Rental market inBalwyn VIC 3103
The rental market
Median rent, history and gross-yield calculations for Balwyn, VIC 3103.
Current rent
What it costs to rent here right now.
House (median)
$750/wk
Unit (median)
$588/wk
3 bedroom
$750/wk
2 bedroom
$588/wk
1 bedroom
$500/wk
Rental data as of September 2025· rental-vic
Investor view
Rental yield versus purchase price.
Median house price
$3,128,000
Median weekly rent
$750/wk
Gross rental yield
1.25%
Gross yield = (weekly rent × 52) ÷ median house price × 100. Does not account for expenses, vacancy, or management fees. Use the rental yield calculator for a net-yield estimate.
History
How rents have moved.
| Period | House median | Unit median |
|---|---|---|
| 2025-Q3 | $750/wk | $588/wk |
| 2025-Q2 | $725/wk | $580/wk |
| 2025-Q1 | $700/wk | $580/wk |
| 2024-Q4 | $700/wk | $570/wk |
| 2024-Q3 | $700/wk | $550/wk |
| 2024-Q2 | $700/wk | $550/wk |
| 2024-Q1 | $700/wk | $520/wk |
| 2023-Q4 | $660/wk | $500/wk |
| 2023-Q3 | $650/wk | $490/wk |
| 2023-Q2 | $625/wk | $460/wk |
| 2023-Q1 | $593/wk | $450/wk |
| 2022-Q4 | $593/wk | $420/wk |
| 2022-Q3 | $590/wk | $420/wk |
| 2022-Q2 | $593/wk | $405/wk |
| 2022-Q1 | $580/wk | $400/wk |
| 2021-Q4 | $570/wk | $400/wk |
| 2021-Q3 | $550/wk | $400/wk |
| 2021-Q2 | $560/wk | $400/wk |
| 2021-Q1 | $570/wk | $400/wk |
| 2020-Q4 | $575/wk | $420/wk |
Active listings
Properties for rent in Balwyn.
Browse current rental listings.
Thinking about investing in Balwyn?
Gross yield is only half the picture. Get matched with a local expert who knows vacancy, tenant demand and what actually rents in Balwyn. Free, no obligation.
Talk to an investment expert