Thinking about buying in Balmain East? Now could not be a better time, with 1261 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,268,000 with prices in this suburb ranging from $321,000 to $24,134,000. Balmain East is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $575.00 |
Median Monthly Mortgage | $4096.00 |
Median Persons Per Bedroom | 0.87 |
Average Household Size | 2.17 |
Average Age | 46.50 |
Average Income | $1453.00 |
Average Cars Per Dwelling | 1.26 |
Average Properties Within 50M | 43 |
1 Bed  $2,561,000 |
2 Bed  $2,058,000 |
3 Bed  $3,870,000 |
4 Bed  $5,366,000 |
5 Bed  $6,806,000 |
6 Bed+$8,126,000 |
Consistent high demand relative to supply is a key feature in Balmain East driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Balmain East ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Balmain East classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Balmain East requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
UNIT 7, 16-18 NICHOLSON ST, BALMAIN EAST, NSW, 2041 | 1 | 1 | For Sale $875,000 | ||
5A LITTLE EDWARD ST, BALMAIN EAST, NSW, 2041 | 4 | 3 | 1 | 6500000 |
Nicholson Street Public School
Inner Sydney Montessori School
Fr John Therry Catholic Primary School Balmain-Rozelle
Balmain Public School
Fort Street Public School
Observatory Hill Environmental Education Centre
Birchgrove Public School
Macquarie Grammar School
Conservatorium High School
Sydney Secondary College Balmain Campus
(While the above schools are located with the suburb of Balmain East there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.5 | 20.3 | 27.6 | 52.4 | 85.5 | 0 | 23.2 |
Feb | 4.3 | 20.1 | 27.0 | 54.2 | 86.5 | 0 | 19.6 |
Mar | 6.5 | 18.9 | 25.9 | 54.5 | 87.3 | 0 | 15.9 |
Apr | 5.9 | 15.3 | 23.5 | 51.4 | 89.0 | 0 | 13.9 |
May | 2.6 | 12.3 | 21.2 | 47.5 | 84.4 | 0 | 11.4 |
Jun | 4.6 | 10.3 | 18.5 | 50.3 | 85.4 | 0 | 9.1 |
Jul | 2.6 | 9.0 | 18.2 | 43.7 | 82.1 | 0 | 10.4 |
Aug | 2.6 | 9.7 | 19.7 | 39.4 | 80.2 | 0 | 13.1 |
Sept | 1.4 | 12.5 | 22.4 | 37.0 | 80.2 | 0 | 17.8 |
Oct | 2.2 | 15.0 | 23.7 | 42.7 | 82.8 | 0 | 21.1 |
Nov | 3.4 | 17.1 | 25.3 | 49.2 | 85.2 | 0 | 23.4 |
Dec | 2.1 | 18.7 | 26.4 | 49.2 | 84.8 | 0 | 24.4 |
source: Australian Government Bureau of Meteorology
18-10-2024 | $2,060,000 | 2 / 9 NICHOLSON ST |
09-10-2024 | $970,000 | 3 / 2 PEARSON ST |
08-10-2024 | $1,918,000 | 10 / 41 DARLING ST |
13-09-2024 | $1,750,000 | 8 / 16 HOSKING ST |
13-09-2024 | $1,880,000 | 53 DARLING ST |
06-09-2024 | $15,600,000 | 5 SIMMONS ST |
28-08-2024 | $1,000,000 | 19 DATCHETT ST |
20-08-2024 | $5,400,000 | 6 SIMMONS ST |
05-07-2024 | $1,850,000 | 13 / 5 GALLIMORE AVE |
05-06-2024 | $1,450,000 | 14 DATCHETT ST |
28-05-2024 | $2,300,000 | 54 DARLING ST |
13-05-2024 | $2,900,000 | 18 / 14 HOSKING ST |
13-05-2024 | $3,500,000 | 5 THE AVENUE |
06-05-2024 | $2,100,000 | 2 / 14 HOSKING ST |
15-04-2024 | $1,960,000 | 15 DUKE ST |
15-04-2024 | $2,300,000 | 2 UNION ST |
08-04-2024 | $1,840,000 | 15 / 5 GALLIMORE AVE |
25-03-2024 | $2,900,000 | 14 DARLING ST |
18-01-2024 | $6,723,000 | 22 GALLIMORE AVE |
12-01-2024 | $1,810,000 | 8 / 41 DARLING ST |
22-12-2023 | $940,000 | 26 / 2 PEARSON ST |
01-12-2023 | $2,650,000 | 3 JOHNSTON ST |
24-11-2023 | $6,700,000 | 18 JOHNSTON ST |
03-11-2023 | $3,250,000 | 3 WESTON ST |
26-10-2023 | $1,200,000 | 80 DARLING ST |
09-10-2023 | $1,145,000 | 25 / 16 HOSKING ST |
27-09-2023 | $1,000,000 | 19 DATCHETT ST |
25-09-2023 | $930,000 | 3 / 16 HOSKING ST |
11-09-2023 | $4,100,000 | 7 HART ST |
28-08-2023 | $2,265,000 | 32 / 5 GALLIMORE AVE |
25-08-2023 | $2,475,000 | 17 / 9 NICHOLSON ST |
27-07-2023 | $1,100,000 | 3 / 2 PEARSON ST |
17-07-2023 | $4,300,000 | 33 NICHOLSON ST |
16-06-2023 | $3,820,000 | 127 DARLING ST |
14-06-2023 | $1,940,000 | 26 THE AVENUE |
01-05-2023 | $1,305,000 | 23 / 16 HOSKING ST |
26-04-2023 | $620,000 | 1 / 15 JOHNSTON ST |
19-04-2023 | $3,680,000 | 3 NICHOLSON ST |
22-03-2023 | $3,100,000 | 1 WESTON ST |
17-03-2023 | $4,850,000 | 59 DARLING ST |
22-02-2023 | $990,000 | 13 / 16 HOSKING ST |
03-02-2023 | $1,825,000 | 11 DATCHETT ST |
31-01-2023 | $4,500,000 | 4 STACK ST |
27-01-2023 | $2,451,000 | 14 / 5 GALLIMORE AVE |
24-01-2023 | $3,495,000 | 3 HART ST |
16-01-2023 | $2,200,000 | 121 DARLING ST |
13-01-2023 | $2,750,000 | 13 PAUL ST |
09-01-2023 | $1,740,000 | 1 / 125 DARLING ST |
09-12-2022 | $9,200,000 | 12 WILLIAM ST |
05-12-2022 | $2,750,000 | 25 DUKE ST |
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