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Investment Property Balmain, NSW, 2041

Suburb Snapshot

Balmain is a suburb in the Inner West Region of New South Wales. Balmain has a population of 10,449 people and 36.36% of its occupants live in rental accommodation. The median listing price for houses is $2,395,000 and this has changed 3.01% over the past year and changed -0.21% over 2 years.

The median rent in Balmain for houses is $1,100 per week and the median rental yield is 2.38%. Stock on the market for houses/townhouses has changed -38.10% compared to last year and the average time to sell a house/townhouse is 34 days.The median listing price for units is $1,300,000 and this has changed 33.19% over the past year. The average unit takes 63 days to sell and the median rent for a unit in Balmain is $725 per week, producing a rental yield of 2.90%.

Supply & Demand in Balmain, Inner West

1.25%

Current vacancy rate


67

Rental stock available


10,449

Population


36.36%

Rental population


1.43%

Current vacancy rate


1,284

Rental stock available


182,038

Population


37.82%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Balmain, Inner West

  House Townhouses Units
Median listing price $2,395,000 NA $1,300,000
Median price change - last quarter 2.47% NA -1.93%
Median price change - 1 year 3.01% NA 33.19%
Median price change - 2 years -0.21% NA 13.04%
  House Townhouses Units
Median weekly rent $1,100 $1,100 $725
Median yield % 2.38% NA 2.90%
Median rent change - 1 year 4.76% 0.00% -0.69%
  House Units
Previous month sales 8 4
Stock on market previous month 13 10
Stock variance vs. last year -38.10% -28.57%
Average days on market 34 63

Balmain investment property listings

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