Side by sideSuburb comparison

Balcolyn vs Silverwater.

Comparing two suburbs with median house prices of $880,000 and $870,000.

Silverwater (median $870,000) is roughly 1% cheaper to buy into than Balcolyn ($880,000). Over the past year, Balcolyn (+12.5%) ran 12.5 percentage points ahead of Silverwater (0%) on house-price growth.

The takeWhich suburb suits which buyer

For buyers

Silverwater is the lower entry point at $870,000 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Investors face a yield-versus-growth split: Silverwater delivers the better gross yield (4.15% vs 4.11%), but Balcolyn has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.

For families

School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.

Common questionsBalcolyn vs Silverwater

Common questions

Is Balcolyn or Silverwater cheaper to buy in?

Silverwater has the lower median house price at $870,000, roughly 1% below Balcolyn ($880,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Balcolyn or Silverwater?

Over the past 12 months, Balcolyn grew +12.5% vs 0% in Silverwater, a gap of 12.5 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Which suburb has higher rental yield, Balcolyn or Silverwater?

Gross rental yield on houses is 4.15% in Silverwater vs 4.11% in Balcolyn. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Balcolyn
Metric
Silverwater

Price & Market

$880,000
Median house
$870,000
$278,640
Median unit
$278,640
+12.5%
Annual growth (house)
+0.0%
Days on market

Rental

$695/wk
Rent (house / wk)
$695/wk
Rent (unit / wk)
77.0%
Owner occupied
23.0%
Renter occupied

Lifestyle & Demographics

0
Walk score
0
0
Transit score
0
20
Bike score
25
1,002
Population
43
Median age

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
988
Avg ICSEA
988

Climate

1143 mm
Annual rainfall
1143 mm
24.7°C
Mean max (Jan)
24.7°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).