Free full calculator โ†’
Suburb Insights ยท NSW 2041

Balmain 2041, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Balmain is a well-established middle-ring suburb of Sydney, Australia, with a population of approximately 10,454, making it a smaller community. Located 3 km from the Sydney CBD, Balmain is a middle ring area in New South Wales. The median household income is $158,028 AUD per year (ABS 2021 Census).

Investment Score

86 / 100 Strong

Above-average earnings in Balmain support sustained property values. Its proximity to the CBD adds a strong location premium.

Location

Map shows Balmain, New South Wales, Australia.

Key Indicators

Postcode
2041

Official Australia Post postcode for Balmain. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
10,454

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$625/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$158,028/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
3 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
3

Estimated 3 schools within or near this suburb based on ABS 2021 data.

Find schools near Balmain on My School โ†’
Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$3,986/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
19% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Balmain's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $625/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $3,986/month. A median household income of $158,028/year supports premium property values and indicates a well-employed resident base. With only 19% separate houses, Balmain has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

โœ…
Buy & Hold

Solid fundamentals in Balmain support capital growth over a medium to long hold period.

โœ…
Rental Yield

Strong tenant demand in Balmain underpins consistent rental income and low vacancy risk.

โœ…
Renovation / Flip

Balmain's established market and growing population make it a viable location for value-add renovations.

Risk Factors

Run the numbers on a Balmain property

Full Property Analysis

30-year projections for Balmain

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

The outlook for capital growth in Balmain is encouraging heading into 2026, driven by constrained supply and buyer competition. The rental market in Balmain should see steady occupancy, with moderate upward pressure on rents. Balmain remains on the radar of active property investors in New South Wales.

Frequently Asked Questions

Is Balmain a good suburb for investment?

Balmain is a middle ring area in New South Wales with a population of 10,454. The median rent is $625/week and the median household income is $158,028/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Balmain?

Key demand drivers in Balmain include established amenities and transport access. 19% of dwellings are separate houses. The area has approximately 3 schools and 4 parks nearby.

What is the population of Balmain?

According to the ABS 2021 Census, Balmain has a population of approximately 10,454. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Balmain from the Sydney CBD?

Balmain is approximately 3 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

Explore Nearby Suburbs

New South Wales Property Resources