Balwyn vs Deepdene
House prices, rent and lifestyle, side by side. Every figure shows its period and source.
Bars scale each row to its largest figure.
| Suburb | BalwynBoroondara | DeepdeneBoroondara |
|---|---|---|
| Price & rent | ||
| Median house priceValuer-General Victoria | $2,860,000 (calendar year 2025) | $3,305,000 (calendar year 2025) |
| Median unit price | $819,000 (calendar year 2025) | $1,065,000 (calendar year 2025) |
| Median weekly rentDFFH / Census 2021 | $740/wk | $501/wk |
| Gross rental yieldweekly rent x 52 / house price, before costs | 1.35% | 0.79% |
| People | ||
| PopulationABS Census 2021 | 13,495 | 2,101 |
| SEIFA advantage decile | 8/10 | 10/10 |
| Housing | ||
| Houses | 58% | 66% |
| Townhouses | 26% | 24% |
| Apartments/units | 15% | 9% |
| Transport | ||
| Distance to Melbourne CBD | 10.6 km | 9.1 km |
| Train stations | 0 | 0 |
| Tram stops | 8 | 8 |
| Planning & risk | ||
| Flood overlayVicmap Planning | 4% | 0% |
| Bushfire overlayVicmap Planning | 0% | 0% |
| Heritage overlayVicmap Planning | 4% | 21% |
| Schools (zoned government) | ||
| Primary | Balwyn North Primary School, Balwyn Primary School, Chatham Primary School, Deepdene Primary School, Greythorn Primary School, Mont Albert Primary School | Balwyn Primary School, Deepdene Primary School |
| Secondary | Balwyn High School, Box Hill Senior Secondary College, Camberwell High School, Canterbury Girls Secondary College, Kew High School, Koonung Secondary College | Balwyn High School, Camberwell High School, Canterbury Girls Secondary College, Kew High School, Swinburne Senior Secondary College |
| Safety | ||
| Recorded crime (council area)Crime Statistics Agency Victoria, council-wide | Lower than most areas | Lower than most areas |
Key differences
- Deepdene is higher on median house price (by about 16%).
- Deepdene is higher on median unit price (by about 30%).
- Balwyn is higher on median weekly rent (by about 48%).
- Balwyn is higher on gross rental yield (by about 0.6 percentage points).
- Balwyn is higher on population (by about 542%).
- Deepdene is higher on SEIFA advantage/disadvantage decile (by about 2 deciles).
- Deepdene is higher on heritage overlay share (by about 17 percentage points).
Median house price over time
BalwynDeepdene
The median house price in Balwyn was $2,860,000 in calendar year 2025 (Valuer-General Victoria); the median unit price was $819,000 in calendar year 2025. The median house price in Deepdene was $3,305,000 in calendar year 2025 (Valuer-General Victoria); the median unit price was $1,065,000 in calendar year 2025.