Deepdene vs Balwyn.
Comparing two suburbs with median house prices of $3,450,000 and $3,128,000. Balwyn edges out on more headline metrics in this comparison.
Balwyn (median $3,128,000) is roughly 10% cheaper to buy into than Deepdene ($3,450,000).
Balwyn scores higher on walkability (50/100 vs 100/100 ), useful if you're optimising for a car-light household.
For buyers
Balwyn is the lower entry point at $3,128,000 median, 10% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Balwyn offers the higher gross rental yield (1.23% vs 0.69%), favouring cash-flow investors.
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 questions
Is Deepdene or Balwyn cheaper to buy in?
Balwyn has the lower median house price at $3,128,000, roughly 10% below Deepdene ($3,450,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which is more walkable, Deepdene or Balwyn?
Balwyn scores 100/100 on walkability vs 50/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Deepdene or Balwyn?
Gross rental yield on houses is 1.23% in Balwyn vs 0.69% in Deepdene. 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Deepdene against another suburb