OFF MARKET

1/85 Palmer Street
Balmain NSW 2041

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
Land area: 20637m2
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Last updated 11 Nov 2024
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Property Details for 1/85 Palmer St, Balmain

1/85 Palmer St, Balmain is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 20637m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in November 2005.

Building Type
Unit
Year Built
2000
Floor Size
102m2
Land Size
20637m2
Local Government
Inner West
Lot/Plan
75/SP61963

Last Listing description (November 2023)

This stunning 171sqm apartment with a huge entertainment courtyard doesn't come along very often in Balmain. Features include: Quality timber floors, modern kitchen, reverse-cycle air conditioning, large master bedroom with en-suite, build-ins with mirror doors and secure parking. Add in heaps of storage space and access to the beautiful, resort-style indoor pool, spas, sauna and gym. The apartment is located in a very quiet position within a friendly neighborhood. All this within a short stroll of vibrant Darling Street with its boutique shops, restaurants, bars and cafes, public transport, parks and schools.
Pets Considered.

Property History for 1/85 Palmer St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$578,000
16 Nov 2005
Listed for Rent
$950/w
27 Nov 2023
  • 23 Nov 2023
    Listed for Rent $950 / week
  • 10 Mar 2022
    Sold
  • 02 Sep 2020
    Listed for Rent $800 / week
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About Balmain 2041

The size of Balmain is approximately 1.6 square kilometres. It has 15 parks covering nearly 8.8% of total area. The population of Balmain in 2011 was 9,783 people. By 2016 the population was 10,463 showing a population growth of 7.0% in the area during that time. The predominant age group in Balmain is 30-39 years. Households in Balmain are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balmain work in a professional occupation. In 2011, 54.2% of the homes in Balmain were owner-occupied compared with 55.6% in 2016.

Balmain has 6,021 properties. Over the last 5 years, Houses in Balmain have seen a 30.15% increase in median value, while Units have seen a 33.36% increase. As at 31 October 2024:

  • The median value for Houses in Balmain is $2,651,536 while the median value for Units is $1,372,766.
  • Houses have a median rent of $1,000 while Units have a median rent of $790.
There are currently 10 properties listed for sale, and 20 properties listed for rent in Balmain on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in Balmain.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.