NSW · 2041

Balmain

Suburb profile, market snapshot and recent listings for Balmain, NSW 2041.

Balmain, NSW 2041

About Balmain

Welcome to Balmain

Balmain sits on a finger of harbourside land about five kilometres west of the Sydney CBD, wrapped by water on three sides and connected to the city by ferry, bus and the Anzac Bridge. It's one of Sydney's original working-class enclaves turned inner-west favourite, prized for its sandstone terraces, tucked-away parks and a main street that still feels like a village high street rather than a shopping mall.

These days Balmain suits people who want harbour-city living without the high-rise: professionals who ferry into the CBD, families drawn to the local public schools, and long-time residents who've watched the old wharves and warehouses give way to cafes and boutiques. With a population of 10,454 and a median age of 42, it's an established, settled community rather than a transient rental strip, though there's plenty of rental stock for those not ready to buy in.

Lifestyle & dining

Darling Street is the spine of Balmain life, running the length of the peninsula and lined with pubs, delis, bookshops and restaurants that range from long-standing local institutions to newer openings. Weekends often revolve around the Balmain Market at the historic church grounds, a coffee on Darling Street, or a wander down to the water at Balmain East for views back towards the city skyline.

The suburb's pubs are part of its identity, several dating back to the shipbuilding era, and there's a strong walking culture thanks to the compact peninsula layout. Neighbouring Rozelle and Birchgrove add to the local dining and café scene, so residents rarely need to leave the immediate area for a good meal.

Shopping

Beyond the everyday convenience of Darling Street's grocers, bakeries and specialty stores, Balmain has a good spread of independent boutiques and homewares shops that reward a slow browse rather than a quick errand. For bigger shopping trips, Broadway and the Glebe/CBD retail precincts are a short drive or bus ride away, giving residents easy access to larger centres without the suburb itself feeling over-commercialised.

Getting around

Balmain has no train line of its own, which is part of what keeps it quiet, but it's well served by the F3 ferry service linking Balmain East, Balmain and Elliott Street wharves to Barangaroo and Circular Quay, a popular option for the CBD commute. Bus routes run along Darling Street and connect through to the city and to Rozelle and Leichhardt, while the Anzac Bridge provides a direct road link into the CBD and onward to the M4 and Sydney's west.

It's a genuinely walkable suburb, with many residents getting around on foot or by bike, and the lack of through-traffic on much of the peninsula is a drawcard for those tired of arterial roads.

Schools & families

Families are well catered for locally, with Balmain Public School and Birchgrove Public School both serving the area, alongside Fr John Therry Catholic Primary School Balmain-Rozelle for the Catholic system. The Inner Sydney Montessori School offers an alternative early-education option nearby. High schoolers typically head to nearby inner-west selective and comprehensive schools, and the suburb's parks and harbour foreshore give younger families plenty of outdoor space close to home.

Parks & recreation

Balmain's foreshore reserves, including spots around Elkington Park and the harbour pools, are a major part of the appeal, offering swimming, picnic spots and water views without leaving the suburb. The peninsula's geography means there's a park or a piece of foreshore within walking distance of almost every home, and the walk around to Balmain East or up towards Birchgrove takes in some of the best harbour glimpses in the inner west.

The property market

Balmain's housing stock still leans heavily towards its heritage roots, with houses making up 60% of current listings, apartments and units 32%, townhouses 5% and land 1%, reflecting the suburb's mix of Victorian and Federation terraces alongside more recent low-rise developments. The median house price sits at $2.89 million, with units considerably more accessible at a median of $1.48 million, and median rent across the suburb is $1,350 per week.

House prices have grown 17.8% recently, a strong result that underlines Balmain's enduring appeal as a tightly held, harbourside inner-west address. With limited land available for new development and demand consistently high from buyers wanting proximity to the city and the water, competition for well-located terraces and semis in particular remains firm, while the unit market offers a comparatively more attainable entry point into the suburb.

Market snapshot

Balmain property market

Median price ranks #57 of 3,797 suburbs · pricier than 99%
Type
Bedrooms

Median sale price

$2.89m

House · 3 bed

Median rent

$1,350

per week

Gross rental yield

2.4%

annual rent ÷ sale price

Typical price range

Entry

$2.10m

Median

$2.89m

Premium

$4.26m

Days on market

44

Auction clearance

62%

Sold this year

64

Median sold price trend · House 3 bed

Compound growth +2.8% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Balmain by dwelling type.

House61%
Apartment / Unit31%
Townhouse5%
Land1%
Other1%

Who lives here

Demographics

ABS Census 2021 figures for Balmain, NSW 2041.

