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...

Barbara Hayes | Ashfield
Jeannette,

I cannot thank you enough for your bubbly enthusiasm, lovely smile, and your honest and professional opinion you gave us, to help sell our property in Ashfield, NSW.

The advice you did give us concerning price, advertising and all matters relating to selling a property, resulted in the unit being sold for our expected price, within one week of being listed.

Congratulations Jeannette!

It was a pleasure meeting and working with you, and should the occasion arise, I would not hesitate to recommend yourself and your team at Harris Partners in Balmain, for future sales or purchases.

I wish you all the very best for your future, and hope you all have a Wonderful Christmas for 2011.

Anna Webster & Matt Clements | Leichhardt
Thank you to Harris Partners Real Estate, in particular Charles Milburn, for the quick and pain-free sale of our unit in Leichhardt.

Harris Partner's approach was professional and complete, in that we had confidence not only in Charles' ability to sell to the market, but also in the entire sales and administration team of Harris Partners.

Thanks again, we would recommend any prospective purchasers or sellers to use this real estate.


 

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