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Balmain
NSW, 2041 - Inner West

Thinking about buying in Balmain? Now could not be a better time, with 7532 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,687,000 with prices in this suburb ranging from $25,000 to $16,693,000. Balmain is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $569.18
Median Monthly Mortgage $4004.82
Median Persons Per Bedroom 0.91
Average Household Size 2.12
Average Age 41.82
Average Income $1564.53
Average Cars Per Dwelling 1.21
Average Properties Within 50M 70

Housing Stock

Average Property Prices

1 Bed  $1,710,000
2 Bed  $2,077,000
3 Bed  $3,306,000
4 Bed  $4,516,000
5 Bed  $6,198,000
6 Bed+$5,092,000

Balmain Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Balmain driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Balmain 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 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 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.

Balmain, Sydney, New South Wales, is a relatively central suburb founded in the early 1800s. Taking its name from Dr William Balmain, who was first given a grant in the area, the suburb rapidly grew throughout the 19th century, rapidly coming to be on of Sydney’s biggest industrial areas. The area’s population was further boosted by the arrival of a train station in Balmain in the 1920s. By the dawn of the 1960s, the blue-collar nature of the region began to ebb as industry in central Sydney waned; the area rapidly became increasingly gentrified and stands today as one of the more sought after areas of the city from a residential viewpoint, due largely to its proximity to the central business district and the stunning waterfronts that serve as its eastern and western borders.

Balmain is an incredibly beautiful suburb located only 2 kilometres from Sydney’s central business district. Commerce and leisure in the suburb are centred around Darling Street, where a slew of hotels, restaurants, cafes and drinking establishments both modern and historic can be found along with many shops and other retail outlets. The picturesque locale of the municipality pairs beautifully with its proximity to central Sydney, coupling the advantages of city life with the beautiful housing style often associated with more rural areas and the stunning views from the shores of the Balmain peninsula; these factors combined with the excellent facilities in Balmain make the region an incredibly appealing place to own property, and its proximity to the city’s heart guarantee further investment and development in the area.

Houses for sale Balmain

Belle Property 18 VINCENT ST, BALMAIN, NSW, 2041 Beds3 Bathrooms2 Parking 2 Price Guide $2,700,000
Belle Property 35 SHORT ST, BALMAIN, NSW, 2041 Beds3 Bathrooms2 Contact Agent
Belle Property 6 SHORT ST, BALMAIN, NSW, 2041 Beds2 Bathrooms1 Contact Agent
Belle Property UNIT 1, 2 TROUTON ST, BALMAIN, NSW, 2041 Beds3 Bathrooms2 Parking 2 Contact Agent
Harcourts UNIT 18, 18A ADOLPHUS ST, BALMAIN, NSW, 2041 Beds4 Bathrooms3 Parking 2 Contact Agent
The Agency 521 DARLING ST, BALMAIN, NSW, 2041 Beds4 Bathrooms2 Parking 2 27th July at 9:00am
The Agency UNIT 5, 2 HYAM ST, BALMAIN, NSW, 2041 Beds1 Bathrooms1 Parking 1 Contact Agent

Local Schools

Balmain Public School

Fr John Therry Catholic Primary School Balmain-Rozelle

Inner Sydney Montessori School

Birchgrove Public School

Sydney Secondary College Balmain Campus

Nicholson Street Public School

Rozelle Public School

Fort Street Public School

Observatory Hill Environmental Education Centre

St Scholastica's College Glebe Point

(While the above schools are located with the suburb of Balmain there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Balmain weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.520.327.652.485.5023.2
Feb4.320.127.054.286.5019.6
Mar6.518.925.954.587.3015.9
Apr5.915.323.551.489.0013.9
May2.612.321.247.584.4011.4
Jun4.610.318.550.385.409.1
Jul2.69.018.243.782.1010.4
Aug2.69.719.739.480.2013.1
Sept1.412.522.437.080.2017.8
Oct2.215.023.742.782.8021.1
Nov3.417.125.349.285.2023.4
Dec2.118.726.449.284.8024.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

19-06-2024 $1,937,000 11 CLAYTON ST
14-06-2024 $1,170,000 203 / 110 ELLIOTT ST
14-06-2024 $1,950,000 466 DARLING ST
14-06-2024 $6,000,000 19 DONNELLY ST
14-06-2024 $4,080,000 37 LLEWELLYN ST
14-06-2024 $2,000,000 34 ROSEBERRY ST
07-06-2024 $1,695,000 99 CURTIS RD
07-06-2024 $1,150,000 319 DARLING ST
31-05-2024 $3,360,000 58 BIRCHGROVE RD
31-05-2024 $1,000,000 12 SUTTON ST
31-05-2024 $3,735,000 3 / 13 EVANS ST
30-05-2024 $2,765,000 38 PASHLEY ST
29-05-2024 $3,115,000 13 HAMPTON ST
29-05-2024 $2,905,000 23 HIGH ST
28-05-2024 $860,000 10 / 42 ARTHUR ST
27-05-2024 $3,750,000 12 STEWART ST
24-05-2024 $1,551,000 37 / 110 REYNOLDS ST
24-05-2024 $2,550,000 24 / 1 GRAFTON ST
24-05-2024 $1,950,000 21 PASHLEY ST
23-05-2024 $2,285,000 4 TOBRUK AVE
22-05-2024 $460,000 7 / 338 DARLING ST
22-05-2024 $2,827,000 6 FOY ST
21-05-2024 $875,000 12 / 42 ARTHUR ST
21-05-2024 $2,250,000 19 ROSEBERRY ST
20-05-2024 $3,500,000 75 MORT ST
20-05-2024 $2,495,000 409 / 22 COLGATE AVE
17-05-2024 $4,910,000 401 / 114 ELLIOTT ST
16-05-2024 $2,130,000 22 ARTHUR ST
16-05-2024 $608,000 12 / 1 KING ST
16-05-2024 $2,300,000 19 GLADSTONE ST
15-05-2024 $2,700,000 2 / 1 PHOEBE ST
14-05-2024 $3,000,000 8 HAMPTON ST
14-05-2024 $2,660,000 29 CLAYTON ST
14-05-2024 $3,900,000 3 GLASSOP ST
14-05-2024 $1,920,000 7 REYNOLDS ST
09-05-2024 $1,085,000 102 / 100 ELLIOTT ST
09-05-2024 $2,105,000 13 / 13 EVANS ST
09-05-2024 $1,975,000 155 BEATTIE ST
08-05-2024 $1,020,000 5 / 15 KING ST
08-05-2024 $3,405,000 5 LAWSON ST
08-05-2024 $1,700,000 7 CLAY ST
08-05-2024 $1,900,000 6 THEODORE ST
07-05-2024 $1,080,000 5 / 9 LONGVIEW ST
06-05-2024 $2,900,000 8 SHORT ST
03-05-2024 $2,865,000 1 / 33 MULLENS ST
02-05-2024 $2,335,000 4 / 13 EVANS ST
29-04-2024 $2,150,000 25 MACQUARIE TCE
26-04-2024 $4,650,000 13 STEWART ST
23-04-2024 $2,200,000 7 BEATTIE ST
22-04-2024 $2,875,000 10 LAWSON ST

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

BirchgroveRozelleBalmain EastPyrmontBarangarooWoolwichLilyfieldMillers PointGlebeDawes Point

Public Transport


General Points of Interest

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