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More recently, since the 1990s, Balwyn has been experiencing a property boom. Median house prices in the area are some of the highest in Melbourne and continue to climb. Factors associated with this include its historically wealthy population, plentiful greenery and proximity to government and private schools in the area. The associated construction of townhouses and large 'McMansion' dwellings has caused significant controversy in the area as older housing stock is demolished or altered.<ref>Walker, T. ''Balwyn High School in Melbourne sparks property boom as parents fight to get in''. 24 February 2016. Domain. http://web.archive.org/web/20160401232204/http://www.domain.com.au/news/balwyn-high-school-in-melbourne-sparks-property-boom-as-parents-fight-to-get-in-20160227-gn54kn, accessed: 2 February 2017 <small>(archived from the original)</small></ref><ref>Hughes, Duncan. ''A record 800 'historic' houses being demolished every week in Australia''. 5 May 2016. Australian Financial Review. http://web.archive.org/web/20160715232125/http://www.afr.com/real-estate/a-record-800-historic-houses-being-demolished-every-week-20160502-goklne, accessed: 2 February 2017 <small>(archived from the original)</small></ref> | More recently, since the 1990s, Balwyn has been experiencing a property boom. Median house prices in the area are some of the highest in Melbourne and continue to climb. Factors associated with this include its historically wealthy population, plentiful greenery and proximity to government and private schools in the area. The associated construction of townhouses and large 'McMansion' dwellings has caused significant controversy in the area as older housing stock is demolished or altered.<ref>Walker, T. ''Balwyn High School in Melbourne sparks property boom as parents fight to get in''. 24 February 2016. Domain. http://web.archive.org/web/20160401232204/http://www.domain.com.au/news/balwyn-high-school-in-melbourne-sparks-property-boom-as-parents-fight-to-get-in-20160227-gn54kn, accessed: 2 February 2017 <small>(archived from the original)</small></ref><ref>Hughes, Duncan. ''A record 800 'historic' houses being demolished every week in Australia''. 5 May 2016. Australian Financial Review. http://web.archive.org/web/20160715232125/http://www.afr.com/real-estate/a-record-800-historic-houses-being-demolished-every-week-20160502-goklne, accessed: 2 February 2017 <small>(archived from the original)</small></ref> | ||
== Geography == | |||
Located in Melbourne's east, Balwyn typically features [[wikipedia:Silurian|Silurian siltsoil]].<ref>Geological Survey of Victoria. ''Know Thy Soils - Melbourne and Suburbs'' http://www.mysmartgarden.org.au/en/Resources/Food/Know-thy-soils.aspx, accessed: 3 February 2017</ref>. This attribute accounts for the high proportion of fruit agriculture that occurred early in Boroondara's history, especially in the north-eastern reaches. Some former creekbeds, such as [[W Creek]] and [[Glass Creek]], provide more alluvial soil in certain areas. | |||
== Education == | The topography of Balwyn is hilly, generally sloping upwards from west to east up to its highest point at [[Beckett Park]]. Consistent with the planning of roads at the time of European settlement, many main roads, such as [[Whitehorse Road|Whitehorse]] and [[Mont Albert Road|Mont Albert]] Roads follow the ridgelines of hills. [[Fintona Girls' School]] also sits on top of a high point in the suburb.<ref>OpenStreetMap. ''OpenTopoMap''. 2017. https://opentopomap.org/#map=15/-37.81155/145.08541, accessed: 3 February 2017</ref> | ||
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== Notable residents == --> | == Notable residents == --> |