Side by sideSuburb comparison

Silverwater vs Balcolyn.

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

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 questionsSilverwater vs Balcolyn

Common questions

Is Silverwater or Balcolyn 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, Silverwater or Balcolyn?

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, Silverwater or Balcolyn?

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

Silverwater
Metric
Balcolyn

Price & Market

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

Rental

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

Lifestyle & Demographics

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

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).