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...

Tom Woodbury | Balmain
Hi Peter,

Sarah and I would like to thank you for all your effort during the recend sale of our property 11/1 Foy St, Balmain.

We always felt we were kept up to date with the process and you passed on enough details to us without exposing us to the nastier and more difficult side of the bargaining that went on.

We are happy with the result you got under trying circumstances and would be happy to recommend your agency to anyone looking for an agent.

Once again, thanks very much!

Regards,
Tom Woodbury

Nathan Smith | Balmain
I wish to show my appreciation to all the staff at Harris Partners Real Estate for their amazing effort in selling my property with a professional attitude in a difficult market.

I was looking for solid advice and ethical practices, not how much they would need from me upfront to sell the property.

They were spot on the money when it came to what they thought the property was worth and they would only accept payment once the property exchanges. I loved the idea that if they couldn't sell it, they didn't expect anything from me.

I would have no hesitation in referring my friends and family to such a friendly and professional team like Harris Partners Real Estate.


 

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