Balmain East, NSW 2041
Inner West CouncilAll suburbs in postcode 2041
Updated
Median house price
$3,800,000
Median of 17 house sales · NSW Valuer General · calendar 2025
Selling in Balmain East?
Get the free selling guide, personalised to Balmain East, or ask for a free appraisal from a local agent.
Balmain East at a glance
- Median unit
- $633,600
- Weekly rent
- $1,300
- Houses · units $811
- Population
- 1,900
- Median age 46
Prices: Median of 17 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2041), June 2026 · Population: 2021 Census
House prices in Balmain East
Houses change hands at $3,800,000 on a typical sale, well above the NSW median (17 house sales, NSW Valuer General, calendar 2025). Units come in around $633,600, roughly 83% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $760,000. Prices sit well above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of June 2026· NSW rental bond data (postcode 2041)
Free appraisal in Balmain East
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What to know about Balmain East
Balmain East (2041) sits in the Inner West region of NSW. The median house here is $3,800,000, well above the NSW median of around $1.10M.
Balmain East has roughly 1,900 residents, with an established, older skew. Households are a roughly even mix of owners and renters. Day-to-day life here is very walkable, with most errands manageable on foot.
What it’s like to live here
Balmain East scores 100/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 27°C (warm), winter mornings around 8°C (mild). Annual rainfall lands at about 1,139 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 6 government primary, 3 government secondary, 2 Catholic, 8 independent.
Schools in Balmain East
Location
Walkability
- Walk
- 100/100
- Transit
- 0/100
- Bike
- 100/100
Walker's paradise. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Balmain East's population at 1,900, with a median age of 46. That sits as an established, older skew. Households are a roughly even mix of owners and renters (58% own, 41% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (64% family households, 33% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 64%
- Lone person
- 33%
- Owner occupied
- 58%
- Renter occupied
- 41%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 1.78% (median rent $1300/wk against a $3,800,000 price tag). Units yield 6.66% gross, often the better cash-flow play for first-time investors. With 41% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 1.78%
- On the $3,800,000 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 6.66%
- On the $633,600 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
71 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 1,139 mm
- Hottest month, avg max
- 27.1°C
- Coldest month, avg min
- 8.3°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Balmain East
- What is the median house price in Balmain East?
- The median house price in Balmain East, NSW 2041 is $3,800,000 (median of 17 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $633,600.
- How much is my house worth in Balmain East?
- A useful starting point is the Balmain East median house price of $3,800,000 (units $633,600). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Balmain East a good investment?
- On the published figures, the gross rental yield on houses in Balmain East is 1.8%: the median weekly house rent is $1,300 (NSW rental bond data (postcode 2041), June 2026) against the median house price of $3,800,000 (NSW Valuer General, calendar 2025). No 12-month price change is published for Balmain East: the NSW Valuer General figures we hold do not measure one. Whether Balmain East is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Balmain East postcode?
- Balmain East is in the 2041 postcode, in NSW, in the Inner West Council region.
- Where is Balmain East?
- Balmain East is a suburb in the Inner West Council area, NSW 2041.
- What is the average rent in Balmain East?
- The median weekly rent for houses is $1300, for units it's $811.
- What schools are in Balmain East?
- There are 20 schools serving Balmain East on this page, including Nicholson Street Public School, Fr John Therry Catholic Primary School Balmain - Rozelle, Balmain Public School.
- How walkable is Balmain East?
- Balmain East has a Walk Score of 100 out of 100, very walkable. transit score 0, bike score 100.
- What suburbs are near Balmain East?
- Balmain East is close to Darling Island, Balmain, Birchgrove, Millers Point, Pyrmont.
- What is the population of Balmain East?
- The population of Balmain East is approximately 1,900 (2021 Census). The median age is 46.
Selling in Balmain East? Get the free selling guide
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.