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...

William & Donna
My husband and I couldn't be happier with the way in which Sasha from Harris Partners conducted the sale of our investment unit. Initially, we were quite pessimistic about the outcome given the current climate in real estate, but from our first meeting with Sasha we felt reassured and confident that he would achieve a good outcome for us. He kept us well informed every step of the way and he was prepared to go out of his way to help us - even to the extent of picking up and installing a replacement range hood filter to save us the trip into town! We sold our property for the best price possible. We are very happy and would like to thank Sasha for his professionalism and friendly, helpful attitude.

Peter Leeson | Balmain
Thank you for the fantastic job you did of selling my property in Ennis Street Balmain.

When it came time to sell, I was compelled to list the property with Harris Partners given the fact that you have patiently kept in contact with me for over a decade now.

To sell the property at over the asking price (which I believed to be a stretch) in just over a week was a fantastic result and really took a lot of stress out of the plans that Linda and I are making for the future

I would have no hesitation whatsoever at recommending your services.


 

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