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
|
UNIT 3, 75 SMITH ST, BALMAIN, NSW, 2041 |  1 |
 1 |
Auction Guide $750,000 | |
|
|
20 ANN ST, BALMAIN, NSW, 2041 | 3 |
2 |
Auction Guide $2,300,000 | |
|
|
UNIT 134, 71 PALMER ST, BALMAIN, NSW, 2041 | 3 |
2 |
 2 |
Auction Guide $2,200,000 |
|
|
104 PALMER ST, BALMAIN, NSW, 2041 | 3 |
1 |
For Sale $1,750,000 | |
|
|
UNIT 101, 2-18 BUCHANAN ST, BALMAIN, NSW, 2041 | 3 |
2 |
1 |
For Sale $1,490,000 |
|
UNIT 18, 18A ADOLPHUS ST, BALMAIN, NSW, 2041 | 4 |
3 |
2 |
Contact Agent |
|
18 PASHLEY ST, BALMAIN, NSW, 2041 | 2 |
1 |
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
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 | |
|---|---|---|---|---|---|---|---|
| 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
Recently Sold Properties / House Prices
| 07-11-2024 | $1,220,000 | 2 / 43 MONTAGUE ST |
| 31-10-2024 | $1,600,000 | 204 / 114 ELLIOTT ST |
| 30-10-2024 | $2,650,000 | 35 SHORT ST |
| 29-10-2024 | $2,750,000 | 8 PHILLIP ST |
| 29-10-2024 | $2,025,000 | 26 THEODORE ST |
| 29-10-2024 | $3,475,000 | 1 / 2 TROUTON ST |
| 25-10-2024 | $4,575,000 | 25 LAWSON ST |
| 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 |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Balmain - Less than 1 KM
Balmain Wharf, Yeend St - Less than 1 KM
Glebe Island Wharf - Less than 1 KM
John Street Square - Less than 2 KM
White Bay Cruise Terminal - Less than 1 KM
Pirrama Park Wharf - Less than 2 KM
Balmain East Wharf - Less than 2 KM
Balmain West - Less than 2 KM
Cockatoo Island - Less than 2 KM
Birchgrove - Less than 2 KM
General Points of Interest
Skyview Shopping Plaza - Less than 5 KM
Efogi - Less than 10 KM
Pelican - Less than 10 KM
Wombat - Less than 10 KM
Fanny Durack Aquatic Centre - Less than 5 KM
Kogarah Golf Course - Less than 10 KM
Camperdown Fitness - Less than 5 KM
War Memorial - Less than 5 KM
Charles Moore - Less than 5 KM
Woolstores Alexandria Monument - Less than 10 KM
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!