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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 UNIT 13, 6 THAMES ST, BALMAIN, NSW, 2041 Beds1 Bathrooms1 Parking 1 Auction Guide $900,000
Belle Property 45 CURTIS RD, BALMAIN, NSW, 2041 Beds3 Bathrooms2 Auction Guide $2,200,000
Belle Property 104 PALMER ST, BALMAIN, NSW, 2041 Beds3 Bathrooms1 Auction Guide $1,600,000
Belle Property UNIT 111, 22 COLGATE AV, BALMAIN, NSW, 2041 Beds2 Bathrooms2 Parking 1 UNDER CONTRACT
Belle Property UNIT 101, 2-18 BUCHANAN ST, BALMAIN, NSW, 2041 Beds3 Bathrooms2 Parking 1 For Sale $1,490,000
Belle Property 6 SHORT ST, BALMAIN, NSW, 2041 Beds2 Bathrooms1 Auction Guide $1,600,000
Harcourts UNIT 18, 18A ADOLPHUS ST, BALMAIN, NSW, 2041 Beds4 Bathrooms3 Parking 2 Contact Agent
Professionals 18 PASHLEY ST, BALMAIN, NSW, 2041 Beds2 Bathrooms1 AUCTION GUIDE $1,700,000

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

23-10-2024 $1,387,500 147 / 20 BUCHANAN ST
22-10-2024 $710,050 3 / 5 ROSEBERY PL
22-10-2024 $4,300,000 27 ENNIS ST
18-10-2024 $2,260,000 2 / 48 WATERVIEW ST
18-10-2024 $1,612,500 12 EVANS ST
17-10-2024 $2,100,000 32 ROSEBERRY ST
15-10-2024 $302,000 22 / 2 BEATTIE ST
14-10-2024 $3,500,000 16 JACQUES ST
10-10-2024 $2,275,000 27 / 242 DARLING ST
10-10-2024 $730,000 5 / 51 DONNELLY ST
08-10-2024 $1,755,000 41 PHILLIP ST
08-10-2024 $1,950,000 40 CLAYTON ST
08-10-2024 $2,015,000 76 ROSSER ST
04-10-2024 $1,575,000 24 GLASSOP ST
30-09-2024 $1,600,000 9 / 85 PALMER ST
24-09-2024 $6,400,000 13 GOW ST
23-09-2024 $1,425,000 22 GLASSOP ST
19-09-2024 $450,000 8 / 8 THAMES ST
18-09-2024 $1,400,000 9 / 10 GOW ST
17-09-2024 $2,300,000 20 REYNOLDS ST
16-09-2024 $2,300,000 14 HAMPTON ST
12-09-2024 $880,000 5 / 2 HYAM ST
09-09-2024 $1,300,000 55 REYNOLDS ST
09-09-2024 $5,014,000 521 DARLING ST
06-09-2024 $940,000 18 / 7 BIRCHGROVE RD
06-09-2024 $2,250,000 81 ELLIOTT ST
06-09-2024 $862,000 41 / 22 BUCHANAN ST
05-09-2024 $2,510,000 2 / 38 GLASSOP ST
03-09-2024 $1,460,000 102 / 2 BUCHANAN ST
30-08-2024 $1,535,000 49 / 110 REYNOLDS ST
29-08-2024 $5,500,000 29 DARVALL ST
27-08-2024 $8,000,000 452 DARLING ST
23-08-2024 $1,380,000 12 / 100 REYNOLDS ST
23-08-2024 $3,000,000 18 VINCENT ST
23-08-2024 $1,375,000 42 / 1 HYAM ST
20-08-2024 $2,750,000 18 ROWNTREE ST
19-08-2024 $1,000,000 103 / 114 ELLIOTT ST
15-08-2024 $2,208,000 11 SHORT ST
09-08-2024 $872,000 2 / 66 MULLENS ST
02-08-2024 $2,980,000 96 ROSSER ST
01-08-2024 $3,000,000 7 / 102 ELLIOTT ST
01-08-2024 $3,900,000 92 GLASSOP ST
31-07-2024 $3,650,000 15 BRIDGE ST
29-07-2024 $1,175,000 204 / 104 ELLIOTT ST
29-07-2024 $2,290,000 17 HARRIS ST
25-07-2024 $3,635,000 19 WELLS ST
25-07-2024 $2,900,000 31 ROWNTREE ST
22-07-2024 $840,000 3 / 338 DARLING ST
19-07-2024 $1,470,000 27 / 110 REYNOLDS ST
19-07-2024 $1,625,000 90 BEATTIE 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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