management fees in Melbourne suburbs like Balwyn typically sit in a defined range of the weekly rent, plus a separate letting fee charged when a new tenant is placed. Exact fees vary by agency and by the level of service included.
What's the current vacancy rate in Balwyn?
A suburb-level vacancy rate for Balwyn isn't currently published through a free public source. We'll add it as soon as one becomes available, or once our HTAG Analytics integration is confirmed.
What's the median rent for a unit in Balwyn?
$600 per week, according to REIV Market Insights, current quarter (accessed Aug 2026). Source: REIV Market Insights
Methodology & sources
See what a property manager would actually change here
Answer a few questions about your Balwyn property and we'll put you in touch with a property manager suited to it. No obligation.
A suburb-level vacancy rate for Balwyn isn't available from a free public source right now. Median unit rent currently sits at $600/wk, with houses at $1000/wk (REIV Market Insights, current quarter (accessed Aug 2026)), against a median unit sale price of a figure not published at suburb level, putting the gross rental yield at an unconfirmed level.
Without a confirmed vacancy figure, the safest read is the yield: a rental returning close to or above the Melbourne unit benchmark suggests healthy underlying demand, but getting the basics wrong (slow listing, above-market asking rent) still costs more the tighter the true market is. Balwyn is a low-density, family-oriented suburb dominated by established houses on larger blocks rather than unit stock, within the Balwyn High School zone and served by trams and nearby Camberwell/Box Hill stations.