Balwyn, a charming suburb in the eastern part of Melbourne, Victoria, is known for its leafy streets, family-friendly atmosphere, and excellent amenities. The suburb offers a mix of vibrant community life, good schools, and recreational facilities, making it a popular choice for families, professionals, and retirees alike. This article explores the best residential areas within Balwyn, highlighting their distinctive characteristics, housing options, and average prices.
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Balwyn North
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Balwyn North is a family-centric suburb known for its reputable schools, parks, and community feel. The area boasts a mix of modern amenities and a tranquil environment, appealing to families and professionals looking for a balanced lifestyle.
Characteristics of the Balwyn North
* Culture: Community events, local markets
* Transportation: Excellent bus services, nearby tram lines
* Services: Local shops, cafes, schools, parks
* Environment: Friendly and suburban
Housing Options in the Balwyn North
Single-family homes, Townhouses, Apartments
Average Home Prices in the Balwyn North
* Buying: $1,200,000 – $1,800,000
* Renting: $650 – $1,200/month
Balwyn South
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Balwyn South is an affluent area characterised by large homes and beautifully landscaped gardens. It features excellent public transport links and is close to the popular Balwyn Village, known for its local shops and eateries.
Characteristics of the Balwyn South
* Culture: Cafes, restaurants, shopping
* Transportation: Tram access, ample bus routes
* Services: Supermarkets, medical services, schools
* Environment: Upmarket and community-oriented
Housing Options in the Balwyn South
Large family homes, Units
Average Home Prices in the Balwyn South
* Buying: $1,500,000 – $2,500,000
* Renting: $700 – $1,500/month
Balwyn Village
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Balwyn Village is the cultural heart of the suburb, featuring an array of boutique shops and vibrant cafes. This area is perfect for those seeking a lively community lifestyle with easy access to amenities and public transport.
Characteristics of the Balwyn Village
* Culture: Art and cafe culture, local events
* Transportation: Tram and bus services, walking-friendly
* Services: Variety of shops and eateries, cinema
* Environment: Lively and engaging
Housing Options in the Balwyn Village
Apartments, Flats, Townhouses
Average Home Prices in the Balwyn Village
* Buying: $800,000 – $1,200,000
* Renting: $500 – $1,000/month
Deepdene
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Located adjacent to Balwyn, Deepdene is a quieter suburb known for its spacious homes and peaceful environment. This area is ideal for families looking for a serene lifestyle while being close to urban conveniences.
Characteristics of the Deepdene
* Culture: Community gatherings, close-knit neighbourhood
* Transportation: Local bus services, nearby tram stations
* Services: Parks, schools, local shops
* Environment: Quiet and family-friendly
Housing Options in the Deepdene
Single-family homes, Units
Average Home Prices in the Deepdene
* Buying: $1,000,000 – $1,600,000
* Renting: $600 – $1,100/month
Mont Albert North
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Mont Albert North is a desirable suburb, offering a mix of both residential and commercial real estate. Well-known for its excellent schools and recreational facilities, it’s ideal for those seeking excellent amenities within a suburban setting.
Characteristics of the Mont Albert North
* Culture: Active community life, local sporting clubs
* Transportation: Tram services, good bus connectivity
* Services: Grocery stores, schools, parks
* Environment: Suburban and vibrant
Housing Options in the Mont Albert North
Townhouses, Single-family homes
Average Home Prices in the Mont Albert North
* Buying: $900,000 – $1,400,000
* Renting: $600 – $1,200/month
Canterbury
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Canterbury, known for its large homes and established gardens, is a prestigious suburb bordering Balwyn. With excellent schools and parks, it's a sought-after area, particularly for families.
Characteristics of the Canterbury
* Culture: Historic architecture, community events
* Transportation: Train and tram network, buses
* Services: High-end shops, gourmet restaurants, cafes
* Environment: Elegant and family-oriented
Housing Options in the Canterbury
Victorian homes, Modern townhouses
Average Home Prices in the Canterbury
* Buying: $2,000,000 – $3,500,000
* Renting: $900 – $1,800/month
Frequently Asked Questions About the Best Residential Areas in Balwyn:
The best suburbs in Balwyn include Balwyn North, Balwyn South, Balwyn Village, Deepdene, Mont Albert North, and Canterbury.
Balwyn North is widely regarded as the most family-friendly suburb due to its excellent schools and community amenities.
Balwyn Village is known for its vibrant cafe culture and offers a variety of choices for coffee lovers.
Average house prices in Balwyn range from approximately $800,000 in Balwyn Village to over $3,500,000 in Canterbury.
Balwyn has excellent public transport with tram and bus services connecting residents to Melbourne's CBD and surrounding suburbs.
While some areas of Balwyn can be quite expensive, Balwyn Village and Balwyn North offer more affordable options for first-home buyers.
Balwyn offers a range of amenities, including supermarkets, schools, parks, cafes, and recreational facilities.
Balwyn North and Balwyn South have some of the highest-rated schools, making them popular among families.
Balwyn features a variety of housing options, including single-family homes, townhouses, units, and apartments.
Yes, Balwyn is considered a safe suburb with low crime rates and a strong community presence.
Conclusion on the Best Residential Areas in Balwyn:
Balwyn offers a diverse range of residential areas, each with its unique charm and appeal. From the family-friendly atmosphere of Balwyn North to the upscale living in Canterbury, there is something for every lifestyle and preference. With excellent amenities, transport options, and a strong sense of community, Balwyn is a highly desirable suburb in which to live. Prospective buyers and renters can find numerous opportunities here, whether looking for a charming unit or a spacious family home. Ultimately, Balwyn presents a wonderful living experience that blends suburban tranquillity with urban convenience.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.