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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 $2,382,500 and this has changed 1.38% over the past year and changed -0.73% over 2 years.

The median rent in Balmain for houses is $1,100 per week and the median rental yield is 2.40%. Stock on the market for houses/townhouses has changed -22.22% compared to last year and the average time to sell a house/townhouse is 31 days.The median listing price for units is $1,275,000 and this has changed 30.76% over the past year. The average unit takes 58 days to sell and the median rent for a unit in Balmain is $725 per week, producing a rental yield of 2.95%.

Supply & Demand in Balmain, Inner West

1.20%

Current vacancy rate


64

Rental stock available


10,449

Population


36.36%

Rental population


1.41%

Current vacancy rate


1,262

Rental stock available


182,038

Population


37.82%

Rental population


1.02%

Current vacancy rate


37,030

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 $2,382,500 NA $1,275,000
Median price change - last quarter 2.47% NA -1.93%
Median price change - 1 year 1.38% NA 30.76%
Median price change - 2 years -0.73% NA 8.51%
  House Townhouses Units
Median weekly rent $1,100 $1,100 $725
Median yield % 2.40% NA 2.95%
Median rent change - 1 year 4.76% 10.00% -3.34%
  House Units
Previous month sales 19 7
Stock on market previous month 28 14
Stock variance vs. last year -22.22% 0.00%
Average days on market 31 58

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