Balmain, NSW
FAIR VALUE12,565 sales · 36 years of data · NSW, Australia
Balmain, NSW Property Market Overview
Balmain, postcode 2041, is a highly sought-after suburb located in Sydney, New South Wales, offering a blend of historical charm and modern living. With 36 years of recorded property market data, our analysis encompasses a substantial 12,565 total sales, providing a robust understanding of the area's performance.
Balmain's property landscape is diverse, reflected in its current median price of $2,292,500 across all property types. Houses command a median of $3,000,000, while apartments sit at a median of $1,410,000. This price variation caters to a range of buyers, from families seeking larger homes to individuals and couples opting for apartment living. Balmain's enduring appeal is evident in its consistent growth over the long term.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Balmain
Top streets in Balmain, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Bradford St | $3,000,000 |
| 2 | Rowntree St | $2,750,000 |
| 3 | Roseberry St | $2,547,500 |
| 4 | Darling St | $3,275,000 |
... and 206 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Fitzroy Ave | $23,521/m² |
| 2 | Church St | $24,631/m² |
| 3 | St Andrew St | $19,830/m² |
| 4 | Rowntree St | $20,708/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Roseberry St | +7.9% |
| 2 | Mort St | +8.6% |
| 3 | Bradford St | +8.6% |
| 4 | Glassop St | +6.8% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 110 Elliott St | $1,190,000 |
| 2 | 114 Elliott St | $2,825,000 |
| 3 | 22 Colgate Ave | $1,890,000 |
| 4 | 100 Reynolds St | $2,150,000 |
... and 205 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Balmain analysis
210 streets and 209 buildings to explore
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Balmain at a Glance
Balmain, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Balmain, NSW
Balmain offers a vibrant and appealing lifestyle for its residents. With its proximity to the city and stunning harbour views, it's easy to see why Balmain is so popular. The suburb is home to several excellent schools, including Balmain Public School and Balmain Secondary College, making it an attractive location for families.
Residents enjoy easy access to a range of amenities, including local shops, cafes, and restaurants along Darling Street. Parks like Elkington Park and Birchgrove Park provide green spaces for recreation and relaxation. Getting around is easy with regular bus services and ferry connections to the city from Balmain Wharf. The suburb has a strong community feel, with regular events and festivals contributing to its unique character. Balmain’s blend of historical charm and modern convenience makes it a highly desirable place to live.
Who Buys in Balmain?
Balmain attracts a diverse range of buyers, including families, professionals, and downsizers. The suburb's excellent schools and parks make it a popular choice for families seeking a family-friendly environment. Professionals are drawn to Balmain's proximity to the city and its vibrant lifestyle. The 28.6% strata percentage indicates a significant proportion of apartment living, which appeals to both investors and downsizers seeking low-maintenance properties.
While the median property prices in Balmain are relatively high, the suburb's consistent growth and desirable lifestyle continue to attract buyers willing to invest in the area. The 4.6% 10-year CAGR suggests that properties in Balmain have historically provided solid returns, further enhancing its appeal to a wide range of buyers.
Market Analysis
Currently, the Balmain property market is assessed as being near its long-term trend, indicating fair value. This suggests that, as of early 2026, property prices are neither significantly overvalued nor undervalued relative to their historical performance. The cycle position reflects a market that is behaving predictably based on past trends.
For those considering the Balmain market, understanding its position within the property cycle is crucial. A market near its long-term trend implies a period of relative stability, where price fluctuations are likely to be less volatile compared to periods of rapid growth or decline. This can provide a degree of confidence for both buyers and sellers.
Is Balmain a Good Investment?
Balmain's property market has demonstrated consistent growth over the long term, with a 20-year CAGR of 5.9% and a full-period CAGR of 4.6%. These figures highlight the suburb's enduring appeal and its ability to maintain its value over time. The current cycle position, assessed as being near its long-term trend (fair value), suggests that the market is behaving predictably based on historical patterns.
What drives property values in Balmain? Several factors contribute to its desirability, including its prime location, excellent schools, vibrant lifestyle, and strong community feel. The suburb's proximity to the city, coupled with its unique character and stunning harbour views, makes it a highly sought-after location. As of early 2026, the Balmain property market presents a stable and predictable environment, underpinned by its historical growth and desirable lifestyle.
Balmain Market Outlook
As of early 2026, the Balmain property market is currently assessed as being near its long-term trend, indicating fair value. This suggests that the market is behaving in line with its historical performance. Recent price trends have been relatively stable, reflecting the suburb's consistent appeal and strong underlying demand.
While market conditions can change, Balmain's enduring desirability and strong fundamentals suggest that it will continue to be a sought-after location for both buyers and renters. The suburb's unique character, excellent amenities, and proximity to the city contribute to its long-term stability and appeal.
Streets & Location in Balmain, NSW
Balmain, postcode 2041, boasts a prime location with a unique character reflected in its diverse streetscapes. While full street-level data is exclusive to our premium subscribers, publicly available data indicates that Glassop St, Llewellyn St, and Bradford St are among the streets with higher median property prices in Balmain. These streets contribute to the overall desirability and value of the suburb.
With a total of 210 streets, Balmain offers a variety of residential options, each with its own distinct appeal. The location of Balmain, close to the city yet retaining a village atmosphere, continues to drive demand and contribute to its property values.
Market Dynamics
The Balmain property market demonstrates a steady transaction pace, with properties typically taking an average of 59 days to settle. This timeframe indicates a reasonably efficient market, where properties are being bought and sold within a standard period. Data on quick-flips is currently unavailable, but the average settlement days provide insight into the market's liquidity.
The 59-day settlement period suggests that both buyers and sellers in Balmain are generally well-prepared and able to complete transactions efficiently. This contributes to the overall stability and predictability of the Balmain property market.
Development & Density
Balmain features a mix of housing types, with a blend of traditional houses and modern apartment buildings. There are 209 apartment buildings in Balmain, reflecting a trend towards higher-density living in certain areas. The presence of these apartment buildings caters to a range of residents, from young professionals to downsizers seeking low-maintenance living.
The balance between houses and apartments contributes to the overall diversity of the Balmain property market. While the suburb retains its historical charm, the development of apartment buildings provides additional housing options and caters to changing lifestyle preferences.
Growth & Property Mix
Over the past decade, Balmain has demonstrated a Compound Annual Growth Rate (CAGR) of 4.6%, while the 20-year CAGR stands at 5.9%. Considering the entire 36-year data period, the CAGR is 4.6%. These figures highlight Balmain's consistent growth over various timeframes. The suburb's property mix includes a significant proportion of apartments, with strata properties accounting for 28.6% of the total market, reflecting a balance between houses and apartment living.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.