Suburb Profile

BALMAIN
Loyalty Square, Balmain
Balmain 2041

Named after surgeon William Balmain who was given a grant of 500 acres in 1800. Settlement was sluggish until the introduction of ferries 30 years later.

Reliance on steamers and coastal vessels for travel and trade resulted in the establishment of shipyards. With a growing population came churches, schools, police, a hospital, and a Council formed in 1860 and later amalgamated with Leichhardt and Annandale.

By the 1800's Balmain claimed to be the leading social suburb in Sydney with clubs such as the Balmain Working Men's Institute. Overcrowding, factories built next door to houses and schools, and haphazard inappropriately laid out street design saw an eventual decline.

By the Depression, 38% of residents were out of work, twice the State average. Post W.W.2 saw large scale industry with a coal loader, power station, Unilever, Colgate Palmolive, Monsanto and Caltex, with the accompanying noise and pollution.

It wasn't until the mid 1960's when much of this industry moved out, that tertiary education people started to be attracted to the architecture, the foreshore and the close proximity to the CBD. Fifty years of gentrification later, Balmain and Birchgrove are considered amongst Sydney most desirable waterfront locations.

At its hub, Darling Street is a popular shopping strip with many coffee shops and eateries.

There are a number of parks and reserves, high school and primary schools, and a private Catholic school. Clubs include sailing, rowing, bowls and tennis and an RSL. A salt water harbour side pool was named after one of Balmain's local heros, swimmer Dawn Fraser. There's a post office, many hotels in heritage buildings and a public hospital.

Transport is provided by private and public ferry services and an RTA buses.

In the 2006 Census, the population of Balmain numbered 13,765 persons; with 48% male and 52% female.

79% Australia citizens with 27.7% born overseas.

13.9% are children, 23% over 55 and the median age was 37 years.

69.7% are fully employed, with 78.3% professional, managers and administrators. 11.4% are technicians or work in trades and sales.

The 2006 Census listed property types in Balmain as 27.8% are separate houses, 39.9% semi-detached, row or terrace houses and 30.6% flats, units or apartments.

The median house price for Balmain for 2008 is $925,000. The median unit price is $600,000.


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What others say...

Carmine & Maria Di Ienno | Lilyfield
From our first meeting with David we felt assured and well informed of the whole selling procedure. We sold our home in a short time and were kept informed every step of the way. He even helped us with researching a different area so we could make an informed decision about purchasing our next property. We would like to thank David for his professionalism and friendly personality.

Berverly Bragg | Leichhardt
Chris advised me on what he thought I should do to prepare the house for sale and, more importantly, what not to waste money on. The minute I was ready the Harris Partners Team came to view the house.

A day later I got a phone call asking if they could show four groups of people on Wednesday, five on Thursday and three on Friday. This was but in preparation for the crowd of thirty or so at the weekend. All of this emanated from the Harris Partners website and not from costly advertising.

In short, the Harris Partners' system worked like a well-oiled machine, Chris had not only shown fortitude in the waiting period but also integrity. He was attuned to my situation and needs and I felt was working in my interests.

I would certainly choose Chris Williams and Harris Partners if I were selling again and would recommend them to others.



 

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