Population

10,454

residents (2021)

Median age

42

years

Household income

$3,039

median, per week

Median rent

$625

per week

Median mortgage

$3,986

per month

Mortgage / income

30%

stretched (>30%)

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Balmain

Government school catchment

Balmain Public School

K-6CoEdGovernment
Visit school website →

Birchgrove Public School

P-6CoEdGovernment
Visit school website →

Independent & Catholic schools

Fr John Therry Catholic Primary School Balmain - Rozelle

K-6CoEdPrivate
Visit school website →

Inner Sydney Montessori School

K-6CoEdPrivate
Visit school website →

Recent results

Recently sold in Balmain

$820k

5/43 Montague Street

apartment1 bd · 1 ba

Sold ~July 2026

$679k

1/40 Arthur Street

apartment1 bd · 1 ba

Sold ~July 2026

$1.75m

11 High Street

house2 bd · 1 ba

Sold ~July 2026

$2.32m

2 Cardwell Street

house3 bd · 1 ba

Sold ~July 2026

$1.14m

2/240 Darling Street

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$1.50m

98/2-18 Buchanan Street

apartment3 bd · 2 ba · 1 car

Sold ~July 2026

$1.80m

311/22 Colgate Avenue

apartment2 bd · 2 ba · 1 car

Sold ~July 2026

$3.80m

8 Johnston Street

house4 bd · 2 ba

Sold ~July 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Balmain

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Compare the area

Price map around Balmain

Every listing for sale near Balmain, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
BalmainNearby suburbs

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Common questions

Balmain suburb FAQ

What is the median property price in Balmain?

The median house price in Balmain, NSW is $2.89m for a 3-bedroom home. Over the past year, median sold prices have risen about 17.8%.

How much is rent in Balmain?

The median weekly rent in Balmain is around $1,350 per week.

Is Balmain a good place to live?

Balmain is a suburb in the Inner West of Sydney, New South Wales, Australia. Balmain is an established residential suburb in NSW, with a population of around 10,454 and 4 schools in the area.

What is the population of Balmain?

Balmain has a population of 10,454 (ABS 2021 Census), with a median age of 42.

What schools are in Balmain?

There are 4 schools in or near Balmain, including Balmain Public School, Birchgrove Public School and Fr John Therry Catholic Primary School Balmain - Rozelle.

How long do homes take to sell in Balmain?

Properties in Balmain take around 44 days to sell on average, with an auction clearance rate of about 62%.

How much do you need to buy in Balmain?

Entry-level properties in Balmain start around $2.10m, while premium homes reach $4.26m.

What suburbs are near Balmain?

Suburbs near Balmain include Birchgrove, Rozelle, Glebe, Balmain East and Woolwich.

Available now

Properties in Balmain

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Image 1
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For Sale
Contact agent
apartment
StMate est. ~$1.46m

Art Deco Elegance Meets Contemporary Village Living

102/2A Rowntree Street, Balmain NSW 2041
22118 m²
Harris Partners2 months ago
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Image 1
For Sale
$1.55m
apartment

Spacious apartment with stunning views

20/10 Gow Street, Balmain NSW 2041
321111 m²
Harris Partners1 month ago
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For Sale
$3.79m
house

Freestanding cottage & DA-approved plans to create architectural showpiece

41 Lawson Street, Balmain NSW 2041
323347 m²
BresicWhitney Balmain3 months ago
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Image 1
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For Sale
$3.25m
house

Historic sandstone cottage in blue ribbon harbourside position.

12 Darling Street, Balmain NSW 2041
211107 m²
Belle Property Balmain1 month ago
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NewFor Sale
Auction
land

Significant Balmain Landholding With Endless Potential

1-17/15-27 Reynolds Street, Balmain NSW 2041
17
Ray White Double Bay2 days ago
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For Sale
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house
StMate est. ~$2.04m

A Balmain Landmark Reimagined for Luxury Living

77 Beattie Street, Balmain NSW 2041
22
Forsyth Real Estate3 weeks ago
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Image 1
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For Sale
$2.19m
house

Serene lifestyle on a quiet leafy street close to the village

15 Roseberry Street, Balmain NSW 2041
22
Belle Property Balmain2 weeks ago
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For Sale
$900,000
apartment

North-facing apartment in prime village setting

9/19 Glassop Street, Balmain NSW 2041
211
BresicWhitney Balmain1 week ago
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For Sale
Contact agent
house
StMate est. ~$2.59m

RENOVATED CHARM FOR LIFESTYLE ENJOYMENT

5 Birchgrove Road, Balmain NSW 2041
312217 m²
Roger Mickhail Property2 months ago
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For Sale
Contact agent
apartment
StMate est. ~$1.08m

North Facing One-Bedroom Apartment with Spectacular District Views & Oversized 20sqm Entertainer's Balcony

18/6 Thames Street, Balmain NSW 2041
11188 m²
Balmain Realty2 weeks ago
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For Sale
$2.69m
house

A sun-filled designer terrace in a top village setting

16 Lawson Street, Balmain NSW 2041
322145 m²
CobdenHayson Balmain1 month ago
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For Sale
$3.15m
house

Torrens Title residence, a Harbourside Haven with water views

23 St Andrew Street, Balmain NSW 2041
332189 m²
Belle Property Balmain3 months ago
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