Real Estate Balmain NSW 2041

Real Estate Market: Is Balmain NSW 2041 a Good Suburb to Buy Into?

Housing Market in Balmain

Key Balmain Metrics & Forecast to 2028

Sources: Property Listings, TORREN and Microburbs, 2002 - 2023

Field	Value	VS Sydney	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$1,150	Top 2%	114% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Balmain

Balmain Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS, BASIX and Microburbs, 2002 - 2031

Balmain

38.3%

Sydney

33.9%

Compare
Suburbs

Field	Value	VS Sydney	Trend
Development applications	621	Top 8%	91% to Jun 2025
Developments	2.4	Top 46%	Data for Jul 2023
Housing Stock Quality Indicator	96.5	Top 1%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
New Dwellings	20	Top 26%	31% to Dec 2020
Number of Subdivisions	2 lots	Bottom 16%	81% to Jun 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Proportion of subdividable properties	Premium	Premium	Premium
Stock on Market	29	Top 5%	to Feb 2025

Housing Stock Quality in Balmain

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings, BASIX and Microburbs, 2006 - 2023

Field	Value	VS Sydney	Trend
Houses	21.9%	Bottom 1%	25% to Jan 2021
Average bedrooms - all homes	2.2	Bottom 26%	Data for Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023
Median land to asset ratio	Premium	Premium	Premium

Development Restrictions in Balmain

Balmain Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Balmain

36.5%

Sydney

39.0%

Compare
Suburbs

Field	Value	VS Sydney	Trend
Total area	1.6 sq km	Bottom 17%	Data for Jan 2021
Average floor space ratio (zoning)	0.65	Bottom 48%	Data for Feb 2023
Environmental conservation area proportion	0.0%	Bottom 31%	Data for Jun 2023
Heritage sites	277	Top 1%	Data for Jun 2023
Residential density	122 sqm per resident	Bottom 1%	Data for Jan 2021

Risk in Balmain

Balmain Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Balmain

67.2%

Sydney

64.0%

Compare
Suburbs

Field	Value	VS Sydney	Trend
% Owner Occupied	69.4%	Bottom 6%	Data for May 2023
% Rentals	30.6%	Top 6%	Data for May 2023
Housing Affordability Index	56	Top 9%	Data for Jun 2023
Median monthly mortgage	$3,940	Top 4%	27% to May 2023
Rent Affordability Index (Houses)	78	Bottom 49%	Data for Jun 2023
Rent Affordability Index (Units)	83	Top 11%	Data for Jun 2023
Mortgage as a percent of income	30.2%	Top 15%	11% to Jan 2021
Mortgaged Dwellings	31.6%	Bottom 30%	12% to May 2023

Housing Demand in Balmain

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Balmain

87.8%

Sydney

87.0%

Compare
Suburbs

Field	Value	VS Sydney	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	17900	Top 25%	21% to Dec 2041
Historical Population (SA3)	57400	Bottom 41%	14% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	236000	Top 5%	41% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Balmain

Balmain Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Sydney	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$852	Top 1%	124% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	55.7%	Bottom 16%	21% to Mar 2025

Median House Rental Prices by Street (47)

Level_0	Street	Date	Median rent (per week)
83993	Evans St	13 Mar 2025	$1,038
83996	Ewenton St	13 Mar 2025	$1,075
84014	Foy St	13 Mar 2025	$1,125
83959	Davidson St	13 Mar 2025	$900
83954	Darling St	13 Mar 2025	$1,100

Realtors (16)

Headline	Place	Datetime
Ace Body Corporate Management	127/ 85 Reynolds St
Ace Body Corporate Management (Head Office)	127/ 85 Reynolds St
Ace North Shore	Unit 127 85 Reynolds St
Belle Property Balmain	392 Darling St
BresicWhitney Balmain	2-8 Curtis Rd

Accommodation Options (4)

Headline	Place	Datetime
Balmain Lodge	Darling St
Dry Dock Hotel The	90 College St (Cnr Cameron St)
L J Hooker Balmain	201 Darling St

LGA Details (1)

Headline	Place	Datetime
Local government area	Inner West

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$1,440,000	Elliott St
10 May 2024	$1,850,000	Gow St
10 May 2024	$805,000	Arthur St
10 May 2024	$1,390,000	Batty St
10 May 2024	$1,205,000	Colgate Ave

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Reynolds St	10 May 2024	$2,478,000
Waterview St	10 May 2024	$2,875,000
Wisbeach St	10 May 2024	$1,720,000
Rowntree St	10 May 2024	$2,600,000
Roseberry St	10 May 2024	$2,562,000

Businesses (99)

Name	Address
Ganellen	30 Montague St, Balmain NSW 2041, Australia
Sydney Builders Group	92/24 Buchanan St, Balmain NSW 2041, Australia
Econstruction	399 Darling St, Balmain NSW 2041, Australia
SQ Projects	2 Hoffmans Ln, Balmain NSW 2041, Australia
Taylor Building Industries (Residential & Commercial Builders)	1/348 Darling St, Balmain NSW 2041, Australia

Percent of Renters by Street (100)

Percent of Renters	Street
25.0%	Addison St
36.6%	Adolphus St
0.0%	Alexander St
57.1%	Ann St
50.4%	Arthur St

