Balmain at a glance
Median house
$2,650,000
+1.3% year on year
Median unit
$1,380,000
Days on market
42
Average to sell
Walk score
100
Walker's paradise
Population
10.5k
Median age 42
The brief
What to know about Balmain.
The postcode for Balmain is 2041 (NSW), part of Greater Sydney.
The median house price in Balmain is $2,650,000.
Balmain (2041) sits in the Inner West region of NSW. The median house here is $2,650,000, well above the NSW median of around $1.10M. Prices have moved +1.3% over the past year, behind the NSW average (3%).
Balmain has roughly 10,454 residents, with a typical family-age mix. Households are a roughly even mix of owners and renters. Day-to-day life here is very walkable, with most errands manageable on foot. Listings here typically sell in 42 days, slower than the NSW average of 32.
Side by side
Compare Balmain with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Balmain 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 26°C (mild), winter mornings around 8°C (mild). Annual rainfall lands at about 1302mm. Data comes from the Bureau of Meteorology's Sydney (Observatory Hill) station, 32.5km away.
Schooling within or near the suburb covers 10 government primary, 2 government secondary, 4 Catholic, 3 independent.
Who lives here
Demographics.
The 2021 Census put Balmain's population at 10,454, with a median age of 42. That sits as a typical family-age mix. Households are a roughly even mix of owners and renters (57% own, 41% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (63% family households, 33% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
10,454
Median age
42
Family households
63%
Lone person
33%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $2,650,000 on a typical sale, well above the NSW median. Units come in around $1,380,000, roughly 48% below the house median. The 12-month picture is essentially flat performance (+1.3%), so buyers and sellers are negotiating on roughly the same number. Days on market run long (42 days), so well-priced listings still need patience.
For buyers
A 20% deposit on the median house works out to roughly $530,000. Prices sit well above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.
For sellers
Days on market are running long here (42 days), so realistic pricing and patient marketing matter.
Market
The price of a home here.
Median house price
$2,650,000
+1.3% over the past year. Median unit price $1,380,000.
Sales data as of December 2024· sales-abs
Rental and ownership
Weekly rent (house)
$640/wk
Weekly rent (unit)
$625/wk
Owner occupied
57%
Renter occupied
41%
At a deeper level
$2,650,000
+1.3% annual growth
$1,380,000
42
Average days to sell
10,454
Median age: 42
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For investors
Investment overview.
Gross rental yield on houses sits at 1.26% (median rent $640/wk against a $2,650,000 price tag). Units yield 2.36% 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 (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20241.26%
Based on $2,650,000 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20242.36%
Based on $1,380,000 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024+1.3%
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202657%
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 202442 days
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
5-year trajectory
at +1.3%/yr
2021
$2.5M
5-year change
+7%
2026
$2.6M
Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.
Safety
Crime and safety.
796
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of January 2025· State Police Open Data
Getting around
Walkability.
100
20
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Balmain.
Local schools for Balmain
View the catchment for each school to find out more.
Government School Catchment
Balmain Public School
Birchgrove Public School
Sydney Secondary College Balmain Campus
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
1302 mm
Hottest Month (avg max)
26.2°C
Coldest Month (avg min)
8.4°C
Monthly Rainfall (mm)
Weather data from BOM station Sydney (Observatory Hill) (33 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Balmain.
- What is the median house price in Balmain?
- The median house price in Balmain, NSW 2041 is $2,650,000. The median unit price is $1,380,000. Annual growth is +1.3%.
- What is the Balmain postcode?
- Balmain is in the 2041 postcode, in NSW, in the Inner West Council region.
- Where is Balmain?
- Balmain is a suburb of Sydney, in NSW 2041. It is part of the Greater Sydney area, in the Inner West Council region.
- What is the average rent in Balmain?
- The median weekly rent for houses is $640, for units it's $625.
- What schools are in Balmain?
- There are 20 schools serving Balmain on this page, including Balmain Public School, Inner Sydney Montessori School, Fr John Therry Catholic Primary School Balmain - Rozelle.
- How walkable is Balmain?
- Balmain has a Walk Score of 100 out of 100, very walkable. transit score 20, bike score 100.
- What suburbs are near Balmain?
- Balmain is close to Birchgrove, Rozelle, Balmain East, Darling Island, Pyrmont.
- What is the population of Balmain?
- The population of Balmain is approximately 10,454 (2021 Census). The median age is 42.
For Sale
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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