Balwyn

VIC 3103

Balwyn is an eastern Melbourne suburb in the City of Boroondara, about 11 kilometres from the Melbourne CBD. Whitehorse Road and Balwyn Road form the main local trading strip around their intersection, with the Maranoa Botanic Gardens providing a notable landmark nearby. The suburb is otherwise largely residential, with sealed footpaths and local cycling routes.

Balwyn's office and consulting market includes office suites and floors, medical or consulting suites and shopfronts in the neighbourhood centre. Canterbury, Surrey Hills and Mont Albert are nearby comparisons.

12

Active lease listings

commercial properties

$45,000

Median annual rent

asking rent across all listings

180

Median days on market

across all active listings

Lease rate trend

$421/m² p.a.

Median advertised rate

Up 20.1%

Change over 12 months

$372202420252026$431$313Jan 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in Balwyn. Drill down to individual listings in MarketBuddy

Listings by sector

7

Offices

active lease listings

3

Medical / Consulting

active lease listings

2

Retail and Shops

active lease listings

Want to know more?

Explore commercial property insights for Balwyn in MarketBuddy.

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Last updated 5 September 2026