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
68.4%	Hyam St	average turnover	Every 14.6 years (average turnover)	2025
72.3%	Palmer St	average turnover	Every 13.8 years (average turnover)	2025
75.2%	Darling St	average turnover	Every 13.3 years (average turnover)	2025
64.2%	Birchgrove Rd	quite tightly held	Every 15.6 years (quite tightly held)	2025
70.6%	Roseberry St	average turnover	Every 14.2 years (average turnover)	2025

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
37 Waterview St	$2,165,000	3.0	1.0	0.0	10 Mar 2025	On Market
39 Mullens St	Price Withheld	3.0	1.0	0.0	07 Mar 2025	On Market
16 Reynolds Ave	Price Withheld	2.0	2.0	2.0	06 Mar 2025	On Market
30 Church St	Price Withheld	3.0	2.0	0.0	06 Mar 2025	On Market
36 Clayton St	$2,775,000	3.0	2.0	0.0	05 Mar 2025	On Market

Planning Applications: Other (29)

Headline	Place	Date
Alterations and additions to an existing semi-detached dwelling, including partial demolition of existing structures and rear garage and terrace area over at rear of site, and an attic level addition - Inner West Council DA/2025/0090	410 Darling Street Balmain NSW 2041	04 Mar 2025
Change of use of first floor to office premises - Inner West Council DA/2025/0057	14 Mullens Street Balmain NSW 2041	19 Feb 2025
Liquor licence transfer - with licensee consent - on premises - NSW Independent Liquor and Gaming Authority SR0001358906	360 Darling St, Balmain NSW 2041	04 Feb 2025
Alterations and additions to a restaurant, including construction of a pergola and awning and modifications to operations of the servicing for the premise - Inner West Council DA/2025/0014	79 Elliott Street Balmain NSW 2041	16 Jan 2025
Alterations and additions to an existing dwelling, including partial demolition of existing structures, internal and external alterations to the ground, first and second floor, new swimming pool, construction of a garage with a gym and associated landscaping works - Inner West Council DA/2024/1042	6 Broderick Street Balmain NSW 2041	10 Dec 2024

Planning Applications: Dwellings (70)

Headline	Place	Date
Alterations and additions to an existing semi-detached dwelling, including partial demolition of existing structures and rear garage and terrace area over at rear of site, and an attic level addition - Inner West Council DA/2025/0090	410 Darling Street Balmain NSW 2041	04 Mar 2025
Alterations and additions to an existing attached dwelling, including partial demolition of existing structures and construction of ground floor and attic level additions. - Inner West Council DA/2025/0041	6 Harris Street Balmain NSW 2041	11 Feb 2025
Alterations and additions to an existing detached dwelling house, including partial demolition of existing structures, construction of ground floor and first floor addition, and ancillary works - Inner West Council DA/2025/0044	19 Donnelly Street Balmain NSW 2041	05 Feb 2025
Construction of a hardstand parking space and driveway in the front setback - Inner West Council DA/2025/0017	67 Elliott Street Balmain NSW 2041	22 Jan 2025
Alterations and additions to an existing detached dwelling, including partial demolition of existing structures, construction of ground, first floor addition and ancillary works - Inner West Council DA/2025/0016	402 Darling Street Balmain NSW 2041	22 Jan 2025

Planning Applications: Industrial (1)

Headline	Place	Date
Alterations and additions to the existing warehouse building, including demolition of the rear sheds and construction of new double storey office addition to rear of site, with related landscaping and remediation of the site - Inner West Council DA/2024/0393	21 Mullens Street Balmain NSW 2041	23 May 2024

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
21-23 Palmer St	$375	1.0	1.0	0.0	05 Mar 2025
Unit 65, 24 Buchanan St	$1,000	2.0	2.0	1.0	27 Feb 2025
Unit 65, 24 Buchanan St	$1,000	2.0	2.0	1.0	27 Feb 2025
Unit 65, 24 Buchanan St	$1,000	2.0	2.0	1.0	27 Feb 2025
Unit 65, 24 Buchanan St	$1,000	2.0	2.0	1.0	27 Feb 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
4 Waterview St	$1,550	3	2	0	06 Mar 2025
24 Mort St	$2,400	4	2	1	05 Mar 2025
24 Mort St	$2,400	4	2	1	05 Mar 2025
24 Mort St	$2,400	4	2	1	05 Mar 2025
4 Waterview St	$1,550	3	2	0	04 Mar 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 3, 75 Smith St	$650,000	1.0	1.0	0.0	07 Mar 2025	On Market
Unit 3, 75 Smith St	$650,000	1.0	1.0	0.0	07 Mar 2025	On Market
Unit 113, 85 Reynolds St	Price Withheld	2.0	2.0	1.0	05 Mar 2025	On Market
Unit 113, 85 Reynolds St	Price Withheld	2.0	2.0	1.0	05 Mar 2025	On Market
Unit 113, 85 Reynolds St	Price Withheld	2.0	2.0	1.0	05 Mar 2025	On Market

Leaflet

Expand ↗️

Loading Choropleth Data

Min Max

Subscribe to see the timeline. See samples: